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Tag Archives: Bitcoin News

Bitcoin Price Analysis: BTC Eyeing Upside Break above $19.8K

Bitcoin price started a major upward move from the $17,500 support zone against the US Dollar.The price is now trading well above $19,000 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $19,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $19,570 and $19,800 resistance levels.Bitcoin price is currently showing bullish signs above $19,000 against the...

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Institutions Support Bitcoin Despite Its Ups and Downs

The bitcoin price is once again past the $19,000 mark, and it appears institutional investors continue to drive the gains that bitcoin has been enjoying over the past several weeks.Institutional Traders Love Their BTCWe’ve all heard that the 2017 run and this run are completely different because the first was driven by retailers, whereas this one is being driven by professional traders that are looking for legitimate stakes in the crypto universe. Companies such as MicroStrategy have started...

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The Good Fortune of Bitcoin Is Set to Last Well Into 2021, Analysts Say

Well, it’s another somewhat ugly day for bitcoin. Just yesterday, the world’s number one digital currency by market cap was trading in the low $18,000 range, which was a big hit from the $19,000+ it had been experiencing in the weeks before. Now, the asset has lost more than $1,000 off that price, and at first glance, it looks like 2020 may not be ending on the high note that everyone initially predicted.Bitcoin Has Dropped, But It Hasn’t FallenAnd yet many analysts still believe that this is...

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#1035 Bitcoin-ATM Rollout Deutschland, UniSwap 50 Milliarden Dollar Volumen & Institutionelle Bitcoin Nachfrage 

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1035. Im heutigen Video geht’s um folgende Themen: Bitcoin-ATM Rollout in Deutschland, UniSwap All Time Volumen über 50 Milliarden Dollar & 600 Milliarden institutionelle Bitcoin Nachfrage  1.) Spot9 startet Bitcoin-ATM Rollout in Deutschlandhttps://www.btc-echo.de/schlagzeilen/bitcoin-automat-spot9-startet-rollout-in-deutschland/ 2.) Uniswap All Time Volume Passes $50 Billion as Users Await...

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#1034 Riesen Bitcoin Deal, Digitaler Yuan Test & Darknet Markt Sipulimarket geschlossen

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1034. Im heutigen Video geht’s um folgende Themen: Ein Riesen Bitcoin Deal, Digitaler Yuan Test mit 20.000 Transaktionen & Behörden schliesst Darknet Markt Sipulimarket. 1.) „Ein RIESEN-Deal“: So sehr könnte Bitcoin noch wachsen, wenn der Versicherungssektor investierthttps://coincierge.de/2020/ein-riesen-deal-so-sehr-koennte-bitcoin-noch-wachsen-wenn-der-versicherungssektor-investiert/ 2.) Chinese residents...

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Rich Society Now Sees Bitcoin as Essential for Growing Portfolios

It looks like wealthy people are beginning to view bitcoin as an essential ingredient of their portfolios, and many are wishing that they had gotten involved in the world of cryptocurrency sooner.Bitcoin Has Attracted the Attention of Wealthy InvestorsThis is the case for Christian Armbruester, the founder of Blu Family Office in London. As an investor for wealthy clients, Armbruester claims that while he might have dabbled in crypto here and there, he never really took it seriously until...

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Is Bitcoin Mining Still Considered Steady Work?

Reports of a company known as Core Scientific have emerged in the news as of late. The enterprise is looking to expand its bitcoin mining operations throughout the U.S. While the firm is officially based in Bellevue, Washington, the company has also opened stations in several Midwest and southern states including North Carolina, Kentucky and Georgia, and it doesn’t plan on stopping any time soon.Does Bitcoin Mining Still Hold Sway?The fact that all this is occurring in the United States is...

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Ray Dalio Compares Bitcoin Favorably to Gold

It’s always refreshing to see someone who wasn’t a bitcoin believer change their mind. Today, the cryptocurrency appears to have added another “fan” to its roster. That person is Ray Dalio, a billionaire and co-founder of the hedge fund Bridgewater Associates.Ray Dalio Now Sees Bitcoin Through a New LensIn the past, bitcoin has often attracted criticism and scrutiny for its vulnerability to price swings and its volatile behavior. While it’s easy to become wealthy overnight with the help of...

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Tyler Winklevoss Discusses What’s Boosting BTC

Everybody knows, at this stage, that the Winklevoss Twins – Cameron and Tyler – are big bitcoin fans. They have become crypto billionaires in recent years and have even started their own exchange in New York known as the Gemini Exchange. It was one of the first companies working in crypto in the Big Apple to obtain a Bit License, which shows you how serious they are about digital currencies.Tyler Winklevoss Explains His Thoughts on BTCRecently, Mr. Winklevoss sat down and commented about all...

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Study: More than 60% of Millennials See BTC as a Potential Hedge Tool

A new study shows that approximately 67 percent of millennials think bitcoin is the ultimate “safe haven” asset, beating out gold and other precious metals.Millennials Really Love Their BitcoinThe digital currency first arose in 2008 during the time of the Great Recession. Many of today’s millennials likely spent part of their teen or pre-teen years watching the effects of this recession. They likely saw their parents get laid off their jobs despite years of loyal service. They might have...

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