Tag Archives: BTCEUR

Bitcoin bulls have managed to buy up another dip today after prices slumped $650 during the morning’s early hours. This is the second significant price crash to have taken place over the last 48 hours, with BTC tumbling $1,000 yesterday to a low of $17,600 before correcting (marked by a white arrow on the following chart).According to popular crypto analyst Willy Woo, there has been a substantial spike in the number of ‘Bitcoin days destroyed’ recently. This refers to the number of bitcoins...

Sean Ono Lennon, the son of John Lennon, believes that Bitcoin empowers people in a way they haven’t experienced before.In a recent conversation with Max Keiser, Lennon also noted that BTC is a breath of optimism in an otherwise destructive year.Lennon: Bitcoin Empowers PeopleThe son of the founder and co-lead vocalist of the Beatles, John Lennon, is a British-American musician and songwriter with several albums. Apart from following his father’s footsteps in music, Sean Ono Lennon is...

Bitcoin has become an even more attractive investment instrument in the past few months as its price has grown substantially. The number of BTC hodlers with at least 1,000 coins has surged to new highs, according to new data.Bitcoin HODLers On The RiseBitcoin has been on a tear since early October resulting in several consecutive yearly highs. The latest one took BTC to nearly $19,000. Meaning, that the cryptocurrency has almost doubled its value in less than two months.Typically, such...

Bitcoin’s volatility continued over the weekend with a few $1,000 moves taking it from a high of $18,800 to $17,700 and back. The altcoins, however, have kept their recent momentum going and have reduced BTC’s dominance over the market to about 63%.Bitcoin’s Volatile WeekendThe primary cryptocurrency displayed increased signs of volatility during the weekend. It started with charting a fresh yearly high on Saturday at nearly $19,000.After coming just inches away from breaking the 2017...

When Bill Harris, former CEO of PayPal, described Bitcoin as “the greatest scam in history” in an article for Vox, the last thing that would come to his mind was the role his company would play in the global adoption of this cryptocurrency.This was in 2018, just when Bitcoin was on a major bearish trend. The bubble —as Harris described it— exploded. But things changed, a new CEO replaced Harris and Bitcoin’s price slowly recovered. Well, slowly until PayPal jumped on the Bitcoin...

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

The Chief Investment Officer of the world’s largest asset manager, BlackRock, believes that Bitcoin and cryptocurrencies are here to stay. Although he hasn’t invested in BTC, Rick Rieder asserted that Bitcoin could “take the place of gold to a large extent.”BlackRock’s CIO Believes In BitcoinFounded in 1988 in New York, BlackRock is an American global investment management corporation. In fact, it’s the world’s largest asset manager with over $7 trillion in AUM as of the end of 2019.Its CIO,...

Bitcoin’s booming price seems to be attracting new investors. Data from the analytics company Glassnode indicated that the BTC network has just registered the highest number of newly created address in nearly three years.Bitcoin FOMO Kicking In?The primary cryptocurrency has been on a massive roll in the past few months. The days of dabbling around the $10,000 price tag in early September are long gone. In fact, BTC has nearly doubled its price since then.During the past month alone, Bitcoin...

After running a 12-month test, U.S.-based digital asset investment management DAiM has announced the launch of the first employer-sponsored 401(k) plans that use bitcoin as a base currency. According to the announcement today, DAiM notes that the new service is compliant with the Retirement Income Security Acts of 1974 (ERISA) and will be fully available from 2021. Allocating Up To 10% To BitcoinThe crypto manager said it would work closely with companies and serve as an advisor and custodian...

Bitcoin initiated another impressive leg that resulted in charting a fresh new 35-month high at nearly $19,000. Only a few percentages from December 2017 all-time high. The altcoins have also painted notable price pumps, including a 25% surge for Ripple.Bitcoin Is Less Than $1K From Its ATHJust about five days ago, Bitcoin was struggling with decisively overcoming the $16,000 price tag. However, the primary cryptocurrency went on a roll since then, which drove it to $18,500 a few days ago....