Bitcoin rises for the third straight day on Saturday. Technical correction is likely if BTC/USD fails to break above $13,860. After climbing to its highest level since June 2019 at $13,863 on …
Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company’s BTC Profit Eclipses Other Earnings
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s …
Grayscale Investments Study Shows More than Half of U.S. Investor Survey Respondents Would Consider Investing in Bitcoin and 23% Already Have
Grayscale Investments, the world’s largest digital currency asset manager, today released its 2020 Bitcoin Investor Survey, the firms …
Bitcoin Weekly Forecast: BTC hits $13,863 for the first time since June 2019
Bitcoin has formed a potential double top at $13,863 on the weekly chart. Upcoming US elections could play an essential role in the price action of BTC. Iran becomes the first country to use …
Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s Birthday
(CoinDesk) The average price of a transaction on the Bitcoin blockchain is now 0.00086764 BTC (~$11.66), the highest since June 2018. This represents a 573% increase over the past 12 days. The spike …
Bitcoin Rally Gets Added Boost From ‘Wrapped’ Crypto Tokens
As Bitcoin rallied to its highest level in almost three years, it was getting some unlikely support from advocates of its biggest rival.
‘Cash Is Trash,’ So Let’s Bet $425 Million on Bitcoin
The company could have gotten rid of its excess cash by paying a big dividend or by buying back much of its stock. Instead, MicroStrategy bet half its total assets on bitcoin. So is this a publicly …
Bitcoin Price Prediction: BTC investors increase their bets to $30,000 by January 2021
Essentially, investors are betting on Bitcoin’s price to reach more than $30,000 by the end of January 2021. The flagship cryptocurrency is facing bearish and bullish indicators.
This fractal pattern suggests Bitcoin could dump to $12,000
BTC/USD is trading at $13,274 after being rejected at highs of $13,860 even as key fractal suggests further decline …
Bitcoin just 4 days away from historically bullish $10K price record
Bitcoin (BTC) has spent nearly 100 days above $10,000 — and if history repeats itself, further price gains could be astronomical. As noted by various social media users this week, as of Oct. 30, …
Bitcoin Traders Can Now Bet on $40K Price With New Deribit Options
Founded in May 2013, CoinDesk reaches millions interested in blockchain technology thru its website, social media, newsletters, podcasts and video. CoinDesk created the original reference rate known …
Willy Woo: Signs that BTC is decoupling supports its ‘safe haven’ status
Bitcoin (BTC) has started to decouple from the U.S. stock market index S&P 500 according to crypto statistician Willy Woo. First signs of de-coupling behaviour spotted between BTC and stocks.
Bitcoin Price Unlikely To Hit $20,000 By Year-End: Here’s Why
Bitcoin options market sees only a 10% chance for BTC to reach $20,000 by year-end Bitcoin needs to rally 50% to reach that price by Dec. 31 Bitcoin is getting strong support at the $13,000 level …
Bitcoin Closes Lower Highs After Rejection from $13,650
Bitcoin (BTC) attempted to initiate an upward move but was rejected by the previous support area and created a long upper wick.
Crypto hedge funds rack up steep gains on lending surge
The emergence of decentralized finance, or DeFi, which are crypto platforms that facilitate lending outside of traditional banking … than the much larger digital asset exchanges. Meanwhile, …
Report: Bitcoin Set for its Biggest Breakout Yet
According to their report, “BTC has been growing in ways that we have not seen in previous bull runs.” Explaining their stance, the authors point to bitcoin’s growing correlation with gold …
Bitcoin Price Analysis: BTC decouples further away from the SPX
Popular BTC analyst Willy Woo noted that BTC is effectively decoupling away from the SP500. In the image below, the BTC/USD price has two different charts superimposed on each other. One is …
Bitcoin Breaks Out
Bitcoin, the most important cryptocurrency on … the reward to bitcoin miners for releasing new bitcoins is cut in half. The prior two halvenings both led to major gains in bitcoin’s price …
OKEx, Still Paralyzed by Founder’s Arrest, Details Plans for Bitcoin Cash Hard Fork
Cryptocurrency deposit withdrawals are still suspended at the OKEx exchange following a founder’s recent arrest, but officials with the Malta-based company are moving ahead with other matters, …
Market Wrap: Bitcoin Hits $13.6K; 500K ETH Options Pile Up for December
Bitcoin’s price is turning bullish as ether options traders accumulate half a million of ETH options for December expiration.
Bitcoin price rises to highest level for nearly three years
A surging appetite for bitcoin since the end of September has seen the price of the cryptocurrency soar to levels last seen in January 2018, with JP Morgan even suggesting it could challenge gold.