Category Archives: Bitcoin

How bitcoin narratives have evolved to fuel current price surge

If the running joke of the late 2017 bitcoin price surge was the image of families discussing crypto around the Thanksgiving dinner table (“Grandma, you should buy litecoin!â€�), the theme of the late 2020 run has been Wall Street hedge fund runners and billionaire investors going on television to say some form of, “I was […]

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Bitcoin sets new price record at $37k

Bitcoin’s incredible rally continues as it sets back to back records after surpassing the $36,000 and $37,000 marks within a few hours Bitcoin’s price rose to a new all-time high earlier today as it traded above $37,700 on various cryptocurrency exchanges. This rally came a few hours after smashing the $36,000 mark as its incredible […]

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Bitcoin slumps, slamming brakes on New Year rally

By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) – Bitcoin fell sharply on Monday, losing ground from a record high of $34,800 touched a day earlier, with traders citing volatility in highly leveraged futures markets. Bitcoin fell more than 14% after earlier touching as high as $33,670, wiping out more than half its 20% rally […]

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Bitcoin is currently the most undervalued crypto asset, says investment manager

Nickel Digital Asset Management CEO Anatoly Crachilov said Bitcoin’s increasing acceptance by the investment community will “propel a natural widespread demand for the assetâ€� and allow demand to outstrip supply Despite its surge in 2020, Bitcoin is still the most undervalued cryptocurrency asset at the start of 2021, according to analysis from one asset manager. Anatoly […]

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Bitcoin Surges Past $35,000 for the First Time, Causing Bitcoin Mining Stocks to Skyrocket

What happened Shares of CleanSpark (NASDAQ:CLSK) are on the rise today and it could be related to the bitcoin mining update it provided yesterday. As of 1:30 p.m. EST, CleanSpark stock was up 30%. In its press release, the company said it has mined almost 35 bitcoin tokens since Dec. 10. This is particularly interesting […]

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No, bitcoin is not “the ninth-most-valuable asset in the world�

You might have noticed that the bitcoin is . . . mooning. No, we don’t mean that the bitcoin bros are showing their bottoms to the rest of the world (well, not literally anyway). What we mean is that bitcoin has been on a skyward trajectory ever since it climbed above $20,000 for the first time ever in […]

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Why Bitcoin, MicroStrategy Stock, and Grayscale Bitcoin Trust Soared Today

What happened  Bitcoin’s price hit a new all-time high above $37,000 on Wednesday after the Democrats picked up two Senate seats in Georgia’s runoff elections. Shares of MicroStrategy (NASDAQ:MSTR) and Grayscale Bitcoin Trust (OTC:GBTC) also rose sharply, closing the trading day up 12.1% and 11.5%, respectively. So what Georgia’s elections effectively gave the Democrats control […]

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