Bitcoin (BTC)

When bitcoin and cryptocurrencies were first created, they were made to potentially replace fiat. The fact is that the Great Recession – which is when bitcoin was first introduced to the world – brought a lot of people’s confidence in standard money and institutions down, and cryptocurrency could have possibly served as the answer they were looking for. However, according to James Bullard – the St. Louis Federal Reserve president – the idea of crypto replacing standard fiat is never going to...

This is one of the most monumental weeks in Bitcoin’s history. Today, February 19th, 2021, for the first time ever, the cryptocurrency’s market capitalization surpassed $1 trillion. That’s right! Bitcoin became a trillion-dollar asset!This became possible after a dynamic week of trading where BTC’s price surpassed $50K for the first time in history. Just today, it also charted a new all-time high of $54,924 on Bitstamp – inches away from $55K. Nevertheless, this marks a staggering growth in...

Le bitcoin, qui vient de dépasser les 1000 milliards de dollars de capitalisation, a battu aujourd’hui un nouveau record : 45 200 € (55 800 $). Il s’affiche actuellement autour de 45 000 euros (54 600 dollars) sur les principales plateformes d’échange. + 4,5 % en 24 heures ;+ 15 % en une semaine ;+ 54 % en un mois ;+ 1241 % en deux ans. Evolution du cours à l’échelle logarithmique (en...

It’s safe to say that the past 7 days were particularly intense on the cryptocurrency market. The cryptocurrency that expanded the most out of the large-caps is Binance Coin (BNB) as it surged by a whopping 150% in a week.BitcoinBitcoin is up by a strong 14.8% this week as the cryptocurrency continues to set new ATH prices today. Last week, it was battling with the resistance at $48,570, provided by a 1.414 Fib extension level.This level was only penetrated on Tuesday, which allowed Bitcoin...

Bitcoin is up by 2.2% today as the coin increased by $2,300 from today’s low of $50,627 to set a new ATH price at $52,943.Overall, the cryptocurrency has managed to surge by 10% over the past week after breaching the $50,000 level on Wednesday to reach the resistance level at $52,365 (short-term 1.414 Fib extension). BTC has been battling with this resistance over the past 48 hours as it has been unable to close a daily candle above it so far. It will be interesting to see if Bitcoin can make...

Gene Simmons, the legendary KISS bassist, has made another dip into cryptocurrencies. The famous musician has expressed his belief in Cardano, presuming 2021 would be “the most productive year” for the altcoin.Believing in the Future of CardanoRock star Gene Klein, aka Gene Simmons, has appeared in online social media with yet another pro-cryptocurrency commentary. This time KISS’s legendary bass guitarist has expressed his opinion on Cardano and its native digital coin ADA.In his recent...

Michael Saylor, the CEO of MicroStrategy, is one of those who believes Tesla’s bet on Bitcoin can have a tremendous ripple effect.Elon Musk, the billionaire Chief Executive Officer of the electric automaker Tesla Inc (NASDAQ: TSLA), has defended the firm’s latest Bitcoin (BTC) move while declaring he has little influence over it. Earlier this month, the company declared it has purchased as much as $1.5 billion worth of the digital currency, a move that took the crypto space by...

After months of complete silence from one of the biggest proponents of cryptocurrencies and arguably one of the most influential people in the industry, Arthur Hayes is back.The former CEO of BitMEX shared his thoughts on some pressing and trending matters – the state of the “crypto capital markets” following the fiasco with GameStop and everything that happened in relation.The Game Didn’t Change – You Just Didn’t Know the RulesFollowing the case against BitMEX, spearheaded by the United...

JPMorgan Chase & Co strategists have warned that BTC’s price could be in bubble territory as it’s significantly higher than their estimated fair value. Furthermore, the analysts believe that bitcoin, and other cryptocurrencies, have failed to serve as a hedge to equities.JPM’s Swinging BTC OpinionAfter being somewhat positive on BTC for months, claiming that the asset has taken some of gold’s market share because of the skyrocketing demand, JPM has changed its tune on the...

Bitcoin cash price rallied sharply above $550 and $650 against the US Dollar.The price traded as high as $774 and settled well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with support near $688 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either correct lower below $680 or it might a fresh rally above $720.Bitcoin cash price is consolidating gains after a strong rally to $774 against the US Dollar, similar to...