Bitcoin (BTC)

Anthony Scaramucci, the founder of the global investment firm SkyBridge Capital that recently launched a Bitcoin fund, envisions massive gains for the cryptocurrency. Furthermore, the former investment banker at Goldman Sachs said that BTC is “better at being gold than gold is.”Bitcoin Is The Better GoldApart from founding his own investment company and working in the financial sector, Scaramucci also served as the White House Director of Communications briefly in 2017.More recently, he has...

According to the BTC MVRV-Z score, a metric that has a strong relation with the asset’s price, the cryptocurrency has increased to its highest level in about three years. However, the last time the MVRV-Z reached a similar position, bitcoin exploded by 10x in the next six months.BTC MVRV-Z score Suggests Further Increases?The analytics firm Glassnode describes the MVRV-Z score as a metric that compares market value and realized value to assess when an asset is overvalued or...

Riot Blockchain reported that the mining revenue had increased by 21% to $6.7 million for the first nine months of 2020.Riot Blockchain Inc (NASDAQ: RIOT) stock soared approximately 11.71% on Tuesday to close the day trading at $18.41. Meanwhile, they had obliterated part of the gains during Wednesday’s pre-market as they were trading around $18.16, down approximately 1.36%.Riot Blockchain stock experienced an astronomical rally last year, whereby they are up approximately 1135.57% in the...

Tron price spiked above $0.3100, but it failed to accelerate higher against the US Dollar.TRX price is now trading above the $0.0280 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0310 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase towards $0.3100 or it might decline to $0.0250.TRON price is showing positive signs above $0.0280 and $0.0265 against the US Dollar, while bitcoin is...

As bitcoin jumped to a fresh all-time high of nearly $36,000 earlier today, most alternative coins have followed suit. Consequently, the total market cap has reached another ATH and has neared $1 trillion, while BTC’s dominance eyes 70% once again.Exploding Alts Lead To ATH In The Market CapJust a few days ago, the cryptocurrency market plummeted in value with massive double-digit price drops from most alternative coins. However, the situation has changed completely 48 hours later.Ethereum...

Bitcoin price remained in a strong uptrend above $28,000 and $30,000 against the US Dollar.The price is now trading well above $34,000 and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $31,300 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $35,500 and $38,800 resistance levels.Bitcoin price is currently gaining momentum above $34,000 against the US Dollar. BTC...

Le bitcoin a battu ce matin un nouveau record avec un pic à 29 000 euros (35 800 USD). Il s’affiche actuellement autour de 28 700 euros (35 400 USD) sur les principales plateformes d’échange. + 14 % en 24 heures ;+ 25 % en une semaine ;+ 82 % en un mois ;+ 708 % en deux ans.

The price of bitcoin has been shooting up over these past few months. At press time, the currency is trading for well over $30,000, though it has fallen about $2,000 from its recent all-time high of about $33,000, and for analysts of JPMorgan, this is probably good news.JPMorgan: A Six-Figure Price for Bitcoin Would Be Hard to HandleThe financial company has recently produced a report suggesting that if bitcoin were to strike six-figure territory, this wouldn’t be a good thing. Doesn’t that...

Bitcoin witnessed a solid 8% price spike today, including a $2000 rally over the past few hours alone. While today’s low lies below $30K, the current high reached $34,300 (according to Bitstamp). Incredible.As can be seen on the 1-hour chart below, once Bitcoin breached the marked descending trend-line, the missile had launched. One 4-hour greenish candle spiked BTC from $32K straight to $34.3.The total crypto market cap surpassed $900 billion, the market is closing down on $1 trillion for...

Bitcoin has been jumping like mad as of late. Despite a recent dip, the currency reached a new all-time high during the beginning of the week that saw the asset trading for well over $33,000. In addition, blockchain is reaching record levels when it comes to industry adoption, and according to Vitalik Buterin – the legendary co-founder of Ethereum, the second-largest cryptocurrency in the world and the primary competitor to BTC – the case for blockchain is “underrated,” and likely to go even...