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“# Dash price explodes 100%, BCH breaks out as Bitcoin cools off below $40K ” Bitcoin (BTC) price has once again dropped below the $40,000 level on Jan. 10 after crisscrossing it for the past three days as the spotlight shifted to altcoins. The BTC price drop comes after another failure to break through resistance…
“#Two NYC bars could make US history by selling for Bitcoin” A Big Apple bar owner is bowing out — and banking on Bitcoin with what could be the first cryptocurrency-only restaurant sale in the US. This week, Patrick Hughes put his side-by-side Hell’s Kitchen watering holes, Hellcat Annie’s and Scruffy Duffy’s, up for sale….
“# Traders flock into altcoins as Bitcoin price trades sideways ” The bullish momentum seen throughout the week has spilled over into the weekend as the majority of the top-100 tokens listed on CoinMarketCap are posting double-digit gains. Bitcoin (BTC) entering a brief consolidation period and the possibility of a third round of stimulus checks…
“# Experts: Gold outflows are pushing Bitcoin higher ” According to multiple experts, one possible reason for Bitcoin’s remarkable recent price rise are massive investor outflows from another popular inflation hedge: gold. Spot gold swooned over the past week, falling 4.62% to $1,857. The asset previously had been surging in unison with Bitcoin, which is…
“# Another $84M deposit begs the question: Why are Bitcoin whales in Korea selling? ” Bitcoin (BTC) whales in South Korea have been selling heavily across major exchanges throughout the past week. Data shows that multiple $100 million deposits to Bithumb have been spotted in the last three days alone. By volume, South Korea has…
“# As Biden preps $3T stimulus, Bitcoin could be set to erupt ” The incoming Biden administration’s plan to flood the U.S. economy with trillions of dollars could ignite the next leg of the Bitcoin (BTC) bull market, as more investors seek refuge from a crumbling United States dollar. Axios, an Arlington-based news outlet, reported…
“# Bitcoin turning 12: From the Genesis block to Wall Street adoption ” Satoshi Nakamoto, the unknown Bitcoin creator, released the first client network on this day 12 years ago, officially kickstarting what is perhaps the greatest monetary revolution of the 21st century. Six days prior, on Jan. 3, 2009, Satoshi mined the Genesis block,…
“# Brace for impact? After hitting $42K, Bitcoin price volatility may rise ” The price of Bitcoin (BTC) achieved a new all-time high above $42,000 on Jan. 8, surging by 9% in merely three hours. At the time, there was a high premium on Coinbase, which meant U.S. buyers drove up the market by aggressively…
“# Are Bitcoin miners bullish? BTC miners face biggest difficulty bump in 3 months ” Bitcoin (BTC) mining difficulty is set to rise by roughly 11% on Jan. 9, according to data from BTC.com. This marks the biggest increase in nearly four months that will put the metric over 20 trillion for the first time…
“# Bitcoin price volatility spikes as BTC whales sell each new high ” Bitcoin price has re-established the $40,000 level as support but as bull push toward a new all-time high the possibility of another sharp sell-off looms. According to analysts at Material Indicators, a crypto analytics company, mega-whales sold off steeply when Bitcoin hit…