Bitcoin (BTC)

Gestern kam es zwischenzeitlich zu einem Selloff, der fast ein Drittel des Höchststandes pulverisierte. Und schnell meldeten sich die Kritiker des BTC, um vom Platzen der Blase zu sprechen. Doch wieder einmal ging Bitcoin gestärkt aus einem großen Selloff hervor. Bitcoin News: Bitcoin verliert 29 Prozent seines WertesAnalysten sehen den gestärkten US-Dollar als Ursache des Absturzes. Das eigentlich bereits beschlossene Stimuluspaket in den USA lässt weiter auf sich warten, so dass der...

Bakkt projects an all-round growth with a 75% surge in revenue by 2025. This means the value will be around $515 billion with a cash-flow positive expected to take effect in 2023. On January 8, 2021, Bitcoin staged an unprecedented bull run to trade around $41,941 dominating the cryptocurrency market that was enjoying a record market cap of $1.1 trillion. The high addition of gains within a very short time coupled with the trillion market cap got some investors worried over what they claimed...

This past year has been a huge test for financial platforms.The first two quarters crashed the markets, as “coronavirus” and “lockdown” became the defining terms around the world. The reaction of financial assets was entirely predictable: oil plummeted to historic lows, including going negative on some exchanges, the dollar strengthened significantly relative to every other currency, and by the close of the first quarter some analysts were already predicting Bitcoin’s downfall. Nevertheless,...

ADA price rallied towards the $0.3500 level before correcting lower against the US Dollar.The price is now facing hurdles near $0.3000, but trading above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2200 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher once it clears the $0.3000 resistance zone in the near term.Cardano price is recovering losses from the $0.2200 support zone against the US Dollar,...

The cryptocurrency trading volumes on PayPal have skyrocketed to a new all-time high yesterday, shattering the previous record. Having also in mind the growing Google searches for bitcoin, Ethereum, and other digital assets, the question remains if retail investors have finally arrived.PayPal Crypto Trading Volume ATHEver since the world’s largest online payment processor announced last year that it will enable cryptocurrency trading on its platform, the community wondered how long it will...

After the severe crash that drove BTC to about $30,000, the cryptocurrency has recovered some losses and reclaimed $36,000. Most alternative coins have also bounced off yesterday’s lows as the market cap looks to reconquer the $1 trillion level.Bitcoin Back Above $36KFollowing the highly positive first ten days of the new year, BTC headed for its worst 24-hour correction since the mid-March 2020 liquidity crisis.The primary cryptocurrency sat near its all-time high of $42,000 before the bears...

It’s quite easy to get caught up in the bitcoin hype. After all, the currency is the face of the digital asset market and presently serves as the largest cryptocurrency by market cap. With its recent jump to roughly $40,000 per unit and the establishment of a new all-time high, it’s hard not to keep our focus and attention on it, but we can’t turn our backs on Ethereum or any of the world’s other high-ranking digital assets, many of which are putting bitcoin’s sudden surges to shame.Ethereum...

Although the price of bitcoin has crashed in the past 24 hours with double-digit percetages, the network’s fundamentals remain strong. Recent data indicated that BTC’s mining difficulty and the hash rate had reached new all-time highs.BTC Mining Difficulty And Hash Rate ATHsThe mining difficulty on the BTC network goes through an automatic adjustment every 2,016 blocks (or roughly two weeks). Depending on the number of active miners putting their computational power to work on the blockchain,...

As we’ve seen before, it doesn’t matter how well bitcoin does or how strong it’s price becomes. There could be a dozen major rallies and there will still be doubters out there. Proof of that exists in Wall Street trader Michael Hartnett, who in a recent interview, referred to bitcoin as the “mother of all bubbles.”Michael Hartnett: BTC is the “Mother of All Bubbles”As it stands, Hartnett doesn’t necessarily believe that the bitcoin price is going to fall. At least he never hinted at this...

The past couple of days have been very volatile for Bitcoin. Ultimately, though, the volatility played out in favor of the bears.The price lost almost $12,000 of its value and tumbled to an intraday low of around $30,260 on Bitstamp. In fact, the past 6 out 9 four-hour candles are all painted in red. This is a decrease of about 27%.BTC/USD. Source: TradingViewAll of this happened a couple of days after Bitcoin painted a fresh all-time high of around $42,000 on Friday, and it’s worth looking...