Market Outlook

Mia Khalifa, Snoop Dogg, Elon Musk and Gene Simmons are just a handful of celebrities that can't get enough of the dog-themed cryptocurrency.

The filing comes on the same day as bitcoin hit $50,000 for the first time ever.

The business intelligence firm said it expects to grant initial purchasers of the notes an option to buy an additional $90 million, making the total potential offering $690 million.

Analysts say more spot buying is needed to bring bitcoin over the $50,000 mark.

Bitcoin reached a new all-time high of $50,001.35 Tuesday morning, just days after breaking above $48,000.

The firm called the leading cryptocurrency "the start of a new age on the digital currency front."

Bitcoin had been most-crowded trade in January as prices rose to a $40,000 record.

Lack of hedging demand for long-term put options shows institutions remain unconcerned by Monday's price drop.

Buyers showed up quickly to reverse the crypto market dip through Monday.

The sudden pullback just short of a new $50,000 high surprised many investors. Here's what probably happened.

Last week's mining revenue eclipsed the previous record set in mid December 2017.

The record comes as traders analysts have described institutional investors’ interest in bitcoin as growing “at a staggering pace.”