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.
BTC hash rate slumps amid seasonal miner migration in China
The end of Sichuan’s wet season appears to have already triggered a drop in global hashrate of at least 20 EX/s …
The biggest bank in America said Bitcoin’s price will rise over 3x
After calling Bitcoin a fraud back in 2017, it seems that JP Morgan, America’s biggest bank, has considerably softened their stance towards the premier cryptocurrency. Currently, they believe that …
Blockchain Bites: DeFi’s Harvest Hit, IRS’ Crypto Clarification, JPMorgan’s Buoyant Bitcoin Note
A popular DeFi application appears to have been attacked. JPMorgan analysts see “considerable” upsides to bitcoin. The U.S. Internal Revenue Service has clarified that simply holding cryptocurrencies …
Disruptive Blockchain Startups to Watch Out for in 2020
This year has become very important and memorable for the entire blockchain industry. Although, thanks to the many upheavals and incidents, 2020 will be remembered for a long time by everyone. But it …
How Bitcoin Mixers Help Protect Privacy
Bitcoin mixers are services that mix BTC from different sources to obscure their transaction history. Using these services, Bitcoiners can protect their privacy and keep prying eyes from assessing the …
Number of Bitcoin ‘Whale’ Addresses at Highest Since Fall 2016
The number of bitcoin “whales” – large investors with an ability to influence market trends – has jumped to four-year highs alongside the recent price rally. As of Sunday, the population of whale …
Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline
Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred …
Bitcoin Price Analysis: BTC poised for small correction before a major run to $15,000
Bitcoin is ready for a technical correction before another upside wave. IOMP data implies that the upside is the path of least resistance for BTC. Bitcoin (BTC) has settled above $13,000; however, …
Scary Bitcoin volatility? $750M in BTC options set to expire for Halloween
The upcoming Bitcoin expiration, which would occur on the last Friday of the month, coincides with other important dates …
Bitcoin’s Richest Are Selling, So Why Is The Price Surging?
Despite the heightened number of sellers in the Bitcoin market, particularly among whales, the dominant cryptocurrency has continuously rallied.