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“# Senator-elect wants to spread Bitcoin awareness in the US government ” An unprecedented year, 2020 has sent the global economy into a tailspin in an effort to compensate for COVID-19-related difficulties. If the traditional system collapses, Bitcoin will become vital, according to United States Senator-elect Cynthia Lummis. “If we reach the point where we…
“# MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says ” MassMutual’s $100 million Bitcoin (BTC) purchase shows that the demand for cryptocurrency will be growing further, according to strategists at major investment bank JPMorgan. In an investor note on Dec. 11, JPMorgan strategists including Nikolaos Panigirtzoglou reportedly suggested that Bitcoin adoption is now…
“# Big gaps and bigger buys: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) begins a new trading week within 5% of the mythical $20,000 price level — but can it get there this time? As the largest cryptocurrency lines up for another shot at overcoming seminal resistance, Cointelegraph looks at the…
“# Here’s 5 key Bitcoin factors to watch as new investors buy BTC in 2021 ” The end of 2020 has been lighting up crypto-centric subreddits and feeds of Bitcoin hodlers as the appetite for the digital bullion reaches an all-time high. The explosion has been accelerated via the adoption of the network by PayPal,…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE ” December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate…
“# Publicly recanted! Luminaries who came to terms with crypto in 2020 ” Humans, being only human, tend to hang on to their cherished beliefs — even in the face of overwhelming contradiction. That’s why recantations — that is, public acts of refuting a previously held opinion — are so rare. This year, however, has…
“# Bitcoin price suddenly regains bullish momentum with $20K in sight ” Bitcoin (BTC) remains in the spotlight after MassMutual became the latest company to allocate $100 million of its portfolio into Bitcoin. This is adding to the impressive buy pressure at the moment, renewing hopes of Bitcoin breaking $20,000 in December. While a correction…
“# Did Bitcoin just bottom? BTC reclaims $19K as new rally gains steam ” The price of Bitcoin (BTC) has started to rally once again on Dec. 13, rising above $19,200 after dropping to sub-$17,600 on Friday. The significant increase in buyer demand in that area indicates that BTC may have just seen a short-term…
“# From mom’s house to warehouse: Bitcoin mining is going industrial ” Bitcoin mining started out as a small endeavor taken on by a few individuals repurposing home computers to mint virtual coins that were, at the time, almost worthless. Fast forward to 2020, and Bitcoin (BTC) mining has become a formidable industry of its…
“# Bullish divergence, TD9 ‘buy signal’ align for a new Bitcoin relief rally ” The price of Bitcoin (BTC) has rebounded strongly from sub-$17,600 to $18,400 in the past 24 hours. Now, two major technical indicators are signaling the likelihood for a larger relief rally. The 4-hour price chart of Bitcoin is showing a bullish…