Tag Archives: BTCGBP

Newfound bullish momentum is omnipresent with Bitcoin’s price throughout the last few days. The cryptocurrency has increased by more than $2,000 since October 6th, and it shows no signs of slowing down. Bitcoin Price Breaks 2020 Highs on PayPal News Throughout the entire month of September, Bitcoin’s price was somewhat stagnant, with a few minor exceptions. This became a cause for increasing worries among cryptocurrency analysts and traders, many of whom were worried that the...

Bitcoin is enjoying several consecutive bullish days, resulting in a break above $12,000. The movement may surprise some. A few days ago, news broke that the popular cryptocurrency exchange OKEx had suspended withdrawals after reports emerged that its founder was taken away by the police. In early October, the owners of another large platform, namely BitMEX, were charged by the US CFTC with illegally operating a derivatives exchange. Similar developments typically lead to...

One of the world’s largest online payment processing companies, PayPal, has joined the cryptocurrency market and it will allow its customers to hold, buy, and sell Bitcoin and other cryptos using fiat currency.  In addition, PayPal customers will be able to spend Bitcoin to shop at over 26 million vendors already included in its network starting early 2021, Reuters reports.  The company has stated that they are “working with central banks and thinking of all forms of digital...

Bitcoin has surged past $12,000 in the past several hours and it came just $200 away from marking a fresh 2020 high above $12,500. Interestingly, the alternative coins haven’t followed BTC’s move upwards, and Bitcoin has increased its dominance over the market. Bitcoin Nears A New 2020 High? The past few days have been quite bullish for the primary cryptocurrency. Ever since Bitcoin dipped to $11,200 on Friday following controversial news from OKEx, BTC has been gradually...

August was a bullish month for altcoin traders as they ranked in profits, forcing Bitcoin dominance to drop below 60% for the first time since the start of the year. However, the altcoin euphoria was shortlived as September brought along the bears. The end of Q3 wasn’t great for Bitcoin traders, but that was expected as September is usually not a profitable month for Bitcoin. In fact, data shows that Bitcoin has lost more in September than in any other month. As expected, the...

Octavio Marenzi, founder and CEO of capital markets consultancy firm Opimas LLC, recently predicted that the current economic situation will shoot Bitcoin’s price “through the roof.” Simultaneously, he suggested that the traditional financial markets will suffer as the COVID-19 fears grow. Opimas CEO: Bitcoin Will Shoot Through The Roof Appearing on RT’s Boom Bust, Marenzi was asked about the current state of the financial world and his prediction by the end of the year. He...

In what seems to be a case of black hat hackers masquerading as the internet’s self-professed Robin Hoods, two charitable organizations have received mysterious bitcoin donations from a cybercriminal group. The generous gesture is worth 0.88 BTC (around $10,000), with the donating hackers wanting to “make the world a better place.” Hacking Corporations To Give Back To The Society? As per the latest report published by BBC, this altruistic act of benevolence coming from online...

Bitcoin price is recovering with yesterday’s surging breakout to $11.8K. The arrival of the new bullish momentum coincided with the US trading markets opening for the week and caused $6 billion to flood back into the crypto space within a few hours. This sharp rise in trading volume has created a third gap on the CME bitcoin futures chart (GAP 3) between $11,490 and $11,405, which will undoubtedly be adding pressure on top of the current uptrend. Not far beneath it is the...

Bitcoin finally made a move in the past 24 hours and surged to a new 7-week high of over $11,800. Interestingly, BTC’s price increase contrasted with the US stock markets as the three most prominent indexes closed yesterday’s trading session with serious losses. Bitcoin Spikes To $11,820 CryptoPotato reported yesterday that Bitcoin had remained relatively calm in the past several days, despite recent negative news. The popular digital asset exchange OKEx suspended withdrawals...

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the...