Bitcoin is still too volatile to act as a true store of value, though investors hope it will assume that role, the head of the digital assets arm of Fidelity Investments said on Thursday.
Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode
The price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November. Bitcoin (BTC) trading around …
Bitcoin price metric that called 2020 bull runs flashes ‘buy’ again
An “elegant” Bitcoin (BTC) metric that predicted its run to $12,000 in August has flashed bullish again for the first time since July. As noted by creator Charles Edwards on Dec. 3, the Hash Ribbons …
GDA Group Launches Collateralized Lending For Bitcoin Investors
Toronto-based GDA Group, a North American digital assets firm specializing in capital advisory and trading services to institutional investors, announced the launch of GDA Lending.
This Family Bet Everything on Bitcoin When It Was $900 – and Bought More When It Crashed in 2018
This family sold everything it owned in 2017 to make a big bet on bitcoin. Four years and 40 countries later, and it’s still all in on cryptocurrencies.
$10,000 is 2021 Bitcoin base for more of the same toward $50,000
A risk-off decline like 1Q’s could return Bitcoin toward $10,000 support in 2021, but we believe the path of least resistance remains higher.
Bitcoin: This Time It Really Is Different
However, this is not 2017, and things are a lot different now. Bitcoin moves in waves, and the next peak will likely be substantially higher from here. Increased interest from mainstream firms will …
Beyond Bitcoin: These Cryptocurrencies Are Doing Even Better
A number of cryptocurrencies are posting even gaudier numbers than the progenitor of digital money. Ethereum, a longtime favorite of tech geeks, has quintupled in value since its 12-month low on March …
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market relentlessly fighting for new yearly highs
The uphill battle for new yearly highs is still on, especially for Bitcoin. As explored earlier, the Hash Ribbon, an on-chain metric, hints at a potential buy signal. Ethereum is also awaiting the …
Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the …
Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs
As bitcoin’s price has spiked to levels not seen in three years, a number of factors show that the current run-up is similar to 2017.
Bitcoin: Winklevoss Twins And PlanB See A 25x To 50x Gain In The Next Decade, Our First Target Stands At $30,000
Despite the dramatic surge in prices in the past 6 years, we still think that bitcoin could be the asset to hold for the next decade.
Bitcoin is already outperforming the halving that sparked $20K all-time high
Bitcoin in 2020 is right between its 2016 and 2012 positions, data shows, as six-month performance sees 2.2x gains …
Peter Schiff Lays Into Grayscale and CNBC, Claims Conspiracy to Pump BTC Value
Euro Pacific Capital CEO Peter Schiff is now training his guns on Grayscale Trust’s GBTC after the seeming validation of his regular anti-bitcoin rhetoric was cut short by a resurgent crypto market.
Bitcoin price action looks very similar to 2016: small correction ahead before a face-melting rally
The current price action looks very similar to previous Bitcoin rallies. On December 1, Bitcoin attempted to crack the previous all-time high but only managed to do so on a few exchanges. The current …
Blockchain Bites: Record-Breaking ‘Active’ Bitcoin Users as Wall Street Ponders Mass Adoption
Hi all, thought we’d try something different in today’s edition of Blockchain Bites. Yesterday and today saw a flurry of news that seemed disparate and unconnected but may actually tell a bigger story …
8 Stocks To Play Bitcoin’s Resurgence
The price of Bitcoin is up over 150% in 2020 and the cryptocurrency has seen a resurgence in popularity, discussion and price. Investors seeking exposure to Bitcoin …
Bitcoin Price Prediction: BTC/USD Reclaims $19,000; Any Hope for the Bulls?
The price of Bitcoin rebounds above $19,000, despite the pressure from the sellers. As reveals by the daily chart, BTC/USD is leading the pack after regaining ground above $19,000. The cryptocurrency …
Bitcoin Sees Record Number of Active Users as Price Almost Hits $20K
As bitcoin continues to set new price highs, its network is also seeing record-breaking user activity. As of Tuesday, there were 432,451 “active entities” – wallet clusters controlled by a single …
There’s No Real Way to Value Bitcoin. But Price Targets are Pouring In.
The cryptocurrency is worth more because people think it’s worth more. Even discussing price targets numbers can egg on investors.
Why one analyst says Bitcoin ‘is on the cusp’ of busting through $20K
The market sentiment around Bitcoin ( BTC) is mixed as BTC price dropped almost immediately by 10% right after hitting its previous all-time high at $19,892 on Dec. 1. Nevertheless, some analysts and …