There are two key factors that may affect a short-time bull case for Bitcoin. The factors are institutional accumulation and other altcoins profits cycling into BTC.The price of Bitcoin reached a new all-time high of $25,005.53 as the world celebrates Christmas. At press time, Bitcoin has pulled in more gains, up 3.59% to $24,837.57. Since the mid-march lows, the value of Bitcoin had grown by nearly five times and currently has increased by over 240% since the year began.Recently, Bitcoin has...
Read More »Bitcoin Sets New ATH Above $25,000: Bitcoin Dominance Eyes 70% (Market Watch)
Bitcoin’s Christmas continued with a bullish performance as the cryptocurrency has marked another all-time high – this time breaking above $25,000. Most altcoins have also added value, including Litecoin – a 15% surge for LTC has taken it to a new yearly high of about $130.Bitcoin Paints A Fresh ATH Above $25KAfter dumping to $22,700 on December 21st, just five days ago, BTC’s price performance has been quite impressive: The asset overcame $23K and $24K in the following days and, despite high...
Read More »Elon Musk Bashes BTC, but Still Has Apparent Love for Dogecoin
Elon Musk is at it again when it comes to crypto, and as time goes by, it’s getting harder and harder to take the SpaceX and Tesla CEO seriously. He can’t seem to get a grasp on his comments, and many digital analysts and traders, at this stage, are likely thinking the same thing: make up your mind!Elon Musk Suddenly Doesn’t Care for BTCOne minute, Musk is acting like crypto is the greatest invention known to man. The next minute, he’s saying that it all smells foul and that people should...
Read More »Move Over, USA; Nigeria Is Becoming the Biggest BTC Haven
No doubt that the United States is a leading territory when it comes to the cryptocurrency revolution. The region boasts some of the biggest cryptocurrency exchanges in the world like Kraken and Coinbase, and the good old USA has done wonders when it comes to attracting new traders to the digital currency space, but it looks like the nation may soon lose its position due to growing activity in Nigeria.Nigeria Is a Major Bitcoin HubBitcoin has really experienced a surge in popularity within...
Read More »Opinion: There Is No “Biden and Bitcoin.” Not Yet.
For some, the United States presidential election is over. A winner – Joe Biden – has allegedly been declared, and many financial analysts are confident that this new successor to the White House is going to do wonders for bitcoin and really put the cryptocurrency space on the map, but it’s possible these individuals are jumping the gun.Bitcoin Isn’t Quite on the Political Map YetBefore we go on, we need to get one thing straight… Biden is not the official winner of anything yet. The fact is...
Read More »Crypto Price Analysis & Overview December 25th: Bitcoin, Ethereum, Ripple, Binance Coin & Chainlink
BitcoinBitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple).The buyers struggled to break this resistance over the last few days as it went on to trade sideways between $23,853 and the support at $22,708 (.236 Fib Retracement).Bitcoin rebounded from the lower...
Read More »Le bitcoin à 20 000 € – Joyeux Noël à tous !
Après avoir franchi, il y a une semaine, le seuil symbolique des 20 000 dollars, le bitcoin a dépassé pour la première fois les 20 000 euros (soit 24 400 USD) sur les principales plateformes d’échange. + 5 % en 24 heures ;+ 8 % en une semaine ;+ 24 % en un mois ;+ 238 % en un an. Evolution du cours du bitcoin (en dollars) à l’échelle logarithmique : Zoomer : cliquer-glisser -...
Read More »Top 5 Cryptocurrencies Used in Online Casinos
In 2020, almost everyone knows what Bitcoin is. Thanks to its meteoric rise on exchanges in 2018, millions of people learned about it in the news. However, despite being widely recognized, it’s still far from becoming an essential part of the financial ecosystem, let alone being a leading payment method.There are a couple of reasons for this. First off, cryptocurrency in general is not the most straightforward system to use. To a person who just heard about some mysterious altcoins in the...
Read More »Bitcoin Just Recorded Another All-Time High: Is $25K Incoming? (BTC Price Analysis)
As the world is celebrating Christmas, the primary cryptocurrency has its own private celebration.Two days ago, following Ripple’s SEC lawsuit, it seemed like Bitcoin would rather be testing its prior resistance turned support at $20K before continuing higher. Yesterday’s low was $22,700.However, Bitcoin has its own plans. The BTC price had increased $2,000 over the past two days, surpassing the previous all-time high from last Sunday set at $24,370 (Bitstamp). As of writing these lines,...
Read More »Max Keiser: SEC Will Target Other ‘Garbage’ Altcoins After Ripple
The charges pressed by the US Securities and Exchange Commission against Ripple have started an adverse snowball effect on the company and its native token. With the XRP value plummeting in the past few days and some exchanges delisting the asset, Max Keiser asserted that Ripple is the first of many to fall and the SEC’s actions will ultimately benefit bitcoin.XRP And Other ‘Garbage’ Coins Will Be DestroyedEarlier this week, the SEC pressed formal charges against Ripple, alleging the payment...
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