Category Archives: Bitcoin

Ethereum Cofounder Reveals ‘Underrated’ Bitcoin And Crypto Bull Case Amid Massive Price Rally

Bitcoin has exploded since October, climbing from its long-time $10,000 per bitcoin support level to never-before-seen highs of almost $35,000. The bitcoin price added over 300% through 2020, a rally that included a 50% crash in March amid the coronavirus meltdown. Meanwhile, ethereum, the world’s second-largest cryptocurrency, has rallied even harder—soaring 600% over the last […]

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Bitcoin hits record high on 12th anniversary of its creation | Technology

Bitcoin has surged to a record high amid rising interest from investors and claims that the volatile cryptocurrency is on the way to becoming a mainstream payment method. Having quadrupled in value during 2020, bitcoin began 2021 strongly by breaking through the $30,000 (£22,000) mark for the first time, less than three weeks after first […]

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Bitcoin could quadruple in 2021 as the digital currency sees a rally similar to 2017, Fundstrat’s Tom Lee says | Currency News | Financial and Business News

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Bitcoin’s near 300% surge in 2020 could be followed up by an even stronger performance in 2021, according to Fundstrat’s Tom Lee. In an interview with CNBC on Wednesday, Lee said bitcoin could quadruple in 2021 as the crypto asset experiences a similar parabolic setup that occurred in […]

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Bitcoin is booming and Israel’s blockchain infrastructure and security startups hold a major key to the cryptocurrency revolution

At least three Israeli blockchain startups have recently announced about completing major funding rounds: Unbound Tech, Celsius, and Fireblocks. Blockchain payments infrastructure startup Simplex has also announced the launch of its latest products, solutions that enable crypto exchanges and wallets to simplify the buying and selling of crypto assets.
 
The blockchain industry […]

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Bitcoin surges past $30,000 as record-breaking rally resumes

Bitcoin has surged above $30,000 for the first time, extending a record-breaking rally that saw the cryptocurrency increase by more than 300 per cent last year. With trading in mainstream financial markets yet to get going in 2021, bitcoin has resumed its dizzying ascent, rising 18 per cent in the first few days of January […]

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1,000 Decade-Old Dormant Bitcoins Moved Today on Bitcoin’s 12th Anniversary

12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior. At approximately 18:15:05 UTC, the network launched its first block and since then, over 664,000 bitcoin blocks have been mined. Moreover, on the 12th anniversary of the network coming to life, a […]

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The price of bitcoin shows there’s an asset market bubble. So how and when will it pop?

Anyone who makes markets predictions is settling themselves up to look silly, but when on Saturday the price of bitcoin went through $30,000 (£21,605) – well, that just seemed clear bubble territory.   Of course bitcoin can go higher. Reuters reported that Sergey Nazarov, cofounder of Chainlink, a global blockchain project, thinks it will eventually […]

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While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated

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, […]

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Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion

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 […]

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Close, but no cigar! Here are 2020’s worst Bitcoin price predictions By Cointelegraph

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 […]

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