Bitcoin (BTC) topped US$34.000, just weeks after passing another major milestone. The currency gained as much as 7.8 per cent to US$34,182.75, before slipping to about US$33,970 as of 3.05pm on Sunday in Singapore. It advanced almost 50 per cent in December, when it breached US$20,000 for the first time. Read more…
Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC. It is nearly impossible to segregate institutional investors from individual investors through on-chain data. However, the trend shows that investors with large capital are increasingly Read more…
As bitcoin hit a new record high of high of $24,299.75 on Sunday, Elon Musk asked about the possibility of converting “large transactions” of Tesla Inc’s balance sheet into bitcoin, according to a Twitter exchange between Musk and a well-known advocate for the digital currency. Michael Saylor, chief executive officer Read more…
Exactly 3 years have passed since Bitcoin set its previous all-time high just under $20K. Most market participants who caught the rally back then now have a pleasant but unsettling deja vu, because that’s when Bitcoin’s decline began, which subsequently led to the “crypto winter.” There are also some differences this time Read more…
On December 16, the price of bitcoin skyrocketed to hit its highest level ever as the broad crypto market rebounded in a sudden surge. The OG crypto effortlessly cruised past $20,000. Just hours later, bitcoin climbed above the $21K level. And its upsurge has continued. The crypto just set another Read more…
The price of bitcoin has surged to a new all-time high, rising above $20,000 for the first time. The sudden market jump appeared to cause some cryptocurrency exchanges to struggle, as traders sought to either cash out or make a quick profit. Reports of issues with Binance, the world’s most popular bitcoin exchange, coincided Read more…
Bitcoin’s rally this year is different from its previous uptrends as experts investors have been involved in this one, said crypto investors Tyler and Cameron Winklevoss. “The type of investors in this bull run are very different,” Tyler Winklevoss, co-founder of crypto exchange Gemini, said. “They’re super sophisticated institutional investors like Read more…
Last week was one of the most exciting weeks in 2020 for the crypto community, with an abundance of bullish news for Bitcoin and the achievement of a huge milestone for the Ethereum Foundation. Bitcoin’s new all-time high is $19,911, and this price was reached at 11:00 UTC on December Read more…
Bitcoin was trading at $17,011.2 by 03:30 (08:30 GMT) on the Investing.com Index on Thursday, down 11.56% on the day. It was the largest one-day percentage loss since March 12. The move downwards pushed Bitcoin’s market cap down to $322.1B, or 62.65% of the total cryptocurrency market cap. At its highest, Read more…
The Bitcoin price rate has plummeted from $19,450 to $17,200 within a few hours and can currently stabilize at $17,950. Analysts say that the long-term on-chain indicators remain bullish and BTC can again test $20,000. The Bitcoin price reached a new year high of $19,450 and was close to its former all-time Read more…