Bitcoin

Bitcoin is trading higher on Tuesday, and the bull market is looking less overheated than it did a day ago. At press time, the top cryptocurrency by market value is changing hands near $31,590, representing a 5% gain on a 24-hour basis. Bitcoin had dipped...

Raoul Pal previously said that Bitcoin is slowly eating the world as observed with the banking system. Renowned economist and investment strategist Raoul Pal highlighted some of the future market outlook during a YouTube interview entitled ‘Financial Manager interview #006’. According to Pal, former Goldman...

The Bitcoin price surged above $35,000 overnight, recording a 10% increase within 12 hours. The major catalyst behind it has likely been the aggressive accumulation of BTC from buyers on Coinbase.Throughout the past week, whenever the Bitcoin price was trading higher on Coinbase, a...

Investment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, Bloomberg reports. “A crowding out of gold as an ‘alternative’ currency implies big upside for...

Skybridge Capital, the hedge-fund investing firm headed by Anthony Scaramucci, confirmed its launch of a new bitcoin fund Monday and said its exposure to bitcoin has already reached $310 million. The announcement, made in a press release, comes a week after CoinDesk reported on...

There comes a point in every investor’s journey when he must admit he is wrong about something. In my case, I was wrong about bitcoin and whether it would ever be considered a legitimate asset class. This realization dawned on me in the last month when...

Over-leveraged bitcoin investors in the derivatives market led to Monday’s sell-off while ether spot and futures markets are starting to get a lot more attention. Bitcoin (BTC) trading around $31,444 as of 21:00 UTC (4 p.m. ET). Slipping 5.7% over the previous 24 hours. Bitcoin’s 24-hour...

Bitcoin (BTC) suffered its biggest pullback in four months, tumbling 9% after a seven-day winning streak that took prices to a new all-time high of $34,347 on Sunday.  “Bitcoin is having a much-needed reset,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk. Some analysts...

Jack Dorsey, the CEO of Twitter, officially confirmed on Twitter that the platform has extended the Bitcoin emoji until the year 3000, which is 979 years from now. We have a while https://t.co/SFYVeCDfs7 — jack (@jack) January 4, 2021 Jane Manchun Wong, an analyst, said:“There’s a hashflag...

Bitcoin has shed much of the weekend’s stellar gains, as relatively cheap alternative cryptocurrencies play catchup with the crypto market leader. At the press-time price of around $29,000, bitcoin is down over 13% on a 24-hour basis, according to bitcoin. Prices have declined by...