Bitcoin (BTC)

Guggenheim CIO noted that the recent spikes to the levels above $40,000 are, however, fueled by short-term speculations.Scott Minerd, the Chief Investment Officer (CIO) of Guggenheim Partners, a global investment and advisory financial services firm has given a new bullish projection for Bitcoin (BTC). As reported by Coindesk, Minerd is projecting a $600,000 price target for Bitcoin in the long-term but noted that the premier digital currency has not seen enough institutional funds to support...

The Binance Pay, according to the report currently supports five currencies which are Binance Coin (BNB), Bitcoin (BTC), Ethereum (ETH), Binance USD (BUSD), and SXP.Binance, the biggest cryptocurrency exchange in the world by volume has once again added another project to its portfolio to cement its ambition of going beyond the buying and selling of cryptos like any other platform. The company has announced the release of the Beta version of Binance Pay, a project that is said to rival PayPal...

Guggenheim Partners’ CIO Scott Minerd sees the cryptocurrency industry as a growing and valuable part of the global economy. He doubled-down on his long-term bullish BTC prediction but said that investors need to be wary of the speculative price increase from October 2020 to early January 2021.Minerd On BTC’s Price DevelopmentsThe executive at the Wall Street behemoth has been openly discussing BTC’s price movements and making projections ever since Guggenheim filed documents with the SEC to...

OKEx notes that the new Lightning Integration will help to significantly reduce average transaction costs and improve transaction times while improving the user experience on the platform.On Tuesday, February 3, crypto spot and derivatives exchange OKEx announced the integration of the Bitcoin Lightning Network with execution by the second quarter of 2021. As we know, the Lightning Network is an off-chain second-layer scalability solution for the Bitcoin blockchain.This integration will OKEx...

Tron price is holding the key $0.0324 and $0.0310 support levels against the US Dollar.TRX price is now facing hurdles near $0.0350, but it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0330 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0350 resistance zone in the near term.TRON price is showing signs of a fresh break above $0.0350 against the US Dollar, while...

Although bitcoin has already existed for over a decade and grown to be one of the largest assets by market capitalization, new data reaffirms the narrative that it’s still early in its adoption phase. However, it expands fast as the number of users on the BTC network 12 years after its launch coincides with what the Internet used to be… in 1997.Bitcoin Vs. The Internet: Userbase EditionThe vast global network that connects computers worldwide, known as the Internet, is among the most notable...

Bitcoin price is slowly rising and it is trading above the $34,000 and $35,000 resistance levels against the US Dollar.The price is now just above the $36,000 level and well above the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $37,000 as long as there is no break below the $34,650 support.Bitcoin price is showing a few bullish...

The billionaire investor, Shark Tank personality, and Dallas Mavericks NBA team owner, Mark Cuban; took a few hours to share his knowledge in an AMA with members of the r/WallStreetBets subreddit. He touched on several topics, mostly relating to the collapse of the stock pumping movement and the blockchain industry’s potential.Mark Cuban may have several decades of Wall Street experience, but judging him for what he said on the AMA, he is currently standing on the side of the retail traders....

Coinbase – one of the largest cryptocurrency exchanges in the United States – can’t seem to handle it whenever there’s a major crypto rally. The exchange always seems to undergo technical problems and sometimes even experiences temporary shutdowns. As traders witnessed late last week, the recent bitcoin surge was no exception.Coinbase Loses Power… AgainCoinbase put out a message early Friday morning announcing that the company was experiencing technical problems that forced executives to...

Der Ethereum-Preis erreicht zum ersten Mal die Marke von 1'500 US-Dollar. Der Ethereum-Preis erreicht zum ersten Mal die Marke von 1’500 US-Dollar. Wenige Woche nachdem der Bitcoin-Preis ein neues Allzeithoch erreichte, zieht Ethereum also nach. Die Gründe dafür sind sicher, dass der Wechsel auf Ethereum 2.0 zu klappen scheint. Zudem ist die Ethereum Community nicht mehr so gespalten, wie noch vor einem Jahr. Nicht dass da Einigkeit...