Bitcoin

The price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November. Bitcoin (BTC) trading around $19,363 as of 21:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours. Bitcoin’s...

The path of least resistance for bitcoin is on the higher side, and the cryptocurrency could more than double from its current value in 2021, according to Bloomberg analysts.  “Bitcoin will maintain its propensity to advance in price into 2021, in our view, with macroeconomic,...

Bitcoin was lower, pushing prices back down below $19,000 toward where they started the week.  Digital-asset traders have been speculating whether prices would quickly breach $20,000 after the cryptocurrency surged earlier this week to a new all-time high of $19,920. But so far the market...

Less than a week ago, bitcoin’s price set a new all-time high at $19,920.53. However, the oldest cryptocurrency is still struggling to break above the $20,000 level.  The reason that milestone remains elusive, according to analysts and traders, is simple: There are too many sell...

Some bitcoin selling on Friday caused its price to decline. Ether options traders appear less inclined to place bets on the asset’s price, as evidenced by lower Deribit volume. Bitcoin (BTC) trading around $18,975 as of 21:15 UTC (4:15 p.m. ET). Slipping 2.1% over the...

A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts,...

While the Bitcoin system was the first stop for most investors before this year, a growing number of people are paying attention to Ethereum in its own right in 2020, Michael Sonnenshein, managing director at Grayscale Investments LLC, said.  “Over the course of 2020 we...

The G7 officials discussed the need to regulate crypto assets and prevent its use for any malicious or illicit activities. There’s strong support across the top economies to regulate digital assets.On Monday, December 7, G7 officials met for discussions on the latest economic outlook...

MicroStrategy has quickly become one of Bitcoin’s biggest supporters in the world of traditional firms and institutions. The business services and analytics company, based in the Eastern U.S., shocked the world when it invested $250 million from its balance sheet into BTC.This took many...

Bitcoin funds focused on the digital asset and other large-cap cryptocurrencies are seeing record inflows this year amidst rising inflation concerns and a bleak macroeconomic outlook.As per a report by international news outlet Reuters, institutional investors purchased over $429 million worth of cryptocurrencies via...