In January 2021, Bloomberg Analyst Mike McGlone predicted that the price of bitcoin would hit $50,000 at some point this year. At the time, the value of the leading crypto asset was merely hovering above $30,000, and the $50,000 mark felt a very long way off. Less than a full month later and the cryptocurrency […]
The weekly mining revenue of global bitcoin miners hit a new all-time-high of $354.4 million last week. Analysts say the new record is partly due to the surge in the price of the digital currency coupled with the skyrocketing network fees, according to reports on February 15, 2021. Weekly Bitcoin Mining Revenue Surpasses 2017 Highs […]
With all this bullish bitcoin activity, the ETH/BTC pair has gone bearish, a sign traders are selling ether for bitcoin.
Listen To This Episode: Apple Spotify Google Libsyn On this episode of Bitcoin Magazine’s “Bitcoin In Asia,” Molly joins host John Riggins for a quick-hitting conversation about Bitcoin adoption in Asia to kick off 2021. Molly is head of marketing at HashKey Hub. She was also Bitcoin Magazine’s first employee in Asia and combines that […]
The company shed $130 million in value after J Capital’s report.
The digital asset manager passed a key milestone this week.
The crypto market had quite a rough day, as Bitcoin’s price plummet pulled the rest of the market down. The sudden bloodbath was caused by Bitcoin’s inability to break the $42,000 mark, which then prompted a pullback. However, as many investors had their positions heavily leveraged, the price drop liquidated $2.7 billion worth of Bitcoin […]
Crypto euphoria gets reality check as bitcoin and ether tumble, though XRP is still trading with market value near Ford Motor’s as SEC-inflicted damage proves limited.
Mining difficulty passed 20 trillion Saturday morning.
A massive rally in the crypto markets pulls the overall cryptocurrency market cap above $1 trillion for the first time in history. Thanks to Bitcoin (BTC) and some of the popular altcoins like Ethereum (ETH) which have been leading the show over the last year. If we see the monthly chart, the overall crypto market […]
Continue reading at Coinspeaker
Bitcoin rallied continued during the European session Thursday as traders ignored Washington’s political unrest to focus instead on the potential for higher sovereign spending. The BTC/USD exchange rate established a new record high of $38,180, adding 10 percent to what has been a relentless uptrend in the last four quarters. While the pair pared some […]
Continue reading at Coinspeaker
The event happened just a week after the leading cryptocurrency broke $24k.
The MicroStrategy CEO took to Twitter to dismiss widespread speculation that his company’s recent massive purchases of bitcoin have turned it into an investment firm or de facto ETF.
Bitcoin’s price is in a tight range Thursday while some investors are moving into ether.
Bitcoin has hit a new all-time highest price relative to USD as listed on Bitstamp, eclipsing its previous high of $19,666.00 set on the exchange on December 13, 2017. The specific price of BTC relative to fiat currency at any given time depends on the rate set by specific exchanges, and the listed all-time high […]
Bitcoin outperforms JPMorgan in terms of market capitalization shortly after the firm’s CEO said Bitcoin “is not my cup of tea.” Amid an ongoing parabolic bull run, Bitcoin (BTC) is breaking another major milestone in terms of its market capitalization against American banking giant JPMorgan. On Nov. 24, Bitcoin surpassed the $19,000 price mark for […]
According to publicly-available market data, bitcoin’s market capitalization has hit a new all-time high, eclipsing its highest mark ever of $328.89879 billion, set on December 16, 2017, per Coin Metrics. Market capitalization is determined by an asset’s individual price, multiplied by its total supply. At the time of this writing, according to cryptocurrency exchange Bitstamp, […]
Continue reading at Coinspeaker
Bitcoin’s price is climbing for the third straight day as more of the cryptocurrency is locked into the Ethereum network.
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]