Bitcoin is selling for over $24,000 in Iran on the Localbitcoins platform as escalating tensions with the United States increase the possibility of war. Iran-based sellers on peer-to-peer trading platform LocalBitcoins are currently asking for around 1 billion Iranian rials or over $24,000 per Bitcoin (BTC) — well over its 2017 all-time high — as…
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Bitcoin is making the U.S. dollar look like the German papiermark of the 1920s, says Antoni Trenchev as BTC/USD hits $7,300. Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media. In an interview with Bloomberg in Berlin on Jan. 3, Antoni Trenchev, head of…
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Bitcoin price abruptly rallied 6.5%, reclaiming yesterday’s losses and attempting to set a daily higher high above $7,300 but will more buyers now step in? In a stunning turn of events, Bitcoin (BTC) price swiftly reversed course and rallied 6.4%, reclaiming ground lost over the last 24-hours and briefly topping $7,288 before pulling back to…
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Bitcoin price dropped below $7K, leading traders to look for a bounce at the $6.8K support. Today, Bitcoin (BTC) price abruptly dropped below the $7,100 support, declining 3.35% to rest near $6,900. For the past few days, Bitcoin price traded between $7,300 and $7,100, testing the $7,100 and $7,050 support multiple times. Therefore, for many…
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A calm start to 2020 may end in a shake-up next month, commentators suggest, but huge progress is needed to match the most bullish Bitcoin price forecasts. Bitcoin (BTC) traded broadly sideways on the first day of the 2020s as consensus swirled ever stronger around a Q1 breakout. Cryptocurrency market daily overview. Source: Coin360 BTC…
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Ripple’s XRP token had a dismal 2019, losing half its value in USD and two-thirds of its value against Bitcoin, but will 2020 finally break the downtrend? Bitcoin (BTC) price has seen a significant increase in 2019 (by more than 100%), while altcoins are actually down significantly from the beginning of the year. Moreover, most…
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While Bitcoin price has been suggesting that the bottom has been found, there’s a good chance that a revisit of the $6,000s will occur in the near future. Bitcoin (BTC) closed the week at $7,385, which represented a 1.71% reduction in valuation. The lows for the week were some 4.5% lower at $7,053. But a…
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Bitcoin price could experience a relief rally as high as $9K before a bear trend resumes with the beginning of the new year. Bitcoin price (BTC) has been in a sidewards range for several weeks now, with some people on team bear calling for fresh lows in the region of $3,000 while the bulls have…
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The Galaxy Digital co-founder says the coming twelve months will prove bullish for Bitcoin, which has room to almost double its current levels. Bitcoin (BTC) will hit $12,000 in 2020 as markets recover from fresh suppression, one of its most outspoken investors has said. Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital, made the…
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Analysis of on-chain activity shows a “bullish reaccumulation,” says Willy Woo, as Bitcoin’s 200 week moving average stays positive. Bitcoin (BTC) never saw a bear market in 2019 — and the evidence is easy to find on the blockchain, according to some prominent figures. Data covering various metrics shows that despite recent price volatility, Bitcoin…
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