Tag: xbt

Jan 19 2021

Economist: Ethereum To Repeat Bitcoin Rally To $20K, According To Metcalfe’s Law

Jan 19 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Ethereum is now the second major cryptocurrency from the last bull run to break its former all-time high. One author and economist, however, claims that this is only the beginning of the top altcoin following in Bitcoin's footsteps, and will soon rally to $20,000 mimicking the epic 2017 bull run. Here's the theory behind the lofty price target more than 10 times the...

Jan 18 2021

The Three Factors That Could Topple The Recent Bitcoin Rally

Jan 18 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin has held above $30,000 for nearly two full weeks, and the former all- time high of $20,000 seems like a distant memory. But there are three factors that are only growing in threat that could topple the epic bull run the cryptocurrency has been on. Bitcoin Holds Above $30,000 For Almost Two Weeks, But Strength Could Be Waning The leading cryptocurrency by market...

Jan 15 2021

IMF Survey Overwhelmingly Supports Bitcoin As “Money”

Jan 15 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin was created to be the first ever peer-to-peer electronic cash system, and in its wake, an entire industry of digital assets has since been created. Despite the cryptocurrency's longevity and staying power, there's still debate amongst policy makers, regulators, and even investors, if the asset class should be defined as "money." A recent survey conducted by the International Monetary Fund has...

Jan 14 2021

S2F Creator: Bitcoin Has Yet To Reach “Point of No Return”

Jan 14 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

After shaking off the worst selloff in months without a scratch, the current Bitcoin uptrend seems completely unstoppable. Despite the incredible momentum that took the cryptocurrency from $10,000 to $40,00o in a flash, the creator of the world's most cited valuation model says the asset has yet to reach the "point of no return." When that happens, the real parabolic advance will unfold....

Jan 13 2021

Bitcoin Wallet Maker Ledger Woes Worsen With Rogue Shopify Data Theft

Jan 13 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin hardware wallet maker Ledger has recently put a spotlight on personal financial security after hackers leaked the details of thousands of customers online. Those who sought to protect themselves from criminals instead were pushed into the line of fire. Now the situation for Ledger has gotten much worse, after an email to customers was distributed informing them of yet another data security...

Jan 12 2021

Recent Bitcoin FOMO Sends Lost Key Holders Scrambling, Losing Sleep

Jan 12 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price recently doubled its former peak and set a new high above $40,000 per coin. The feat put the cryptocurrency back in the headlines as investors celebrated their success. But it isn't a happy story for all Bitcoin holders, many of them who have lost coins over the years. Instead, the rally has prompted a three-fold increase in users who are scrambling...

Jan 11 2021

Bitcoin Prepares To Paint Its Largest Daily Candle In History, And Its Bearish

Jan 11 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is trading at over $33,000 at the time of this writing, but that's nearly $9,000 away from the high it set days ago. And while the cryptocurrency is still well above 2020 prices, the asset's largest-ever daily candle in terms of total price moved is forming and it is shaping up to be bearish. What does this mean for the bull...

Jan 08 2021

Google Trend Sentiment Breaks Down, Will Bitcoin Follow?

Jan 08 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin is above $40,000, after starting the new year below $30,000, and less than one year ago trading at under $4,000. The asset's trajectory has been "only up" but could Google search trends for the first-ever cryptocurrency breaking down be a sign that the bullish uptrend will soon as well? The Unstoppable Bitcoin Bull Run That's Trending All Over The World The world...

Jan 07 2021

Bitcoin Becomes 16th World’s Largest Currency, What’s Next?

Jan 07 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin is everywhere in 2021, and there isn't any area of the world of finance that the cryptocurrency hasn't begun to cut into. The asset's booming market cap puts it in front of some of the largest publicly-traded companies in the world. The recent rally has also helped the cryptocurrency become the 16th largest world currency overall, trailing directly behind the Russian ruble....

Jan 06 2021

Altcoins Soar Alongside Bitcoin, Crypto Market Cap Nears $1 Trillion

Jan 06 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is just under $35,000 and altcoins like Ethereum, Litecoin, and many DeFi tokens are once again heating up. The combined capital pouring in has resulted in the total crypto market cap within striking distance of $1 trillion. When the asset class finally reaches $1 trillion in value, will the rest of the world of finance finally begin paying attention to more...

Jan 05 2021

Milestone: Bitcoin Inches Closer To Achieving $10 Trillion In Value Transferred

Jan 05 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin was designed by the pseudonymous Satoshi Nakamoto as the first way to transfer value electronically without the need for a third-party intermediary such as a bank. The cryptocurrency is only just over 12 years young, yet after this latest rally, it is about to reach an incredible milestone of over $10 trillion in value transferred across the network. Here's why this is...

Jan 04 2021

Bitcoin Weekly “Relative Strength” More Powerful Than Record 2017 Rally

Jan 04 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price over the holidays touched nearly $35,000 per coin, starting off 2021 with an enormous bang. Last week's candle was the largest in the asset's history, dollar for dollar, with over $8,000 added from open to the top of its wick. It also resulted in such a powerful reading on the weekly Relative Strength Index, it now trumps the momentum seen in...

Jan 01 2021

Analyst: “Don’t Sweat” Bitcoin Buy In Price, $300K Is Coming

Jan 01 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin is trading at just below $30,000 per coin at the start of 2021, and all signs point to the coming year being the cryptocurrency's best year yet. FOMO has only just begun, and is so strong currently, any corrections have been minimal and bought up in days. Those who keep waiting for a "dip" to buy shouldn't "sweat" a thousand dollars per...

Dec 30 2020

M1 Money Supply Arms Race: Bitcoin Overtakes 23 Countries In 2020 Alone

Dec 30 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

2020 will go down in history for various reasons. While the pandemic took center stage, the emergence of Bitcoin, stimulus money, and unprecedented fiat money printing have been critical themes economically. The ballooning effect of national currencies printing fiat money to offset the impact of the pandemic, caused the global M1 money supply to expand exponentially. Despite this, however, Bitcoin's rank in the...

Dec 29 2020

Here’s What History Says To Expect From Bitcoin In 2021

Dec 29 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin has had an explosive breakout year as a maturing financial asset,. The cryptocurrency is finally being considered by institutional investors for the first time, during a year that will go down in history for unprecedented money printing. The asset's hardcoded digital scarcity is a primary driver of its boom and bust cycles, and in the year following each block reward halving, magic...

Dec 28 2020

The Factor That Could Lead To Much Higher Prices This Bitcoin Bull Run

Dec 28 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price reached more than $28,000 over the holiday weekend, giving investors extra to celebrate as the bizarre year of 2020 comes to a close. Analysts are mixed — some warn Bitcoin has topped out based on technicals while others look to fundamentals and other factors unique to this cycle such as the emergence of institutional buyers to support...

Dec 24 2020

Christmas Eve Data: Ho-Ho-Holders of 1 Bitcoin Or More Grow Year Over Year

Dec 24 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt christmas

With Bitcoin price well over $20,000, chances are the cryptocurrency will be a topic during holiday dinner table discussions once again this year. Investors in "digital gold" in 2020 are especially merry right now, after a 500% rally from yearly lows. Data taken from each Christmas Eve to the next shows that it isn't just holiday cheer that is spreading, and that wallets...

Dec 23 2020

Ledger Leak: Bitcoin Investor Threatened With Kidnapping, Murder

Dec 23 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

This week, a leak related to a Bitcoin cold storage wallet manufacturer's customer database was escalated when a hacker exposed its true severity. Instead of the initial over 9000 customers Ledger claimed were affected, there were actually 270,000 individuals that had their name, address, phone number, and more made public. Each passing day, the impact of the leak begins to spread and show...

Dec 22 2020

How Bitcoin Is The Solution To What One Billionaire Calls America’s Greatest Risk

Dec 22 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin has been trading over $20,000 for well over a week now, resulting in more mainstream media coverage, and a wider scope of coverage in the world of finance. It has caused investors, analysts, and billionaires of all kinds to be questioned on their thoughts about the trending cryptocurrency. Responses are a mix of wild speculation and healthy skepticism. In an interview with...

Dec 21 2020

Bitcoin And Crypto PSA: How To Protect Yourself From The Ledger Leak

Dec 21 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Among the first advice crypto investors are given when buying Bitcoin or altcoins, is to immediately get a hardware wallet and move any newly bought coins to cold storage for safe-keeping. But unfortunately for the crypto community and the potential safety of their digital assets, top hardware wallet manufacturer Ledger has suffered a critical customer database leak, exposing the personal details and even...

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