Anthony Scaramucci predicted Bitcoin’s price will absorb some of the increase in dollar volume. In an interview for CNBC’s Squawk Box program, the Skybridge Capital founder said the stimulus package passed by the administration will be good for BTC holders. Every time we do this, it’s very, very good for the people who own the…
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Bitcoin has walked away from pursuing a lengthy downside correction repeatedly this year. The cryptocurrency’s run-up to $58,367 in February attracted a modest selling pressure as the price dipped by 26.30 percent afterward. Similarly, its previous rally above a then-record high of $41,000 followed up with a 30 percent bearish correction. Last week, Bitcoin achieved…
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Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. Firstly, Ethereum’s full protocol upgrade to proof-of-stake from proof-of-work blockchain would lead…
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Since 2021 exploded onto the scene and skyrocketed the crypto market to highs never seen before, there’s one exchange token that is really going for it – CoinMetro’s token (XCM.) The price has increased an eye-watering 1416% in just a couple of months. If we take a look at 10 of the top climbers from…
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Ethereum is rising and it broke the key $1,800 resistance against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards $2,000. Ethereum is forming a support base above the $1,750 and $1,760 levels. The price is now well above the $1,800 zone and the 100 hourly simple…
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Bitcoin price gained bullish momentum above the $57,000 resistance against the US Dollar. BTC is now trading nicely above $58,000 and it is likely to continue higher. Bitcoin is up over 5% and it broke the key $58,000 resistance level. The price is now well above the $58,000 resistance and the 100 hourly simple moving…
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Bitcoin price has retraced 10% from highs and is still reeling from the rejection from above $60,000. The pullback has caused two important long-term moving averages to come dangerously close to death-crossing, that when crossed in the past have signaled that the top is in for the bull market. Here’s what data says about the…
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According to a press release, Grayscale Investments has added 5 new products to its Trusts offer. Expanding it to 14, Grayscale will have a Basic Attention Token, Chainlink, Decentraland, Filecoin, and Livepeer Trust. Grayscale is one of the most important crypto investment firm. Eligible investors can now subscribe to the new trusts, they will operate…
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Bitcoin price is still plummeting from a rejection at new highs set this weekend, and struggling to maintain support at former resistance levels. On the way down, the buying pressure has been far less than it was on the way up, which has one top cryptocurrency quant analyst warning that fresh USD capital is necessary…
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In an interview for the Fortune’s Leadership Next podcast, Visa’s CEO Al Kelly reveals their efforts to integrate Bitcoin into their payment platform. Their plans are for their millions of clients worldwide to be able to trade in BTC but also convert those funds into fiat. Kelly claimed: We’re trying to do two things. One…
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