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“# Bitcoin price nears $16K, but it’s Ethereum that may shine in November ” The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant cryptocurrency’s rally, analysts are now looking toward Ether (ETH). The Ethereum blockchain’s native token has seen heightened momentum in the past week. After underperforming against…
“# Bitcoin price gets closer to the last big hurdle before $20,000 ” While the United States’ election is still undecided, Bitcoin (BTC) is experiencing a major rally, as BTC price nearly reached $16,000 today, the highest level since January 2018. Other asset classes have also been doing well, such as Nasdaq, which saw gains…
“# Binance’s DeFi index crashes 60% as Bitcoin overshadows altcoins ” Bitcoin (BTC) resurgence is continuing to sap capital from the altcoin markets as other cryptocurrencies are struggling to catch up to BTC. DeFi struggles as Bitcoin shines The DeFi Composite Index, first launched by Binance Futures in late August, is seeing its second month…
“# Tether market cap surpasses $17 billion, fueling Bitcoin price rally ” According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets. Tether’s market cap has been growing exponentially in 2020. As of mid-September, Tether’s market cap saw nearly…
“# Fed calling for more stimulus is ‘code for buy Bitcoin,’ says Winklevoss ” The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing. In a tweet on Nov. 6, Tyler Winklevoss, co-founder of exchange Gemini, said that Powell’s latest speech this week was “code for…
“# Bitcoin miner revenue surges to pre-halving levels ” As the Bitcoin (BTC) price is reaching the highest levels since January 2018, Bitcoin mining is getting more profitable due to a number of factors. According to data from Blockchain.com, BTC miners revenue has soared to levels not seen since Bitcoin’s third halving in May 2020…
“# ‘Extreme greed’ and FOMO taking hold as BTC nudges $16K ” Bitcoin has just powered up to its highest price since January 8, 2018, knocking on the door of $16,000 as FOMO grips the markets once again. In a move upwards that has added more than 12% over the past 24 hours, Bitcoin prices…
“# Almost 80% of Square’s Cash App Q3 revenue was from Bitcoin ” Cash App, the Bitcoin-friendly mobile payments app from U.S. financial services firm Square, has reported Bitcoin (BTC) has overtaken all other revenue sources, making up almost 80% of its entire revenue in the third quarter. In Square’s third-quarter report, Cash App’s Bitcoin-derived…
“# Bulls keep running as Bitcoin price notches a new 2020 high at $15,750 ” In the last 24-hours the price of Bitcoin (BTC) rose by more than 10%, breaching the $15,000 handle for the first time since January 2018, and reaching a new 2020 high at $15,750. Data from Cointelegraph Markets shows the BTC/USD…
“#Bitcoin rallies past $15,000 for first time since January 2018” Bitcoin’s month long rally is showing no sign of letting up, with the price of the digital token topping $15,000 for the first time since January 2018. The cryptocurrency saw its value increase 9 percent Thursday, and is up more than $1,700 since the eve of…