Tag: bitcoin

Oct 23 2020

Bitcoin Bull Run – What Stands in the Way?

Reading Time: 2 minutesAlmost everyone in the cryptocurrency world is in agreement that, after nearly three years of waiting, Bitcoin is finally...

The Best Place to Short Bitcoin is Above $14K, Analyst Explains Why

Bitcoin bulls will enjoy domination over the market until its price breaches the $14,000-mark, according to Eugene Loza of EXCAVO. The independent market analyst wrote in his note to investors that...

22nd October: Bitcoin Slows down, Ethereum Picking up

On Thursday, 22nd October, Bitcoin slowed down its rising pace, having added $243 by 17:00 UTC. BTC/USD was mainly trending sideways during the day. The pair began the day at $12,835 and edged slightly down below the level of the open in the first five hours of the day, forming a local support level at $12,728.

How Bitcoin Breaks $20K: The Answer Lies in Gold-M2 Correlation

Oct 23 2020 Published at Bitcoinist.com under tags  bitcoin btcusd gold m2 money supply

Bitcoin bulls have repeatedly claimed that the cryptocurrency price will hit $20,000 shortly. While many analysts believe it would happen, some disagree. Popular crypto bull Joe007 said earlier this week that Bitcoin would face liquidity problems if it surges towards $20K. He noted that...

PayPal Announces Cryptocurrency Support

On the 21st of October, PayPal announced the release of a new service which will allow users to engage with cryptocurrency. PayPal, in an official statement, says users will be able to hold, buy, and sell cryptocurrency directly from their account. PayPal also plans...

Oct 22 2020

Bitcoin Creates Strong Tailwind as Traders Rotate Capital into Altcoins

Oct 22 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that forced it lower Unlike the trend seen during fleeting upsurges, Bitcoin did not retrace that far into its recent rally following the rejection at these highs This indicates that bulls are in control...

Trail of Destruction: Bitcoin’s $13,000 Rally Liquidated $360m in Short Positions

Oct 22 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

Bitcoin’s price has stabilized at just below $13,000 following its immense surge seen yesterday The cryptocurrency has been flashing continued signs of strength as of late, and its ability to maintain its recent gains is decisively bullish While looking back on the aftermath of yesterday’s move, its magnitude and influence over the market grows clear According to one data platform, a total of...

Bitcoin Sets New All-Time High In These Global Currencies

Oct 22 2020 Published at Bitcoinist.com under tags  bitcoin brazil btc btcusd btcusdc

Bitcoin price blasted yesterday over $1,000 to a high of $13,200 and has reignited interest in the crypto market once again in a major way. A new 2020 high was set on the BTCUSD pair, but a higher peak over the 2019 top has yet to be reached. Elsewhere in the world, however, the leading cryptocurrency by market cap has just set a...

What will happen to Bitcoin after the PayPal Announcement?

Ever since 2019, Bitcoin is on a steady uptrend, with much optimism and buoyancy. After recovering from a big crash due to the COVID-19, Bitcoin is back at an all-time high price since mid-2019....

Tether, And Not PayPal, Boosted Bitcoin [BTC] Price Above $13,000

Oct 22 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

It nearly 24 hours that payments giant PayPal announced the...

Bitcoin Soars Past $12,000 after Decoupling from Stocks

$12,000 is an important level from the technical analysis perspective of bitcoin. Bitcoin’s bullish momentum has been developing for more than a week and at the moment, BTC is nearly touching the $13,000 level. Many technical analysis experts are eagerly looking at bitcoin and crypto enthusiasts are expecting further gains to come soon.

The Bitcoin mined by Nakamoto

The BTC mined by Satoshi Nakamoto is topic from the earliest days of Bitcoin and many people in the cryptocurrency community are curious about it. Satoshi Nakamoto is the unknown creator of Bitcoin who released the Bitcoin whitepaper in 2008. Evidence suggests that Satoshi either doesn’t have the private keys to access these early coins or is simply not interested in spending them...

Bitcoin Price Prediction: BTC Pieces $13,200, Hitting New Yearly Highs

Bitcoin price paces upwards, trading new 2020 highs above $13,000. BTC/USD bullish outlook has the potential to continue especially without a formidable hurdle ahead. Bitcoin had a smooth sailing in the past few...

OKEx Customers Still in the Dark Over Founder’s Situation

Reading Time: 2 minutes OKEx customers are still in the dark about the state of the exchange and the funds they keep on it Founder Star Xu was removed from the business to speak to officials last week but hasn’t been seen since Deposits and withdrawals are still...

Investors are More Interested in Bitcoin Than Stocks: TD Ameritrade

Oct 22 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt gold paypal

A news segment on TD Ameritrade Network portrayed Bitcoin as a better investment than the US stocks. Lead anchor Oliver Renick, at the end of his six-minute-long market wrapup, claimed that investors are more interested in owning Bitcoin than the equities. He said the cryptocurrency has "a lot to go" since it is the only asset that performed bullish on the positive US...

Bitcoin Skyrockets Above $13,200 After PayPal Announcement

Bitcoin (BTC) was finally able to surpass the $12,500 barrier and reach $13,200 for a short period of time a few hours ago. This massive price move took […]

PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains Why

Oct 22 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt paypal tether

On Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector, leading analysts to believe that the $138 billion global payments firm drove the latest Bitcoin adoption....

Oct 21 2020

Here’s Why This Break Above $12,000 is Different from Past Bitcoin Rallies

Oct 21 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

Bitcoin’s price has seen some significant momentum throughout the past few days The cryptocurrency is currently trading at the highest price it has been at since before the summer rally came to an end This momentum appears to be the result of a confluence of different factors, including growing BTC adoption amongst corporations Just today, PayPal announced that they are planning to rollout...

Institutional FOMO? Mode Global Holdings Adopts Bitcoin as a Treasury Reserve Asset!

FinTech company Mode Global Holdings PLC has declared that it is now the first publicly listed company (PLC) in the UK to approve Bitcoin as a treasury reserve asset on Wednesday (October 21). Mode allotted 10% of its cash reserves to buy Bitcoin Mode ...

PayPal Forays into Crypto Market as Bitcoin Price Explodes Past $12,400

Oct 21 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt xbtusd

Bitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray into the crypto market provided the benchmark cryptocurrency with a serious boost Its price surged all the way up to highs of nearly $12,500 before meeting some resistance, but it does appear to...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: