Tag: Bitcoin News

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Bitcoin and Altcoins Trend Turns Overwhelmingly Bullish

There was upside continuation in bitcoin price above the USD 22,000 resistance level. BTC even broke the USD 23,000 resistance and traded to a new all-time high near USD 23,800. The price is currently (13:00 UTC) correcting gains below USD 23,200, but it could restart its rise in the short-term. Also, there was a massive…
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(Un)Surprising Results Of Bitcoin’s 3 Year Journey From One ATH to Another

Bitcoin (BTC) has gotten far in just three years since its previous all-time high, breaking technological, psychological, and adoption barriers along the way, so we’ve checked the exact numbers and compared today’s to the previous all-time high in 2017 – and some results may be somewhat unexpected. While most values below (including the price) are…
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Global Mainstream Media Fills its Boots with Bitcoin News as Prices Rocket

With bitcoin (BTC) prices finally doing what they have threatened to do for the past few weeks – namely breaking the key USD 20,000 threshold and not stopping there – the mainstream media has once again gone gaga for crypto all over the globe. Here is how some of the world’s biggest media outlets have…
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Paypal Takes Another Step Into Crypto, Invests in Paxos

Online payments giant PayPal joined a USD 142m Series C investment round, helping major regulated blockchain infrastructure platform Paxos increase its total funding to USD 240m. The round was led by Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, Paxos said in a press release. Other investors include Mithril…
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More People Seem Interested in Buying Bitcoin (and Ethereum) Than Selling It

It would seem that people are much more interested these days in potentially owning (more) bitcoin (BTC), than they are in selling what they have. As we’re all well aware off, Google practically means ‘search engine’ at this point, so Google Trends can provide an interesting insight into what it is that people are curious…
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Bitcoin Touches USD 22K, Outperformed By XRP and Litecoin

After surpassing USD 20,000 for the first time since December 2017 yesterday, bitcoin (BTC) advanced by another USD 2,000 in less than a day. While BTC dominance increased, the top coin is not the best performer in the top 10 club today. (Updated at 05:56 UTC: two last paragraphs have been added.) At pixel time…
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S Korean Industry Body: Mandatory Crypto Disclosure Would Boost Credibility

A South Korean industry group has launched a push to introduce a mandatory crypto disclosure system that would force blockchain and crypto operators to make key details about their projects and platforms public. Per iNews24 and Gukje News, the proposal is the brainchild of the Korea Blockchain Enterprise Promotion Association (KBEPA), a body that represents…
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Bitcoin Just Shy of USD 20K, Altcoins Show Positive Signs

After forming a support base above USD 19,000, bitcoin price started a fresh increase. BTC broke the USD 19,500 resistance and it even spiked above USD 19,800. The price traded to a new yearly high above USD 19,880 and it is currently (13:00 UTC) eyeing a break above USD 20,000. Similarly, there were a few…
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UK Regulator Makes Temporary Register for Crypto Firms Awaiting Permits

The British Financial Conduct Authority (FCA) has launched a temporary program for registering crypto companies that are waiting to obtain approval permits. The move from the financial regulator will enable a large number of crypto businesses to continue their operations beyond the January 10, 2021, deadline for registrations until at least July 9 of next…
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The Big Comeback of 2020: Bitcoin Revisits USD 20,000 (UPDATED)

Source: Adobe/4K_Heaven It finally happened on December 16th, 2020. The most popular cryptocurrency, bitcoin (BTC) just revisited the USD 20,000 level for the first time since December 17th, 2017, when it touched USD 20,089. (Updated at 15:44 UTC: updates throughout the entire text.) At 13:49 UTC, BTC was already trading at more than USD 20,150…
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