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Bitcoin News

Bitcoin Price Prediction: BTC Starts Regaining the Ground to $60,000 As Large Cap Altcoins Outperform

John Isige May 6, 2021

Bitcoin (BTC) price failed to rise above $60,000 earlier in the week, thwarting investor speculation. A robust barrier at$59,000 allowed overhead pressure to rise. Moreover, investors seeking to cash out for profit added weight to the selling pressure, whereby Bitcoin tumbled to $53,000. Meanwhile, support established at $55,000 gave the bulls a substantial boost, explaining

Bitcoin (BTC) price failed to rise above $60,000 earlier in the week, thwarting investor speculation. A robust barrier at$59,000 allowed overhead pressure to rise. Moreover, investors seeking to cash out for profit added weight to the selling pressure, whereby Bitcoin tumbled to $53,000. Meanwhile, support established at $55,000 gave the bulls a substantial boost, explaining

Bitcoin-mining-selling
Bitcoin News
Bitcoin-mining-selling
Bitcoin News

Two Largest Bitcoin Mining Pools Antpool and Poolin add Taproot Support

Prashant Jha May 4, 2021

Taproot, the latest major upgrade on the Bitcoin network since 2017 has started to gain traction among miners and mining pools. Two of the largest Bitcoin mining pools Antpool and Poolin have become the latest to integrate taproot. Taproot is a soft fork first proposed in 2018 by the Bitcoin core developer Gregory Maxwell and

Taproot, the latest major upgrade on the Bitcoin network since 2017 has started to gain traction among miners and mining pools. Two of the largest Bitcoin mining pools Antpool and Poolin have become the latest to integrate taproot. Taproot is a soft fork first proposed in 2018 by the Bitcoin core developer Gregory Maxwell and

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Breaking: World’s Leading Auction and Real Estate Firm Sotheby to Start Accepting BTC & ETH via Coinbase

Prashant Jha May 4, 2021

Sotheby, one of the oldest and leading auction houses has announced that they would be accepting Bitcoin and Ether in partnership with cryptocurrency exchange Coinbase. Established in 1744, the firm first confirmed that the first piece of art sold against Bitcoin would be Banksy’s “Love is in the Air” at its coming auction. Sotheby’s CEO

Sotheby, one of the oldest and leading auction houses has announced that they would be accepting Bitcoin and Ether in partnership with cryptocurrency exchange Coinbase. Established in 1744, the firm first confirmed that the first piece of art sold against Bitcoin would be Banksy’s “Love is in the Air” at its coming auction. Sotheby’s CEO

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Prediction: BTC tumbles eyeing $50,000 amid rejection from $59,000

John Isige May 4, 2021

Bitcoin bulls controlled most of the price action in the market last week despite the mundane trading. The flagship cryptocurrency managed to clear the resistance at $55,500, which bolstered the price to around $59,000. Although investors had speculated BTC closing the day above $60,000 on Monday, a correction ensued, with the largest cryptocurrency diving under

Bitcoin bulls controlled most of the price action in the market last week despite the mundane trading. The flagship cryptocurrency managed to clear the resistance at $55,500, which bolstered the price to around $59,000. Although investors had speculated BTC closing the day above $60,000 on Monday, a correction ensued, with the largest cryptocurrency diving under

Bitcoin News
Bitcoin News

Bitcoin (BTC) NVT Ratio Reset Suggests Undervaluation At Current Price, Bullish Signals Intact

Bhushan Akolkar May 4, 2021

After attaining $59,000 levels on Monday, May 3, Bitcoin has slumped back 4.5% and is currently trading at $55,677 with a market cap of $1.042 trillion. Although Bitcoin seems under selling pressure at this point, its on-chain fundamentals clearly point that the world’s largest crypto is undervalued at this stage. Bitcoin’s Network Value to Transaction

After attaining $59,000 levels on Monday, May 3, Bitcoin has slumped back 4.5% and is currently trading at $55,677 with a market cap of $1.042 trillion. Although Bitcoin seems under selling pressure at this point, its on-chain fundamentals clearly point that the world’s largest crypto is undervalued at this stage. Bitcoin’s Network Value to Transaction

ebay
Bitcoin News
ebay
Bitcoin News

Just-in: eBay CEO Hint at Adding Cryptocurrency Payment

Prashant Jha May 4, 2021

The CEO of eBay Inc. Jamie Iannone in a recent interview with CNBC has said that the company is exploring the addition of cryptocurrencies as the payment option on its platform. The decision comes as the popularity of crypto assets as a payment option has been on the rise and the likes of Tesla and

The CEO of eBay Inc. Jamie Iannone in a recent interview with CNBC has said that the company is exploring the addition of cryptocurrencies as the payment option on its platform. The decision comes as the popularity of crypto assets as a payment option has been on the rise and the likes of Tesla and

Grayscale
Bitcoin News
Grayscale
Bitcoin News

Grayscale’s Parent Company DCG to Purchase $750M in Grayscale Bitcoin Trust

Prashant Jha May 3, 2021

Digital Currency Group (DCG), the parent company of the world’s largest crypto asset manager Grayscale has approved to increase the purchase of Grayscale Bitcoin Trust ($GBTC) worth $750 million in a recent announcement. The recent purchase would increase the GBTC holding by $500 million on top of early authorization for a $250 million purchase. As

Digital Currency Group (DCG), the parent company of the world’s largest crypto asset manager Grayscale has approved to increase the purchase of Grayscale Bitcoin Trust ($GBTC) worth $750 million in a recent announcement. The recent purchase would increase the GBTC holding by $500 million on top of early authorization for a $250 million purchase. As

Altcoin News
Altcoin News

BTC vs ETH, How the World’s Second-Largest Crypto Overwhelmed BTC Performance In April

Bhushan Akolkar May 3, 2021

Etheruem (ETH) has stormed the crypto market clearly hitting new all-time highs every single day. The ETH price touched an all-time high of $3194 earlier today toppling some of the top financial institutions like PayPal and Bank of America. The ETH performance over the last month has been nothing short of pathbreaking. In fact, it

Etheruem (ETH) has stormed the crypto market clearly hitting new all-time highs every single day. The ETH price touched an all-time high of $3194 earlier today toppling some of the top financial institutions like PayPal and Bank of America. The ETH performance over the last month has been nothing short of pathbreaking. In fact, it

Bitcoin News
Bitcoin News

CME Group Launches Micro Bitcoin Futures

Prashant Jha May 3, 2021

Chicago Mercantile Exchange (CME) Group, the world’s leading, and most diverse derivatives marketplace is launching Micro Bitcoin Futures which would be 1/10 of the Bitcoin value and promises to offer an efficient way for institutions to invest in one of the fastest-growing digital asset markets. Tim McCourt, CME Group Global Head of Equity Index and

Chicago Mercantile Exchange (CME) Group, the world’s leading, and most diverse derivatives marketplace is launching Micro Bitcoin Futures which would be 1/10 of the Bitcoin value and promises to offer an efficient way for institutions to invest in one of the fastest-growing digital asset markets. Tim McCourt, CME Group Global Head of Equity Index and

Bitcoin
Altcoin News
Bitcoin
Altcoin News

Amid ETH Glam Show, Bitcoin (BTC) Funding Rate Remains Low Suggesting Less Trader Greed

Bhushan Akolkar May 3, 2021

The world’s second-largest cryptocurrency Ethereum (ETH) is roaring past new highs every single day. After hitting the $3000 milestone earlier today, ETH is now trading 10% up at a new all-time high of $3194 and a market cap of $369 billion. This ETH price rally has been backed by strong fundamentals as well as with

The world’s second-largest cryptocurrency Ethereum (ETH) is roaring past new highs every single day. After hitting the $3000 milestone earlier today, ETH is now trading 10% up at a new all-time high of $3194 and a market cap of $369 billion. This ETH price rally has been backed by strong fundamentals as well as with

revolut
Bitcoin News
revolut
Bitcoin News

Revolut Finance App Confirms Enabling Bitcoin Withdrawals, Says More Crypto Would be Added Soon

Prashant Jha May 2, 2021

Revolut Finance App, a popular mobile banking application with nearly 15 million users has become the latest mobile finance app to offer Bitcoin withdrawals as per leaked emails accessed by Forbes. This bull season Bitcoin has seen one of its biggest adoptions drives with many mainstream payment processing giants such as PayPal, Venmo, and Square

Revolut Finance App, a popular mobile banking application with nearly 15 million users has become the latest mobile finance app to offer Bitcoin withdrawals as per leaked emails accessed by Forbes. This bull season Bitcoin has seen one of its biggest adoptions drives with many mainstream payment processing giants such as PayPal, Venmo, and Square

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Charlie Munger’s ‘Disgusting’ Bitcoin Comment Suggests Bitcoin Still in Early Adoption Phase

Prashant Jha May 2, 2021

Charlie Munger, the vice-chairman of Berkshire Hathway made headlines yesterday during the shareholders meeting when the inevitable question about Bitcoin came up. Munger said he “hates the success of Bitcoin” and claimed he felt disgusted at its success and believe it is against the interest of the civilization. Hunger said, Of course, I hate the

Charlie Munger, the vice-chairman of Berkshire Hathway made headlines yesterday during the shareholders meeting when the inevitable question about Bitcoin came up. Munger said he “hates the success of Bitcoin” and claimed he felt disgusted at its success and believe it is against the interest of the civilization. Hunger said, Of course, I hate the

Bitcoin News
Bitcoin News

Bitcoin (BTC) Shoots 10% Above $58,000 After Large Bitcoin Outflow from Coinbase

Bhushan Akolkar May 1, 2021

After some consolidation at $55,000 over the last few days, the world’s largest cryptocurrency Bitcoin (BTC) is once again showing northward momentum. Bitcoin (BTC) has jumped back 10% moving above $58,000 levels. At press time, BTC is trading at a price of $58,099 with a market cap of $1.086 trillion. As per data from CryptoQuant,

After some consolidation at $55,000 over the last few days, the world’s largest cryptocurrency Bitcoin (BTC) is once again showing northward momentum. Bitcoin (BTC) has jumped back 10% moving above $58,000 levels. At press time, BTC is trading at a price of $58,099 with a market cap of $1.086 trillion. As per data from CryptoQuant,

Crypto Wall Street
Bitcoin News
Crypto Wall Street
Bitcoin News

Andreessen Horowitz Looking to Raise $1 Billion For a Crypto VC Fund

Prashant Jha May 1, 2021

Andreessen Horowitz, one of the largest venture capital firms is looking to raise $1 billion for a crypto VC find that would invest in different cryptocurrencies and growing crypto startups and issue shares for institutional investors to gain exposure to largely popular crypto assets. The decision comes on the heel of its successful crypto investment

Andreessen Horowitz, one of the largest venture capital firms is looking to raise $1 billion for a crypto VC find that would invest in different cryptocurrencies and growing crypto startups and issue shares for institutional investors to gain exposure to largely popular crypto assets. The decision comes on the heel of its successful crypto investment

coinbase
Altcoin News
coinbase
Altcoin News

Breaking: Coinbase is Acquiring Crypto Data Analytic Firm Skew

Prashant Jha April 30, 2021

Coinbase Inc ($COIN), the cryptocurrency exchange that made its public debut a couple of weeks back is set to acquire crypto data analytic firm Skew. Skew is a popular crypto analytic firm known for offering in-depth market analysis of various crypto assets. Coinbase would integrate the Skew data on its platform for users to have

Coinbase Inc ($COIN), the cryptocurrency exchange that made its public debut a couple of weeks back is set to acquire crypto data analytic firm Skew. Skew is a popular crypto analytic firm known for offering in-depth market analysis of various crypto assets. Coinbase would integrate the Skew data on its platform for users to have

Bitcoin News
Bitcoin News

BNY Mellon: Choosing Gold Over Bitcoin-backed Stocks Led to Fund Underperformance

Bhushan Akolkar April 30, 2021

In its latest filing with the U.S. SEC, banking giant BNY Mellon has conceded that choosing stocks of gold mining companies against the companies invested in Bitcoin (BTC) has led to underperformance in its technology-focused funds. In its SEC filing submitted on Wednesday, April 28, the world’s largest custodian bank said that it missed out

In its latest filing with the U.S. SEC, banking giant BNY Mellon has conceded that choosing stocks of gold mining companies against the companies invested in Bitcoin (BTC) has led to underperformance in its technology-focused funds. In its SEC filing submitted on Wednesday, April 28, the world’s largest custodian bank said that it missed out

Bitcoin News
Bitcoin News

Bitcoin Price Analysis: BTC reconstructs bullish outlook to crown the weekend with $60,000

John Isige April 30, 2021

Bitcoin extended the bearish action significantly following the rejection at $55,000. Tentative support at $54,000 failed to stop the sellers’ advances, allowing the price to explore lower leeks around the 50 Simple Moving Average (SMA) on the four-hour chart. BTC trades at $53,633 at the time of writing amid a bullish building momentum. Bitcoin renews

Bitcoin extended the bearish action significantly following the rejection at $55,000. Tentative support at $54,000 failed to stop the sellers’ advances, allowing the price to explore lower leeks around the 50 Simple Moving Average (SMA) on the four-hour chart. BTC trades at $53,633 at the time of writing amid a bullish building momentum. Bitcoin renews

stock-market-listing
Altcoin News
stock-market-listing
Altcoin News

Just-In: Coinbase Adds Paypal Payment Option For US Customers

Prashant Jha April 29, 2021

Coinbase cryptocurrency exchange today added Paypal as a payment option for US customers, which would allow millions of US-based users to add their Paypal linked debit and credit card to their Coinbase account making way for seamless crypto purchase on the exchange. We're now offering customers in the US a simple and speedy way to

Coinbase cryptocurrency exchange today added Paypal as a payment option for US customers, which would allow millions of US-based users to add their Paypal linked debit and credit card to their Coinbase account making way for seamless crypto purchase on the exchange. We're now offering customers in the US a simple and speedy way to

Visa
Bitcoin News
Visa
Bitcoin News

VISA CEO Says Bitcoin is Like Digital Gold During Q2 Earning Call

Prashant Jha April 29, 2021

VISA, the payment processing giant today had a Q2 earnings call where the firm talked about various aspects of their growth and roadmap in the coming quarter, however, the most significant aspect was the discussion around cryptocurrencies and companies’ plans of enabling crypto purchase through their network. During the discussion, President and CEO Alfred Kelly

VISA, the payment processing giant today had a Q2 earnings call where the firm talked about various aspects of their growth and roadmap in the coming quarter, however, the most significant aspect was the discussion around cryptocurrencies and companies’ plans of enabling crypto purchase through their network. During the discussion, President and CEO Alfred Kelly

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Largest Latin American e-commerce Platform Accepts Bitcoin Now For Real-Estate

Prashant Jha April 29, 2021

Mercado Libre, the largest Latin American e-commerce platform would now accept Bitcoin payment for buying and selling properties and real estate located in Argentina. The real-estate section on the website now lists at least 75 properties managed by 7 agencies that would accept Bitcoin payment from today. Juan Manuel Carretero, Commercial Manager of Vehicles, Real

Mercado Libre, the largest Latin American e-commerce platform would now accept Bitcoin payment for buying and selling properties and real estate located in Argentina. The real-estate section on the website now lists at least 75 properties managed by 7 agencies that would accept Bitcoin payment from today. Juan Manuel Carretero, Commercial Manager of Vehicles, Real