Bitcoin (BTC) has marked the end of an era, as the benchmark cryptocurrency closes the door to its recent multi-year bear market and aims for a new all-time high. BTC is now on the brink of breaking the $18,000 psychological resistance, with bulls dramatically destroying every pre-existing key resistance level. The cryptocurrency has now been […]
Bitcoin (BTC) remains unrelenting in its quest to retake its all-time high. The benchmark cryptocurrency has recorded a new YTD high on the back of some positive news in the race to develop a COVID-19 vaccine. Earlier today, Moderna Therapeutics (NASDAQ: MRNA), one of the leading global pharmaceutical companies, reported that its Coronavirus vaccine candidate […]
It has been seven months since the government of the United States disbursed its first round of stimulus checks worth $1,200 to millions of citizens. That amount, if put into Bitcoin, would be worth about $3,000 today, unlike the dollar. Most of the stable economies opted for stimulus packages for its citizens as a means […]
Bitcoin (BTC) has recorded yet another YTD high around $16,500 before dropping to the $16,000 mark on Friday. Although the cryptocurrency has fallen close to 3% in the past 24 hours, investors are still very optimistic about the coming days and weeks. The recent drop to the $16,000 mark is presumed to be beneficial for […]
Bitcoin (BTC) bulls continued on their new ATH mission today and have sent the cryptocurrency to a new YTD high at $16,220. The cryptocurrency market rose to a high of $460 billion in today’s rally, as about $12 billion flowed into the market. Despite the heavy sell pressure around the $16,000 level, expectations for new […]
The creator of the popular stock-to-flow model, PlanB, has affirmed that Bitcoin (BTC) is going according to plan like “clockwork, “ following its third halving event. PlanB, an anonymous developer, has lauded the S2FX model and believes that BTC will be trading between $100,000 and $288,000 by the end of 2021. The stock-to-flow model and […]
Bitcoin (BTC) went into a frenzy yesterday, following positive developments of a possible COVID-19 vaccine. However, the benchmark cryptocurrency’s volatility appears to have calmed down and was last spotted trading around the $15,300 area. Volatility in the altcoin market has also been stabilized over the past 24 hours. BTC showed immense strength throughout last week, […]
It appears that volatility has seeped back into the cryptocurrency market. In today’s session, Bitcoin (BTC) has gained and lost about $600 within just a few hours apart. This spike occurred on the back of the recent announcement by Pfizer, one of the largest drugmakers in the world, that they have successfully gotten a 90% […]
The cryptocurrency ATM market is expanding at an exponential rate never witnessed before. According to a study from Coin ATM Radar, a crypto metrics website, the deployment of new cryptocurrency ATMs has grown by about 80% in 2020 alone. This figure represents 3 times the growth rate recorded last year. So far in 2020, the […]
