Bitcoin (BTC)

Ignoring all known rules of gravity, Bitcoin has taken for the skies, and it shows absolutely no signs of slowing down. This week the cryptocurrency is up by another 14% and is currently trading just about 6% below its all-time high of around $20,000 reached in December 2017.The week started off fairly calmly, and some were even thinking that there is a correction incoming. This wasn’t the case, as right after the weekend, BTC started moving… up. It breached its former high on Wednesday and...

BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...

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Bitcoin is trading for around $17,800 at the time of writing, though the world’s number one cryptocurrency by market cap had initially spent the early parts of this morning trading above the $18,000 mark, thus suggesting that the currency has the power to rise further.Could Bitcoin Beat Its Old Record?The asset is presently undergoing a slight correction, having lost a few hundred dollars and settling at a lower price, though to be fair, this has happened a few times with the currency....

Bitcoin price continues its parabolic intraweek rally with a surging breakout from the bullish pennant we discussed in yesterday’s analysis. Since the opening of the traditional markets on Monday, BTC has risen by an eye-watering 17%.With the leading crypto asset now holding at around $18,700, it’s only 5% shy from getting back to its all-time high set on December 17, 2017 – 1,069 days ago.Looking at the global crypto picture, a further $21 billion has entered the market in the last 16...

Masayoshi Son, the founder, and CEO of the giant Japanese multinational conglomerate SoftBank Group, has lost millions from buying Bitcoin high and selling it low. In a recent speech, he also admitted that he doesn’t understand how the cryptocurrency works, but he believes some digital asset will have a role in the future.SoftBank CEO’s Unsuccessful Bitcoin InvestmentThe 63-year old Japanese billionaire and philanthropist recently spoke about his regrets, especially financial misfortunes,...

Bitcoin has rallied approximately 124.3% in the past one year and is now up 17.4% and 12.3% in the past two weeks and seven days respectively.30-year-old American rapper Sir Robert Bryson Hall II alias Logic has joined a list of celebrities who have invested in the crypto market, particularly Bitcoin. Logic indicated that he had purchased $6 million worth of Bitcoins last month. The rapper revealed through an Instagram video that he shared yesterday. “My $6 million in Bitcoin last month. F***...

It’s an all-around green day in crypto land. Bitcoin price has surged beyond $18,000, closing the gap with its previous all-time high of $20,000. ETH just rocketed past $500 for the first time in two years.But apart from the usual cryptocurrencies, decentralized finance (DeFi) tokens are sitting on gains as a majority of them exploded in valuations over the past couple of days.Top 100 DeFi Coins Register Explosive Weekly GainsA bull market pulls every asset out of the bearish rut. The same is...

A series of significant price jumps have made Bitcoin dominance to escalate steadily over the last six weeks.Brad Garlinghouse reportedly revealed that during Fortune’s “Brainstorm” podcast held on November 19, Bitcoin is not competing with Ripple. He also said that he would continue holding a portion of the most popular cryptocurrency.“I don’t view what Ripple is doing as somehow competitive with Bitcoin. I hold Bitcoin. I want Bitcoin to be successful. […] I do think all boats will rise,”...

The list of celebrities purchasing Bitcoin has officially grown by one more with a new representative from the hip hop world. The now-retired rapper going by the stage name Logic recently confirmed that he had purchased $6 million worth of BTC last month.Logic Buys $6M In BitcoinLogic was born in 1990 under his real name – Sir Robert Bryson Hall II. He became a popular songwriter, record producer, streamer, and author. He also had a successful hip hop career with six studio albums and two...