Crypto news

Bitcoin has hit a new all-time high. Just 24 hours after shooting beyond the $20,000 mark, the world’s number one digital currency by market cap has surged to $22,700, roughly $2,000 higher than where it stood just 24 hours ago.Bitcoin Is Growing Like Never BeforeThe currency has been on a serious surge over the past few weeks. Considering the asset was, at one point in mid-March, trapped below the $4,000 for a brief period, the currency has added close to $20,000 to its price in just nine...

Coinbase is filing an IPO (initial public offering). The largest cryptocurrency exchange in the United States has decided to go public right as bitcoin is hitting a new high of roughly $22,700 at the time of writing prompted by growing institutional investor interest.Coinbase Is Hitting the Big TimeThe company has filed the appropriate paperwork with the Securities and Exchange Commission (SEC). The governing agency is now engaged in reviewing the documents to ensure all is in order before...

Elon Musk, the CEO of two of the most discussed companies in the past years, SpaceX and Tesla, is doing rounds with the cryptocurrency community today.Earlier today, the high-ranked executive and multi-billionaire said that Bitcoin is his safe word in a context that not a lot of people understand. Nevertheless, what followed was a heated discussion and plenty of speculations coming from many members of the cryptocurrency community.Elon Musk Asks Michael Saylor About BitcoinToday has been an...

Yesterday, bitcoin’s price set another all-time high, this time at $24,200 (Bitstamp). Nine days ago, the daily low was $17,565. Since hitting that level, the primary cryptocurrency had gone through a fantastic journey of eight consecutive daily green candles.This is the longest period of consecutive daily green candles since June 2019’s bull run (8 candles). If today’s candle will close above $23,840, though a green candle, this will become the longest period since October 2013.Back then,...

XRP/USD: Ripple Waiting For Next MoveKey Resistance Levels: $0.6, $0.678, $0.78Key Support Levels: $0.50, $0.437, $0.33XRP/USD. Source: TradingViewAfter breaking out of a crucial resistance on Wednesday, Ripple touched $0.68 and pulled back to where it’s now consolidating at $0.577. Volatility is low at the moment but it could resume its bullish momentum as soon as it finds key support. While the market remains indecisive, it has still gained 12% in the past week.Considering the mid-week...

In the past 10 months, COVID-19 literally brought the world to its knees. But the pandemic, as it turns out, has been less of a pandemic and more of an infodemic. The internet was teeming with a deluge of news reports, stories, blog articles, and ‘guidelines’ on ‘how to stay safe out there’.And what percentage of this content is actually worth relying upon? Which source to trust, and which one to shun? Why has this global catastrophe become a breeding ground for misinformation and rumor...

Bitcoin has become a part of the mainstream media. While it might have been odd to tweet and discuss bitcoin a few years back, throughout the past few months, we saw a growing number of some of the most influential figures and companies talk about it.Elon Musk is a veteran Bitcoin commentator, and he’s also known to comment on some other cryptocurrencies, though it’s been a while since he last tweeted something about BTC.Today, at the peak of a calm weekend, Musk tweeted the following:Bitcoin...

Following another consecutive all-time high, this time above $24,000, bitcoin retraced to about $23,500. Some large-cap altcoins such as Binance Coin and Litecoin have doubled-down on their recent gains, with BNB nearing $35 and LTC painting a new yearly high of over $120.BTC’s New ATH And The Subsequent RetracementAfter the highly volatile bullish week that resulted in breaking above $20,000 and a new all-time high of nearly $24,000, bitcoin took a little break, showing signs of...

Robert Kiyosaki – the famed author of the bestselling book “Rich Dad, Poor Dad” – is at it again when it comes to bitcoin. In a recent interview, he commented that the price of the world’s number one digital currency by market cap will soon reach a whopping $50,000 per unit sometime next year.Kiyosaki is Pushing BTC Once AgainKiyosaki has always been a big bitcoin and cryptocurrency fan. In the past, he’s commented that the digital currency could potentially make gold and real estate...

Ruffer Investment Management – a fund manager based in the United Kingdom – has a little bet going on bitcoin. The company has noticed how stellar the currency has been doing as of late, and it’s found a fun and unique way of cashing in on the action. Executives have placed a bet worth approximately 550 million pounds on BTC at the time of writing, as they believe the asset is likely to strike some major chords in the coming weeks and months.Ruffer Management Sees Bitcoin as a Serious...