Home / Tag Archives: coronavirus

Tag Archives: coronavirus

Inigo Fraser-Jenkins Has Become a True BTC Fan

It’s always pleasurable to see a one-time bitcoin skeptic get turned into a believer, and that appears to be the case with Inigo Fraser-Jenkins, the co-head of portfolio strategy at Bernstein Research.Fraser-Jenkins: I See BTC Differently, NowIn a recent note to his clients, he has commented that everyone needs to make room in their portfolios for bitcoin and other cryptocurrencies. What’s the big clincher? Fraser-Jenkins was once a bitcoin skeptic, but he now appears to be far more...

Read More »

Bitcoin Adds Another $400 to Its Price

Bitcoin – the world’s number one cryptocurrency by market cap – has shot past the $18,200 mark at the time of writing. Yesterday, the currency was trading for about $400 less, which in turn, was an $800 jump from its previous price of around $17,000. This was a $2,000 drop from its previous price of $19,000, the highest it had been all year.Bitcoin Continues to Recover From its Recent FallThis is just more proof that the fall was likely a major fluke of sorts. A jump to $19,000 is quite a...

Read More »

Bitcoin Strikes $19K for First Time Since 2017

The price of bitcoin has shot up to the $19,000 range for the first time since the end of 2017. The currency is well underway to hit its all-time high again within the next few days or weeks.Bitcoin Continues to Prove ItselfBitcoin has a had a rough and tumble year in a lot of ways, but for most traders, the currency has proven itself to be a strong, resilient and worthy asset. Portfolios everywhere bearing crypto and bitcoin are likely seeing sharp rises as the currency is now trading for...

Read More »

Ricardo Salinas Pliego Says It Was His Government That Made Him Get Involved in BTC

It looks like bitcoin has found another big fan. The second-richest person in Mexico – Ricardo Salinas Pliego – says he has just made a major investment in the digital currency, but it looks like it wasn’t FOMO or even a newfound love of crypto that inspired him to get involved. Rather, it was fear of his own government.Pliego Has Ten Percent of His Portfolio in BTCThis year has been negative in many ways, though it can easily be said that 2020 was the year for bitcoin. The currency has...

Read More »

New Crypto Report Discusses Heightened Level of Digital Asset Adoption

A new report details just how widespread crypto adoption has become in recent months. The report – entitled “Cryptocurrency Market – Growth, Trends and Forecasts (2020 – 2025)” – has even been added to the website ResearchAndMarkets.com, suggesting that more people are interested in learning about crypto as of late.Crypto Report: Bitcoin Adoption Is at an All-Time HighThe coronavirus pandemic has been one of the most ravaging things to strike the globe in recent times. While quite a bit of...

Read More »

Analysts: Bitcoin Continues To Be Viewed as a Hedge Tool

Bitcoin continues to solidify its position as a potential tool for hedging one’s wealth, according to most analysts. The world’s number one cryptocurrency by market cap garnered this newfound reputation during the early days of the COVID pandemic, and it doesn’t seem to be letting up anytime soon.Bitcoin Has a Swelling ReputationThe idea has emerged in recent months that bitcoin is somehow safer and more stable, even, than assets like gold, and far stronger than the U.S. dollar, which is...

Read More »

Bitcoin Continues to Move Up the Financial Ladder

The price of bitcoin just keeps shooting up, up, up. Thus, it looks like 2020 is shaping out to be one hell of a year in many ways. The currency – which just a day or so ago was trading for around $16,800 – has just shot up another $1,000, and the currency is now trading for well over $17,700, the highest it’s been in a long time.Bitcoin Just Continues to Shoot NorthIt’s been mentioned that bitcoin could potentially hit its all-time high of roughly $20,000 by the time we’re ready to say hello...

Read More »

Bitcoin Adds $1K to Its Price; Trades For Just Under $17K

It just goes to show you that bitcoin should never be held in doubt. The currency – which had recently fallen by about $400 to around $15,800 – has shot up by more than $1,000 and is now trading for approximately $16,800. As we edge closer and closer to the holiday season, it appears more likely that bitcoin will potentially repeat its 2017 patterns and hit the $20,000 mark.Bitcoin Is on a Serious RollThe currency has had a very up and down year, but as of late, the asset is dead set on the...

Read More »

PayPal Gives All US Customers Access to Crypto Service Options

PayPal is clearly moving as quickly as it can. Just a few weeks ago, the company announced that it was changing its platform so that users could potentially purchase cryptocurrencies such as bitcoin and Ethereum. In addition, customers could also pay for items and services utilizing digital assets.PayPal Removes All Recent RestrictionsWell today, it looks like all of PayPal’s cryptocurrency services are being made available to all customers in the United States, suggesting that the company is...

Read More »

Bitcoin Strikes $16,000; Highest It’s Been in Three Years

The bitcoin price is still on the rise. The world’s number one cryptocurrency by market cap has just hit the $16,000 mark for the first time since January of 2018. It is now less than $4,000 away from its all-time high, which it attained in December of 2017.Bitcoin Strikes Its Largest Territory in YearsThe year has been very up and down for the currency, and yet for the most part, the asset has seen one of its strongest periods. It was back in March when the asset first fell from around...

Read More »