Bitcoin’s rally from $12,000 has been mostly driven by “institutional hunger”: data
Bitcoin has undergone a strong surge over the past two months that has brought it from the $11,000-12,000 range to new all-time highs just shy of $20,000. The strength of the rally is almost on par with the rally at the end of 2017.According...
BlockFi and Visa Partner to Launch Bitcoin Rewards Credit Card Early 2021
The rewards credit card users will receive 1.5% back on all purchases made using the card to be launched in Q1 2021.BlockFi, a New York-based cryptocurrency lender, just added “payments” to its list of products and services. BlockFi announced on December 1st that in...
Nearly 20% of PayPal Users Trade Bitcoin Using PayPal App
However, the survey revealed that PayPal has a challenge with making non-Bitcoin traders grow interests in digital assets.
About 20% of all PayPal Holdings Inc (NASDAQ: PYPL) users have traded Bitcoin via the PayPal app. CoinDesk noted that the data was revealed by investment banking company...
BTC Analysis: It Only Dropped To Test The Support
Bitcoin nailed a new all-time-high at $19 906 today in the wake of setting a new ATH yesterday at $19 856. The most anticipated $20K is yet to be reached, and according to the price action, establishment of a new ATH at levels around...
Crypto Donations: Bitcoin Tuesday to Raise $1M Today and Give to Charities
As the holiday season approaches, charities are getting ready to receive donations of various cryptocurrencies. One such worldwide crypto-focused charity event started on December 1.Started from December 1, the crypto-based charity event, dubbed Bitcoin Tuesday, looks to raise donations amounting to at least $1...
How much is Square up from its Bitcoin investment?
After more than a decade since its inception in late-2008, Bitcoin has seen a massive rise from being an obscure internet currency used by drug dealers and shut-ins to a formidable asset class that attracts billions of dollars in trading volume each day.2020 has...
Why one analyst is concerned after Bitcoin tapped new all-time highs yesterday
Bitcoin tapped new all-time highs on top exchanges yesterday, reaching $19,950 in some markets. The CME’s Bitcoin futures market also saw a strong surge amid institutional buying activity.There has since been a $1,000 retracement to the high $18,000s. Some analysts are worried that this...
What happens to Bitcoin after 9% plunge in 2 hours? Analysts explain
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Bitcoin Reaches New All-time High, BTC Price Surpasses $19,783
Bitcoin reaches an all-time high in three years in a 167% year-to-date increase that has been attributed to illiquid BTC and proposed regulatory changes among others. All this happened despite low publicity.Bitcoin has reached a new all-time high three years after December 2017’s $19,783...
Community reacts to new Bitcoin all-time high on top exchanges
There it is, a new Bitcoin all-time high. Well, kind of.On at least two top exchanges Bitstamp and Binance, the price of the leading cryptocurrency passed its 2017 highs, reaching the $19,800 region. BTC has yet to surpass the $20,000 price point that many...