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Tag Archives: Bitcoin

Anthony Scaramucci: BTC Will Hit $50K in 2-3 Years

Bitcoin has been doing quite well over the past few weeks. The currency has already jumped up by about $5,000 since the end of 2022, which will likely go down as one of the most disastrous periods for the world’s number one digital currency by market cap. The asset is proving doubters wrong once more and appears to be enjoying something of a rally. Despite all this, Anthony Scaramucci – a crypto bull and the man behind Sky Bridge Capital – says it might be a few years...

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Bitcoin Experiences Another Surge, Now at $21K

We’re only a few weeks into the new year, but bitcoin is keeping up its good vibes and experiencing further boosts to its price. Bitcoin Is Still Booming Live Bitcoin News has already published a few articles detailing the jumps of the world’s number one digital currency by market cap since the beginning of January. The currency rose to $17,000 during the first few weeks, then hiked itself up to about $19,000. As of this writing, bitcoin has crossed the $21K line, and it...

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Bitcoin Price Analysis: BTC Remains Supported For More Upsides

Bitcoin price started a fresh increase from the $22,650 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $23,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,350 support zone. Bitcoin price is rising above $23,000 against the US Dollar. BTC might extend gains...

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Bitcoin Is Doing Well, but What About Its Smaller Cousins?

Over the past few weeks, traders and analysts everywhere have been talking about how great bitcoin and Ethereum are doing. We’ve also published a few articles talking about the January price booms witnessed by BTC investors. Bitcoin Is in a Good Spot, but What About the Rest? Ending the 2022 year in the mid-$16K range, it appears bitcoin has made its way back up the financial ladder and is now trading for more than $19,000, something we haven’t seen since mid-November of...

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Further Price Hikes for Bitcoin Were Recorded Last Month

The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of 2022. Bitcoin Is Growing Like Crazy January has brought on a certain degree of healing for most digital currency investors and traders. The previous 12 months had been so disastrous for bitcoin, literally eliminating more than 70 percent of its overall valuation. The...

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The Bitcoin Price Rose Steadily in January

January proved to be a somewhat powerful month for bitcoin, which rose beyond the $18K mark by the midway point. Though this is nothing compared to the all-time high of $68,000 it achieved in November of 2021, the jump was a welcomed change from the bearish conditions so many fans, traders, and investors were privy to in 2022. Bitcoin Saw a Good Month in January The previous year was arguably the worst time for bitcoin and the crypto scene. Bitcoin lost more than 70...

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El Salvador Implements New Law for Regulating Crypto

El Salvador has announced a new law that will place crypto regulation duties in the hands of both state and private entities. The idea is that these entities will hold sway over any digital currencies (except for bitcoin, which has already been declared legal tender in the country) and how they are issued within the borders of the Central American nation. El Salvador Is Working Its Way Up the Crypto Regulation Ladder The goal of the bill is to potentially attract outside...

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Bitcoin Price Analysis: BTC Could Restart Increase To $25K

Bitcoin price started a fresh increase from the $21,500 zone against the US Dollar. The price is now trading above $22,500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $23,240 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,200 support zone. Bitcoin price is rising above $22,500 against the US Dollar. BTC might extend gains...

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The Federal Reserve Is Expected to Implement Tactics That Could Help BTC

The price of bitcoin has shot up in recent weeks and is now trading for over $17K. There is high anticipation that another bull run could be heading our way given that Jerome Powell – the head of the Federal Reserve – is slated to make a speech in the coming days about what the agency’s plans for inflation are. Could the Federal Reserve Aid BTC for Once? It is believed that Powell will announce soft inflation tactics, meaning his organization will be able to incorporate...

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Opinion: 2023 Is Already Looking Like Another 2019 for Bitcoin

At Live Bitcoin News, we’ve talked about how 2022 was reminiscent of 2018, which at one stage, was considered the worst year for bitcoin and crypto. We also mentioned that given the patterns and the similarities we were witnessing, it was possible (and even likely) that 2023 was going to be somewhat of a copy of 2019, which led to a touch of healing for most crypto fans. Bitcoin Looks Like It’s Beginning to Heal While we’re only a few weeks in, we’re thus far being...

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