Usually, when Bitcoin is making impressive moves, many who has FOMO may take a dive into storing up on the coin, while this may complement the recent moves, its impacts may not be long-lasting.Bitcoin (BTC) price has a surge that raises its price to a 16-month high following the announcement that PayPal Holdings Inc (NASDAQ: PYPL) has launched its long-anticipated crypto payment service that will aid merchants to receive payments for goods and services in Bitcoin (BTC), Ethereum (ETH),...
Read More »Bitcoin Rally Only in ‘First Inning’, Says Tudor Jones
BTC is an asset that appears to be attracting a lot of attention to a specific class of investors. The millennials, mostly, are recognizing the pioneer cryptocurrency as an alternative safe-haven asset.Billionaire hedge fund manager Paul Tudor Jones II has become more bullish on Bitcoin, lauding it as the best inflation hedge since sliced bread.During Thursday CNBC “Squawk Box” interview Jones said:“I like bitcoin even more now than I did then. I think we are in the first inning of bitcoin,...
Read More »Bitcoin Spikes Following Major PayPal Announcement
The world’s number one cryptocurrency has done it once again. The asset that everyone knows as bitcoin has struck a new high now that October has come into play. The currency is presently trading for well over $12,400, marking the highest it’s been since hitting its late August high.Bitcoin Is Back Above $12,000Approximately two months ago, bitcoin hit the $12,400 mark, thereby striking the highest point it’s seen in about a year. Everyone couldn’t help but chat silently about how the bullish...
Read More »Tether Treasury Mints 450M USDT in Two Days as Bitcoin Rallies to New 2020 ATH of $13,184.57
Over the years since its inception, USDT has provided unique services that most digital assets fall short of.The Tether Treasury has generated almost half a billion new USDT tokens in the past two days according to whale alert as observed by news outlet Cointelegraph.The new Tether batch coincided with major cryptocurrency events, whereby American payment giant PayPal Holdings Inc (NASDAQ: PYPL) entered the crypto sphere triggering Bitcoin and most altcoins to rally. According to Whale alert,...
Read More »Bitcoin Price Gaining Momentum Today, BTC Renewed Year Highs
On Thursday, October 22nd, BTC corrected after the preceding aggressive growth; nonetheless, the market still hopes for a new wave of growth. The coin is generally trading at $12,807 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin (BTC) today: tech analysisThe BTC rate renewed this year’s peak.PayPal will start supporting crypto.On W1, the quotations are developing ascending dynamics and are now bouncing off 61.8% Fibo, which stimulates further growth to the target level of...
Read More »I Like Bitcoin Even More, It’s The Best Inflation Trade: Billionaire Investor Paul Tudor Jones
Billionaire hedge fund manager Paul Tudor Jones III has become an even bigger Bitcoin fan following the most recent price developments. As CryptoPotato reported back in May, Jones bought an undisclosed amount of BTC to protect himself amid the rising fears of increased inflations. In an interview with CNBC’s Squawk Box, the prominent investor doubled-down on his words that Bitcoin serves as a hedge against the failing traditional financial world. Jones noted that “I like...
Read More »Bitcoin Price Paints A Fresh All-Time High Against Two National Currencies
While most cryptocurrency community members speculate when or if Bitcoin will ever top its all-time high against the dollar, the digital asset has already marked an ATH against other government-issued fiat currencies – the Brazilian Real and the Turkish Lira. Bitcoin Smashes Through BRL ATH The past several days have been significantly exciting for the cryptocurrency industry, especially for its most well-known representative. Compared to the US dollar, BTC dipped to $11,200...
Read More »PayPal steigt in Bitcoin Markt ein
Die Nachricht wurde gestern veröffentlicht und schob den BTC Kurs an. PayPal steigt in den Cryptomarkt ein. Zum ersten Mal seit mehr als einem Jahr schoss der BTC Kurs wieder über die Marke von 13.000 US-Dollar. Allerdings ist auch Vorsicht bei der Ankündigung PayPals geboten.Bitcoin News: PayPal steigt in Bitcoin Markt einEs war nicht die Meldung allein, die den BTC Kurs zu einem Jahreshoch verhalf. Auch Tether’s Stablecoin spielte eine Rolle, da eine beträchtliche Menge an Neukapital in den...
Read More »BTC Price Analysis: After Breaking 2020 High, Is Bitcoin Eyeing $14K?
Bitcoin price has managed to avoid all 3 unfilled CME gaps this week and go on to break the $13,235 level for the first time since July 10, 2019 – 469 days ago. The catalyst for the 11% surge was the breaking news from PayPal yesterday that the payments giant will soon facilitate BTC and other crypto-asset payments. According to data from Datamish, the Paypal rally caused a $70.8M short squeeze on BitMEX as an eye-popping $31 billion returned to the crypto market during...
Read More »HODLers: Most Crypto Investors Hold Majority In Bitcoin Over Altcoins, Survey Finds
As Bitcoin price recorded a new yearly high, most of the participants in a recent survey shared that they hold the majority of their holdings in Bitcoin rather than altcoins. Bitcoin traders are basking in profit as October turns out to be a good month for BTC. 46% Of People Allocate More Than 50% To BTC Crypto commentator and analyst Josh Rager took to Twitter to ask crypto users how much of their portfolio is allocated to Bitcoin. Voters had to choose from one of four...
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