Tag Archives: Bitcoin

Bitcoin has hit a new all-time high. Just 24 hours after shooting beyond the $20,000 mark, the world’s number one digital currency by market cap has surged to $22,700, roughly $2,000 higher than where it stood just 24 hours ago.Bitcoin Is Growing Like Never BeforeThe currency has been on a serious surge over the past few weeks. Considering the asset was, at one point in mid-March, trapped below the $4,000 for a brief period, the currency has added close to $20,000 to its price in just nine...

Robert Kiyosaki – the famed author of the bestselling book “Rich Dad, Poor Dad” – is at it again when it comes to bitcoin. In a recent interview, he commented that the price of the world’s number one digital currency by market cap will soon reach a whopping $50,000 per unit sometime next year.Kiyosaki is Pushing BTC Once AgainKiyosaki has always been a big bitcoin and cryptocurrency fan. In the past, he’s commented that the digital currency could potentially make gold and real estate...

Ruffer Investment Management – a fund manager based in the United Kingdom – has a little bet going on bitcoin. The company has noticed how stellar the currency has been doing as of late, and it’s found a fun and unique way of cashing in on the action. Executives have placed a bet worth approximately 550 million pounds on BTC at the time of writing, as they believe the asset is likely to strike some major chords in the coming weeks and months.Ruffer Management Sees Bitcoin as a Serious...

Bitcoin has done it. The currency has shot beyond the $20,000 per unit mark, and the asset is now bigger than it has ever been in its short, yet stellar history.The Bitcoin Price Has Surged to a New LevelThe currency is presently trading for more than $20,700. That’s a surge of approximately $1,200 from 24 hours ago, and many analysts are relishing the idea that the currency has followed their predictions. Many thought $20K could be achieved before the year was over, and it looks like they...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has added another $500 to its price and is now trading for well over $19,500. This is a new high for the currency considering the asset has spent the last few days traversing the doldrums.Bitcoin Surges By $500To be fair, the currency has done well for itself. It recently spiked beyond the $19,000 mark for the umpteenth time in the past few months and has remained there for a short period. However, this...

In January, the new Congress is set to take its place in the State Capitol. No doubt cryptocurrency will be on the to-do list for many members of the Continental Congress, but how far will they get when it comes to etching out correct legislation to get the country on the right track? Well, granted they all behave like Senator-elect Cynthia Lummis of Wyoming, perhaps we can potentially get a few things done.Lummis Is Looking to Make Crypto a Prime TopicLummis is a Republican from the Cowboy...

Bitcoin has always been supported by the Winklevoss Twins. Both Cameron and Tyler have made serious names for themselves in the crypto world by becoming some of the globe’s first crypto billionaires and by establishing their own digital currency exchange in New York known as Gemini. It was one of the first companies to garner a BitLicense, thereby establishing its ability to delve in crypto services in the Big Apple.The Winklevoss Twins Have Always Had BTC’s BackNow, the Winklevoss Twins have...

It looks like the amount of bitcoin being held on digital exchanges is beginning to fall to record lows. The world’s number one cryptocurrency by market cap has shot past the $19,000 mark again, and it appears people are beginning to sell. Thus far, the amount of bitcoin held on exchanges has fallen by more than 20 percent this year.Bitcoin Is Being Sold OffThe currency, despite doing well at the time of writing, has encountered a few ups and downs in the last few weeks, experiencing a couple...

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...

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...