Bitcoin (BTC) has had an erratic trading session over the past 24 hours, as bulls and bears battle for dominance. At the moment, bears appear to be in control following the sharp 6% correction that befell Bitcoin recently. Bulls began the week on a steady footing following several favorable fundamental factors that sparked optimism among […]
The CEO of Visa, Al Kelly, has announced that the financial services giant is nursing plans to enable Bitcoin (BTC) purchases on Visa credentials. The statement is coming only a few weeks after rival financial services provider—MasterCard—announced its cryptocurrency plans. The CEO broke the news during a session on Fortune’s Leadership Next podcast, where he […]
Key HighlightsBitcoin retraced to $54,000 support levelThe king coin is fluctuating between $55,000 and $60,000 Bitcoin (BTC) Current StatisticsThe current price: $55,403.68Market Capitalization: $1,162,515,939,065Trading Volume: $58,477,329,032Major supply zones: $60,000, $62,000, $64,000Major demand zones: $50,000, $48,000, $46,000 Bitcoin (BTC) Price Analysis March 16, 2021 Bitcoin price is retracing after rejection from the $62,000 resistance zone. Today, […]
Key HighlightsBitcoin rallied to $61,693 highThe king coin is now consolidating above $60,000 support Bitcoin (BTC) Current StatisticsThe current price: $59,762.93Market Capitalization: $1,255,380,332,083Trading Volume: $48,920,232,234Major supply zones: $60,000 $62,000, $64,000Major demand zones: $40,000 $38,000 $36,000 Bitcoin (BTC) Price Analysis March 14, 2021 Yesterday, the BTC price broke the $58,000 high as the market reached a […]
As Bitcoin (BTC) continues to scale at unimaginable speeds, more companies join the race to launch a Bitcoin ETF in the US. Valkyrie Digital Assets is the latest company to hop on the bandwagon for a US-based BTC ETF. According to a recent statement by Valkyrie Digital Assets, the proposed ETF will be based on […]
Bitcoin (BTC) might leap from being a digital asset to a physical one. Noteworthy, a new US-based startup is working on creating the very first bitcoin-backed banknotes to give Bitcoin offline transaction features, which would make it more efficient and appealing for non-tech-savvy users. Noteworthy is a joint project by the former director of the […]
In a filing with the SEC yesterday, JP Morgan Chase & Co. announced that it has set up a structured investment vehicle that gives its clients exposure to cryptocurrencies. The company explained that “the notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC,” adding that the payment is “fully and unconditionally guaranteed […]
According to a recent report by popular South Korean newspaper house Dong-A, cryptocurrency investors in the country transacted about $7 billion per day from January 1 to February 25, 2021. Kim Byeong-wook, a Democratic member of the parliament, arrived at that figure by collecting data from Bithumb, Upbit, Korbit, and Coinone, some of the most […]
On-chain analytics firm, Glassnode, has reported that there is now solid support at the $47,000 level for Bitcoin (BTC). The firm made its discovery public in its latest Week on Chain report based on an analysis from chart expert Willy Woo and data scientist Rafael Schultze-Kraft. Woo noted that a significant volume of BTC got […]
