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Altcoins Time? ETH Soars 15% As Bitcoin Dominance Drops Below 70% (Market Watch)

After another highly volatile weekend trading day consisting of a new all-time high above $28,000 and a massive rejection, including a drop below $26K, BTC has calmed and as of now trading safely around $27,000.Most altcoins have finally joined the party with some impressive double-digit gains, including Ethereum breaking north of $700, recording a current daily high at nearly $740, which is the highest of 2020.Bitcoin’s New ATH And Subsequent RejectionThe primary cryptocurrency continued...

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Room To Grow: Retail Interest in Bitcoin At Yearly High But Still Way Below 2017 Levels

Three years ago, Bitcoin prices were just cooling off from a surge to an all-time high of $20,000. The altcoins had yet to peak, but this would come in the first week of January.Fast forward three years and Bitcoin prices are just cooling off from a new all-time high of $28,400 on Sunday, December 27 according to Tradingview.com.Those that stood their ground and battled through the brutal two-year bear market will have done well. But many that FOMO’d into cryptocurrencies in 2017, possibly...

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Ethereum Breaks 2020 High: Inches Away From $700 (ETH Price Analysis)

ETH/USD – Ethereum Bulls Push To Fresh 2020 HighsKey Support Levels: $675, $665, $617.Key Resistance Levels: $700, $720, $733.Yesterday, Ethereum was struggling to break beyond $630. The resistance was finally penetrated today as it continued further above the previous 2020 high at $675 (bearish .786 Fib Retracement) to reach as high as $695 today.The break beyond $675 allowed ETH to create a fresh 2020 high today. With the current momentum in the market, it is likely that ETH will break...

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Grayscale kauft Bitcoin im Wert von einer halben Milliarde

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

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Grayscale kauft Bitcoin im Wert von einer halben Milliarde

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

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Bitcoin Price Analysis: BTC Slides Sharply From $28K, Correction Time?

Bitcoin is starting to correct from its rampant rise above $28K this week, with the current price down $1,900 from its recent peak of $28,420. With the Bitcoin market capital currently above $520 billion and overall dominance now above 71%, a correction has been on the cards for a number of days now.$55 million worth of BitMEX short positions have already been liquidated in the last few minutes, as fears of a reversal begin to disseminate.The $27,000 level appears to be providing some...

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Bitcoin (BTC) Hits All-Time High Above $27,800, Next Target $40,000

With the latest rally, Bitcoin becomes the first financial service to cross $500 billion in market cap. The latest BTC price action and on-chain activity suggest that retail buying has suddenly spiked up during this holiday season.Bitcoin (BTC), the world’s largest cryptocurrency continues to make new highs this holiday season. In a sweeping bull rally earlier today, the BTC price surged to hit its new all-time high of $27,806 surging over 10%. With the latest price rally, Bitcoin has hit a...

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Bitcoin Price Eyes $28,000 as BTC Dominance Marks 14-Month High (Market Watch)

Another day and another all-time high for bitcoin as the asset broke above $27,000 and even neared $28,000. Most alternative coins have failed to mimic BTC’s gains, and bitcoin’s dominance has exploded to above 70% for the first time since September 2019.New ATH For BTC At $27,900This year’s Holiday season has turned to be quite bullish for the primary cryptocurrency. Ever since December 24th, bitcoin has painted a new all-time high daily.After breaking above $25,000 and $26,000 in the past...

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Art Dealer Stefania Minutaglio Is Crazy About Crypto

Italian art dealer Stefania Minutaglio is the head of 11 [HH] Art Gallery in both Rome and Miami. She has recently begun accepting crypto payments for the artwork she sells and says that some of the artists who consistently feature their work with her gallery have begun to embrace digital assets as well.Stefania Minutaglio Enjoys Her CryptoIn a recent interview, Minutaglio explains why she thinks cryptocurrency is the future. She mentions:No doubt our gallery is a forerunner in terms of...

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Elon Musk Needs Bitcoin Help from MicroStrategy’s Michael Saylor

Elon Musk is at it again when it comes to crypto. This time, his attitude appears to have shifted into more positive territory, questioning whether it’s possible to transform much of the money held by Tesla into bitcoin.Elon Musk Needs a Little Crypto AdviceMusk appears tempted by the recent trend of institutional players that have gotten their fingers on bitcoin and willingly entered the crypto space. These companies include MicroStrategy, Stone Ridge, Square and many others. In fact, Musk...

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