Tag Archives: Bitcoin

MicroStrategy has done quite a lot with bitcoin this year. It’s earned a solid reputation from its customers as a result, and now, shares in the firm have almost doubled in the past few months.MicroStrategy Has Reached the TopMicroStrategy has been the subject of many a headline in the past several weeks given that it’s one of the first major institutional firms to come out and mention that it will be purchasing bitcoin. When the news finally emerged, it turned out that the company hadn’t...

Bitcoin price traded to a new 2020 high at $19,919 before correcting lower against the US Dollar.The price is trading below $19,000, but it is still above the 55 SMA (H4) and the $18,000 support.There is a connecting bullish trend line forming with support near $18,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $18,050 and $18,000 levels.Bitcoin price is currently correcting gains from well above $19,800...

Tyler and Cameron Winklevoss – the founders of the Gemini Exchange in New York – recent mentioned in an interview that they’re extremely confident bitcoin will reach a price of roughly $500,000.Winklevoss Twins: Bitcoin Will Reach $500KWhile this isn’t likely to occur right away, they’re confident the spike will happen within the next ten years, so we can likely expect to see bitcoin reach this pinnacle before 2030. The world’s number one cryptocurrency by market cap is making headlines this...

Bitcoin has come extremely close to reaching its all-time high yet again. The currency is presently trading for well over $19,000 again, a price it first reached about a week ago today. At the time of writing, one unit of bitcoin is worth just under $19,400.Bitcoin Is Once Again Reaching for the StarsAs we all remember, bitcoin first jumped to the moon back in late December of 2017. The currency rose all the way to nearly $20,000 per unit, and many analysts believe that the same scenario is...

Bitcoin – the world’s number one cryptocurrency by market cap – has shot past the $18,200 mark at the time of writing. Yesterday, the currency was trading for about $400 less, which in turn, was an $800 jump from its previous price of around $17,000. This was a $2,000 drop from its previous price of $19,000, the highest it had been all year.Bitcoin Continues to Recover From its Recent FallThis is just more proof that the fall was likely a major fluke of sorts. A jump to $19,000 is quite a...

Getting involved in bitcoin and cryptocurrency can be quite risky. Digital currencies are known for being extremely volatile and vulnerable to outside market influence, but according to Didi Taihuttu and his family, not getting involved in bitcoin would have been even risker.Didi Taihuttu Sees Bitcoin As More Than Just a CurrencyTaihuttu is a 39-year-old husband and father of three children. Presently, they all live in a 2,500 square foot that they’re selling – along with everything else they...

So many institutional companies have looked to bitcoin this year to attain their financial hopes and dreams, and now another one is being added to the list that already contains big names such as MicroStrategy and Square. The company is called Count Guggenheim Partners LLC, and it’s making a big bet on the world’s largest cryptocurrency by market cap.Guggenheim Is Turning to BitcoinThe firm is presently placing some of the money from its Macro Opportunities Fund – presently worth $5.3 billion...

Van Eck Associates Corp. has introduced a bitcoin exchange-traded note on a German crypto exchange. The trading platform is known as the Deutsche Boerse Xetra Exchange, and the company is trying to take advantage of the crypto wave that has been swelling and getting higher over the past few months.Van Eck Continues to Move ForwardVan Eck has always been there to push bitcoin when people most need it. Last year, the company was widely considered the frontrunner when it came to getting a...

Bitcoin has recovered somewhat since its recent drop into the low $17,000 range. Just yesterday, the currency was trading for slightly over the $17K line, but the asset has since added about $800 to its price and brought itself up out of the gutter. The currency is not where it was during the early portion of the week, though it is beginning to show signs of recovery.Bitcoin Is Coming BackThese last two months have been huge for bitcoin given how much attention and praise it’s gotten. Things...

At the time of writing, bitcoin has taken a bit of a nosedive, though at $17,800, the currency is doing somewhat better than it was about 24 hours ago. The currency initially lost more than $2,000 off its price to trade in the low $17,000 range, and many analysts began to show some concern that BTC’s all-time high wouldn’t be reached this year.Bitcoin Buying Is Continuing to SurgeHowever, prior to all this negative hoopla, the currency was ascending like it never had before. Quite frankly,...