Bitcoin (BTC)

The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...

Jack Dorsey, the CEO of both Square and Twitter, isn’t a fan of any incoming cryptocurrency regulations.Jack Dorsey Isn’t in Favor of New Crypto RulesThis makes sense considering Square, one of his firms, recently purchased roughly $50 million in bitcoin a few months ago to become one of the first institutional enterprises to openly support bitcoin and hold such a large stake in it. It’s likely that Dorsey doesn’t want to take a hit for this purchase.However, in an open-word letter to the...

Bitcoin is back where it was. In other words, it’s close to again reaching the all-time high it attained earlier in the year. After yesterday’s drop to about $31,000, the world’s number one digital currency by market cap has suddenly added another $2,000 to its price and is now trading for around $33,000 again.Bitcoin Just Keeps Growing…But here’s even bigger news. The currency’s market cap has now surpassed $600 billion. Following a ten percent gain in the past couple of days, the asset is...

US investor, fund manager, and philanthropist Bill Miller believes that the global economic situation could drive large corporations to allocate more funds into bitcoin. The former Chairman and CIO of Legg Mason Capital Management said that the BTC adoption curve is very yearly, although the asset’s market cap has surpassed some prominent names.Rat Poison But For Cash; Miller SaysThe 71-year-old investor is among the most well-recognized and respected hedge fund managers, known for managing a...

Le professeur Jean-Jacques Quisquater, cité par Satoshi Nakamoto dans le white paper de Bitcoin, et Jérémie Dubois-Lacoste, spécialiste des cryptomonnaies, étaient ce matin les invités de Véronique Thyberghien dans l’émission Tendances Première. « En moins de 72 heures, le bitcoin a enchaîné une hausse de 20% qui l’a porté dimanche à son plus haut niveau historique, à 34.792 dollars. Une première...

Anthony Scaramucci, the founder of the global investment firm SkyBridge Capital that recently launched a Bitcoin fund, envisions massive gains for the cryptocurrency. Furthermore, the former investment banker at Goldman Sachs said that BTC is “better at being gold than gold is.”Bitcoin Is The Better GoldApart from founding his own investment company and working in the financial sector, Scaramucci also served as the White House Director of Communications briefly in 2017.More recently, he has...

According to the BTC MVRV-Z score, a metric that has a strong relation with the asset’s price, the cryptocurrency has increased to its highest level in about three years. However, the last time the MVRV-Z reached a similar position, bitcoin exploded by 10x in the next six months.BTC MVRV-Z score Suggests Further Increases?The analytics firm Glassnode describes the MVRV-Z score as a metric that compares market value and realized value to assess when an asset is overvalued or...

Riot Blockchain reported that the mining revenue had increased by 21% to $6.7 million for the first nine months of 2020.Riot Blockchain Inc (NASDAQ: RIOT) stock soared approximately 11.71% on Tuesday to close the day trading at $18.41. Meanwhile, they had obliterated part of the gains during Wednesday’s pre-market as they were trading around $18.16, down approximately 1.36%.Riot Blockchain stock experienced an astronomical rally last year, whereby they are up approximately 1135.57% in the...

Tron price spiked above $0.3100, but it failed to accelerate higher against the US Dollar.TRX price is now trading above the $0.0280 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0310 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase towards $0.3100 or it might decline to $0.0250.TRON price is showing positive signs above $0.0280 and $0.0265 against the US Dollar, while bitcoin is...

As bitcoin jumped to a fresh all-time high of nearly $36,000 earlier today, most alternative coins have followed suit. Consequently, the total market cap has reached another ATH and has neared $1 trillion, while BTC’s dominance eyes 70% once again.Exploding Alts Lead To ATH In The Market CapJust a few days ago, the cryptocurrency market plummeted in value with massive double-digit price drops from most alternative coins. However, the situation has changed completely 48 hours later.Ethereum...