Tag Archives: btcusd

Bitcoin price has erupted through the psychological $17,000 level today. It is now breaking through the first high set way back in January 2018, after the primary cryptocurrency crashed from its all-time high level of nearly $20K. This is the first time Bitcoin has been above the $17,200 mark in 1,066 days. Over the last 40 hours, $32 billion has flooded back into the crypto markets – according to data by CoinGecko. It’s been speculated that one of the main catalysts for this...

Amongst bitcoin and cryptocurrency fund management firms, Grayscale takes the top spot. And so it has proved again by now becoming the owner of 500,000 BTC worth $8.5 billion. This roughly equals 2.4 percent of the cryptocurrency’s total programmed supply. Grayscale Investments Owns Bitcoin Worth $8.5 Billion A few hours ago, Barry Silbert’s crypto fund management firm Grayscale dropped an update regarding its bitcoin stash, now amounting to a massive 500,000 BTC. Grayscale...

Months after the infamous hack on its platform, the social media giant Twitter has appointed a noted hacker as its head of security. Pieter Zatko, also known as “Mudge,” has also testified before Congress, educated President Bill Clinton about DDoS attacks, and worked in Google and the Defense Advanced Research Projects Agency (DARPA). Twitter To Fight Hacks With A Hacker According to the Reuters coverage, the social media platform has appointed one of the “best-regarded...

Maisie Williams, the actress portraying Arya Stark in the Game of Thrones TV series, asked her 2.7 million followers if she should “go long on Bitcoin.” Apart from thousands of responses she received from the community, Barry Silbert, Mike Novogratz, and even Elon Musk weighed in as well. Arya Stark Looks To Buy Bitcoin? Born in 1997, Margaret (Maisie) Williams in an English actress that made her professional debut in 2011 as Arya Stark in the HBO medieval fantasy drama –...

It has been quite a year for Bitcoin, both in terms of price action and adoption. After recording its biggest daily price drop to $3,600 in March due to the COVID-19 pandemic, the cryptocurrency is now trading less than 25% from the all-time high of 2017. Analysts are bullish and believe that bitcoin is poised for even bigger moves, and the digital asset could reach higher highs if the current bullish trend continues. Bitcoin At $1 Trillion Market Cap Interestingly,...

The situation around a possible vaccine for the novel coronavirus COVID-19 continues to develop. Today, Moderna Therapeutics, one of the world’s largest pharmaceutical companies, announced that its preliminary data shows its coronavirus vaccine is more than 94% effective. This sent its stock price higher and major indices, which are all trading in the green following Monday’s market open. That’s not all, however, as bitcoin’s price is also on the rise, charting a new 2020...

The ongoing assault on money laundering in the Chinese telecoms and crypto industry has seen Bitcoin miners facing difficulties in paying electricity bills as banks freeze cards associated with cryptocurrency transactions. Three-quarter of Chinese Bitcoin Miners Can’t Pay for Electricity According to a local news outlet, in a tweet thread on November 16, 2020, Chinese miners were reportedly experiencing difficulties in paying electricity bills. The outlet was able to survey...

Bitcoin is the new gold, said Thomas Fitzpatrick – a Managing Director in the giant multinational bank Citibank. He also predicted that BTC could skyrocket to $318,000 per coin in the upcoming 13 months by exploring several historical price cycles and the ongoing economic uncertainties. Bitcoin Is The Gold Of The 21st Century Fitzpatrick has spent 22 years as the Global Head of Citibank’s G10 Forex business arm called Citi FX Technicals. Apart from analyzing the foreign...

Bitcoin has overtaken the $16,000 price tag after struggling to remain above it during the weekend. Large-cap altcoins have fallen behind with slight decreases, while the DeFi field sees high volatility once more. Bitcoin Reclaims $16K As reported last Friday, Bitcoin’s impressive performance as of late took the asset towards a fresh yearly high of $16,500. After conquering this significant milestone, however, the primary cryptocurrency slumped. The weekend didn’t produce any...

Bitcoin’s price is now back on the key S/R zone (top green bar) between $15,900 and $15,860, as low weekend trading volume puts the brakes on bullish momentum. Since setting a new high of $16,475 on November 13, the leading crypto has printed 4 consecutive lower highs over the 4-hour time frame and is now tracking in a downtrending channel (blue channel). Global Crypto Market Capital chart by CoinmarketcapThe global crypto market capital has also broken away from its...