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“# Trader comforts the market’s traumatized first timers amid falling prices ” Known for its volatility, Bitcoin (BTC) recently fell more than $11,000 over a four-day period after weeks of soaring price action. Amid a fresh bull cycle, Bitcoin has likely picked up its fair share of new buyers — some of whom may not…
“# Goldman Sachs says Bitcoin is on the path to maturity ” In an interview with CNBC, Currie said Bitcoin’s remarkable run has attracted greater institutional interest, but noted that smart-money investors are still a tiny fraction of the overall market. They will need to come in droves for Bitcoin to become a stable asset…
“# Underhyped? Bitcoin sentiment lags despite bull run ” Since its drop below $4,000 in March 2020, Bitcoin (BTC) has ridden a bullish trend all the way past its 2017 all-time high, recently hitting almost $42,000. During that time, however, Bitcoin’s Twitter activity has underperformed in comparison to its price. Looking at information from crypto…
“# Bullish or bearish? PayPal hosts $242M in crypto trading over 24 hours ” Global payments provider PayPal has doubled its previous crypto volume record, with $242 million worth of digital assets changing hands on the platform during Jan. 11. According to crypto market data aggregator Nomics, yesterday’s trading dwarfed PayPal’s previous volume record of…
“# MicroStrategy stock finally takes a breather following massive BTC-inspired rally ” Shares of MicroStrategy (MSTR), a business intelligence firm with considerable exposure to Bitcoin (BTC), declined sharply on Monday, as profit-taking ensued following a parabolic rally over the past month. The stock touched an intraday low of $464.51 in New York trading, representing a…
“# Bar owner wants to sell two NYC watering holes for $1M in Bitcoin ” New York City bar owner and crypto enthusiast Patrick Hughes is offering to sell two of his popular restaurants in the Hell’s Kitchen neighborhood of Manhattan for cryptocurrency. According to a report from the New York Post, Hughes will accept…
“#Woman discovers shocking truth of maternity home where she gave birth” It was 1961, and Margaret Erle was 16 and pregnant. She knew her Jewish immigrant parents would not approve. Yet she remained hopeful. She was a good girl: didn’t smoke, didn’t drink, donated her babysitting money to war orphans in Israel. And she and…
“# Chamath Palihapitiya sees Bitcoin as insurance against uncertainty ” Bitcoin’s (BTC) price has risen dramatically over the past days and weeks, recently wheeling past $40,000. An asset largely untied to governmental authority, Bitcoin is a hedge against global uncertainty, according to venture capitalist and billionaire Chamath Palihapitiya. Citing a possible five or 10-year time…
“# When is Bitcoin’s macro top? Industry player speculates ” Bitcoin’s (BTC) price momentum recently pushed the asset to almost $42,000 per coin. It has more than doubled in price over the past two months, breaking the previous record highs that it set back in 2017. Podcaster Nathaniel Whittemore recently gave his opinion on methods of…
“# Bitcoin bull run could end if institutions go under, Komodo exec speculates ” Famous for its volatility, Bitcoin’s price constantly waffles both north and south. While it recovered quickly from its pandemic-induced drop in March 2020, going on to break record highs, that doesn’t mean the asset is bulletproof against a similar event in…