[ad_2][ad_1] Bitcoin price remained well supported near the USD 17,500 stage. BTC started a simultaneous improvement and was able to climb above USD 18.00Zero and USD 18,100 again. The price is currently (05:00 UTC) buying and selling near USD 18,200 and it appears that the bulls are aiming for a …
Read More »Bitcoin sell-off escalates among long-term holders, research results
[ad_2][ad_1] Investors who have held Bitcoin for a longer period of time are now selling it to secure immediate profits, according to Glassnode. The on-chain intelligence platform has studied the Bitcoin entities and the offer they hold in their wallets. He then split the result into two categories: long-term owners …
Read More »The price of bitcoin doubles from the halving, with only 3.4 million bitcoins left for buyers
[ad_2][ad_1] The price of BTC has more than doubled since Bitcoin’s third block reward halved in May. Or to be specific, BTC gained 110% from the halving, with prices climbing from $ 8,566 on May 11, 2020 to test $ 18,000 at the time of this writing. According to a …
Read More »Cryptos can outperform other asset classes within 2 years; be aware of the risk
[ad_2][ad_1] Cryptocurrencies as an asset class acquired during the pandemic. The two most popular cryptocurrencies (by trading volume and also by market capitalization) are Bitcoin and Ethereum. Since January, Bitcoin has risen by around 141%, while Ethereum has increased by over 250%. Both are at their three-year highs. Cryptocurrencies are …
Read More »‘Coordinated media FUD’ on Bitcoin from the Financial Times to Fox Business
[ad_2][ad_1] Mainstream media is finally reporting on the recent rally that saw Bitcoin approach its all-time high, but some commentators seem determined to spread FUD. Two articles published today within hours of each other: a Financial Times editorial titled “Bitcoin’s Elusive Promise” and a Fox Business piece called “ Bitcoin …
Read More »Analysis: Has the Bitcoin Bubble Rised?
[ad_1] Analysis: Has the Bitcoin Bubble Risen? The fans hope that “it is no longer what it used to be”Reuters A repeat of 2017: behind the Bitcoin explosion: what is market trading? – Digital currency / blockchaincnBeta Who pushed Bitcoin to a high of $ 18,000?Sina The “big money” transactions …
Read More »Bitcoin, Ripple and Bitcoin Cash – Asian Wrap 20 Nov.
[ad_2][ad_1] There is only 0.5 Bitcoin for every millionaire in the world, but these billionaires are buying them all The latest halving has undoubtedly caused a significant supply shock to the Bitcoin in circulation, resulting in greater scarcity. It seems the race to own BTC is growing as wealthier individuals …
Read More »SEC President: Payment Defects Are Increasing Bitcoin
[ad_2][ad_1] Clayton, speaking on CNBC, said bitcoin’s popularity stems from that disappointment in traditional payments. “What we are seeing is that our current domestic and international payment mechanisms have inefficiencies. Those inefficiencies are the things that are driving the rise of bitcoin,” he said, according to the report. He scolded …
Read More »Ripple’s Brad Garlinghouse wants bitcoin to be successful after all
[ad_2][ad_1] Ripple CEO Brad Garlinghouse may be a critic of Bitcoin (BTC), but he still wants the original cryptocurrency to be successful in the long run. Appearing in a November 19 episode of Fortune’s “Brainstorm” podcast, Garlinghouse allegedly said that Bitcoin is not competing with Ripple and continues to hold …
Read More »Market Wrap: Bitcoin hangs around $ 18K as Ether stuck in DeFi declines
[ad_2][ad_1] Bitcoin has stabilized at around $ 18,000 after record volumes on Wednesday, while Ethereum 2.0 may prompt some investors to move ether away from decentralized finance (DeFi). Bitcoin (BTC) traded around $ 18,026 at 21:00 UTC (16:00 ET). 2.1% gain compared to the previous 24 hours. Bitcoin 24 Hour …
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