“The cryptocurrency may consolidate for a short period before moving higher into Christmas,” said Chris Thomas, head of digital assets at Swissquote Bank. Indeed, further notable gains look unlikely in the short term, as the cryptocurrency’s 60% rally from $9,800 to $15,900 seen over the past two months looks overstretched, Read more…
Legendary investor Bill Miller says that this is the right time to buy Bitcoin as the fundamentals are getting stronger every day. According to his interview given to CNBC on Friday, the legendary investor said that the bull market will be good for growth and traditional value. In his interview with the CNBC, legendary Read more…
On November 7th at 12:37am EST, observers on the Bitcoin blockchain noted that a number of Bitcoins were moved from a wallet that had not been moved since 2010. According to researchers from Btcparser.com, around 1000 ‘sleeping Bitcoins’–totalling roughly $15.5 million–were sent in a single transaction. The BTC’s owner also Read more…
Bitcoin price continues to break new grounds today as bulls prepare to take on the $14,900 resistance. Since the bottom of the brief dip yesterday at 08:00 UTC, $24 billion has been added to the market with most of it being piled into BTC. Bitcoin dominance has now broken over Read more…
The Bitcoin price seems unstoppable at the moment, having reached another annual high today and the highest level since January 2018. At the time of going to press, the Bitcoin price had risen to USD 14,479, an increase of around 5.0% over the last 24 hours. Even bearish news, such as the Read more…
Bitcoin (BTC, +0.64%) was trading at $13,580 at time of writing, representing a 3.3% decline on the day. The fall reversed a rally to $14,000 seen late on Tuesday, according to CoinDesk’s Bitcoin Price Index. The cryptocurrency had begun losing ground during the early Asian trading hours after media reports projected a victory Read more…
Fewer Bitcoin investors and users are sending their BTC to crypto exchanges. This is according to data from CryptoQuant that highlights that the Bitcoin inflow transaction count of all crypto exchanges has hit a three-year low. The team at CryptoQuant shared this information via the following tweet with an accompanying chart highlighting Read more…
Iran has resorted to a new crypto currency regulation that required licensing bitcoin miners to sell their coins directly to the Central Bank for use to fund imports. Reports published by bitcoins.com said the Iranian government has amended its crypto currency regulation to enable the country’s central bank to fund Read more…
One of Bitcoin’s primary arguments over the years has been its ability to sidestep an exclusionary financial system to provide effective inclusion. However, a top tech executive is casting doubts over the asset’s ability to deliver on that promise. In a speech at the Fortune Global Business Forum earlier this week, Ajay Banga, Read more…
Bitcoin, the most valued cryptocurrency since its creation has been the topic of discussion in the cryptocurrency market for weeks now. Since the cryptocurrency broke above the $10,000 mark, which it has since been dabbling between, the perceived bull run began to make headlines as analytical predictions have increased in their numbers. Read more…