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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...
Skybridge Bitcoin Fund Launches With $25 Million: Anthony Scaramucci Expects ‘Avalanche of Institutional Investors’
23.12.2020
Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about to see that wave of early adoption by...
These 4 key Bitcoin price metrics clearly reflect traders' bullish optimism
22.12.2020
Multiple Bitcoin price metrics show traders are still bullish on BTC even after the drop below $22,000
Bitcoin Remains In Bullish Trajectory, Bitcoin Cash Rallies
21.12.2020
Bitcoin price is trading in a positive zone above the USD 23,000 support zone. BTC is currently (05:00 UTC) trading above USD 23,800 and it seems like it could surge past USD 24,200. If there is a downside correction, the USD 23,000 support could play a crucial role.
Similarly, most major altcoins...
Spain Gets Bullish for Bitcoin as Hotel Booking Site Inks Crypto Pay Deal
18.12.2020
The hotel booking service provider Mirai has sealed a deal with Criptan, a Spanish crypto platform operator – a move that will see over 1,200 hotels in the country getting an option to accept payments in cryptoassets such as bitcoin (BTC).
In a blog post, the accommodations booking site announced...
Bitcoin and Altcoins Trend Turns Overwhelmingly Bullish
17.12.2020
There was upside continuation in bitcoin price above the USD 22,000 resistance level. BTC even broke the USD 23,000 resistance and traded to a new all-time high near USD 23,800. The price is currently (13:00 UTC) correcting gains below USD 23,200, but it could restart its rise in...
Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market
17.12.2020
The prices of the latest generation mining rigs have gone up 35% since the beginning of November, according to Hashr8. The observed price increase comes as Bitmain and Microbt are reportedly sold out until May 2021. As a consequence of the supply of mining rigs failing to meet the demand, some...
Several Major Bullish News For Bitcoin and Ethereum + More
16.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
One River Asset Management, a hedge fund specializing in volatility bets, has already invested over USD 600m in cryptoassets and...
No Need to Convince Shareholders – Microstrategy’s Investors Already Sold on Bitcoin, Says Analyst
16.12.2020
Investment banker Ellie Frost has put out a Twitter thread showing that four of Microstrategy’s top 10 shareholders had already been bullish on bitcoin before Michael Saylor company’s big dive into the digital asset. According to Frost, Microstrategy did not have much convincing to...
Governments Paralyzed by Pandemic and Politics Are Bullish for Crypto
15.12.2020
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology...
P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume
15.12.2020
A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume...
Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins
15.12.2020
E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s...
Bitcoin price suddenly regains bullish momentum with $20K in sight
13.12.2020
The price of Bitcoin has broken through crucial resistance in weekend trading
Bullish divergence, TD9 'buy signal' align for a new Bitcoin relief rally
12.12.2020
The Bitcoin 4-hour price chart is seeing a bullish divergence and a TD9 buy as hopes for a relief rally rise
Cointelegraph Consulting: Institutions are bullish on Bitcoin, but is retail?
11.12.2020
Charts and data from the last two weeks show retail traders have flipped bearish and the BTC buying has stopped
‘Insanely bullish’: Glassnode CTO predicts BTC price will 10X from here
11.12.2020
Glassnode’s Rafael Shultze-Kraft has shared several on-chain metrics that he believes suggest Bitcoin will comfortably charge into six-figure price-thresholds in future
Bitcoin and Altcoins Struggle To Gain Bullish Momentum
10.12.2020
After a strong recovery wave above USD 18,200, bitcoin price faced a strong resistance. BTC is struggling to clear the USD 18,500 level and it might start a fresh increase. The price is currently (13:00 UTC) stuck near USD 18,200, with a major support at USD 18,000.
Besides, most major altcoins...
Citigroup Downgrades Microstrategy to ‘Sell’ Rating Over ‘Aggressive’ Bitcoin Purchases
9.12.2020
Citigroup has downgraded the Nasdaq-listed, pro-bitcoin Microstrategy to a “sell” rating after the company announced that it would offer $400 million convertible senior notes to buy more bitcoin. Microstrategy currently holds about 40,824 bitcoins. Citi Analyst Uncomfortable With...
3 Bullish News For Bitcoin From Fidelity, JPMorgan & Microstrategy + More
9.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
Fidelity Digital Assets (FDA) will allow its institutional customers to pledge bitcoin (BTC) as collateral against cash loans in...
Market Wrap: Bitcoin Steadies at $18.7K; Big Ether Options Position Around $1,120 Isn’t Bullish
8.12.2020
The bitcoin market dipped again Tuesday while traders have scooped up ether options at the $1,120 price level