Bitcoin (BTC)

The number of holders with at least 1,000 BTC in their portfolios or crypto wallets has increased by 11% this month according to Glassnode.Glassnode has predicted an imminent Bitcoin bull run, highlighting HODling as a key component to that feat despite the cryptocurrency’s recent struggles. Bitcoin’s performance in last week’s trading session was nothing to write home about. The biggest cryptocurrency had a dreadful performance which saw its price drop from highs around $38,000 to levels...

Bitcoin outpaced other digital assets as it saw 97% of the total inflows, notwithstanding the fact that it dominates the Assets Under Management (AUM) by 83%.Bitcoin is building on its reputation as the world’s largest cryptocurrency by market capitalization as a new report has shown more impressive data about the coin. The report, a publication from crypto asset management firm CoinShares, dubbed the ‘Digital Assets Funds Flow Weekly’, revealed that the Bitcoin average daily trading volume...

Chamath Palihapitiya, the CEO and founder of Social Capital, will be running for the seat of the next Governor of California. He is a well-known Bitcoin bull and proponent who’s outlined on multiple occasions that BTC is an important part of everyone’s investment portfolio.Running for California GovernorChamath Palihapitiya confirmed today that he will run for the next Governor of the state of California.It’s on. #RecallGavinNewsom https://t.co/r8Cwd4szrn— Chamath Palihapitiya (@chamath)...

Another Black Monday: Bitcoin dropped by a steep 9% after failing to overcome resistance at $34K – $35. As of writing these lines, the drop recorded a daily low at $31,130 earlier this morning, according to Bitstamp.This doesn’t happen for the first time – the primary cryptocurrency found support, provided by a short-term rising trend line that dated back to late-December 2020. Since then, BTC had seen a rebound back to the $32K price area, where it is trading as of writing these lines.So far...

Der neue US-Präsident Joe Biden könnte die Bitcoin-Regulierung vorantreiben. Vor allem Vertreter der Zentralbanken, wie Jane Yellen, haben dies bereits mehrfach gefordert. Und wann immer die Forderung formuliert wird, heißt es: Bitcoin müsse reguliert werden, da der BTC für kriminelle Transaktionen genutzt wird. Bitcoin News: Nur etwa 0,34% aller Bitcoin stehen im Verdacht für kriminelle Transaktionen genutzt zu werdenEine Studie hat nun herausgefunden, dass im letzten Jahr gerade einmal...

Goldman Sachs’ senior chairman Lloyd Blankfein urged regulators to up their game in accordance with bitcoin’s recent success. Additionally, he admitted that BTC could work, but it needs to address several problems before receiving mass adoption as a medium of exchange or a store of value.BTC’s Challenges AheadAs the primary cryptocurrency added over $30,000 in value in several months to a new all-time high, it started to appear on mainstream media outlets again. Traditional financial names...

ADA price found support near $0.2780 and recovered above $0.3200 against the US Dollar.The price is now facing hurdles near $0.3500 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to start a fresh increase if it clears the key $0.3600 resistance zone.Cardano price is holding gains above $0.3200 against the US Dollar, while bitcoin is declining. ADA price is...

The Chicago-based company has increased its position to GBTC by about 24% from October to late December, according to a recent filing with the US Securities and Exchange Commission. The financial institution now owns 30,454 GBTC shares.Founded in 1908 in Chicago, Rothschild Investment Corporation is a registered financial brokerage, dealer, and a member of SIPC and FINRA. However, it’s worth noting that the company broke out from the Rothschild family dynasty more than four decades ago, after...

The current frenzy in the crypto sphere has instigated arguments surrounding bitcoin’s capacity to replace fiat currency, and notable individuals in the conventional banking sector have recently expressed their opinions on the subject.Central Bank executives Weigh in on the Future of CryptoAbout two weeks ago, the president of the European Central Bank, Christine Lagarde, called for the regulation of bitcoin, claiming that the digital asset is being used to facilitate money laundering...

China has always had the upper hand when it comes to bitcoin mining. The country hosts two of the largest distributors and builders of mining equipment in Bitmain and Canaan Creative. However, as of late there appears to be a national chip shortage, which means China may be losing its edge when it comes to extracting new crypto units.China Is Starting to Lose Its EdgeRight now, the prices of mining machines and related equipment have surged like there’s no tomorrow in China given how rare...