The price of Bitcoin just hit $20,000 for the first time ever in a historic milestone for the world’s most popular cryptocurrency. The price of Bitcoin (BTC) has reached $20,000 for the first time in history on Dec. 16. The historic milestone comes just over two weeks after breaking its previous all-time high. BTC/USD weekly […]
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The institutional flood into BTC continues. A United Kingdom-based investment manager has added Bitcoin (BTC) to its portfolio, underscoring the ongoing institutional shift toward digital assets. Ruffer Investment Company Limited, an investment manager with shares listed on the London Stock Exchange, has disclosed its new Bitcoin strategy. In a performance update and manager comment posted […]
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Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, says Bitcoin is heading to $50,000 in 2021. The Bitcoin price (BTC) is heading to $50,000 in 2021, says the best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki. Kiyosaki pinpointed the “wall of institutional money” is coming to Bitcoin in 2021, which could push […]
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Bitcoin may never be a widely used medium of exchange, but it has become a useful store of value, former critics concede in 2020. Humans, being only human, tend to hang on to their cherished beliefs — even in the face of overwhelming contradiction. That’s why recantations — that is, public acts of refuting a […]
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As the cryptocurrency industry continues to grow, so does mining. But there’s a new trend developing now that has only recently emerged. Bitcoin mining started out as a small endeavor taken on by a few individuals repurposing home computers to mint virtual coins that were, at the time, almost worthless. Fast forward to 2020, and […]
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With so many opinions regarding crypto, here is a look at some of the most impactful quotes that symbolized 2020. Throughout the past decade, a lot has been said about Bitcoin (BTC) and the future of cryptocurrencies. However, 2020 has so far been a defining year for the industry as current events bring to life […]
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Bitcoin whale clusters show that the $18,600 level is the most important short-term resistance level for BTC price. The price of Bitcoin (BTC) has started to recover on Dec. 12 after briefly dropping below $17,700 yesterday. Whale clusters show that the $18,600 level remains the biggest short-term roadblock for BTC. Whale clusters form at a […]
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Big name financial players continue buying into Bitcoin. Throughout 2020, more than a handful of traditional financial giants have picked up stacks of Bitcoin (BTC), including the likes of billionaire Paul Tudor Jones and business intelligence firm MicroStrategy. These investments are part of a flow of big money entrances into BTC, Gemini crypto exchange co-founders […]
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The market-wide correction looks set to continue as Bitcoin and most major altcoins are facing selling at higher levels. Bitcoin (BTC) price has been gradually giving up ground for the past few days and that has a few investors afraid that a sharp correction or a bear market similar to the one in 2018 could […]
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Depositors using Fidelity Digital Assets custody will be able to access liquidity via BlockFi. Fidelity Digital Assets, the crypto arm of the asset management conglomerate, will allow institutional customers to pledge their Bitcoin (BTC) as collateral for cash loans. As reported Wednesday on Bloomberg, the firm partnered with crypto lender BlockFi to disburse the loans. […]
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