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Litecoin (LTC) Emerges the Only Challenger to Bitcoin (BTC) On Weekly Charts

Bitcoin (BTC) is growing stronger and consolidating its market dominance during the recent volatility. Recently, BTC price surged past $25,000 levels to hit its new all-time high. However, it has retraced marginally back to $24,807 but is still up 5% on the daily chart. While Bitcoin continues to dominate the weekly market performance, the only

Bitcoin (BTC) is growing stronger and consolidating its market dominance during the recent volatility. Recently, BTC price surged past $25,000 levels to hit its new all-time high. However, it has retraced marginally back to $24,807 but is still up 5% on the daily chart. While Bitcoin continues to dominate the weekly market performance, the only

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Bitcoin News

Bitcoin (BTC) Jumps 3% Above $23,700 As SkyBridge Capital Launches $25 Million Bitcoin Fund

Bitcoin (BTC) price is back above $23,500 as institutional funding into Bitcoin continues! The BTC price has jumped over 3.3% on news that SkyBridge Capital has announced the launch of its $25 million Bitcoin Fund. As reported by Yahoo Finance, SkyBridge Capital’s new Bitcoin fund aims to “democratize” investing in the crypto space while offering

Bitcoin (BTC) price is back above $23,500 as institutional funding into Bitcoin continues! The BTC price has jumped over 3.3% on news that SkyBridge Capital has announced the launch of its $25 million Bitcoin Fund. As reported by Yahoo Finance, SkyBridge Capital’s new Bitcoin fund aims to “democratize” investing in the crypto space while offering

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Bitcoin News

Bitcoin (BTC) Is Less Volatile Than Tesla (TSLA) Stock Says CoinShares’ Analyst

Drawing an interesting comparison, CoinShares’ chief strategy officer explains the analogy of volatility by comparing Bitcoin (BTC) with Tesla (TSLA) shares. Both these asset classes have been the top performers this year and favorite among the investors’ community. Demirors notes that Bitcoin (BTC) is much more “less volatile” than the Tesla shares (NASDAQ: TSLA). Speaking

Drawing an interesting comparison, CoinShares’ chief strategy officer explains the analogy of volatility by comparing Bitcoin (BTC) with Tesla (TSLA) shares. Both these asset classes have been the top performers this year and favorite among the investors’ community. Demirors notes that Bitcoin (BTC) is much more “less volatile” than the Tesla shares (NASDAQ: TSLA). Speaking

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Bitcoin News

Shortage in Stores of Value Could Lead to Bitcoin Panic Buying

Industry analysts and researchers have noted that the narrative for buying safe haven assets such as Bitcoin or gold will only strengthen as cash and bonds are earning near-zero yields. Bitcoin prices reclaimed their record high of just over $24,000 a few hours ago indicating that the rally has yet to run out of steam.

Industry analysts and researchers have noted that the narrative for buying safe haven assets such as Bitcoin or gold will only strengthen as cash and bonds are earning near-zero yields. Bitcoin prices reclaimed their record high of just over $24,000 a few hours ago indicating that the rally has yet to run out of steam.

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Bitcoin-Institutional-Buying
Bitcoin News

Institutions Are Coming for Your Bitcoins (BTC) As USDC Whales Make Massive Deposits on Coinbase

On Saturday, December 19, Bitcoin (BTC) surged past $24,000 levels but has been moving sideways since then and is currently flirting around $23,500. However, the party doesn’t seem to end anytime soon. Crypto analyst King Young Ju points out that USDC whales have been making massive deposits at the Coinbase exchange. He notes that whenever this

On Saturday, December 19, Bitcoin (BTC) surged past $24,000 levels but has been moving sideways since then and is currently flirting around $23,500. However, the party doesn’t seem to end anytime soon. Crypto analyst King Young Ju points out that USDC whales have been making massive deposits at the Coinbase exchange. He notes that whenever this

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Bitcoin News

Bitcoin Surges 15% to Record High of $22,400, Where Will it Go Next?

December 17 marks the highest price Bitcoin has ever made and the rally is showing no signs of slowing down. Within the past hour, Bitcoin prices reached a new all-time high of $22,400 according to Tradingview.com charts using Coinbase as a reference. The move has added a monumental 14.9% to the price of the asset

December 17 marks the highest price Bitcoin has ever made and the rally is showing no signs of slowing down. Within the past hour, Bitcoin prices reached a new all-time high of $22,400 according to Tradingview.com charts using Coinbase as a reference. The move has added a monumental 14.9% to the price of the asset

Bitcoin News
Bitcoin News

Bill Update: Lawmakers Optimistic on $748 Billion Stimulus Bill, BTC Price Approaches $20k Again

On one side the congress leaders are trying to get on same page for the Friday deadline of stimulus and spending bill, Bitcoin is fast approaching its all time high of 20k again. The bitcoin and crypto community is eagerly waiting for the congress to pass $748 Billion stimulus and spending bill that might boost

On one side the congress leaders are trying to get on same page for the Friday deadline of stimulus and spending bill, Bitcoin is fast approaching its all time high of 20k again. The bitcoin and crypto community is eagerly waiting for the congress to pass $748 Billion stimulus and spending bill that might boost

Bitcoin News
Bitcoin News

The latest U.S. Treasury Hack Will Further Increase People’s Trust In Bitcoin (BTC)

While you might be continuing to think that your money is safe with the banks, but in reality, it’s neither safe with the U.S. Treasury as well. On the evening of December 13, the U.S Government acknowledged reports that the U.S. Treasury and the agency linked to the Commerce Department have been breached by foreign

While you might be continuing to think that your money is safe with the banks, but in reality, it’s neither safe with the U.S. Treasury as well. On the evening of December 13, the U.S Government acknowledged reports that the U.S. Treasury and the agency linked to the Commerce Department have been breached by foreign

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Bitcoin-Institutional-Buying
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Bitcoin (BTC) Liquidity Crisis Is Coming As Institutions Build Long Term Positions

“We are just getting started!” that’s what Grayscale director Michael Sonnenshein said two days back in an interview with CNBC. Grayscale runs one of the biggest Bitcoin Funds – Grayscale Bitcoin Trust (GBTC) – that manages over $10 billion worth of assets. Interestingly, the director’s comments soon after Guggenheim Partners filed with the SEC to

“We are just getting started!” that’s what Grayscale director Michael Sonnenshein said two days back in an interview with CNBC. Grayscale runs one of the biggest Bitcoin Funds – Grayscale Bitcoin Trust (GBTC) – that manages over $10 billion worth of assets. Interestingly, the director’s comments soon after Guggenheim Partners filed with the SEC to

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Grayscale-Bitcoin-Trust-GBTC
Bitcoin News

Bitcoin (BTC) Surges 5% Above $18,000 As Guggenheim’s Entry Sparks Excitement

After consolidating a while at around $17,200 levels, BTC price has once again surged 5.74% today surpassing $18,000 levels. At press time, Bitcoin (BTC) is trading at a price of $18,054 with a market cap of $332 billion. The latest Bitcoin price surge happened as one of the world’s biggest asset managers Guggenheim Partners is

After consolidating a while at around $17,200 levels, BTC price has once again surged 5.74% today surpassing $18,000 levels. At press time, Bitcoin (BTC) is trading at a price of $18,054 with a market cap of $332 billion. The latest Bitcoin price surge happened as one of the world’s biggest asset managers Guggenheim Partners is

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bitcoin bull
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Bitcoin Poised to Resume Rally After Second Move Above $12k

Bitcoin has made its second move into the $12,000 price zone this year with today’s re-tap of $12,300. Analysts are confident that the rally could resume taking it all the way up to last year’s highs. A couple of hours ago during Asian trading Bitcoin surged to revisit the $12,300 price level which equals its

Bitcoin has made its second move into the $12,000 price zone this year with today’s re-tap of $12,300. Analysts are confident that the rally could resume taking it all the way up to last year’s highs. A couple of hours ago during Asian trading Bitcoin surged to revisit the $12,300 price level which equals its

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bitcoin price
Bitcoin News

Bitcoin Buying Pressure Increasing as Exchanges Hold More Stablecoins

Bitcoin may still be correcting from its 2020 high, but analytics indicate that there is still a lot of buying pressure and the bull run may not be over just yet. Bitcoin prices have been hovering around the $10,250 level for the past three days, down around 17% from their 2020 highs. A weekly candle

Bitcoin may still be correcting from its 2020 high, but analytics indicate that there is still a lot of buying pressure and the bull run may not be over just yet. Bitcoin prices have been hovering around the $10,250 level for the past three days, down around 17% from their 2020 highs. A weekly candle

Bitcoin BTC Hash Rate Rising
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Bitcoin BTC Hash Rate Rising
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Bitcoin (BTC) Hash Rate at a new-all-time high, Miners Unfazed by Coronavirus

The bitcoin (BTC) hash rate spiked and is now at a new all-time high according to new data streams from BitInfoCharts. At 120 EH/s, it appears as if traders and the investor community are unfazed by recent price drops. The world’s most valuable digital asset is trading below $8,500, and there are fears that the

The bitcoin (BTC) hash rate spiked and is now at a new all-time high according to new data streams from BitInfoCharts. At 120 EH/s, it appears as if traders and the investor community are unfazed by recent price drops. The world’s most valuable digital asset is trading below $8,500, and there are fears that the

Bitcoin BTC Hash Rate
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Bitcoin BTC Hash Rate
Bitcoin News

Bitcoin Hash Rate Soar to New Highs as BTC Bulls Step Up, $8,000 Incoming?

The Bitcoin network has just registered a new hash rate of 117 EH/s, an encouraging move that may be a precursor of where BTC price leans in the immediate term. Interestingly, the uptick is four months to a decisive Bitcoin halving that reduces daily BTC emission and therefore daily returns for miners. The Intrigues of

The Bitcoin network has just registered a new hash rate of 117 EH/s, an encouraging move that may be a precursor of where BTC price leans in the immediate term. Interestingly, the uptick is four months to a decisive Bitcoin halving that reduces daily BTC emission and therefore daily returns for miners. The Intrigues of

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Bitcoin BTC
Bitcoin News

Truth or FUD: A Crypto Analyst Says Bitcoin (BTC) is Overpriced

According to one crypto analyst, Bitcoin-and cryptocurrencies-is overpriced and likely to drop further perhaps even below last year’s lows of $3,500. Explaining that most Bitcoin and cryptocurrency projects were launched “too hard and too fast”, the failure of these projects to gain traction and attract users is its main undoing. Bitcoin Launched Too Hard, Too

According to one crypto analyst, Bitcoin-and cryptocurrencies-is overpriced and likely to drop further perhaps even below last year’s lows of $3,500. Explaining that most Bitcoin and cryptocurrency projects were launched “too hard and too fast”, the failure of these projects to gain traction and attract users is its main undoing. Bitcoin Launched Too Hard, Too

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Bitcoin BTC
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Bitcoin (BTC) Price Bound by a Symmetrical Triangle, Breakout Can be in any Direction: Analyst

Bitcoin (BTC) prices are consolidating inside a symmetrical triangle. With uncertainty, a popular cryptocurrency trader and analyst is calling for caution and patience. Based purely on technical candlestick arrangement and patterns, the analyst asserts that depending on the breakout, accompanying trade volumes would determine the velocity and confidence of the newly defined trend direction. A

Bitcoin (BTC) prices are consolidating inside a symmetrical triangle. With uncertainty, a popular cryptocurrency trader and analyst is calling for caution and patience. Based purely on technical candlestick arrangement and patterns, the analyst asserts that depending on the breakout, accompanying trade volumes would determine the velocity and confidence of the newly defined trend direction. A

Bitcoin-BTC
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Bitcoin-BTC
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Recent Data About Bitcoin Activity Spells Worrisome Signs For Bitcoin

As per a feature by LongHash, Bitcoin’s daily active addresses growth has slowed down drastically, implying that less number of Bitcoin users are now engaging in Bitcoin transactions. Overall Trend Upwards But Slow Growth In the data shared by LongHash, it is visible that the growth of Bitcoin’s daily active addresses has been positive overall

As per a feature by LongHash, Bitcoin’s daily active addresses growth has slowed down drastically, implying that less number of Bitcoin users are now engaging in Bitcoin transactions. Overall Trend Upwards But Slow Growth In the data shared by LongHash, it is visible that the growth of Bitcoin’s daily active addresses has been positive overall

Bitcoin Price Down
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Bitcoin Price Down
Bitcoin News

A Rare Bullish Pattern on BTC/USD Charts Forms as Weekly Price Closes Above $7,400

A peculiar formation on the long timeline charts signals an indifferent market as bulls and bears struggle for ultimate control of the market. In what is a first for weekly BTC/USD charts, the candle price closed below the 50-day Moving Average (MA) before seeing the following week’s candle close above the line at $7,400, forming

A peculiar formation on the long timeline charts signals an indifferent market as bulls and bears struggle for ultimate control of the market. In what is a first for weekly BTC/USD charts, the candle price closed below the 50-day Moving Average (MA) before seeing the following week’s candle close above the line at $7,400, forming

Avocado Bitcoin BTC
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Avocado Bitcoin BTC
Bitcoin News

What do Bitcoin and Avocado Have in Common? Analyst Explains

As earlier observed, there was a high statistical coincidence that Bitcoin follows Avocado prices. The result? Avocado-based model first forwarded by Tracy Alloway, an Executive Editor at Bloomberg, sensationally hinting that prices of the digital asset were positively correlated to a tangible, unexpected fruit, the Mexican Hass avocado. According to her model, Bitcoin had more

As earlier observed, there was a high statistical coincidence that Bitcoin follows Avocado prices. The result? Avocado-based model first forwarded by Tracy Alloway, an Executive Editor at Bloomberg, sensationally hinting that prices of the digital asset were positively correlated to a tangible, unexpected fruit, the Mexican Hass avocado. According to her model, Bitcoin had more

Bitcoin-BTC
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Bitcoin-BTC
Bitcoin News

A Renowned Crypto Analyst Predicted This Bitcoin (BTC) Carnage 5 Months Ago; What’s Next?

At press time, it is evident that Bitcoin (BTC)-and the entire cryptocurrency market, is capitulating. With double-digit losses and a Domino effect that is quickly spreading across all blockchain sectors, the importance of Bitcoin as an anchor coin is being revealed. Tone Vays’ Prediction Down 21% week-to-date, it would seem as if bears are getting

At press time, it is evident that Bitcoin (BTC)-and the entire cryptocurrency market, is capitulating. With double-digit losses and a Domino effect that is quickly spreading across all blockchain sectors, the importance of Bitcoin as an anchor coin is being revealed. Tone Vays’ Prediction Down 21% week-to-date, it would seem as if bears are getting