Bitcoin price surged to $24.6K, but direction of next rally is unclear

The price of Bitcoin surpassed its all-time high and surged above $24,600 as traders analyze what will come next. The price of Bitcoin surpassed its all-time high on Christmas, reaching $24,681 on Binance. Following BTC’s strong rally, traders and analysts are exploring short-term bear and bull cases.  The market sentiment around Bitcoin remains overwhelmingly positive, but […]

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Novogratz hopes Biden admin reverses Trump’s anti-crypto stance

Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.” The United States is in desperate need of open-minded cryptocurrency regulations from the incoming Biden administration, according to Galaxy Digital CEO Mike Novogratz.  Appearing in a Thursday segment of CNBC’s Sqwuak Box, Novogratz said the Bitcoin (BTC) bull market has proven resilient to the recent […]

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New Bitcoin price highs revive old misconceptions about BTC and crypto

With crypto exceeding all monetary expectations in 2020, some mainstream analysts have reverted to long-forgotten arguments from 2017. As anyone following the crypto industry will have noticed, yes, Bitcoin (BTC) did recently smash its previous all-time high of around $20,000. Now, many analysts anticipate the cryptocurrency to eventually rise to the mid-$30,000s or even higher […]

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