Bitcoin’s hashrate is soaring. Ethereum incubator ConsenSys has signed on to another CBDC pilot. JPMorgan unveiled a revamped interbank transfer blockchain network that could challenge SWIFT. Bitcoin …
Decoupling? Not so fast – Bitcoin sells off alongside stocks
“Decoupling” was the word across the crypto markets earlier this month as Bitcoin (BTC-USD) managed big gains even as equity markets stalled and/or sold off. That hadn’t been the case for much of …
Bitcoin bull cycle gaining steam: Whale cluster at $13K is now a support zone
According to on-chain data from the analysts at Whalemap, $13,000 has become a support level for the price of Bitcoin (BTC). Whale clusters indicate that whales — or large BTC holders — are …
Bitcoin And PayPal Have Made Headlines, But What About Other Crypto Trends?
Not only specific to bitcoin, these potential effects and developments have … the pace of regulatory clarity and updates related to blockchain and cryptoassets continues virtually unabated.
Bit Digital Bitcoin Mining Company Releases the First Half 2020 Financial Results Announcing Over $10 Million Worth of Bitcoins Earned
PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT), the Nasdaq listed Bitcoin mining company headquartered in New York, released the first half 2020 …
Bitcoin bull cycle gains steam: Whale cluster at $13K is now a support zone
Data from Whalemap shows $13,000 is turning into a BTC whale support as the price of Bitcoin hovers above $13,600. According to on-chain data from the analysts at Whalemap, $13,000 has become a …
Bitcoin tops $14,000, Ethereum floats above $400
At that time, the spike in Bitcoin began, and Ethereum promptly followed it. At the open of the 13th hourly candle, the pair rose above $406. Then a less prominent ascend followed, taking the pair to …
The $750 Million Pre-Halloween Bitcoin Options Expiry Has Started to Spook Traders
A number of crypto analysts are focused on the bitcoin and ethereum options expiries set to end before Halloween.
Raoul Pal: Gold Investors “Will Flip To BTC” As Bitcoin Blasts Past $13.8k
The price of Bitcoin (BTC) is up 33% month-to-date, as it climbed from $10,374 to $13,859. Following the strong performance of the dominant cryptocurrency, Raoul Pal says gold investors may soon flip …
Bitcoin Nears 2018 Post-Bubble Highs As Mainstream Adoption Drives Rally
Bitcoin’s (BTC) upward march continues unabated as the apex cryptocurrency gained 5.13% in a 24-hour period Tuesday — taking its market capitalization to $255 billion. What Happened: At press time, …
Market Wrap: Bitcoin Jumps to $13.7K, Nearing 2019’s High; Ether Volatility Reverses Course
Bitcoin made gains Tuesday toward its 2019 high while ether’s volatility rose after an October in decline. Bitcoin (BTC) trading around $13,668 as of 20:00 UTC (4 p.m. ET). Gaining 5% over the …
Bitcoin: Strong Performance
Since our last bitcoin analysis on September 17th, the price of Bitcoin (BTC-USD) and of the Grayscale Bitcoin Trust (GBTC) had initially fallen back to USD 10,150. In retrospect, this has already …
Bitcoin Price Prediction: BTC/USD Resumes Rally; Price Breaks Above $13,400 Resistance Level
BTC/USD trades above $13,400 for the first time this year. Yesterday, the Bitcoin price dropped massively to levels close to $12,700. However, today’s recovery had been lethargic in the last few weeks …
If Bitcoin Passes $14K, Analysts Say Traders ‘Should Look to $20,000’ Instead of Looking Back
On October 26, the cryptocurrency market analyst, David Derhy, says to look to $20,000 instead of back at $12,000.
Blockchain Bites: JPM Coin Goes Live, Bitcoin Rallies, Stocks Falter
Southeast Asia’s largest bank by assets, DBS, is eyeing a digital assets exchange. And bitcoin’s recent rise shows a decoupling from traditional markets, like the S&P 500. JPM Coin, the …
Surging bitcoin nears its highest level in almost 3 years, and is set to test a key technical level that could spur a move toward $20,000
Shortly after Square’s announcement, PayPal said it would enable its account holders the ability to buy, sell, and transfer bitcoin, lending credibility to the crypto asset. Institutional investors …
Blockchain stocks rising as Bitcoin continues climb
As Bitcoin (BTC-USD, +4.5%) hits new multiyear highs, crossing above $13.6K intraday, crypto plays are joining the rally. Overstock (OSTK, +2%) is also higher. Overstock shares are facing some …
More Than Half of US Investors Interested in Bitcoin, Grayscale Survey Finds
The total number of bitcoin investors in the U.S. also rose to 32 million, up 11 million from the previous year’s 21 million. Almost half of respondents said they believe digital currencies would …
Will this time be different as Bitcoin recaptures 2019 highs?
Bitcoin (BTC) broke above the local resistance created by $13,250 and hit a new high of 2020 at $13,490. The pioneer digital asset is poised for further growth as the upside momentum gains traction …
Bitcoin Moves Closer To Mass Adoption With PayPal Addition
Summary PayPal to accept payment in cryptocurrencies. Data and news suggest Bitcoin is a maturing asset. Cryptocurrencies may be in the “first inning”. Risks to the bullish thesis are largely from …
Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High
Glassnode data shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters.