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“# The road not taken: Jealous brother claims twin earned $10M in Bitcoin ” Many late adopters of Bitcoin often lament the fact they missed out on the chance to purchase coins when the price was under $1,000, $100, or even $1. However, one Redditor says his own situation is even worse as he’s forced…
“# Bitcoin price consolidates as traders contest the $18.2K to $19.5K range ” After an impressive run to a new all-time high on Dec.1, Bitcoin (BTC) price appears to have entered a short consolidation phase as the price ranges between $18,200 and $19,500. The 1 and 4-hour charts show the price compressing into a pennant-like…
“# Price analysis 12/2: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM ” Bitcoin (BTC) price hit a new all-time high above $19,892 on Dec. 1. This is a significant event because it proves that the rally in 2017 was ahead of fundamentals but not a bubble. Generally, when a bubble bursts, it…
“# BlackRock CEO: Bitcoin has caught our attention ” Blackrock CEO Larry Fink says Bitcoin (BTC) is on his company’s radar following the cryptocurrency’s rapid appreciation over the past few months. Speaking at the Council on Foreign Relations Tuesday alongside former Bank of England Governor Mark Carney, Fink reportedly said: “Bitcoin has caught the attention…
“# Bitcoin, gold to benefit as Peter Schiff predicts ‘worst year ever’ for US dollar ” Bitcoin (BTC) may get fresh support for a record-breaking year in 2021 thanks to the demise of a familiar foe: the U.S. dollar. As various sources noted this week, the dollar is trading at almost three-year lows against various…
“# NYDIG raises $150 million for two Bitcoin investment funds ” New York Digital Investment Group has raised $150 million through two separate cryptocurrency investment funds, according to documents filed with the United States Securities and Exchange Commission on Nov. 24 and Dec. 1. The NYDIG Digital Assets Fund I raised $50 million, with the…
“# Bitcoin hitting $200K by December 2021 is now ‘conservative’ — Willy Woo ” Bitcoin (BTC) hitting $300,000 in just one year’s time is “not out of the question,” popular statistician Willy Woo says. In a series of tweets on Dec. 1, Woo stated that he has “never been so bullish” on Bitcoin’s prospects for…
“# Why one analyst says Bitcoin ‘is on the cusp’ of busting through $20K ” The market sentiment around Bitcoin (BTC) is mixed as BTC price dropped almost immediately by 10% right after hitting its previous all-time high at $19,892 on Dec. 1. Nevertheless, some analysts and fund managers anticipate the dominant cryptocurrency to rise past…
“# Reuters runs the headline Bitcoiners have longed to read ” The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news agency Reuters marked the occasion with a story headlined: “Dollar plummets on U.S. stimulus hopes; Bitcoin hits all-time peak”….
“# Ethereum’s market cap surpasses GM, CME, and tech stocks — What’s next? ” 2020 has been an impressive year for the Ethereum network and Ether (ETH) price. In November the Eth2 deposit contract quietly launched and before the end of the month the contract had reached capacity with 524,288 Ether locked. When Black Thursday…