All posts by techfans

While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has been extremely low in comparison to the total number of shorts in mid-March 2020. On Saturday, January 2, 2021, when the price of bitcoin surpassed $33k, […]

The post While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated appeared first on TechFans.

Digital currency markets have seen decent gains this weekend as bitcoin touched another all-time high (ATH) on Saturday afternoon. Meanwhile, a number of other crypto assets have seen significant price rises as well, as the entire market capitalization of all 7,500+ digital currencies in existence is hovering above the $800 billion mark. The $800 Billion […]

The post Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion appeared first on TechFans.

Close, but no cigar! Here are 2020’s worst Bitcoin price predictions Pundits and crypto analysts love to issue (BTC) price predictions regardless of how volatile the asset class is. In 2017, there were calls for BTC’s price to hit $35,000–$50,000, and of course, a few brave souls predicted that the price would top $1 million […]

The post Close, but no cigar! Here are 2020’s worst Bitcoin price predictions By Cointelegraph appeared first on TechFans.

The price of Bitcoin (BTC) surpassed $34,700 to achieve a new all-time high after a strong overnight rally. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, also surpassed $800 for the first time since May 2018. Bitcoin’s sudden rally comes as a surprise because it corrected sharply to around $30,300 on Jan. 2. Within […]

The post Bitcoin going parabolic toward $35K as Ethereum breaks $800: What’s next? appeared first on TechFans.

Investors said limited supply of bitcoin – produced by so-called “mining” computers that validate blocks of transactions by competing to solve mathematical puzzles – has helped power upward moves over recent days. Some also saw it as a safe-haven play during the COVID-19 pandemic, akin to gold. “It’s very likely that the asset will eventually […]

The post Bitcoin leaps past $US30,000 as traders eye legitimacy appeared first on TechFans.

Bitcoin soared to a new record high above $33,000 on Saturday and has tripled in value in the past year. Investors have been attracted to the cryptocurrency as the US dollar has weakened and with the Federal Reserve expected to leave interest rates near zero for several years, well known names are adding to bitcoin’s […]

The post Bitcoin soars to a new record above $33,000 Saturday appeared first on TechFans.

BloombergQuint’s Big Decisions podcast gets you the insights you need to make big money decisions with confidence. Bitcoin’s trading since it was discovered more than a decade ago has been volatile. Along with a host of other cryptocurrencies, the digital token has garnered a growing tribe of proponents and an equal number of detractors. Bitcoin […]

The post Bitcoin Is Crying Out For A Place In Your Portfolio. Beware Of The Risks. appeared first on TechFans.

(CNN Business) — Bitcoin has been flirting with the $30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued at above $33,000, an all-time high. Bitcoin has tripled in value during 2020, growing steadily even as the stock market plunged in the early days of the pandemic. Investors […]

The post Bitcoin Price Sets New All-Time High Soaring Past $33,000 appeared first on TechFans.