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“# Institutions help drive rally as Bitcoin ETP volumes surge 50% ” Recent research has revealed that institutional grade exchange traded products surged in volume this month. A report by CryptoCompare delves into some metrics behind Bitcoin’s epic bull run to a new 2020 high of $17,800 and reveals that institutions have been a driver…
“# Not dead yet: Bitcoin Cash ABC up 70% as Sechet releases new client ” Amaury Sechet’s Bitcoin ABC coin is up 70% today as the developer announced a new upgrade for the client software that includes stability-related fixes for both forks of the Bitcoin Cash client. The new release breathes much-needed life into the…
“# Why Bitcoin’s market cap just hit a new record high before the price did ” The latest leg of Bitcoin’s (BTC) recent rally saw its market cap push above $330 billion for the first time ever as prices rallied above $17,750 late Nov. 17. According to CoinGecko, Bitcoin’s previous record capitalization of $329.3 billion…
“# Grayscale survey connects COVID-19 pandemic to new Bitcoin purchases ” As Bitcoin (BTC) price rises toward $18,000 and traders attempt to secure a new all-time high, the surge of institutional investors jumping on the Bitcoin bandwagon continues. This time, institutional and retail investors are both keen to accumulate Bitcoin and data from crypto derivatives…
“# Why traders think a Bitcoin ‘blow-off top’ will occur above $18,000 ” Bitcoin price is steamrolling toward $18,000 and excited traders are calling for the top-ranked digital asset to overtake the 2017 all-time high at $19,763. Unless you’re a bear, reaching a new all-time high is great but ideally, for a sustainable rally to…
“# Bitcoin price blasts by $17.5K, but not all agree rally is sustainable ” The price of Bitcoin (BTC) exceeded $17,400 in a strong intraday rally. On Coinbase, BTC even came close to the $17,700 mark, setting a new two-year high. As BTC glides through the multiyear resistance above $17,000, analysts are divided on its…
“# Bitcoin has hit all-time highs against numerous world currencies ” Bitcoin (BTC) is just a few thousand dollars away from its all-time high near $20,000 U.S. dollars. However, while much of the crypto industry watch Bitcoin’s price action in U.S. dollar terms, BTC has already achieved all-time high prices relative to numerous other world…
“# Bitcoin up 375% since Peter Schiff accidentally called the exact bottom ” The Bitcoin (BTC) price bottomed at exactly the point that gold bug Peter Schiff said that it would crash further — and proponents are reminding him of his mistake. Retweeting a now infamous Twitter post that Schiff made in mid March, popular…
“# 3 reasons Bitcoin price hit $17K, marking a new parabolic uptrend ” The price of Bitcoin (BTC) surpassed $17,000 for the first time since December 2017, continuing its current uptrend. The rally comes after BTC broke out of the previous parabola, which initially caused concerns. Three factors likely contributed to the ongoing rally: new…
“# SEC brought 56 cases against crypto-related firms during Jay Clayton’s tenure ” The United States Securities and Exchange Commission has brought 56 enforcement actions against initial coin offerings, blockchain and digital asset-related companies since July 2017. On Nov. 16, the SEC released a report on the commission’s selected accomplishments during chairman Jay Clayton’s tenure…