Bitcoin has resumed its journey toward a new all-time high and the renewed bullish momentum is pulling altcoin prices higher. As Bitcoin (BTC) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market. Mike McGlone, a senior commodities strategist at Bloomberg Intelligence, […]
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Anthony Scaramucci’s investment firm, SkyBridge, seeks approval from the SEC to invest in crypto. Investment firm SkyBridge, founded by former Goldman Sachs’ vice president Anthony Scaramucci, is one of the latest companies looking to invest in cryptocurrency. The company is putting together a hedge fund that includes Bitcoin (BTC) investment, according to a United States […]
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Bitcoin price hit a new 2020 high at $16,765 and traders expect a much larger rally to occur in the near term. The price of Bitcoin (BTC) hit a new yearly high at $16,717 on Binance. Following the breakout, traders expect a larger rally to occur in the near term. There are several reasons why […]
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Bitcoin price may be nearing exhaustion after recording its sixth consecutive weekly green candle. Bitcoin price has been showing significant strength as Bitcoin (BTC) rallied by more than 60% in a matter of six weeks, surging from $10,000 to $16,500 and leaving many investors behind. These investors were waiting for the close of the CME gap […]
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The chairman of the Securities and Exchange Commission is set to move on after three-and-a-half years in the role. Jay Clayton, who has served as the chairman of the United States Securities and Exchange Commission since May 2017, will be leaving the agency by the end of 2021. In its official news release, the agency […]
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The delisting of Dash and Zcash has some wondering about the future of privacy coins on major exchanges. It shouldn’t come as a surprise that regulators are starting to pay close attention to cryptocurrencies this year. For instance, as the price of Bitcoin (BTC) continues to soar, it’s predicted that regulators will start taking direct […]
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Bitcoin price has a clear run to an order of magnitude in gains, Mike McGlone argues as $16,000 is quickly reclaimed. Bitcoin (BTC) hitting its all-time highs of $20,000 again is not the end, but the start of its explosion to a $1 trillion asset, a senior Bloomberg analyst says. In a tweet on Nov. […]
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Fidelity Digital Assets has published its response to commonplace criticisms of Bitcoin. “Bitcoin has failed as means of payment” is one of the prevalent criticisms of Bitcoin (BTC) that Fidelity Digital Assets is seeking to rebut. In a blog post published on Nov. 13, the firm took on six “persistent” criticisms, including Bitcoin’s volatility, environmental […]
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It is not currently clear when or if China Construction bank’s debt issuance sale will be rescheduled. The listing of China Construction Bank’s blockchain-based debt issuance bonds has been delayed “at the request of the issuer” until further notice, according to a Nov. 13 statement from the Fusang exchange where they were due to be […]
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However improbable this seems, it would represent the “weakest” major rally so far, at a 102 times increase from low to high. A recent Bitcoin (BTC) technical analysis prepared by CitiFX for its institutional clients points to a potential high of $318,000 sometime in December 2021. As highlighted by Twitter commentator Alex on Nov. 14, […]
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