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Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020
30.12.2020
The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets...
Bitcoin Returns Above USD 28K, Altcoins Send Bullish Signs
30.12.2020
After a minor decline, bitcoin price started a fresh increase above the USD 26,500 and USD 27,000 levels. More importantly, BTC broke the USD 27,250 resistance level. The price even spiked above USD 28,200 and it is currently (05:00 UTC) consolidating gains.
Similarly, there were positive moves...
Production to Begin on USD 540m Crypto-themed TV Drama 'Pumping Time'
30.12.2020
Source: Adobe/Pixel-Shot
A South Korean TV drama production company is set to launch a major series that will focus on crypto and blockchain-related matters - with a bumper budget of over USD 2.7m per episode.
Per Financial News, major A-list celebrity actors from South Korea, China, and the United...
New York Approves Its First Publicly Available Japanese Yen Stablecoin
29.12.2020
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses...
Vauld Raises $2 Million to Establish Stronghold in India
28.12.2020
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised...
Ethereum Rallies Above USD 700 While Bitcoin Consolidates and XRP Drops
28.12.2020
In the past few days, bitcoin remained in a positive zone above the USD 25,000 level. BTC even surged above USD 26,500, and traded to a new all-time high above USD 28,300 before correcting lower. The price is currently (05:00 UTC) consolidating near USD 27,000 and it could continue higher in...
Bitcoin Approaching USD 28K with Market Capitalization Over USD 0.5 Trillion
27.12.2020
The most popular cryptocurrency, bitcoin (BTC) accelerated its rally, hitting USD 25,000, USD 26,000, and USD 27,000 in less than a day and is now approaching USD 28,000, while its market capitalization jumped above USD 0,5 trillion.
At the time of writing (08:22 UTC), BTC trades at USD 27,838...
Bitcoin Nears USD 26K After Smashing USD 25K On The Same Day
26.12.2020
The most popular cryptocurrency, bitcoin (BTC), is on a Christmas bull run as its price hit USD 25,000 for the first time in its history today and jumped to almost USD 26,000.
At the time of writing (17:16 UTC), BTC trades at USD 25,813 and is up by 7% in a day and in a week. The price rallied...
Bitcoin Now Hunts USD 25,000, Altcoins Gain Bullish Momentum
25.12.2020
After forming a strong support base above USD 22,700 and USD 23,000, bitcoin started a steady increase. BTC broke the main USD 23,500 and USD 24,000 resistance level to start a fresh rally. It is currently (13:00 UTC) up over 5% and it traded to a new all-time high near USD 24,680.
Similarly, most...
Bitcoin Keeps Failing Near USD 24K, XRP Drops Even More
24.12.2020
Bitcoin topped near the USD 24,000 resistance zone and started a fresh decline. The price traded below the USD 23,200 support level and is currently (05:00 UTC) struggling to recover.
Similarly, most major altcoins are gaining bearish momentum, including ethereum, XRP, EOS, XLM, LINK, BNB,...
MicroStrategy Has Now Over USD 1bn in Bitcoin, New & Old Hacks + More News
21.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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US-based business intelligence company MicroStrategy confirmed that it had purchased an additional approximately BTC 29,646...
BTC Hovers Below USD 24K as Investors Watch Elon Musk, New Stimulus, and Crackdown
21.12.2020
Elon Musk. Source: A video screenshot, Youtube, Bloomberg.
A Twitter exchange between two of the United States’ prominent businesspeople has possibly added fuel to the bitcoin (BTC) rally this weekend, while the US announced a new coronavirus stimulus package and a regulatory crackdown.
Tesla chief...
Pre-Christmas Rally Brings Bitcoin to USD 24K, Litecoin Outshines Again
19.12.2020
After cooling down for a couple of days, the most popular cryptocurrency, bitcoin (BTC) accelerated its pre-Christmas rally and for the first time in its history hit the USD 24,000 level. As is usual this week, the top cryptoasset was outperformed by its smaller peers.
At pixel time (17:16 UTC)...
Megan Thee Stallion Hops On Jack Dorsey's Bitcoin Train With USD 1m Ticket
18.12.2020
Megan Thee Stallion. Source: Twitter/@theestallion
At the time when bitcoin (BTC) is hitting its new all-time highs, yet another celebrity has clambered aboard the BTC gravy train, which is now building up an unseeingly unstoppable head of steam – as rap star Megan Thee Stallion took to Twitter...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
Bitcoin Touches USD 22K, Outperformed By XRP and Litecoin
17.12.2020
After surpassing USD 20,000 for the first time since December 2017 yesterday, bitcoin (BTC) advanced by another USD 2,000 in less than a day. While BTC dominance increased, the top coin is not the best performer in the top 10 club today.
At pixel time (04:47 UTC), BTC trades at USD 21,787 after...
The Big Comeback of 2020: Bitcoin Revisits USD 20,000
16.12.2020
Source: Adobe/4K_Heaven
It finally happened on December 16th, 2020. The most popular cryptocurrency, bitcoin (BTC) just revisited the USD 20,000 level on multiple exchanges for the first time since December 17th, 2017, when it touched USD 20,089.
At pixel time (13:49 UTC), BTC trades at more than...
Bitcoin Just Shy of USD 20K, Altcoins Show Positive Signs
16.12.2020
After forming a support base above USD 19,000, bitcoin price started a fresh increase. BTC broke the USD 19,500 resistance and it even spiked above USD 19,800. The price traded to a new yearly high above USD 19,880 and it is currently (13:00 UTC) eyeing a break above USD 20,000.
Similarly, there...
Exchanges Send More USD 1M Bitcoin Transfers as Investors Look For a Hedge
16.12.2020
In 2020, exchanges have reportedly been sending 19% more bitcoin (BTC) transfers worth USD 1m or more, as investors are looking for a hedge against inflation and devaluation.
BTC has been rallying recently, even hitting a series of all-time highs before correcting downwards. The market is actually...
Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’
15.12.2020
The highly anticipated Bank of America fund manager survey has been published, and this December fund managers who participated in the survey are sweeping up risk assets. The asset managers have dropped cash for the first time in close to seven years, as levels are down 4%. Moreover, strategists...