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Bitcoin Gains Momentum, Flirts With $20,000 Level
Monday, November 30, 2020 - 2:51pm | 283Read More...Bitcoin traded as high as $19,844 Monday, almost reaching its previous record high. The last time the cryptocurrency nearly touched an all-time high of $20,000 was back in December 2017. What Happened: Bitcoin is gaining after news emerged that Guggenheim Funds Trust filed an amendment with...
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Bitcoin Recovers From Thanksgiving Lows Above $18.5K, Ethereum Flirts With Crucial $600 Mark
Monday, November 30, 2020 - 1:44am | 418Read More...Bitcoin recovered to above the $18,500 levels at press-time after plunging as low as $16,351.03 last week on Thursday. What Happened: Blockchain analytics firm Glassnode tweeted Sunday that the mining difficulty for the apex cryptocurrency rose to 8.9%, which is below 4.4% of Bitcoin’s all-...
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Guggenheim Fund Mulls Investment in Grayscale Bitcoin Trust
Sunday, November 29, 2020 - 3:40pm | 309Read More...Guggenheim Strategic Opportunities Fund (NYSE: GOF) is considering gaining some “investment exposure" to Bitcoin, a filing shows. What Happened: The global investment firm with over $295 billion in assets filed an amendment with the Securities and Exchange...
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Bitcoin Takes A Thanksgiving Swoon
Friday, November 27, 2020 - 2:50pm | 445Read More...Bitcoin has been one of the top trades of 2020, gaining 164% year-to-date. It hasn’t been a happy Thanksgiving week for bitcoin investors, with the cryptocurrency down 10% in the last week, including a $3,000 drop in less than 24 hours. Bitcoin prices peaked at $19,783 back in December...
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How Business Leaders Spend Thanksgiving This Year
Thursday, November 26, 2020 - 6:33pm | 1028Read More...This year’s Thanksgiving is different. With the coronavirus cases rising again and borders still closed, many people are staying in and have more time on their hands than usual. And while CNBC recommends catching up on some IPO reading during the holidays, we have talked to the...
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Cryptocurrency Prices Evolve In Cycles, Andreessen Horowitz Report Shows
Wednesday, November 25, 2020 - 8:04pm | 431Read More...Andreessen Horowitz has published a report studying the way crypto prices have evolved. What Happened: The Melo Park venture capital firm released a report about cryptocurrency prices development on Nov. 24. It outlines three “cycles” the crypto industry...
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Bitcoin, Ethereum & Zilliqa - American Wrap: 11/25/2020
Wednesday, November 25, 2020 - 4:53pm | 443Read More...Bitcoin Price Decouples From Gold Strengthening Its Store Of Value Properties It seems that Bitcoin has decisively decoupled from gold for the first time in years as the correlation coefficient is dropping fast. In November 2018, Bitcoin price and gold price were...
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Is The Rally In Bitcoin Just Getting Started?
Tuesday, November 24, 2020 - 5:40pm | 486Read More...By Jim Iuorio Bitcoin has rallied over 75% since early September. During that same time period, both gold and silver were lower and the U.S. dollar traded in a sideways channel. So why has bitcoin had this dramatic out-performance relative to almost every other asset class? To answer that question...
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Cardano, EOS & Chainlink - American Wrap: 11/24/2020
Tuesday, November 24, 2020 - 4:02pm | 400Read More...Cardano Price Prediction: ADA To Offer Selling Opportunity Following 85% Breakout Cardano had a significant breakout on November 20 above a critical resistance level established at $0.112. After the massive rally, the digital asset shows some bearish signs on the daily and 12-hour charts. EOS...
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Citron Long On Bitcoin, Says MicroStrategy Is Best Investment Route
Tuesday, November 24, 2020 - 2:09pm | 775Read More...Bitcoin is a high-flying asset in 2020, up about 155% year-to-date. The world's most-traded digital currency crossed the $18,000 threshold late last week. The buoyancy places bitcoin within sight of its all-time high of $20,089, which the cryptocurrency hit intraday on Dec. 17, 2017. The...
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Silicon Valley Payments Company Ripple's Cryptocurrency XRP Up 133% In A Week
Tuesday, November 24, 2020 - 12:41am | 256Read More...San Francisco-based Ripple Labs Inc.’s native ecosystem cryptocurrency XRP has added 132.88% over a trailing seven-day period at press time. What Happened: XRP supports Ripple’s blockchain-based payment network for financial institutions. Its surge comes amid overall cryptocurrency...
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Ethereum, Litecoin & Yearn.Finance - American Wrap: 11/23/2020
Monday, November 23, 2020 - 7:12pm | 397Read More...Ethereum Price Breaks $600 In Anticipation Of ETH 2.0’s Launch In December Ethereum is trading at $601 after finally breaking the psychological barrier at $600 for the first time in two years. At the time of writing, around 305,920 ETH has been staked in the Eth2 deposit contract,...
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Bitcoin Price Holds Strong, Ethereum Reaches $600: Crypto Markets Brief
Monday, November 23, 2020 - 6:45pm | 219Read More...What Happened: Bitcoin price has been going steady, gaining 9.57% over a week. It traded at $18,334.95 at press time. The leading altcoin Ethereum price has reached the $600 mark for the first time since July 2018. The digital coin gained 32.29% over the week and traded at $605. The...
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What The 5 Biggest Cryptocurrencies Of 2017 Are Worth Today
Monday, November 23, 2020 - 4:22pm | 535Read More...Cryptocurrency prices are soaring to their highest levels since the 2017 crypto bubble burst. On Monday, the Grayscale Bitcoin Trust (OTC: GBTC) reached $22 for the first time since early 2018. The market seems to once again have cryptomania, so let's take a look back at what was happening...
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Paypal CEO Says It's Making It Easier To Bolster The Utility Of Cryptocurrency
Monday, November 23, 2020 - 9:16am | 294Read More...Paypal Holdings (NASDAQ: PYPL) CEO Dan Schulman joined “Squawk Box” host Andrew Sorkin Monday morning to discuss his company’s exposure to Bitcoin. What To Know: Schulman said all industries are digitizing with an increase during the pandemic. The use of cash has declined during...
