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Bitcoin Breaks USD 54K, Ethereum and Altcoins Start Fresh Surge


Bitcoin price started a steady increase after it settled above the main USD 50,000 resistance. BTC even broke the USD 52,000 resistance and gained over 5%. It is currently (05:00 UTC) showing positive signs, possibly moving towards USD 55,000 and USD 55,800. Similarly, most major altcoins started...

Crypto Fever Back in South Korea, Average USD 7B Per Day Transacted


A new report from South Korea appears to show that the latest rush in bitcoin (BTC) and altcoin investment in the country is “now higher than three years ago,” and that it’s not all about the new wave of Korean “crypto moms” – younger folk are also laying down some serious capital in their...

FC Barcelona Presidential Election Gets A USD 72M Crypto Twist


A leading candidate for the presidency of FC Barcelona, one of the most famous football clubs in the world, claims he has negotiated a deal that would reportedly see a Hong Kong crypto exchange become the club’s main shirt sponsor in a deal worth USD 71.7 million a year. Per BeSoccer, the claims...

Bitcoin Consolidates Below USD 50K, Ethereum, Altcoins Extend Decline


Bitcoin price started a downside correction from the USD 52,500 zone. BTC settled below USD 50,000, but it remained stable above USD 48,000. It is currently (13:30 UTC) consolidating and it might climb back above USD 50,000. Besides, most major altcoins are showing a few bearish signs. ETH traded...

Bitcoin Fails Above USD 52K, Ethereum and Altcoins Correct Gains


Bitcoin price spiked above the USD 52,000 resistance, but it failed to remain stable. BTC started a fresh decline below the USD 51,000 support. It is currently (05:00 UTC) trading below USD 50,000 and it seems like there are chances of more downsides. Besides, most major altcoins are also...

Bitcoin Returns Above USD 50,000 In Less Than A Week


The most popular cryptocurrency, bitcoin (BTC) is rallying above the USD 50,000 level again after leaving this zone less than a week ago and dropping below USD 44,000 on Sunday. At the time of writing (09:42 UTC), BTC trades at USD 51,154 and is up by 4% in a day and 5% in a week. From the top...

Bitcoin Targets USD 50K Again, Ethereum, Altcoins Hold Supports


Yesterday, bitcoin corrected gains and traded below USD 48,000. However, BTC remained well bid above the USD 47,000 level and it is currently (05:00 UTC) rising. The main resistance is now near USD 50,000, above which there are chances of a strong increase in the near term. Besides, most major...

Bitcoin Struggles Near USD 50K, Ethereum and Altcoins Consolidate Gains


Bitcoin price recovered above USD 48,000 and it tested the USD 50,000 resistance. BTC is currently (12:30 UTC) consolidating above the USD 48,000 support zone. It might make another attempt to clear USD 50,000 as long as there is no close below USD 48,000. Besides, most major altcoins are holding...

Bitcoin Plays With USD 50K, Ethereum, Altcoins Gain Bullish Momentum


Bitcoin price started a steady increase above USD 45,000 and it even surpassed USD 48,000. BTC tested the USD 50,000 resistance and it is currently (05:00 UTC) consolidating gains. The price could continue to rise if the bulls gain strength above the USD 50,000 resistance. Besides, most major...

American Music Producer Makes USD 11.7M in NFT Sales


3Lau. Source: A screenshot, Instagram/3lau The link between crypto, blockchain and the music industry is growing increasingly strong, after an American electronic dance music producer set a new high for non-fungible token (NFT) sales, raising some UD 11.7m in the sale of 33 unique items – with...

MicroStrategy Spent USD 15M on Bitcoin Dip


One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just used the recent bitcoin (BTC) correction to increase their BTC stash. Per CEO Michael Saylor, the company has purchased an additional BTC 328 for around USD 15m in cash at an average price of USD 45,710...

Bitcoin Is 'Perfect' For The USD 20T Global Collateral Market - Research


Bitcoin (BTC)'s unique features make it a perfect collateral asset, providing it with major potential to capture a share of the global collateral market which is estimated at close to USD 20trn, according to Norwegian crypto-focused research firm Arcane Research. “Based on our calculations and data...

Coinbase Aims For USD 1B Direct Listing This Year


Today, US-based major crypto exchange Coinbase filed to go public via USD 1b direct listing on the Nasdaq Global Select Market under the symbol COIN this year. In the filing with the US Securities and Exchange Commission, the company said it had 43m verified users last year and 2.8m monthly...

Defeated Donald Trump-themed NFT Sells for USD 6.6 Million


The resold NFT by Beeple. Source: A screenshot, Nifty Gateway The non-fungible tokens (NFTs) market is showing signs of hotting up to unprecedented levels – with a Donald Trump-themed piece of digital art fetching a staggering USD 6.6m in a resale deal. The artwork was created by popular digital...

MicroStrategy's Bitcoin Stash Surpassed USD 4.5B And They Want More


One of the most bullish non-crypto companies, US-based software developer MicroStrategy, confirmed it recently acquired BTC 19,452, increasing its stash to BTC 90,531 (USD 4.5bn). In their latest deal, the Michael Saylor-led company spent USD 1.026bn (inclusive of fees and expenses) paying...

Bitcoin Still Above USD 50K, Ethereum and Altcoins Gain Momentum


Bitcoin price remained stable above USD 48,000 and it even settled above USD 50,000. BTC is now facing hurdles near USD 51,500 and USD 52,000. It is currently (12:30 UTC) trading above USD 50,000 and the bulls could possibly attempt a break above USD 52,000. Besides, most major altcoins are gaining...

Bitcoin Rebounds From USD 45K, Ethereum and Altcoins Pair Losses


Bitcoin price extended its decline below the USD 50,000 support level. BTC even declined below the USD 47,500 support level and tested USD 45,000. However, the price rebounded sharply, jumping to almost USD 49,000 (12:58 PM UTC) and trimming its daily losses to 8%. Similarly, there was a strong...

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