Bitcoin

getty This is my map for the next run in bitcoin (BTC) as per my mid-November guestimates: My prediction for the bitcoin price in 20201 Credit: ADVFN ADVERTISEMENT You can look at it this way, too: Another view of the predicted bitcoin price Credit: ADVFN This is the trajectory I’m expecting over the next few weeks. It is fiendishly difficult to predict these verticals. It doesn’t… Source link

It’s that time of year again, so let’s take a look at some cryptocurrency and blockchain predictions for 2021. getty This past year has been a tumultuous one to put it mildly, but against that backdrop the blockchain and cryptocurrency sectors continued to advance, develop, and grow. Whether it took the form of increased regulatory attention and clarification, wider adoption of bitcoin and other cryptocurrencies as a medium of exchange, or the broader utilization… Source link

What happened The bitcoin rally has faded for now. According to CoinDesk, bitcoin hit an all-time high of $24,273 on Sunday, but it’s pulled back about 6% as of this writing. But even though bitcoin is down today, stocks for bitcoin miners are up. Consider how these stocks ended the day: The movement of these… Source link

Reuters Bitcoin plummeted as much as 6% on Monday, representing the deepest drop in the crypto asset in nearly a month. The decline comes after Bitcoin rocketed to record highs above $24,200 as adoption among institutional investors and companies like Square, and PayPal increases. A reported hack at the hardware wallet firm Ledger as well as the US Treasury’s proposed rules that would reign in the cryptocurrency likely weighed on investor sentiment. Watch bitcoin trade live here.  Source link

Bitcoin Era Software Review Bitcoin Era is a trading platform that allows its clients to trade in Bitcoin and other cryptocurrencies. New York City, NY, Dec. 20, 2020 (GLOBE NEWSWIRE) — If a person is looking to put their money in the crypto market, there are two ways to do it. Either they can choose to invest, or they… Source link

Tesla TSLA chief executive Elon Musk has sparked speculation his electric car company could add bitcoin to its balance sheet during a public exchange on Twitter. Musk, the billionaire serial entrepreneur who’s ridden Tesla’s soaring share price toward the top of the global rich list this year, asked whether it was possible to convert billions of Tesla’s dollars to bitcoin. MORE FROM FORBESCoinbase CEO Brian Armstrong Issues Serious Warning As Bitcoin Surges Toward $25,000By Billy… Source link

Lucas Jackson/Reuters Bitcoin bull Mike Novogratz explained two pandemic-induced trends that accelerated the “cryptocurrency revolution” during a Real Vision interview published Friday.  The first: the policy response to the global pandemic, specifically from the US government he said. And the second trend: the “digitalization of everything.”  “We are going to look back and in some weird way, this is going to have been a blessing for the cryptocurrency revolution,” Novogratz… Source link

This has been a history-making week, and I’m not just talking about the rollout of coronavirus vaccines. On Wednesday, Dec. 16, we witnessed the largest cryptocurrency in the world by market cap, bitcoin, blow past its previous high and eclipse $20,000 per token. In fact, bitcoin went on to also blow by $21,000 and $22,000 within a matter of hours. For as volatile as the stock market has been in 2020, you wouldn’t know it by looking at bitcoin, which is up by 201% on a year-to-date basis… Source link

Bitcoin has surged higher again, soaring to fresh new all-time highs of over $24,000 per bitcoin after beginning the week at under $19,000. The bitcoin price, up a staggering 30% this week alone, climbed to $24,220 on the Luxembourg-based Bitstamp bitcoin and cryptocurrency exchange before falling back slightly. However, amid this week’s huge bitcoin and cryptocurrency Santa rally—which has added over $100 billion to the value of the world’s digital tokens—Coinbase chief executive… Source link

A chain of block erupters used for Bitcoin mining. REUTERS/Stephen Lam Bitcoin’s market cap could hit a trillion dollars as early as 2021, according to Blockchain.com’s head of research. “My expectation is that bitcoin will become a trillion dollar asset as early as next year,” Garrick Hileman, who is also a visiting fellow at the London School of Economics, told Business Insider. Although the 2020 bitcoin rally was largely driven by institutional investors, he expects to see… Source link