The bitcoin rally has faded for now. According to CoinDesk, bitcoin hit an all-time high of $24,273 on Sunday, but it’s pulled back about 6% as of this writing. But even though bitcoin is down today, …
Bitcoin’s rise could replace the U.S. dollar, says Morgan Stanley’s Ruchir Sharma
Ruchir Sharma, chief global strategist at Morgan Stanley Investment, says the evolving blockchain technology has led to the growth of bitcoin and as more people invest in the cryptocurrency, it poses …
Why betting on bitcoin is harmful to the U.S. dollar: Morgan Stanley’s Ruchir Sharma
Ruchir Sharma, chief global strategist at Morgan Stanley Investment, says evolving blockchain technology has led to the growth of bitcoin and as more people invest in the cryptocurrency, it can harm …
Beyond Supply And Demand: Charting The Bitcoin Mining Industry’s Journey
Last week, bitcoin finally surpassed its all-time price high … This past November alone, miners saw daily revenues returning to pre-halving levels, seeing highs of $21.7 million in a single day.
Are Bitcoin Whales Back?
Bitcoin whales are making a comeback. One River Asset Management, a hedge fund specializing in volatility bets, has amassed substantial holdings and commitments, worth about $1 billion by 2021, in …
Bitcoin Crosses The $20,000 Threshold
For more information and all the breaking news and in-depth reports on Bitcoin and blockchain technology, visit BitcoinMagazine.com. Sign up for our newsletter to get the latest on the transformative …
Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC
Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion.
Could Elon Musk ‘Singlehandedly’ Send Bitcoin to $25K?
A recent Twitter conversation between Musk & Microstrategy’s Michael Saylor has sent the cryptosphere all abuzz.
What is enterprise blockchain? Everything you need to know
If you say ‘blockchain’ to the average person and ask them what immediately springs to mind, you might get references to Bitcoin, the dark net, fortunes made and lost, Facebook’s Libra. Or, you might …
MicroStrategy buys the dip — Now has more BTC than US Govt
Michael Saylor announced that a further $650 million worth of Bitcoin is now shoring up MicroStrategy’s reserves.
Here is how Bitcoin price will react to new US economic stimulus deal
Bitcoin price reacted positively to the news surrounding the latest US economic stimulus deal; Thus far this year, it seems like all COVID-related relief packages have led to bull …
Bitcoin Price Prediction: BTC dives to critical support barrier as bears target $20,000 before higher high
Bitcoin is on the verge of a major correction as critical support gives way. A recovery below $22,800 is needed to mitigate the bearish pressure. Bitcoin is testing waters below $22,3000, which may …
Bitcoin’s Early Days: Reporter Recalls $200K Sushi Dinner After Spending 10 BTC, Former Bitcoin Dev Sells 55,000 BTC for Under $30 a Coin
The tech reporter, Kashmir Hill, recalled how she spent 10 BTC ($224k) for a sushi dinner for a couple of dozen strangers.
BTC/USD Forecast: Bitcoin Acknowledging Gravity Again
Bitcoin has already stated which direction it wants to go, so all you have to do is simply follow it. Bitcoin markets fluctuated during the trading session on Friday in what would have been rather …
Stimulus checks meet BTC all-time highs: 5 things to watch in Bitcoin this week
A vote on $600 payments to Americans combines with bank buybacks as one analyst says that institutional buying could mean the Bitcoin bull run “never stops.” …
Bitcoin Price Prediction: BTC/USD Takes a Breather as Bulls and Bears Contemplate Next Move
December 20, 2020On December 16, following the breakout above the psychological price level of $20,000, the market has been continuing. […] …
Kim Dotcom Faces Backlash From Bitcoin Community After Tweeting $3K BCH Prediction
As Bitcoin established a new all-time high on Dec 17 and smashing the $23K barrier, blockchain enthusiast and internet celebrity Kim Dotcom was quick to whip up controversy by claiming that Bitcoin …
Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 21 Dec
As of writing, Ripple was virtually unchanged on the day at $0.5760 and was gaining more than 12% on the week. The Fibonacci 23.6% retracement of the bull run that saw Ripple price jump from $0.28 to …
Bitcoin Price Analysis: BTC bulls have reasons to keep 24,000 on radar
BTC/USD defies pullback from 24,300, recently bid from 23, 110. Bullish MACD, sustained break of key resistances favor bulls. Sellers need to break 19,500 for fresh entry. BTC/USD prints 1.0% intraday …
Crypto Long & Short: Bitcoin Is More Than a Hedge Against Inflation – It’s a Hedge Against ‘Crazy’
Bitcoin is often a hedge against inflation, but it’s also a safety play for a world where old ideas about economics are up in the air.
Bitcoin Price Prediction: BTC/USD Breaks $24,000 Resistance Level
BTC/USD jumps above $24,000 in the cause of today’s trading. However, the coin had been moving tremendously since the last two weeks, with the technical indicator RSI (14) swimming in the …