Bitcoin (BTC)

This week was wild for Bitcoin. Starting at around $13,500, the cryptocurrency went on to shatter the high set back in 2019 and surge to as much as $16,000 just today. It’s interesting to note that this happens despite the fact that retail investors are yet nowhere to be found, according to data. It appears that the current rally is driven mostly by institutions. All of this takes place while the 2020 US Presidential Elections are still ongoing. Of course, Bitcoin’s path is...

Nearly $1 billion in crypto funds that have ties to the Silk Road dark web are being transferred to other wallet addresses.The Shakers Behind Silk RoadAs we all remember, Silk Road was a dark online market allegedly founded by Ross Ulbricht, who is presently serving a life sentence for his role in the creation of the platform. The website was available to anyone looking to purchase drugs, guns or other contraband with bitcoin. The government shut the company down about seven years ago.But if...

Le Département de la Justice des États-Unis annoncé hier une saisie (réalisée mardi) de 69 369 bitcoins (soit un montant qui dépasse le milliard de dollars) qui dormaient depuis des années dans le portefeuille d’un pirate. L’individu avait réussi à soutirer ce trésor à la plateforme Silk Road entre mai 2012 et avril 2013, soit quelques mois avant la fermeture du site en octobre 2013. « Mardi...

Un prix incroyable ! Et non, ce titre racoleur ne va pas me conduire, en ce 5 novembre, à ne parler que de Bitcoin ! Je veux parler d’une pièce d’or vieille de plus de 2000 ans et dont le prix a atteint 2.700.000 £ pour 8 grammes d’or. Une pièce d’or assez étonnante, tant par son extrême rareté que par son motif : la célébration de l’un des plus célèbres assassinats politiques de tous les...

Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the election started in the US, BTC started to surge. Initially, it found resistance at $14,190 but this was penetrated yesterday as Bitcoin surged all...

The major reason why the economy took a down-plunge was as a result of the COVID-19 pandemic, the move to stock up on Bitcoin as a hedge against the imminent economic crash now seems to be a smart step.Bitcoin advocate Tyler Winklevoss has weighed in on the speech of the Federal Reserve Chairman Jerome Powell in which he called for more stimulus to be finalized by US lawmakers in order to aid the ongoing economic recovery.'The current economic downturn is the most severe in our lifetime. It...

Bitcoin has been surging in the past few weeks to consecutive yearly highs. Speculations emerged within the community if or when BTC will even surpass its 2017 ATH of nearly $20,000. At the same time, though, most alternative coins seemed to be dragging behind their leader. Bitcoin’s dominance highlights this – a metric that surged by nearly 7% in less than a month. As such, it would be compelling to follow how altcoins have performed in relation to Bitcoin before, during,...

On an overall scale, the third quarter’s total company revenue amounted to $3.03 billion, up from $1.27 billion in the third quarter of the previous year.On Thursday at the market close, Square Inc (NYSE: SQ) published in its Q3 investor letter that during the third quarter of 2020, it has realized a Bitcoin revenue of $1.63 billion. This means that the revenue had surged approximately 11x from last year’s third quarter. The App has also seen an increase in Bitcoin transactions, which made it...

ETH/USD – Ethereum Rebounds At Trend Line Support Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Ethereum saw a strong 9.4% price surge today, which allowed the coin to break past resistance at $416 (bearish .618 Fib) and climb above $430 to reach the current $441 price. The coin is now testing resistance at 3-month highs around the $445 level – provided by a bearish .786 Fib Retracement. This latest surge is primarily driven by Bitcoin...

Tyler Winklevoss, the co-founder of the US-based cryptocurrency exchange Gemini, believes that the US stimulus packages are a “code for buy Bitcoin.” The former business partner of Facebook founder Mark Zuckerberg commented on a speech by the US Federal Reserve Chair Jerome Powell. Cameron and Tyler Winklevoss. Image Source: CNNIn it, Powell said that the “current economic downturn is the most severe in our lifetime, and it will take a while to get back to the levels of...