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The run of the crypto market in November-December 2020 led to a sharp increase in the bitcoin dominance index. This figure rose to the highest level since the end of last year and is close to 70%. The rise in BTC dominance has occurred not only as a result of a rally in the crypto market over the...
The rollback of Bitcoin that followed its jump last week will not be able to break the overall positive trend, says Pierce Crosby, manager of the popular TradingView service. Today BTC is trading at $ 23,500 the capitalization of the largest digital currency has decreased over the past day to $...
Investment firm SkyBridge Capital has confirmed a $ 25 million investment in BTC through its new fund. In an interview with CNBC, SkyBridge Capital founder Anthony Scaramucci revealed that assets have already been moved and the company has launched a full node on the Bitcoin network. Fidelity...
On December 21, business analytics firm MicroStrategy informed about a new Bitcoin deal. The platform acquired 29,646 BTC for $ 650 M. Presently, the company holds 70,470 BTC overall. The average cost of one asset would be $ 15,964. Due to this, MicroStrategy became the fifth-largest individual...
According to Miller Tabak strategist Matt Maley, in the new year, we will see a significant drop in the value of bitcoin. From the current values, the largest cryptocurrency may fall in price by 25-30%, the expert said on the air of the CNBC channel. However, in the long term, BTC will retain its...
Over the past several months, large investors have been aggressively buying bitcoins. According to Chainalysis, since September, the so-called "whales" have acquired about 500,000 BTC for a total of more than $ 11.5B. According to the representative of this team, Philip Gradwell, in...
Bitcoin this week reached the highest values in its history. The coin has exceeded $ 23,000. Today, it is trading at $23,015. BTC capitalization on Friday, December 18, is just over $ 420.424 billion. Many observers believe that Bitcoin will not stop there and will soon take on new heights. One of...
Coinbase and Binance have reported overloading trading systems amid a surge in traders. The rise of Bitcoin and other digital currencies has become the main reason for the failure of platforms. Binance CEO Changpeng Zhao tweeted that the number of people visiting the exchange has skyrocketed. That...
Bitcoin continues showing strong bullish signs. Just a few hours later after surging $20000 it records a new all-time high surpassing $23.000. At the moment the cryptocurrency trades above $22.700. The price increased over 12% in a day. Analysts predict the rise will continue. BTC market cap has...
First time in history BTC price surpassed $20.000. Now it trades for around $20800. The leading cryptocurrency's hash rate has been displaying stability for several days. Crypto analytics firm Glassnode informs that along with this, the amount of liquidations of short positions on Binance has gone...
Among the leading TV channel CNBC there are supporters of the cryptosphere and bitcoin, in particular. Last year, Joe Kernen said on the air of the TV channel that after the May halving of 2020 (reduction of the miners' reward), we will see a rise in the value of BTC. Moreover, the presenter did...
New-York based multinational investment bank and financial services company JPMorgan Chase Co finds it possible for bitcoin flow to reach $600 B. Data shows that insurance companies and pension funds in the U.S., Europe, and Japan have put just one percent of their assets into the world’s leading...
On the so-called darknet, unknown persons posted an advertisement for the sale of a vaccine against COVID-19. At the same time, it is not specified what kind of drug is in question, and which company is behind its development, the Check Point team found out. You can buy one ampoule for 0.01 bitcoin...
On Friday, major business analytics organization MicroStrategy informed about the completion of a $650 Million contribution of 0.75% convertible senior notes. This means the firm must return funds to the participants at a rate of 0.75% annually, beginning from June 2021 and lasting through June...
Massachusetts Mutual Life Insurance (MassMutual) has invested $ 100M in BTC through the New York Digital Investments Group (NYDIG) crypto fund. MassMutual also got a $ 5M stake in NYDIG. NYDIG is one of the fastest-growing investment companies in the cryptocurrency market with $ 2.3 billion under...
The Venezuelan authorities are using Bitcoin to finance the supply of goods from Turkey and Iran. This is the conclusion reached by the RunRun.es team, founded by investigative journalist Nelson Bocaranda. This researcher received classified data from the country's central bank, which suggests that...
A Wells Fargo report says bitcoin is classified as a speculative instrument. At the same time, in 2020 BTC showed very good performance and was one of the most efficient assets. The bank's analysts recalled that the value of the largest cryptocurrency this year has grown by more than 170%. The coin...
The volume of cryptocurrency traded by bitcoin miners has grown to its highest level since the beginning of 2018. Their report says that miners are now selling about the same amount of BTC coins that they were able to sell in January 2018. Recall that 2018 went down in history as one of the most...
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