On-Chain Analyst Willy Woo Predicts $55K for Bitcoin as BTC Hits $23K
Bitcoin is poised to further growth, unlike the situation when it reached its previous all-time high in December 2017.
On-chain analyst Willy Woo said $55,000 is the next landmark for Bitcoin as the leading digital asset hits an all-time high of $23,000. Bitcoin recently reached...
Crypto Surveys Expect Bitcoin to Double Its Current Value in 2021
Bitcoin has also become a sudden hedge for investors to shield their investments against legitimate inflation as a result of numerous government’s effort to support economies and increase in spending due to the pandemic.
The biggest digital coin in the crypto world Bitcoin has been...
As Bitcoin (BTC) Moves Past $23,500 Guggenheim CIO Calls for $400,000 Price Target
Guggenheim CIO Scott Minerd says that the rampant money printing by the Federal Reserve coupled with Bitcoin scarcity makes a favorable case for the BTC. Thus he expects BTC to skyrocket to $400,000 wherein it will be close to the global gold market cap.Bitcoin...
Coinbase CEO Pens Words of Caution to Crypto Newcomers
Coinbase CEO Brian Armstrong provided words of warning to new cryptocurrency buyers amid bitcoin’s latest climb to fresh all-time highs.
In a blog post on Wednesday, the CEO of the leading cryptocurrency exchange said he and his company take a “long-term view of the market”...
Bitcoin Sailing in Uncharted Waters as Price Crosses $22K for First Time
Bitcoin is heading north, having blown past two price hurdles to reach another record all-time high.
At around 2:40 UTC Thursday, the price of the world’s first cryptocurrency rose above $22,000 for the first time, having anchored at around $21,300 for a few hours during...
Bitcoin Drops Nearly 7% After Setting New Record High of $23,770
Bitcoin surged to new record highs above $23,000 earlier on Thursday, before quickly falling back by over $1,500.
The cryptocurrency dropped from the all-time high of $23,770 to $22,185 in the roughly 30 minutes to 09:45 UTC – a 6.67% drop, according to the CoinDesk...
Bitcoin Mining Stocks Surge as BTC Price Moves Past $23,500
Bitcoin mining stocks shined bright soon after the BTC price crossed $20,000 levels on Wednesday. Bitcoin has surged over 20% in the last 24 hours and has moved past $23,500 levels hitting a new all-time high.It’s a wild ride currently for Bitcoin (BTC) investors...
One of Bitcoin’s earliest users might soon get a U.S. presidential pardon
Silk Road founder Ross Ulbricht, who operated the dark web site from 2011 to 2013 before his arrest, could soon get pardoned by US President Donald Trump if things work out. Silk Road was among the first public businesses to use Bitcoin, a move that...
What Is Proof-of-Work?
Proof-of-work is the algorithm that secures many cryptocurrencies, including Bitcoin and Ethereum. Most digital currencies have a central entity or leader keeping track of every user and how much money they have. But there’s no such leader in charge of cryptocurrencies like Bitcoin. Proof-of-work...
Chinese state TV covers Bitcoin pushing 20% above $20,000
Finally, the world’s eyes are on Bitcoin.Over the past 36 hours, the leading cryptocurrency has enjoyed a jaw-dropping rally that has brought it from $19,000 to as high as $23,800 on leading spot and futures exchanges. Bitcoin is primed to move even higher, analysts...