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“#Bitcoin’s valuation surpasses $18,000 for first time since 2017” Bitcoin’s recent rally is showing no signs of slowing, with investors briefly pushing the digital token’s value past the $18,000 mark. The cryptocurrency’s valuation hit a level it hasn’t seen since December 2017, with a single bitcoin changing hands for as much as $18,488 early Wednesday. Bitcoin’s…
“# ‘This time is different’ — 10 Bitcoin charts show that this rally isn’t like 2017 ” Bitcoin (BTC) is setting new records in almost all aspects except USD spot price, says a new digest, which concludes that 2020 is not like the 2017 rally. In a blog post on Nov. 17, Nic Carter, co-founder…
“# Dutch Bitcoin firm reluctantly tightens rules at central bank’s behest ” Bitconic, a Netherlands-based Bitcoin (BTC) exchange, has informed its users that they now need to comply with a new verification measure in order to continue to use their services. The change comes following new requirements from the Dutch central bank, which were published…
“# Watch these two levels if Bitcoin price sees a major correction before $20K ” Bitcoin (BTC) is on the run, printing a new high with each day. After officially achieving a new all-time high by market cap, will Bitcoin finally break through that elusive $20K barrier once more? Or will we first see a…
“# Thai crypto business to get liquidity boost following new regulations ” Thailand’s Securities and Exchange Commission has revised its net capital rules regarding digital assets. According to a Nov. 18 report by The Bangkok Post, the Thai SEC now allows firms dealing with digital assets to include the value of those assets when calculating…
“# This analyst called Bitcoin’s new price high in 2020 three months ago ” Bitcoin (BTC) hitting new all-time highs by Christmas is beginning to look conservative, but one analyst called current levels back in August. As noted by consumer investment service Swan Bitcoin on Nov. 18, the co-founder of The Investor’s Podcast Network, Preston…
“# Bitcoin’s market cap surpasses Nvidia at over $336B ” Amid a meteoric bull run in the cryptocurrency market, Bitcoin (BTC) is overtaking another major American company in terms of market capitalization. As Bitcoin price briefly crossed the $18,000 threshold on Nov. 18, Bitcoin’s market cap surged above $336 billion, outstripping the market cap of…
“# Why Bitcoin price just flash crashed 6% after rejecting at $18.5K ” The price of Bitcoin (BTC) dropped sharply after approaching $18,500 on Binance and Coinbase. The plunge took place as large sell orders were spotted on both spot and futures exchanges. BTC/USD 15 minute chart. Source: TradingView.com As Cointelegraph previously reported, traders anticipated a…
“# Mexico’s second-richest man invests 10% of his liquid portfolio in Bitcoin ” Ricardo Salinas Pliego, the second-wealthiest man in Mexico, has revealed that 10% of his “liquid portfolio” is invested in Bitcoin (BTC). The billionaire shared a video captured in “a Latin country” depicting banks throwing out garbage bags filled with paper money into…
“# Bitcoin price hits $18K but traders expect ‘shallow’ pullback before new high ” Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years. On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed the price cleanly through the $17,100 to $17,300 range…