Category Archives: Bitcoin

2020 was great for bitcoin but now analysts are worried about a correction

Bitcoin has exited 2020 with a bang. Extending its recent run-away rally, the digital currency jumped to a fresh record high of $28,933 on Thursday. Unlike in the past, bitcoin has now caught the fancy of institutional investors and is gaining acceptance as a futuristic store of value. Global fund manager survey by BofA Securities […]

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Crypto FinTech Opens Physical Branch; Miami Mayor Eyes Bitcoin

Share Tweet Share Share Share Email Indian FinTech Cashaa and the country’s United Multistate Credit Cooperative Society teamed up to launch what they say is the world’s first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. The new brick-and-mortar branch is located in Jaipur and the backers say they hope […]

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Bitcoin price faces the last roadblock before $30,000

The price of Bitcoin (BTC) has reached a new all-time high above $29,400 across major exchanges on Jan. 1. In other words, BTC is just 2% away from reaching the psychological resistance level at $30,000. Breaking $30,000 could fuel renewed confidence in the market with the last remaining technical roadblock right below this level.  BTC/USDT 4-hour […]

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The Accused Fraudster Behind the Bitcoin Boom

A critic of Covid-19 lockdown measures, Saylor exhibits many of the libertarian-inflected tendencies of the Bitcoin true believer. For him and his ilk, Bitcoin is an asset in which funds may be parked (and hopefully grow in value) while mostly outside the reach of the government-managed economic system. Like goldbugs, they have a distrust of […]

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From Bitcoin to Asian tech stocks, these are the biggest winners and losers of the 2020 global markets

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Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White […]

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Bitcoin Approaching $30k As Crypto Market Booms Heading Into 2021 – Deadline

As the year draws to a close, not only is the US stock market approaching record highs, but a touted alternative to the existing financial system is also booming. Bitcoin is now trading over $29,000 per single coin, up more than 24% in the last seven days alone. It’s blown past its previous high of […]

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Gold Or Bitcoin In 2021? Probably Both, But Bitcoin Will Shine More Brightly

Bitcoin outperformed Gold in 2020, and it will do so again in 2021. getty Bitcoin is barely a decade in existence while Gold has been the go-to commodity investment in times of turmoil throughout human history. No matter what the New Year brings, the cryptocurrency will outperform the ancient metal in investment portfolios again in […]

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Bitcoin price: ‘Next target $35,000’ after 170% rise in 2020 | City & Business | Finance

Bitcoin pioneer Mr Keiser recently tweeted: “$28,000 bitcoin confirmed. Next short term target $35,000.” This was followed by a suggestion that money printing by central banks, particularly the US Federal Reserve, was driving the price of bitcoin higher. Mr Keiser tweeted: “The price of bitcoin has no ceiling because the amount of US dollars that […]

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Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet

Bitcoin (BTC) trading around $28,775 as of 21:00 UTC (4 p.m. ET). Gaining 7.3% over the previous 24 hours. Bitcoin’s 24-hour range: $26,796.90 to $28,969.90 (CoinDesk 20) BTC above its 10-hour and 50-hour moving averages, a bullish signal for market technicians. Another day, another all-time high in bitcoin as the cryptocurrency changed hands as high […]

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