Tag Archives: Bitcoin (BTC) Price

The recent boom in institutional interest in Bitcoin and cryptocurrencies might be a fresh sign that the market needs crypto regulations. SEC Commissioner Hester Peirce pointed out that the wide range of investors would also improve price formation.Institutional Interest as the Long-Awaited Sign for Crypto RegulationsUS Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that there is a need for precise cryptocurrency regulation. According to a recent news report, the...

Bitcoin went through a mild correction in the past hours. Its value dipped below $46K after failing to conquer the coveted $50,000 level. However, according to the CEO of a popular cryptocurrency monitoring resource, this might be the time to buy BTC if you’re a long-term investor.‘Now is the Time to Buy BTC’Bitcoin went through what many consider to be a mild healthy correction. As CryptoPotato reported earlier today, the cryptocurrency dipped below $46,000 after failing to clear the coveted...

On Sunday, Feb. 14, Bitcoin prices hit an all-time high of $49,850 according to Tradingview, however, on some exchanges it may have reached $50k.Since then, it has begun a sharp correction dropping prices by 7% in a retread to just over $46k during early trading in Asia on Monday. At the time of press, Bitcoin was changing hands for $47,100 and looking in danger of falling further if current support levels fail.BTC/USD Binance – Tradingview.comThe next level of support below the current one...

A bitcoin investment worth $1,200 following the first stimulus checks sent by the US government in April 2020 would have skyrocketed by more than 600% until today to over $8,500.Although this is a spectacular growth for less than a year, the same investment put in Ether would have presented an even better ROI of over 1,000%.Option 1) Stimulus Put In BTCThe US government initiated a drastic measure last year to sent stimulus packages to its citizens following the COVID-19 pandemic, which...

Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...

BitcoinBitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher over the past week.On Monday, BTC surged from $38,800 to reach the resistance at $46,427 (1.618 Fib Extension – red). There, it established an ascending price channel. It took a couple of days for BTC to break that level.Today, Bitcoin climbed higher to set the new ATH at...

Bitcoin’s price could spike to a six-digit price territory as early as April or September this year, said the creator of the popular stock-to-flow model, PlanB. Additionally, the asset could surge to $288,000 by the year’s end if it follows the 2013 bull cycle.Bitcoin To $100K In Two To Seven Months?The primary cryptocurrency has been on a tear in the past several months after exploding by about 5x since early October 2020. In the first month and a half in the new year alone, the asset has...

After yet another all-time high painted just at the $49,000 price tag, bitcoin retraced slightly. Most altcoins also went up in the past 24 hours, and the total market cap painted a new record as well above $1.460 trillion. Interestingly enough, YFI has managed to surpass BTC in terms of dollar value.Bitcoin’s Latest ATH At Nearly $49KBTC is having a compelling week as it exploded by about $7,000 on Monday following news that Tesla had purchased $1.5 billion in January. It went for a new...

Bitcoin has painted yet another record, breaking the previous all-time high and setting a new one at around $48,480. This comes right after Mastercard announced they would potentially integrate cryptocurrencies in their network and the US oldest bank, BnY Mellon, revealing they would hold, transfer, and issue BTC and other cryptocurrencies on behalf of their asset-management clients.Bitcoin’s price just painted a fresh all-time high, surpassing the previous record. At the time of this...

Bitcoin climbed by 4% in the past 24 hours after gaining over $2,000 from today’s low of $44,000 (Bitstamp). The primary cryptocurrency is up by a total of 23% this past week after it broke the previous ATH price from January 8th, 2021, of $42,000. This comes following the news that Tesla had purchased $1.5 billion worth of BTC.After breaking $42,000 on Monday, Bitcoin continued higher to reach the critical resistance at $46,430 (1.618 Fib Extension). It spiked above it on Tuesday, setting a...