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Following another consecutive all-time high, this time above $24,000, bitcoin retraced to about $23,500. Some large-cap altcoins such as Binance Coin and Litecoin have doubled-down on their recent gains, with BNB nearing $35 and LTC painting a new yearly high of over $120.BTC’s New ATH And The Subsequent RetracementAfter the highly volatile bullish week that resulted in breaking above $20,000 and a new all-time high of nearly $24,000, bitcoin took a little break, showing signs of...

Bitcoin doesn’t seem to have any intentions of slowing down. After it breached the coveted $20,000 mark earlier this week, the primary cryptocurrency is on its way up, charting new highs almost daily.Bitcoin’s price just surged past $24,000 for the first time in history. With a current daily high of $24,217 on Bitstamp, this is also the new all-time high of the cryptocurrency.With this, BTC returns to price discovery and high volatility in the following hours or even days is perhaps to be...

COVID-19 and bitcoin’s face-melting rally above $20,000 are undoubtedly amongst the major events in 2020. And as it happens, the former has played a greatly significant role in the latter’s occurrence. Which, in turn, has clarified one thing. The 2017 rally was a result of retail FOMO and hysteria, while the ongoing 2020 bitcoin run is much more solid (due to institutional involvement). And could continue well into 2021.But with current BTC prices trending above $23,000, what’s the future...

Nigeria is the world’s second-largest Bitcoin peer-to-peer market, according to recent information curated from CoinDance and published by Quartz. Nigeria Follows The USThe data gathered from leading peer-to-peer bitcoin exchange Paxful between May 2015 and November 2020 shows that the United States ranks first with a total trading volume of 535,660 BTC ($3.76B) within the period.Nigeria takes the second position with a total of 60,215 BTC ($5П267M) traded within the last five years compared...

Bitcoin’s highly-volatile days continued with wild moves of almost $1,000 that took it from $23,300 to $22,400 and vice versa. Most large-cap altcoins have remained relatively calm, with Ethereum trading mostly around $650. Binance Coin, though, has increased by 5% and finally trading above $30.Bitcoin’s Price Sideways ActionAs reported recently, bitcoin initiated a massive bull-run following consolidation around $19,000 for a few days that resulted in breaking into uncharted territory above...

This was the week the entire cryptocurrency community has been waiting for. Bitcoin finally broke $20,000, setting a fresh new all-time high. But it was far from being done yet.After breaching the coveted $20,000 mark, BTC went on a rampage, taking down one target after another. Before the run was finally calmed down, the primary cryptocurrency had taken for the sky and reached its current all-time high at around $23,800.However, this also drove a lot of fresh capital to the entire market....

With bitcoin climbing to new all-time highs, the cryptocurrency has garnered the attention of centralized financial institutions. Goldman Sachs Group Inc. offered its views on the market and said that BTC’s rise shouldn’t threaten gold’s position as the inflation hedge of choice as both assets can coexist.Bitcoin And Gold Can CoexistEver since bitcoin’s creation, the primary cryptocurrency has been largely compared to the yellow metal due to some of the common attributes, such as the limited...

Following the massive surge towards a new all-time high of nearly $24,000, bitcoin dipped and calmed around $23,000. Some alternative coins, such as Litecoin and Ripple, have added value in the past day resulting in the total market cap tapping $670 billion.Bitcoin Paints A New ATH And Slides To $23KBitcoin consolidated around the $19,000 mark for a few days before initiating an impressive leg up that resulted in breaking a few records.Initially, the primary cryptocurrency breached above...

On December 18, Coinbase Global announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC).The announcement cites Form S-1, which is the initial registration form for new securities required by the SEC for public companies that are based in the U.S. Any company or security that meets the criteria must have an S-1 filing before its shares can be listed on a national exchange.The SEC Form S-1, required by companies intending...

Bitcoin shows no signs of slowing down as the cryptocurrency market continues to expand. Over the past day alone, the total capitalization has surged by more than $50 billion and now stands above the $600 billion mark.Bitcoin Price Surges Above $21,000Earlier today, as CryptoPotato reported, BTC finally managed to break above the coveted $20,000 level for the first time in history, hence charting a new all-time high.To say that everyone expected what followed next, however, would be an...