Bhushan Akolkar

Blog Info Coingape
Blog website Link
Stats Has written 71 posts about cryptocurrency

Dec 01 2020

Bitcoin (BTC) Turning Out A Hedge Against Gold As Its Decouples From the Yellow Metal

Bitcoin (BTC) continues to build strong momentum as a potential inflation- hedge and store of value as it gains an edge over Gold. With the BTC price moving closer to $20,000, it has started decoupling itself from the yellow metal....

Bitcoin (BTC) Gives Highest Ever Monthly Closing At $19,700 in November 2020

Over the last two days, Bitcoin (BTC) has given a phenomenal move as its trades just short of its all-time high of $20,000. On Monday, November 30, the world's largest cryptocurrency gave...

Nov 30 2020

BTC Surges Past $19,200, Grows Bigger In Size Than MasterCard With $356 Billion Market Cap

The Bitcoin Price surge continues to challenge traditional financial players outgrowing some of the big companies in size. The BTC price has surged 6.41% today moving past $19,200 levels hitting its new 2020-high. Bitcoin (BTC) is currently...

ECB President Christine Lagarde Pushes The Use of Digital Euro to Complement Cash

Christine Lagarde, the current president of the European Central Bank (ECB), has once again spoken in favor of the Digital Euro. In her recent interview with the L’ENA hors les murs magazine, Lagarde speaks about the future of money...

Investor Raoul Pal To Liquidate All Gold to BTC and ETH, Backs Crypto Regulations

Investor Raoul Pal who's very popular among the crypto circles has made a big revelation recently. On Monday, November 30, Pal plans to liquidate all his Gold holdings and put it all at work by buying Bitcoin...

Nov 29 2020

Bitcoin (BTC) Surges 5% Above $18,000 As Guggenheim’s Entry Sparks Excitement

Nov 29 2020 Published at Coingape under tags  bitcoin news bitcoin price btcbrl btcbusd btcdai

After consolidating a while at around $17,200 levels, BTC price has once again surged 5.74% today surpassing $18,000 levels. At press time, Bitcoin (BTC) is trading at a price of $18,054 with a...

Nov 27 2020

BTC Slips Below $17,000 As Bitcoin Whales Are Ready for the Dump

Bitcoin bulls should take a moment of caution as this might not be the right time for accumulation. As per the latest reports, Bitcoin Whales have accelerated depositing of their BTC holdings to exchanges. Meaning, we can possibly...

Nov 26 2020

BTC’s 5% Crash Gives Peter Schiff One More Chance to Rant About Bitcoin Bubble

Nov 26 2020 Published at Coingape under tags  apple bitcoin crash bitcoin news btcbrl btcbusd

In a broader crypto market correction, Bitcoin has tanked over 5% slipping below $18,000 levels by losing more than $1000 in a flash. This crash comes just at a time when BTC was making efforts...

Nov 25 2020

ETH-BTC Correlation Drops Below 50% Signalling Bull Run Ahead

Nov 25 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

In the latest development, crypto market analysts from Skew have stated that the ETH-BTC correlation has dropped below 50% for the first time since January 2018. The drop in the correlation indicates that we might...

Grayscale Bitcoin Trust (GBTC) Surges Past $10 Billion Assets Under Management

Nov 25 2020 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale...

Nov 23 2020

Ethereum Classic All Set for The Thanos Hardfork Upgrade on November 29

Nov 23 2020 Published at Coingape under tags  altcoin news dai-etc etcbtc etc defi etceth

The ETC Core developer team at the Ethereum Classic Labs recently announced the new Ethereum Classic network upgrade with the upcoming "Thanos" hard fork on November 29. The decision arrived after a...

Ethereum 2.0 Deposit Contracts Gather Steam As ETH Price Approaches $600

Nov 23 2020 Published at Coingape under tags  altcoin news defi ethaud ethbkrw ethbrl

The Ethereum 2.0 launch remains the hot topic of discussion within the Ethereum community. Earlier this month, Ethereum developer Afri Schoedon...

Nov 21 2020

What Happens When Bitcoin [BTC] Enters “Price Discovery Mode”?

Currently, at $18,727, Bitcoin (BTC) is looking for one final push above its all-time high of $20,000. However, this year's rally is backed by major institutional participation with some big players in the financial space pouring...

Last Week 3 Bitcoin Funds Added 24,337 Bitcoins as BTC Price Approaches $19,000

Nov 21 2020 Published at Coingape under tags  bitcoin funds bitcoin news btcbrl btcbusd btcdai

Bitcoin funds continue to add more Bitcoins in huge numbers as the BTC price approaches $19,000 on Friday, November 20. Over the last week, three of the top four Bitcoin funds have accumulated nearly...

Nov 20 2020

Grayscale Ethereum Trust Gets SEC Nod As the First Public-Quoted ETH Investment Product

Nov 20 2020 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

In a major development, the United States Securities and Exchange Commission (SEC) has given its approval for the Grayscale Ethereum Trust (ETHE) as the first public quoted ETH investment product in the country. Thus, shares of...

Nov 19 2020

Grayscale Litecoin Trust AUM Jumps Over 70% In November, LTC Price Up by 45%

Cryptocurrency Litecoin (LTC) is making huge moves gaining over 36% over the last week alone. At press time, Litecoin (LTC) has jumped 14.42% hitting its new milestone of $80.75. The cryptocurrency has added a whopping...

Bitcoin Whales Dominate BTC Price Movement and Ownership Even Today

Bitcoin (BTC) journey over the last month has been absolutely phenomenal as the world's largest cryptocurrency trades close to $18,000. Surging over 60%, BTC has caught the attention of retail investors and institutions alike....

Nov 18 2020

Crypto-Friendly OCC Chief Hints At More Crypto Banks Coming Soon

As the cryptocurrency market marches ahead for the next bull run, the buzz for crypto banks is on the rise. In his recent interview with Forbes, Brian Books, the acting chief of the Office of the Comptroller of the...

ETH Price Breakout Imminent As Ethereum Eyes $500 Levels

Nov 18 2020 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

While Bitcoin (BTC) is on a roll hitting new 2020 highs, Ethereum (ETH) is following the cue. At press time, Ethereum (ETH) is trading at a price of $491 with a market cap of $55 billion. The world's second-largest...

Nov 17 2020

Weekly Per Hour Bitcoin (BTC) Purchase Jumps 50%, Net Buyers Dominate Miner Selling

Bitcoin (BTC) price hits its new 2020-high as it inches closer to the $17,000 mark. At press time, Bitcoin (BTC) is trading at $16,615 with a market cap of $310 billion. Over the last month, the BTC price has appreciated over 50% as the...