Category: Bitcoin

Bitcoin climbs towards all-time high after topping $19,000

Bitcoin climbs towards all-time high after topping $19,000

Bitcoin moved to within a whisker of its all-time high on Tuesday, after hitting $19,000 for the first time in nearly three years.

Bitcoin is COVID immune

Bitcoin is COVID immune

The SARS-CoV-2 coronavirus pandemic has left a significant footprint on the global economy. For this reason, it had a substantial impact on the behavior of all financial instruments, including cryptocurrencies. It turns out that the fluctuations experienced by the virtual currency market during this period reflect changes in other capital and commodity markets. This market has also shown relative stability during this difficult time. It is another proof that cryptocurrencies can be treated as a mature and full-fledged financial instrument.

Whodunit? The $1 Billion Bitcoin Election Day ‘Heist’ Mystery Solved

Whodunit? The $1 Billion Bitcoin Election Day ‘Heist’ Mystery Solved

A long-dormant Bitcoin wallet was emptied of more than 69,000 BTC on election day, leading to claims that hackers had just got away with a heist worth nearly $1 billion. So whodunit?

Has Bitcoin Finally Met Its Match?

Has Bitcoin Finally Met Its Match?

Bitcoin has reigned as the undisputed king of cryptocurrencies since it was created a little over ten years ago.

Bitcoin, Ether Slump; Banks Can Now Back Stablecoins

Bitcoin, Ether Slump; Banks Can Now Back Stablecoins

CRYPTO MARKETS
Bitcoin slumped with the stock market Monday, falling more than 5%, after miners began selling at a higher rate on Sunday. Ether cooled off as well, and the average DeFi token has slumped 30% to 40% in recent weeks.

If Bitcoin Crashes Below $10,000 It’s All Over—Here’s Why

If Bitcoin Crashes Below $10,000 It’s All Over—Here’s Why

Bitcoin has declined sharply this week, losing over 5% in under 24 hours and causing traders to nervously eye the psychological $10,000 per bitcoin level.

Bitcoin Prices Climb To Their Highest In More Than A Year

Bitcoin Prices Climb To Their Highest In More Than A Year

Bitcoin prices rallied this morning, surpassing $12,000 and attaining their loftiest value since late last Summer. The cryptocurrency reached $12,198.17 around 10 a.m. EDT, after spending the last few weeks fluctuating primarily between $11,000 and $12,000, CoinDesk figures show. While bitcoin managed to rise above $12,000 today, we need more data before concluding that the digital currency…
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Bitcoin’s Hedge Fund Sharks Are Swimming With The Whales

Bitcoin’s Hedge Fund Sharks Are Swimming With The Whales

Bitcoin is doing that thing again. After a 50% slump in the cryptocurrency’s price to about $4,000 in mid-March, when Covid-19 panic was gripping the financial markets, it has bounced back to trade at about $11,200. Veteran crypto-watchers have seen this rapid shift from fear to greed many times before, and know it can have…
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EU Strikes Stimulus Deal; Bitcoin Price Rallies

EU Strikes Stimulus Deal; Bitcoin Price Rallies

Bitcoin – Last night, the European leaders agreed to pass a historic stimulus of €750 billion euros ($858 billion dollars). The recovery fund’s goal is to rebuild the EU economies ravaged by COVID-19. The European Commission plans to raise the money in the financial markets, rather than injecting new money into the system. Approximately half…
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‘Bitcoin Is In, Real Estate And Gold Are Out,’ Warns ‘Rich Dad, Poor Dad’ Author

‘Bitcoin Is In, Real Estate And Gold Are Out,’ Warns ‘Rich Dad, Poor Dad’ Author

Bitcoin’s popularity among traditional investors has grown over recent months as governments and central banks take drastic measures to offset the economic damage wrought by the coronavirus pandemic. The bitcoin price, after rebounding strongly from a coronavirus-induced March crash, has been treading water for the last two months—despite a raft of seasoned investors announcing their intent to buy into…
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