Bitcoin (BTC)

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...

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 -...

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...

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,...

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...

Following yesterday’s massacre, the cryptocurrency market has begun its Christmas recovery session. Bitcoin is getting towards $24,000, currently trading less than $500 from a new all-time high, while most altcoins have bounced off hard with impressive double-digit increases.Bitcoin Eyes $24,000The primary cryptocurrency went on a roller-coaster in the past few days with several notable price moves resulting in a new all-time high and a subsequent $2,000 drop.This price action had repeated...

Mike Novogratz – a billionaire investor and former hedge fund manager – is not an insensitive man. He acknowledges that 2020 was wracked with hardship, and that the year has been difficult primarily thanks to the spread of the coronavirus pandemic. He sees that it has led to considerable damage in our economy and has contributed to numerous deaths.Novogratz Believes COVID Had a Positive SideHowever, he’s not one to just turn his back on the positives altogether. In many ways, he believes the...

Paxos Trust – the official cryptocurrency partner of PayPal – has garnered more than $140 million in fresh funding through a Series C funding round.Paxos Trust Is Getting Its Hands on a Lot of MoneyThe round was led by a company known as Declaration Partners, an investment enterprise backed by billionaire and philanthropist David M. Rubenstein. Other companies to take part in the funding round include Mithril Capital, RIT Capital Partners, RRE Ventures and Liberty City Ventures.CEO of Paxos...

Bitcoin’s latest supporter Ray Dalio is dealing with a harsh family tragedy at the time of writing. He took to social media recently to report that his son, Devon Dalio, had been killed in a car crash.Ray Dalio Reports the Death of His SonThe 71-year-old billionaire hedge fund manager explained on Twitter:It is with great pan that I am sharing with you that my 42-year-old son was killed in a car crash yesterday. My family and I are mourning and processing and would prefer to be incommunicado...

A day after the former chairman of the United States Securities and Exchange Commission, Jay Clayton, stepped down, the watchdog has its new chief in the face of Elad Roisman.Hester Peirce, an SEC Commissioner who’s well-known within the cryptocurrency community for her stance on a potential Bitcoin ETF, broke the news that the Commission has a new Chairman.According to Peirce’s tweet, taking up the position would be Elad Roisman.Congratulations, Chairman Roisman! I look forward to your...