Thursday , May 16 2024
Home / Crypto news (page 2071)

Crypto news

Bitcoin Breaks New 2020 High As Total Market Cap Topped $400 Billion (Market Watch)

Bitcoin continues with the 2020 records and just a few hours ago marked a fresh high of above $13,350. Most alternative coins followed suit with impressive increases, but the market has calmed since then. The entire cryptocurrency market clocked at above $400 billion. Bitcoin To Yet Another 2020 High CryptoPotato reported a few days ago that the primary cryptocurrency exceeded the August 2020 high of about $12,500 and reached $13,200. What followed was a slight retracement to...

Read More »

Bitcoin Just Marked New 2020 High, But This Indicator Signals Correction Incoming (BTC Price Analysis)

Starting by looking at the bigger picture, Bitcoin price had made a remarkable run since October began, gaining almost $3000 to its value. Looking at the following long-term weekly chart, we can see this week’s greenish candle that will be closed later today. From a technical point of view, as long as the candle close price is above the $12,500 area (previous high) – we can safely say that BTC is on a healthy uptrend. BTC/USD weekly. Chart by TradingViewThe Good and The Bad:...

Read More »

Some Don’t Think the PayPal-Bitcoin Relationship Is Any Big Deal

It was recently announced that mega online payments firm PayPal would now allow users to purchase both goods and services with bitcoin and other forms of cryptocurrency. Some have called this news huge, such as Mike Novogratz, who believes that bitcoin is about to march deeper into mainstream territory.Some Say “So What” About PayPal Permitting BTCFor others, however, while the news is ultimately positive for bitcoin and the digital payments community, they don’t consider it a huge...

Read More »

Fairspin Pro Gambling Tool: New Design for Top Players

Fairspin Pro Gambling Tool: New Design for Top Players The Fairspin blockchain casino team has redesigned the site and made it easier to access for players who value fair play as much as they value easy deposits and withdrawals. What’s new? The most significant innovations concern the ways to recharge the game balance. The Fairspin team promised multi-currency deposit methods,...

Read More »

Paul Tudor Jones: Bitcoin Is the Best Tool to Fight Inflation

Bitcoin has been spiking as of late thanks to news that PayPal is permitting users to purchase goods and services with cryptocurrency. However, according to Paul Tudor Jones, inflation is so bad right now that this is proving to be a heavy motivator behind everyone trying to get their fingers on bitcoin.Paul Tudor Jones Has Some Praise for BTCWhile news of PayPal accepting bitcoin payments is certainly huge, Jones – a billionaire investor – comments that people’s attitude towards bitcoin is...

Read More »

Is Bitcoin About to Pull Back Thanks to Investor Behavior?

Bitcoin has been skyrocketing over the past few days, and the number one cryptocurrency is currently trading for about $12,965 at the time of writing, the highest it’s been all year.Bitcoin Is Getting Stronger in Certain RegionsAccording to one source, however, the currency has already crossed the $13,000 threshold in several other countries including Brazil, Turkey and Argentina. What’s interesting is that at press time, these countries’ native fiat currencies have been experiencing heavy...

Read More »

Binance Bitcoin Futures Markets Clock Highest 24h Volumes as Institutions Go Long

With bitcoin’s latest rally beyond the $13,000 mark, it seems like the next bull market is here. It can be seen from BTC markets that have been on fire for the last 7 days, including derivatives. The latest data shows that bitcoin futures markets on Binance have clocked the highest 24h BTC futures volumes amongst all platforms. This comes amid the exchange registering $760 million in open interest. Binance Experiences Explosive Bitcoin Futures Market Action Bitcoin rallied...

Read More »

ETH Cools Off After 13% Weekly Gains, What’s Next? (Ethereum Price Analysis)

ETH/USD – Bulls Retest Bearish .618 Fib Resistance Key Support Levels: $410, $400, $387.Key Resistance Levels: $416, $421, $439. Ethereum saw a strong 13% price surge this past week as it reached as high as $421 (1.414 Fib Extension). More specifically, the buyers could not close a daily candle above the resistance at the bearish .618 Fib Retracement at $416. After heading back into $400 yesterday, the bulls have rebounded and are now retesting the aforementioned level....

Read More »

These Are Ripple’s Relocation Options if it Moves Out of the United States

Ripple has expressed dissatisfaction over the regulatory uncertainty surrounding cryptocurrencies in the United States. Apart from this, the San Francisco-based firm has also decided to act. By moving out of its home turf. But where will Ripple move next? Here are the relocation options. Ripple’s Asia Options: Japan, Singapore & the United Arab Emirates When Ripple’s co-founder and Executive Chairman Chris Larsen threatened to move out of the United States over the...

Read More »

The Digital Age Is Here: Crypto And Fintech Companies Soar, While Bank Stocks Tank

2020 has been so far a challenging year. Issues such as the Australian wildfires and the global COVID-19 pandemic have harmed the planet and its inhabitants. The financial world has also suffered, especially during the first several months. The effects are evident within different sectors of the financial industry. While some have felt adverse consequences during these uncertain times, others have thrived and reached for the stars. BNN Bloomberg’s senior anchor, Jon...

Read More »