The entire cryptocurrency market fell by about 8% over the past 24 hours, as Bitcoin (BTC) extended its correction. The early Asain session today was a bloodbath for the industry and shaved about $150 billion off the market cap of the industry. The massive drop got precipitated by Bitcoin’s failure to break the crucial $56,700 […]
Tesla’s plan to begin accepting Bitcoin (BTC) as payments for its vehicles is now live. The CEO of the company, Elon Musk, broke the news via Twitter on Wednesday. The Bitcoin payment option has gotten added to the company’s website, along with a section explaining how to make cryptocurrency payments. Musk noted that “Bitcoin paid […]
On-chain analytics provider, Glassnode, has reported that addresses holding 0.1 to 1 Bitcoin (BTC)—which it fondly calls “Sat Stackers’’—have seen a significant spike since March 2020’s cryptocurrency market crash. However, the firm also warned that its on-chain metric shows that the bull market could be entering its late stages. Glassnode explained that Sat Stackers have […]
The original Bitcoin takes center stage at Sir Anthony Ritossa’s 13th Global Family Office Investment Summit in Dubai as Jimmy Nguyen, founding president of Bitcoin Association, gave a keynote presentation and hosted a panel discussion and other Bitcoin SV proponents and clients presented testaments as to how it can be used in various business platforms. […]
Following a brief retest of the $60k area yesterday, Bitcoin (BTC) has fallen off a cliff by more than $4,000, dragging the entire cryptocurrency market along. The latest correction occurred over the past 24 hours but has since recovered above the $56k level. According to a report by Glassnode, the number of whales holding at […]
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 […]
