Tag Archives: BTCEUR

An endless number of economic sanctions imposed by the United States and an endless number of bad policies imposed by the Venezuelan government have led to an increasing love for Bitcoin and other cryptocurrencies in the latin american nation. This week, Pizza Hut, one of the oldest pizza chains in the country began to accept Bitcoin and other digital currencies as payment.On November 27, 2020, Pizza Hut’s customers began to have the option to pay for their orders with cryptocurrency. This...

Bitcoin bulls have successfully regained the $18,000 level today after breaking bullish from a pennant pattern formed yesterday – Saturday, November 28.Over the course of this weekend so far, $30 billion has returned to the global crypto market, which now stands at $540 billion. This has allowed the leading cryptocurrency to recover $1,900 of the $3,250 shed during the sharp correction between November 25-26.This speedy return of bullish momentum puts Bitcoin in a great position ahead of the...

Guggenheim Partners is among the largest investment and advisory financial services companies. The Wall Street giant filed a document with the US Securities Exchange Commission (SEC) to enable one of its funds, dubbed the Macro Opportunities Fund, to allocate millions of dollars in bitcoin.According to the filing, the Fund plans to spend 10% of its net assets on bitcoin through the leading cryptocurrency manager – Grayscale.“The Guggenheim Macro Opportunities Fund may seek investment exposure...

History is not an indicator for future performance, but it’s definitely interesting looking at it, especially when it comes to bitcoin’s price and how it performed in the past.A similarity brought up by a popular crypto proponent, and chartist shows a compelling bullish cycle where BTC’s price is far from having reached its peak just yet.Bitcoin Price: 2013 vs. NowWell-known cryptocurrency advocate CryptoBull brought up an interesting comparison between the price performance of bitcoin from...

After dabbling around $16K – $17K for a few days, Bitcoin has soared back above $18K. Most alternative coins have also increased in value, adding $30 billion to the total market cap in a day.Bitcoin Jumps to $18KFollowing the vigorous price dips from earlier this week that resulted in BTC losing more than $3,000 in hours, the asset consolidated around $17,000 for a few days.Bitcoin charted a few more drops beneath that level. However, the situation changed over the weekend. The primary...

Chinese authorities seized around $4 billion worth of bitcoin and other cryptocurrencies from the notorious crypto Ponzi group PlusToken. This comes after the Chinese police arrested the core team running the scheme in July.Around $4 Billion Worth Of Bitcoin And Crypto Assets SeizedAccording to CryptoPotato’s previous report on the PlusToken saga, the crypto shysters (27 key operators) were arrested by the Chinese police in July earlier this year. Along with them, the police also arrested 82...

Bitcoin’s volatility continues with full force as the asset made another $1,000 move in the past 24 hours. Most alternative coins have marked minor gains following the recent price drops.Stellar has been on a tear in the past week and XLM has found a place in the top ten after a triple-digit surge.Bitcoin Struggles With $17KFollowing the most substantial gains marked in 2020 that led to the yearly high of $19,500, Bitcoin bears took control over the asset. As a result, BTC experienced...

What’s going on with Bitcoin? After triggering everyone’s bullish mood, Satoshi Nakamoto’s creation experienced one of the worst crashes of the year, as if some divine providence was telling traders to take it easy.Analyses are contradictory, but some experts claim that this contradiction happens because there is no real substance to study, and investing in crypto could be dangerously close to gambling territory.BTC Trader = LoserMark Mobius is one of the experts who support this thesis. The...

Bitcoin has a way of surprising people. This week was no exception. A few days ago, almost everyone believed that the cryptocurrency is inevitably headed to a new all-time high. And how could they not? BTC was trading at a few hundred USD below the record from back in 2017. Unfortunately, things took a turn for the worst.Yesterday was undoubtedly a bad day for bitcoin as it plunged a total of around $3,000 in less than 24 hours. From a high of about $19,500 down to $16,200, the bears poked...

2018-like vibes came to haunt bullish bitcoin holders when whales showed up at cryptocurrency exchanges looking to take profits for a ‘filling’ Thanksgiving. Data shows that more than 93,000 BTC (around $1.56 billion) made their way to centralized exchanges after the primary cryptocurrency topped at $19,600.Bitcoin Whales Throng Cryptocurrency Exchanges With 93,360 BTCFrom November 25-26, it was a bloodbath for turkeys and the global cryptocurrency market. But why? Data from blockchain...