Tag Archives: bitcoin price

Bitcoin is continuing its bullish price run and is now trading above the $7,500 mark.Bitcoin Is Still on a RollThe currency has been gaining steam a little at a time – usually $100 here, followed by $100 there. Bitcoin initially ended last week at roughly $7,300 but has gained $200 from there.This goes back to the argument we reiterated in yesterday’s piece. The way for BTC to get ahead is through a slow and steady pattern; not all at once. The latter method was already utilized and witnessed...

John McAfee – the ever-controversial figure responsible for bringing one of the world’s leading antivirus platforms to fruition – has admitted that his whole push for bitcoin to reach $1 million was simply a tactic to move the cryptocurrency into mainstream territory, though he now thinks stronger and more efficient digital currencies will replace it.McAfee Says the Whole Thing Was an ActMcAfee has been saying for nearly three years that bitcoin was likely to reach the $1 million mark by the...

BTC/USD is currently trading at $7,861 (+1.4% from the beginning of the day). The crypto is in motion as part of a vigorous bull trend in Asia amid growing volatility and a tested zone past the $8,000 price level.As Bitcoin halving approaches, several market analysts are trying to project how this will influence the price, while in some other forecasts, an analyst said that dominance in the Bitcoin market may not surpass 75%, and price recovery may be limited to $15,000.The Bitcoin sphere...

Bitcoin has had something of a shaky start in 2020, but the currency has managed to remain above the $7,000 line, which is always a good thing.Bitcoin Trading Volume Isn’t High EnoughAccording to one source, however, cryptocurrency enthusiasts and analysts are focusing too much on the movement of the price and not enough on the daily doings that occur behind closed doors. It points out that bitcoin volumes are as low as they were in April of last year, which could lead to an increase in...

At the time of writing, bitcoin – the number one cryptocurrency by market cap – is trading above $7,400, which is the highest it’s been in the new year and the highest it’s been in a while.Things Are Both Shaky and Stable for BitcoinTo say things have gotten off to a rocky start for bitcoin in 2020 would be a bit of an understatement. While the currency did begin above $7,000, enthusiasts and traders everywhere got a bit of a scare when two days later, the currency fell into the $6,000 range...

Recently, the crypto community has been observing the rapid growth of Bitcoin prices. Besides, gold is also enjoying a price increase. As Galaxy Digital CEO and founder Mike Novogratz believes, this good performance is a result of the U.S.-Iranian conflict. At the very beginning of 2020, the U.S.-Iranian conflict escalated. As a result, fears of a new war raised. The current political uncertainty has led to Bitcoin surging by more than five percent several hours after the U.S. airstrike...

The number one digital coin in the world, Bitcoin, is consolidating with the latest price increase past the $7,500 level as we approach the key barrier level of $7,600. Currently, Bitcoin is trading above the price level of $7,500 mark, with a further breakthrough above the last critical barrier that could be challenged near the $7,600 area. After this the coin will accelerate its bullish momentum as soon as the aforementioned resistance becomes clear. All eyes remain on the threshold of...

Following an air strike from the United States that killed one of Iran’s top generals, the price of bitcoin shot up by roughly $400 in mere minutes. While the crypto community has taken note of the spike, some sources are falsely reporting that bitcoin is becoming a bigger deal in Iran – so big, in fact, that it’s jumped all the way to $24,000 per unit, but this isn’t quite true.Iran Has Seen An Increase in Crypto ActionCrypto experts are saying that this is due to a big misunderstanding...

Another alleged bitcoin expert is striking the industry with his lavish predictions for the currency’s price. Antoni Trenchev – the head of BTC lending platform Nexo.io – says that 2020 will be the year in which bitcoin hits approximately $50,000.Antoni Trenchev: BTC Is Quite the AssetEveryone has rushed forward with their bitcoin predictions, including convicted drug runner Ross Ulbricht, Ethereum co-founder Charles Hoskinson and venture capitalist Tim Draper, and by comparison, the...

Credit cards and cryptocurrency are becoming one, and several exchanges and blockchain-based companies have sought to release their own crypto-backed credit and debit cards. The latest company to announce such a project is Block Fi, which says it will launch a new bitcoin rewards credit card later this year.Block Fi to Issue BTC Rewards Card2020 is proving to be something of a mixed period for bitcoin. While the currency started out the year at well over $7,000, it quickly dropped during...