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Tag Archives: bitcoin price

Coinbase Hit with Technical Problems Following BTC Crash

The price of bitcoin has taken another nasty dive, and this means the currency is trading in the $30,000 range. It has now fallen close to $30,000 per unit from its April high of nearly $64,000 and exchanges like Coinbase are experiencing huge technical problems as a result. Coinbase Is Having Some Problems The price of bitcoin has been on a downward spiral for the past several weeks, and Coinbase is ultimately at the center of this story. BTC rose to its new all-time...

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Mark Yusko Sees BTC Reaching $250K By 2026

Granted bitcoin moves up towards gold’s market cap, Mark Yusko of Morgan Creek Capital Management fame believes that the world’s number one digital currency could shoot up to about $250,000 per unit within the next five years. Mark Yusko: $250,000 for BTC in This Decade In a recent interview, Yusko commented that many investors were not giving bitcoin its due and “underestimating” its ability to move about and serve a higher purpose in the world of finance. He says it is...

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Bitcoin Could Be Getting Ready to Jump Again, Analysts Say

Bitcoin – the world’s biggest and most popular cryptocurrency by market cap – is shooting back up. At the time of writing, the asset is trading for just over $57,000. This is a huge improvement over the $54,000 it was at a few days ago and the $49,000 per unit it was stuck at early last week. Bitcoin May Grow Again Soon For the most part, it was believed that bitcoin would likely continue its bullish patterns into the month of May, though thus far, this period is proving...

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Many Analysts Predict a Six-Figure Price for Bitcoin This Year

As of late, bitcoin has been struggling somewhat. After reaching a new high of roughly $64,000 per unit a few weeks ago, the world’s number one digital currency by market cap fell below $50,000, thereby losing approximately $15,000 off its price. Bitcoin Is Going to Rise, Say Analysts Now, while the asset has come back somewhat, bitcoin is still struggling to move into the high $50,000 range. It is presently trading for about $53,000, which is a drop from last week’s...

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Analysts Weigh in On What Made Bitcoin Fall

With the recent bitcoin crash, analysts are wondering what the heck could have happened to make the world’s number one digital currency fall by roughly $15,000 from its all-time high two weeks ago. Bitcoin Has Taken a Deep Dive There was a time when bitcoin seemed invincible. Everyone likely thought that the currency was going to stay above a certain threshold for some time. Sadly, it was not meant to be, and the currency has dropped significantly. Many traders and...

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JPMorgan: If BTC Doesn’t Hit $60K Again, the Currency Is Doomed

Bitcoin has been undergoing a serious correction as of late. The world’s number one digital asset by market cap has hit a new high of approximately $63,000 per unit, but since that day, it has lost about $8,000 off its price. Thus, the currency is now trading for just over $55,000, and companies such as JPMorgan are beginning to take notice. JPMorgan: We Need to See $60K Again Soon In a new report, JPMorgan appears to be rather bearish on bitcoin… again. To be fair, it...

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The Bitcoin Price Drop May Have Been Caused By a Power Outage

Over the past few days, bitcoin has suffered somewhat, dropping in price from about $63,000 – the currency’s latest all-time high – to about $55,000 at press time. While many analysts believe that the currency has slipped due to exhaustion from the Coinbase listing on the Nasdaq, others feel differently, and point to other factors that may have contributed to the drop. Bitcoin May Have Fallen Due to a Power Outage Bitcoin has fallen by close to 20 percent over the past...

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The first PwC Global CBDC Index 2021

The first PwC Global CBDC Index is designed to measure a central bank’s level of maturity in deploying their own digital currency. The first PwC Global CBDC Index is designed to measure a central bank’s level of maturity in deploying their own digital currency. It provides a synthetic index, capturing the central banks’ progress, stance on CBDC development and public interest in two distinct use cases – retail and interbank/wholesale. Like...

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Mike McGlone: Bitcoin Could Reach $400K This Year

Bitcoin has surged like no other asset. The currency is presently trading for about $58,000 – just $3,000 shy of its all-time high. However, while this may all sound dandy at first, there are many analysts out there who seem to think this is just the tip of the iceberg. They claim that bitcoin is going to continue skyrocketing this year – so much so that it may end up reaching $400K per unit by the end of 2021. Bitcoin Is Likely to Spend the Rest of the Year Increasing...

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Lennard Neo: Don’t Worry About BTC’s Correction

Bitcoin is doing rather well as of late, but we cannot deny that the world’s number one digital currency by market cap has suffered a few setbacks in the past few days, such as falling from its recent high of $61,000 per unit down to the “measly” $58,000 it’s at during the time of writing. Don’t get us wrong – $58,000 isn’t necessarily bad, but it’s not where bitcoin was, and we’re eager for all-time high territory again. Well, according to Lennard Neo – head of research...

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