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General Motors (GM), the 113-year-old car manufacturer could follow leading car manufacturer Tesla and add Bitcoin to their treasury as per City AM. The assumption is made based on a recent survey conducted by the company that asked its customers whether they would be comfortable in using cryptocurrency as a method of full or part […]
Ethereum is down over 5% and it broke the $1,600 support zone against the US Dollar. ETH price must stay above $1,550 to avoid more losses in the coming sessions. Ethereum extended its decline after it failed to recover above the $1,750 resistance level. The price is currently trading well below $1,600 and the 100 […]
After surging all the way above $57,000 on Wednesday, Bitcoin (BTC) has been holding its ground above its crucial support of $55,000. However, BTC is currently facing a downward pressure with drying stablecoin supply at the exchanges. Bitcoin investors are keenly observing all the latest developments and eagerly awaiting the next big corporate announcement that […]
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 […]
Binance Coin (BNB/USD) emerged as the best-performing asset among the top ten cryptocurrencies this week as traders measured its potential against a flurry of adoption-friendly updates. The fifth-largest cryptocurrency, which serves as a settlement token in the Binance exchange and its other ventures, surged to a new record high of $196.96 during the early European […]
It may be a milestone that is losing some of it’s novelty, but bitcoin once again eclipsed its all-time price high this week, reaching a USD value of $49,000 on Bitstamp today. Sometimes bitcoin’s price movement can be difficult to parse but, in this case, there was a series of significant news items and events […]
Bitcoin is unstoppable and over the last year its market cap has doubled and then some. The massive flood of capital has caused the market cap o the scarce cryptocurrency to now surpass many major publicly traded corporations and even fiat currencies. The most recent wave of buying has been driven by news that Telsa […]
On Friday, January 29, the world’s richest man Elon Musk stormed the Satoshi Street by changing his Twitter bio to ‘#bitcoin’. Breaking past is two weeks of downward momentum, BTC surged all the way above $38,000. However, this remained a momentary spike as profit-booking ensued soon after. Again the BTC price continues to oscillate minorly […]
Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep […]
Ethereum has faced a strong correction after peaking near $1,350 last week. The cryptocurrency currently trades for $1,050, though fell as low as $950 on Monday due to an influx of selling pressure. During the drop, the funding rates of the ETH futures markets were extremely overleveraged. In some cases, there were long positions holders […]
Bitcoin derivatives traders who opened bullish positions as the cryptocurrency reached its record high, near $34,500, are now staring at massive losses. Data provided by ByBt.com shows that the BTC/USD market liquidated long contracts worth $1.17 billion as of 2130 EST Sunday. The stop-losses triggered as the Bitcoin price slumped back below $30,000 amid a […]
The price of Bitcoin surpassed $34.7k, propelling Ethereum to break past $800 after a strong overnight rally. The price of Bitcoin (BTC) surpassed $34,700 to achieve a new all-time high after a strong overnight rally. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, also surpassed $800 for the first time since May 2018. Bitcoin’s […]
Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs. 17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, […]
Bitcoin is the one asset everyone in 2020 is talking about whether they are for or against the cryptocurrency. Naysayers are out in full force, and supporters are stronger than ever and growing by the numbers – even enlisting celebrities, hedge fund managers, and more. Top analysts from both crypto and traditional finance, along with […]
It has been a wild past few days and weeks for Bitcoin and the entire crypto market The benchmark digital asset’s price has gone parabolic, rallying from recent lows of $17,600 to highs of $23,700 Although it faced a rejection at these highs, its outlook is still incredibly bullish and it has recovered most of […]
Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance from the Federal Reserve. The flagship cryptocurrency rose up to 2.18 percent to $19,866, its best level in two weeks, after breaching above the previous resistance area between $19,500 and $19,600. The move uphill accompanied a spike […]
The SEC commissioner explains why the SEC’s approach has been “too slow and too ambiguous” and why she’s optimistic for 2021.
Analysts and traders discuss both bull and bear cases for Bitcoin after the BTC price plunged to $16,200. The price of Bitcoin (BTC) dropped sharply on Nov. 26 following a mass sell-off from whales. Data from on-chain data firms, namely Santiment, Intotheblock, and CryptoQuant, show heightened levels of whale exchange inflows. Whales selling right under […]
Crypto markets could turn on a shift in economic policies as U.S. President-Elect Joe Biden’s transition team starts to meet.
Since 2009, Bitcoin has come a long way while proving its worth, improving its regulatory standing and raising interest globally through media and the internet. From having zero relative value to fiat as a currency in its early days to being valued at $19,783.06 in December 2017, bitcoin has shown immense power. Today, nearly everybody, […]
Bitcoin still has its fair share of doubters. So did Amazon at one time.
Bitcoin price traded above the $14,000 resistance before correcting lower against the US Dollar. BTC is currently consolidating gains and it must stay above the 100 hourly SMA for a fresh increase. Bitcoin started a downside correction after forming a high near the $14,080 level. The price is trading above the $13,600 support and the […]