Bitcoin

Bitcoin made some gains Friday, but ether hit another brand-new price high ahead of CME’s ether futures launching on Monday. Bitcoin (BTC) trading around $37,751 as of 21:00 UTC (4 p.m. ET). Gaining 0.32% over the previous 24 hours. Bitcoin’s 24-hour range: $36,637-$38,332 (CoinDesk 20) BTC below the 10-hour but above the 50-hour moving average on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Feb 2.Source: TradingView The price of bitcoin is now… Source link

Chesnot/Getty Images Bitcoin climbed above $38,000 for the third time in a week on Friday in an attempt to hold the key support level. The cryptocurrency has steadily trended higher after peaking near $42,000 last month and plunging soon after. Indicators suggest the coin has room to run and will make another run at the $40,000 level, one analyst said. Watch bitcoin trade live here. Bitcoin rose as high as $38,346.61 on Friday as the world’s most popular cryptocurrency faced the… Source link

Bitcoin drifts higher, DeFi tokens moon, dogecoin pants Bitcoin was higher early Friday, pushing toward $38,000, around the highest levels in about three weeks.  The news overnight was mixed, with an Australian central bank official telling lawmakers in the country that bitcoin is “not a payment instrument and it’s not even really money,” while Twitter and Square CEO Jack Dorsey tweeted that he had set up his own bitcoin node. Key price levels: “Should we go higher, we’ll be eyeing… Source link

Ethereum pauses at record high, bitcoin’s rally stalls, DOGE Moons Ether (ETH) prices were lower after surging 10% on Wednesday to a new record, climbing past $1,600 for the first time.  The recent gains appeared driven by signs of growth on the cryptocurrency’s underlying Ethereum blockchain network, as well as interest from institutional investors starting to venture beyond bitcoin, the oldest and largest cryptocurrency.  “Ethereum is in such high demand because the asset is undergoing… Source link

I am as fascinated by cryptocurrency and Bitcoin (CCC:BTC) as most investors. Perhaps more. And like most other people, I struggle to understand what it is and how to make sense of it. Source: Shutterstock That’s why I think it’s valuable to compare it to other, more well-established assets. Investors might be surprised that Bitcoin isn’t all that different to some of the most traditional forms of investment.  Bitcoin Like Other Great Assets  When investors talk about… Source link

This article is part of the FT’s Runaway Markets series. A flood of central bank stimulus and widening interest among retail and institutional investors has sustained the rally in cryptocurrencies, analysts say, even as sceptics warn that the market is in the midst of a bubble. Bitcoin kicked off February at just above $36,000, about $5,000 beneath the all-time peak it hit last month. The digital currency briefly wobbled after reaching the high in early January, but has so… Source link

Anthony Scaramucci, named Donald Trump’s new White House communications director speaks during a press briefing at the White House in Washington, DC on July 21, 2017. – Anthony Scaramucci, named Donald Trump’s new White House communications director, is a millionaire former hedge fund investor who shores up the stable of bankers in the president’s inner circle.It is the first administration role for the 53-year-old Republican fundraiser with telegenic looks who has long been an… Source link

Visa V , a one-time enemy of the bitcoin and cryptocurrency community, is fast becoming one of bitcoin’s biggest cheerleaders. After partnering with 35 various bitcoin and cryptocurrency platforms in recent years, the credit card company has announced it plans to help banks roll out bitcoin and cryptocurrency buying and trading services with a Visa crypto software program, set to launch later this year. MORE FROM FORBESTesla CEO Elon Musk: Bitcoin On ‘The Verge Of Broad Acceptance’

Bitcoin reversed several days of sideways trading to head higher, ether broke $1,500 for the first time and DeFi’s ecosystem has a record amount of value locked in dollar terms. Bitcoin (BTC) trading around $35,824 as of 21:00 UTC (4 p.m. ET). Gaining 6% over the previous 24 hours. Bitcoin’s 24-hour range: $33,459-$35,824 (CoinDesk 20) BTC above the 10-hour but below the 50-hour moving average on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp since… Source link

Bitcoin (BTC) was higher for a second day, pushing toward the upper end of the range between roughly $30,000 and $36,000 where it has traded for the past couple weeks. Ether (ETH), the second-biggest cryptocurrency, rose toward a new record, potentially fueled by fresh interest in the blockchain’s decentralized trading systems amid widespread dismay over the retail-investing platform Robinhood’s handling of the GameStop saga. (See Token Watch, below.)   XRP (XRP), whose prices had  Source link