The past seven days were particularly tumultuous for the cryptocurrency market. The week leading up to Christmas saw massive volatility across the board, and this time, it wasn’t Bitcoin in the spotlight.Nevertheless, the primary cryptocurrency started the week by gaining about $1,500, but it was on Monday when things took a turn for the worse. BTC dropped by more than $2,000, reaching a dollar value of about $22,000. From there, however, it managed to rebound.Yesterday, bitcoin’s price...
Read More »6 Reasons For The Ongoing Bitcoin Bull-Run Beyond $20K
Bitcoin’s eye-popping run beyond the psychological $20,000 level has turned profits for almost everyone who invested in the cryptocurrency to date. Also, BTC has appreciated by more than 500 percent this year since the March lows. It is currently among the top investable assets across all financial markets. But what exactly fuelled bitcoin’s rally past the 2017 top? What’s the force behind BTC’s parabolic spurt this year?Death Of The Dollar (Not Yet But The Writing’s On The Wall)The 1D YTD...
Read More »Bitcoin Premiums Are Extremely High, Yet People Are Willing to Pay
Imagine that you come across a collectible you want. You’ve done the math, and you know it’s only worth a specific amount, yet the seller wants double or triple that price. Would you take it? Do you want this collectible enough? When it comes to bitcoin, people are allegedly so desperate to get their hands on the currency that they’re suddenly willing to pay just about anything to add it to their portfolios.Bitcoin Premiums Are Through the RoofBitcoin, the world’s number one cryptocurrency by...
Read More »Le bitcoin au-delà des 21 000 €
La bitcoin poursuit sa folle ascension. Après avoir dépassé les 25 000 dollars, il vient de franchir les 21 000 euros et s’affiche actuellement autour de 21 050 euros sur les principales plateformes d’échange. + 6 % en 24 heures ;+ 8 % en une semaine ;+ 50 % en un mois ;+ 519 % en deux ans. Des investisseurs institutionnels comme Skybridge Capital, MassMutual, et évidemment MicroStrategy sont...
Read More »Mt. Gox, la lente descente aux enfers d’un géant du bitcoin
« Mt. Gox, la première plateforme automatisée consacrée à l’achat et à la vente de bitcoins, a connu une croissance phénoménale entre 2010 et 2014. Elle a, tout au long de son existence, représenté l’essentiel du volume d’échange sur le marché. Néanmoins, cette croissance s’est accompagnée d’une lente descente aux enfers. Reprise par le français Mark Karpelès en 2011, la plateforme a subi une série...
Read More »Aussie Crypto Adoption Increases: Almost 20% of Australians Own Cryptocurrencies
A survey conducted by the Australian crypto exchange Independent Reserve shows that over 90% of locals have heard of at least one cryptocurrency. At the same time, nearly one in every five respondents said that they own a digital asset.Crypto Awareness Among AussiesThe Australian-based exchanged highlighted that its Independent Reserve Cryptocurrency Index (IRCI) survey has reached out to “everyday Australians and reflects the nation as a whole,” instead of focusing on digital asset users.The...
Read More »Bitcoin durchbricht nächste Schallmauer
Das Jahresende liefert uns noch einmal einen Bullenrun. Bitcoin eilt von einem neuen Allzeithoch zum nächsten. Nun wurde sogar die Marke von 25.000 US-Dollar durchbrochen. Die Ursache dürften Meldungen der Wallstreet sein, die von immer mehr Finanzunternehmen berichten, die in den BTC-Markt einsteigen. Bitcoin News: Bitcoin durchbricht nächste SchallmauerInzwischen können selbst Skeptiker Bitcoin nicht mehr ignorieren. Vor allem an der Wallstreet gab und gibt es diejenigen, die dem...
Read More »ETH Bulls Struggle at $630 As Bitcoin Continues to Dominate Altcoins (Ethereum Price Analysis)
ETH/USD – Ethereum Bullish Momentum Ready For Another Push HigherKey Support Levels: $600, $580, $556.Key Resistance Levels: $637, $650, $665.Ethereum found support at the .5 Fib Retracement around $580 on Wednesday, which allowed it to rebound and remain above a 2-month-old rising trend line. From there, ETH pushed higher to reach $630 yesterday.Today, ETH dropped marginally as it trades around $621. It will need to break above $637 for the bull run to restart.ETH/USD Daily Chart. Source:...
Read More »Bitcoin ATH on Christmas Caused by Retail Investors: Adam Back
With bitcoin’s price surging to a new all-time high on Christmas Day, the community has speculated on possible reasons. Co-founder and CEO of Blockstream, Adam Back, believes that retail investors have finally arrived and driven BTC higher this time, instead of institutions.Back: Retail Pushed BTC To A New ATHBitcoin has exploded in value in Q4 2020, resulting in breaking above $20,000 for the first time and charting consecutive all-time highs. The main narrative behind this impressive...
Read More »Canadian Fintech Company Plans to Buy Bitcoin Worth At Least $1.2 Million in 2021
The Canada-based financial technology company Mogo plans to make an initial corporate investment of over $1 million in bitcoin and increase the amount next year. The crypto-friendly fintech firm has joined the recent trend of sizeable corporations that allocate funds in BTC.Mogo To Allocate 1.5% Of Its Assets In BTCThe Vancouver-based fintech company announced its BTC-related plans earlier today. The statement reads that the firm intends to allocate 1.5% of its total assets as of the end of...
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