Bitcoin (BTC)

Bitcoin is doing well as of late. Extremely well one might say, and yet it’s still experiencing doubt from analysts such as David Rosenberg, a well-known economist who at the time of writing, claims bitcoin is trapped within a bubble.David Rosenberg: Bitcoin Is in a BubbleOne of the big problems in Rosenberg’s mind is that people investing in bitcoin are simply doing so because it’s the thing to do right now. They have no idea what it is, how it works, or who even brought it to the financial...

The Bit Fury Group and FICO have entered a partnership that will develop new risk assessment solutions for monetary systems.FICO Is at the Head of the Crypto GameThe plan is to assist all traditional banks and standard financial institutions that are looking to offer crypto-based services or products to assess the risks associated with providing said items to customers. This represents a huge change in attitude for banks, who for a long time, wanted to stay as far away from crypto not...

As we all know by now, it doesn’t matter how well bitcoin does. The world’s number one digital currency by market cap is always likely to have its doubters, one of which appears to be billionaire investor Mark Cuban.Mark Cuban Is Still Rejecting BTCIn the past, Cuban has commented that he would rather have “bananas” than bitcoin. However, one would think he would change his tune as of late considering the currency has reached a new all-time high of roughly $22,700 at the time of writing....

Bitcoin price has finally started to correct from its parabolic rally to new all-time highs. During the European trading session today, we saw the first hourly candle close beneath the support of the bearish rising wedge pattern (yellow lines), around 09:00 UTC.Rising wedges are classic bearish reversal patterns and typically result in strong corrections. This morning’s breakout signaled to the rest of the market that BTC was about to dive sharply and within minutes of the new candle...

BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well.Bitcoin (BTC) price has surpassed expectancy over the last days. The price started to recover on Monday with a considerable rally setting a new all-time high at the end of the week — reaching a market cap as high as $24,273 on Sunday.Now the price is traded at the current level of $22,700, suggesting there’s still buying demand despite falling below 23K. Likewise, many investors feared...

ETH/USD – Ethereum Rolls Over From 2020 HighsKey Support Levels: $600, $580, $556.Key Resistance Levels: $625, $650, $665.Last week, Ethereum surged higher after rebounding from $580 to break above $600 on the same day that Bitcoin penetrated $20,000. The coin continued to climb over the following few days but couldn’t break past the $675 resistance (long term .786 Fib Retracement).Over the weekend, ETH struggled to maintain itself above $650 and eventually rolled over to fall as low as $625....

Bitcoin’s price went on a rollercoaster today, and the volatility continues to be rampant. Amid all this, the market saw more than $800 million in liquidations of both long and short positions in the past 24 hours alone.Bitcoin’s Rampant VolatilityTrading is a zero-sum game. For someone to win, someone else has to lose. This was perfectly exemplified in today’s market performance.Bitcoin’s price went from a high at above $24,300 to a low below $21,850 in a matter of hours. To anyone thinking...

The Bitcoin price correction witnessed in the second half of 2019 may be seen in the coming weeks if there is a major slowdown in the inflows recorded by the Grayscale Bitcoin Trust.Bitcoin (BTC) saw the best of its days in the past week since it made its emergence back in 2009 as it recorded an all-time high above $24,000. Analysts from JPMorgan Chase & Co (NYSE: JPM) as reported by Bloomberg have attributed much of this BTC price increase to the growth of large hedge funds specifically...

Coinbase verwaltet 20 Milliarden US-Dollar Die US-amerikanische Kryptobörse Coinbase hat einen baldigen Börsengang angekündigt. Das Unternehmen gab am Donnerstag bekannt, einen Antrag bei der Börsenaufsicht SEC gestellt zu haben. Wievel wird Coinbase wert sein? AirBnB übertraf diesen Herbst alle Erwartungen und kam auf einen Börsenwert von mehr als 100 Milliarden US-Dollar. (Gutschein unten im Artikel) Coinbase reicht Bilanzdaten ein Schon...

Describing itself as the “largest independent publicly-traded business intelligence company,” MicroStrategy has made good on its word to purchase more bitcoins. The company announced earlier today the purchase of 29,646 more BTC for approximately $650 million.MicroStrategy’s founder and CEO, Michael Saylor, announced the latest BTC purchase earlier today. Following the firm’s recently instituted Treasury Reserve Policy, the company allocated another $650 million in bitcoin with an average...