The soaring interest surrounding crypto assets like Bitcoin, Ethereum, and other altcoins, is highly centralized in the United States compared to the rest of the world. However, a new study shows that India ranks second, behind only the US in terms of overall interest in digital currencies. What’s notable about this new finding, is that…
Anthony Scaramucci predicted Bitcoin’s price will absorb some of the increase in dollar volume. In an interview for CNBC’s Squawk Box program, the Skybridge Capital founder said the stimulus package passed by the administration will be good for BTC holders. Every time we do this, it’s very, very good for the people who own the…
Bitcoin has walked away from pursuing a lengthy downside correction repeatedly this year. The cryptocurrency’s run-up to $58,367 in February attracted a modest selling pressure as the price dipped by 26.30 percent afterward. Similarly, its previous rally above a then-record high of $41,000 followed up with a 30 percent bearish correction. Last week, Bitcoin achieved…
Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. Firstly, Ethereum’s full protocol upgrade to proof-of-stake from proof-of-work blockchain would lead…
Bitcoin price has retraced by more than 10% following new record highs set over the weekend, however, according to one capital manager, the cryptocurrency holding above $52K would keep price action within a long-term rising bull channel. If that happens, the first ever cryptocurrency will remain on track for $100K or more in the coming…
Bitcoin price has pulled back slightly from highs, but the trend has been up for over a year now, and is likely to continue as the nascent technology becomes widely adopted by institutions and traditional market investors. In the future, the cryptocurrency, according to a top industry figure, will become a “report card” of sorts,…
Bitcoin expects to extend its prevailing bull run in the sessions ahead just as the US begins another vast spending program, including direct payments to its citizens who will receive up to $1,400 per person depending on their income and tax filing returns. The flagship cryptocurrency’s prospect of hitting new highs rose after a Deutsche…
Bitcoin fell more than 7 percent on Monday after a whale deposited 18,000 BTC into a Gemini wallet. The flagship cryptocurrency dropped to an intraday low of $54,568 at 0940 UTC, down 7.47 percent into the European session. Its correction started on Sunday after the price reached a new record high above $61,000. Traders used…
Bitcoin price is gaining momentum and it broke the $60,000 resistance against the US Dollar. BTC is showing positive signs and it could continue to rise towards $65,000. Bitcoin rallied above the $60,000 level and traded to a new all-time high near $61,800. The price is now trading nicely above $60,000 and the 100 simple…
Bitcoin price has been an uptrend for a year now, and given the strength of the move and the fact the asset is now at more than $50,000 per coin, begins to bring up the question: when to start selling your coins? According to past crypto bull market data, the final push to the peak…