Bitcoin’s gunning for a record and no one’s talking about it

New York: Three years ago, Bitcoin’s historic surge dominated Thanksgiving dinner conversations. This year, the cryptocurrency is in the midst of another notable rally and yet almost no one’s talking about it. How fevered has Bitcoin’s latest leg higher been? With the coin trading around $16,800, it’s been more expensive in only five other instances in the past decade, Bloomberg […]

Continue Reading

Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets

Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s Cash App, the two companies are buying more than 100% of all […]

Continue Reading

Bitcoin Gains Over 3% To $18,393 Mark: 10 Things To Know

Though highly volatile and still not recorgnised as legal by many central banks, Bitcoin has caught the attention of many investors for its exponential returns. Bitcoin Price Latest News: Cryptocurrency Bitcoin rose more than 3 per cent to touch the $18,393 mark on Friday, extending recent gains to a fifth straight day. The recent gains […]

Continue Reading

Bitcoin Eyes $20,000 And A New All-Time High…

Bitcoin’s steady climb throughout 2020 has kicked into high gear. It recently passed $18,600 and bullish analysts are predicting that $20,000 and a new all-time high is in its future. Unlike in 2017, this time around bitcoin and crypto is also winning converts among noteworthy investors and Wall Street analysts. CEO of $12 billion wealth advisory DeVere Group, […]

Continue Reading

Bitcoin Close To Record High: Price Shoots Past $18,000 And Up 150% This Year

Highlights   Bitcoin saw a surge of 4.8% on Wednesday, leading to its $18,480 valuation. This left the cryptocurrency around 10% shy of its intraday peak value of $19,511, as per data compiled by Bloomberg. The impressive valuation in the past few days marks a 360% increase in Bitcoin’s value since its lowest numbers of […]

Continue Reading

Bitcoin revival unleashes animal spirits and $300,000 forecast

A warmer embrace from the likes of Fidelity Investments and JPMorgan Chase is often cited as a catalyst, as is a decision by PayPal Holdings to allow its customers access to cryptocurrencies Bitcoin mania is back and with it, the return of sky-high predictions from celebrity crypto fund managers to Wall Street stalwarts of where […]

Continue Reading

Bitcoin breaches $10,000 to hit highest level since October

Bitcoin’s rise above $10,000 comes amid an equities rally that’s seen the S&P 500 Index reach new highs as fears abate that the coronavirus will dent global growth Bitcoin is back above $10,000. The largest cryptocurrency’s recent upward momentum carried it past that psychologically significant level on Sunday for the first time since October, according […]

Continue Reading

Bitcoin: the UK and US are clamping down on crypto trading – here’s why it’s not yet a big deal

The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority […]

Continue Reading

Experts predict Bitcoin price rise as US-Iran tensions intensify

Cryptocurrency is becoming flight-to-safety asset for investors amid geopolitical turmoil Escalating tensions between the USA and Iran are likely to drive the price of Bitcoin higher, according to industry experts. Following the US killing of Qassem Soleimani, the commander of Iran’s elite Quds Force, who was in charge of the country’s regional security strategy, Bitcoin […]

Continue Reading

Bitcoin analyst sees ‘perfect backdrop’ for $100K this bull cycle, $1M by 2035

Bitcoin can pass its $20,000 all-time highs within weeks, says Alex Saunders, while Ether only needs a year to beat its own record. Bitcoin (BTC) can hit $100,000 in five years and $1 million by 2035, Nugget’s News CEO Alex Saunders has told Cointelegraph. Speaking in an interview with Cointelegraph Markets analyst Michaël van de Poppe on Nov. 18, […]

Continue Reading