Bitcoin

LONDON, ENGLAND – NOVEMBER 20: A visual representation of the cryptocurrency Bitcoin on November 20, … [+] 2020 in London, England. The price of Bitcoin has risen sharply in the the last two months, to a high of around 18,800 USD, gaining nearly 100% since September. This rise has propelled the price of the cryptocurrency back to near it’s all-time-high price of 20,000 USD, which it peaked at in December 2017. Since it’s inception in 2009, the price of Bitcoin has… Source link

The price of bitcoin has crossed a new all-time high on Saturday morning (EST), spiking over $31k per coin. At around 8:43 a.m., bitcoin’s value climbed to $31,417 per unit with roughly $12 billion in global trade volume. Bitcoin (BTC) has surpassed the $31k price zone, and has jumped very close to the $32k range. At around 8:43 a.m. (EST), the crypto asset spiked to $31,417 per bitcoin reaching another all-time price… Source link

Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback. Cryptocurrency market overview. Source: Coin360 Data from Cointelegraph Markets, Cryptometer and TradingView confirmed that as BTC/USD peaked at $30,960 on Jan. 2, it liquidated $100 million of shorts. BTC shorters feel the burn… again Amid highly volatile conditions, Bitcoin attempted to crack $30,000 several times on New Year’s Day and overnight before finally… Source link

Bitcoin has just closed out one of the biggest years in its history, second only to the crypto-mania fueled retail rally of 2017. The bitcoin price has added over 300% during the last 12 months, climbing past its 2017 highs amid renewed institutional interest and the prospect of broader mainstream adoption. Now, as the bitcoin price hovers under the psychological $30,000 per bitcoin level, cryptocurrency traders and investors are looking for clues that might reveal how bitcoin will fare… Source link

Kenny Malone and Alice Wilder Kenny Malone and Alice Wilder Note: This episode originally ran in 2018. Plenty of people will tell you they’re getting rich off of bitcoin. They could be right. But there’s another group of bitcoin owners that aren’t so ecstatic. Because they might be rich, too, but they lost the… Source link

Bitcoin outperformed Gold in 2020, and it will do so again in 2021. getty Bitcoin is barely a decade in existence while Gold has been the go-to commodity investment in times of turmoil throughout human history. No matter what the New Year brings, the cryptocurrency will outperform the ancient metal in investment portfolios again in 2021. Here’s why. ADVERTISEMENT Both Gold and Bitcoin are seen as stores of value, as protection from political and… Source link

It took bitcoin (BTC) 10 years in existence to reach the $20,000 mark, on Dec. 15. Then it took just 15 days to reach $29,000. It took the Dow Jones almost three years to make the same move. Bitcoin started the year at $7,200. It’s ending the year close to $30,000, up 296%. (For comparison, the Nasdaq is up 43% in 2020, the S&P 500 up 16%, the Dow up 7%.) The 2020 bitcoin bonanza can be chalked up to a convergence of many positive factors, as well as a convergence of narratives. In the past,… Source link

Photographer: Chris Ratcliffe/Bloomberg Photographer: Chris Ratcliffe/Bloomberg Bitcoin vaulted above $29,000 to reach yet another record level on the last day of 2020, in a fitting end to a groundbreaking year for the… Source link

Cryptocurrency mining rigs sit on racks at a Bitfarms facility in Saint-Hyacinthe, Quebec, Canada, on Thursday, July 26, 2018. Bitcoin has rallied more than 30 percent in July, shrugging off security and regulatory concerns that have plagued the virtual currency for much of this year. … Source link

Share Tweet Share Share Share Email This year is one for the history books for all sorts of reasons, not all of them bad. For cryptocurrencies, 2020 shaped up to be a banner year. And as we start the clock on 2021, a number of people, places and trends bear watching because, after all, it’s not as if everything stops on Dec. 31. First things first, as they say. The wild price swings in this space are only part of the story, but they do indeed form a large part of the narrative we’ll see… Source link