Bitcoin (BTC)

Wow. For a currency that remains horribly vulnerable to price swings and volatility, bitcoin has really managed to fix itself up over the past two days. The currency is trading beyond the $9,000 mark – a massive improvement considering just three days ago it was stuck in the mid-$7,000 range.Bitcoin Is Defying All ExpectationsBitcoin has experienced a hard period over the past 30 days. Things started off bad in late September when Bakkt – the institutional crypto trading platform owned by the...

Bitcoin’s epic surge has lifted the entire crypto market, with one notable exception: ripple (XRP) Ripple is barely treading water, while most of its peers are enjoying meteoric gains. Crypto analysts say there are three reasons XRP is struggling. It’s been quite a while since most cryptocurrencies posted tremendous gains. Major coins such as bitcoin, bitcoin cash, and bitcoin sv are up by over 15 percent. Other coins in the top ten were not far behind, with litecoin and ethereum...

Es waren enttäuschende Wochen für den Markt – Bitcoin verlor deutlich und sogar der Basis-Support bröckelte. Doch wie schnell sich der Markt drehen kann, zeigten die letzten 24 Stunden, die zwischenzeitlich den Kurs um ungefähr 40 Prozent steigen ließen.Bitcoin News: Die Bullen treiben den BTC Kurs 40 Prozent nach obenIn der Spitze gewann der BTC innerhalb von nur 10 Minuten 13 Prozent an Wert, nachdem gestern die Bullen das Kommando übernommen hatten. Insgesamt ging es um 40 Prozent, von...

There’s never a dull moment in crypto, as Bitcoin has once again shown that it is highly volatile. The leading coin, whose price has consolidated in the $8,000 region since late September and traded as low as $7,300 within the last three days, has made a bullish reversal, racing as high as $10,350 on Bitstamp in just one day.This came as a surprise to many, as some analysts had predicted a Bitcoin Death Cross, which was thought to portend a dip to $6,000 before a possible bull turn, but as...

Après un décrochage notable mercredi dernier, le cours du Bitcoin est aujourd’hui en très forte hausse sur les principales plateformes de trading : plus de 25% en 24 heures avec un pic cette nuit à 9300€. Pour le magazine Coindesk cette hausse serait liée à une déclaration de Xi Jinping qui s’exprimait hier devant le Comité central du Parti communiste chinois. Le président de la République...

The volatility in the cryptocurrency market has always been talked about. This week proved it once again with significant price actions. The price plunged several days ago to its lowest levels since May 2019, and just in the last 24 hours – a missile lunch, a skyrocket, there are no more words: Bitcoin sees over 40% daily increase (!).Just up until a week ago, Bitcoin price appeared to be ‘boring’ with only a few moves in each direction, trading for almost a month around the $8,000 region....

Bitcoin has had an extremely volatile week, a throwback to the frenzied trading the asset was previously associated with. The world’s largest cryptocurrency hit a 5-month low earlier this week. A massive rebound has seen nearly 30% gains overnight, pushing closer to $10,000. There’s a reason why HODL (hold on for dear life) is a popular trading strategy in cryptocurrency. Battle-tested crypto enthusiasts understand that the big money investors are out to get their bitcoin at dirt...

The following is proof that work hours should be devoted to work. Andrei Rybkin, a former Russian nuclear scientist, has been sentenced to three years in prison for mining bitcoin utilizing a plant’s computing power.Rybkin: Heading to JailAside from serving time behind bars, Rybkin will have to pay a fee of more than $3,000 (about 200,000 rubles) to court authorities. Sentenced on Thursday, Rybkin is one of three people that were potentially involved in an illegal mining network that...

Bitcoin prices which have been sliding for the past few days recovered slightly after President Xi Jinping was reported to have made statements that support the Chinese use and adoption of Blockchain technology. Sources indicate that the statements credited to the President of the World’s second-largest economy were first reported by Chinese media sources.Speaking on Thursday at the 8th collective study of the Political Bureau of the Central Committee in Beijing Xi said:“[We must] clarify the...

A lot of people don’t like Libra. We’ve already established that, but now Jack Dorsey – the CEO of both Square and Twitter and arguably as big a social media conglomerate as Mark Zuckerberg – is taking aim at the project, claiming that Libra isn’t even a cryptocurrency.Dorsey: We’ll Never Join with LibraOne social media CEO is attacking the other, and Dorsey – while speaking at a Twitter News Summit in New York City – explained that Libra could be just a “gimmick;” a false and phony project...