Category Archives: Bitcoin

First Mover: Bitcoin’s Plunge to $31K Shows How Bullish Market Had Become

Bitcoin (BTC) suffered its biggest pullback in four months, tumbling 9% after a seven-day winning streak that took prices to a new all-time high of $34,347 on Sunday.  “Bitcoin is having a much-needed reset,â€� Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk. Some analysts saw signs that cryptocurrency traders might be rotating out […]

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Bitcoin tumbles back to $30,000 in volatile trading

Bitcoin has delivered a stark reminder of the volatility that has deterred many mainstream investors from the cryptocurrency, dropping heavily in value since the all-time high above $34,000 set on Sunday. The price of a coin crashed below $30,000 in Monday trading, falling as much as a fifth from that record intraday high. It then […]

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Blockchain Bites: $10B in Bitcoin Futures, Price Wobbles and Liquidations

Bitcoin topped $34,000 for the first time this weekend and has since seen a double-digital correction in price. The cryptocurrency’s most recent rally came as the Bitcoin network celebrated its 12th Genesis Block day, on Jan. 3 – the anniversary of when the first bitcoin block was mined in 2009. Top shelf CBDC experimentUkraine plans […]

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Ether soars above $1,000 as bitcoin sets another record

Ethereum creator Vitalik Buterin. Ether, the native currency of the Ethereum network and the second most valuable cryptocurrency, has soared above $1,000 for the first time since 2018. The rise is part of a broad cryptocurrency boom inspired by the continued rise in bitcoin’s price. Last month, bitcoin rose above $20,000, smashing its previous all-time […]

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Bitcoin slumps, slamming brakes on New Year rally

FILE PHOTO: A representation of virtual currency Bitcoin is seen in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration Banks Tom Wilson 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 […]

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SkyBridge Enters Bitcoin Market With New Allocation, Fund Offering

NEW YORK, Jan. 4, 2021 /PRNewswire/ — SkyBridge Capital, a leading global alternative investment firm, today announced the launch of the SkyBridge Bitcoin Fund LP, which provides mass-affluent investors with an institutional-grade vehicle to gain exposure to Bitcoin. Additionally, on behalf of its flagship funds, SkyBridge initiated a position, valued at approximately $310 million at […]

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Bitcoin price – LIVE: Cryptocurrency value soars to new all-time high

Bitcoin is on a record-breaking run, rising by more than 400 per cent in price since March to hit a new all-time high on 17 December. The notoriously volatile cryptocurrency reached above $23,000 on Thursday, having traded below $5,000 just nine months ago. Other major cryptocurrencies have also experienced considerable gains during this time, including […]

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Bitcoin price prediction: Can cryptocurrency continue its record-breaking run in 2021?

The third great price rally in bitcoin’s history is underway. Having risen in value nearly 10-fold since last March, the parallels with similar bull-runs in 2013 and 2017 are indisputable. What is less certain is whether this latest all-time high of $34,481, which it hit on Sunday, is the end of bitcoin’s latest run of […]

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Bitcoin breaches $34,000 as rally extends into new year

Bitcoin, the world’s largest cryptocurrency, topped $34,000, just weeks after passing another major milestone. The currency gained as much as 7.8% to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore. It advanced almost 50% in December, when it breached $20,000 for the first time. The latest gains top an […]

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