Bitcoin achieved a remarkable rise in 2020 in spite of many things that would normally make investors wary, including US-China tensions, Brexit and, of course, an international pandemic. From a year-low on the daily charts of US$4,748 (£3,490) in the middle of March as pandemic fears took hold, bitcoin rose to just below US$30,000 by the end of the year. Since then it has climbed to all-time highs above US$38,000, making headlines day after day and driving up the prices of other… Source link

Bitcoin (BTC) SOPA Images/LightRocket via Getty Images Bitcoin (BTC) is probably the most FOMO-inducing thing in the world. Investors always regret not doing something about it. First they regretted not buying bitcoin at all. Then they regretted not selling out at $16,000. Now they regret not buying enough at $20,000. What’s next? If you lay out predictions from the most credible investors, you’ll get a scale that goes from “rat poison squared” to… Source link

If the running joke of the late 2017 bitcoin price surge was the image of families discussing crypto around the Thanksgiving dinner table (“Grandma, you should buy litecoin!”), the theme of the late 2020 run has been Wall Street hedge fund runners and billionaire investors going on television to say some form of, “I was wrong.” In the past year, Paul Tudor Jones said he has put 2% of his portfolio in bitcoin and predicted that as new cryptocurrencies proliferate, bitcoin will become… Source link

You might have noticed that the bitcoin is . . . mooning. No, we don’t mean that the bitcoin bros are showing their bottoms to the rest of the world (well, not literally anyway). What we mean is that bitcoin has been on a skyward trajectory ever since it climbed above $20,000 for the first time ever in mid-December, and on Wednesday morning reached an all-time-high of $35,751, according to Coindesk. Here’s a chart showing bitcoin’s path over the past 12 months… Source link

The value of the combined bitcoin and cryptocurrency market has surged to over $1 trillion as prices rise across the board. The bitcoin price has climbed to almost $38,000 per bitcoin, with the total value of the world’s biggest cryptocurrency now nearing $700 billion—and pushing bitcoin up the charts of largest global assets. The surge over $1 trillion comes as smaller cryptocurrencies, including ethereum, Ripple’s XRP, cardano and stellar, all make significant gains. MORE FROM FORBES

A 13% rise in the price of ETH over the past 24 hours has propelled Ethereum onto a list of the top 100 traded assets by market cap for the first time, as measured by CompaniesMarketCap.com.  Ethereum marched past 12 other entries on the list today and is currently positioned in the #88 spot, between Bristol-Myers Squibb at #89 and Anheuser-Busch at #87. Up 62% in 2021 alone, the price of ETH crossed $1,200 today for the first time since Jan. 2018 and appears poised to overtake its all-time… Source link

Ethereum Ethereum rallied by 9.81% on Wednesday. Following on from a 5.9% gain on Tuesday, Ethereum ended the day at $1,212.02. Another mixed start to the day saw Ethereum fall to an early morning intraday low $1,058.32 before making a move. Steering clear of the first major support level at $1,006.84, Ethereum rallied to a late afternoon intraday high and a new swing hi $1,215.98. Ethereum broke through the first major resistance level at $1,168.77 before a pullback to $1,120 levels. Finding… Source link

Bitcoin prices have continued to climb lately, rising above $36,000 and attaining their latest high. … [+] (Photo by Jordan Mansfield/Getty Images) Getty Images Bitcoin prices rallied again today, surpassing the $36,000 price level as the cryptocurrency benefited from sustained momentum. The world’s most prominent digital currency climbed to as much as $36,461.69 at roughly 4 p.m. EST, according to CoinDesk data. After rising to this fresh, all-time… Source link

NETHERLANDS – 2020/12/22: In this photo illustration, the Bitcoin golden cryptocurrency … [+] commemorative coin seen displayed in front of uptrend graph lines. (Photo Illustration by Nik Oiko/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The only thing more contentious than politics today is Bitcoin. Ask the Twitterverse whether Bitcoin is a good investment and you’ll get too very different answers. First, the… Source link

Shares of cryptocurrency miner Marathon Patent Group Inc. shot up around 20% on Wednesday, helping to make the company the most recent member of the $1 billion digital-mining group, as bitcoin hit a fresh record near $36,000. According to FactSet data, the market value of Marathon Patent MARA, +25.57% was at $1.030 billion, after its shares gained a fifth in value contributing to a $165 million gain in market capitalization from yesterday’s rise. … Source link