blockchain

Bitcoin Breaches $18,500 , But Wide CME Gap Could Halt Its Bullish Price Action

Bitcoin touched a yearly high of $19,400 before registering a 14% price correction last week. The price correction after three weeks plunged bitcoin prices to near the $16,500 mark on Friday. Bitcoin has managed to recover by almost $2,000 since then as its price touched a daily high of $18,569 and looks poised for another
The post Bitcoin Breaches $18,500 , But Wide CME Gap Could Halt Its Bullish Price Action appeared first on Coingape. …

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Barrons says “Big Money” is driving the Bitcoin rally

The price of Bitcoin (BTC) is hovering above $18,000 following a massive short-term correction to $16,200.
The post Barrons says “Big Money” is driving the Bitcoin rally appeared first on CryptoSlate. …

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Peter Schiff: Institutions will buy Gold, not Bitcoin during inflation

Peter Schiff argued that large investors would buy more Gold than Bitcoin will inflation erupts. The Gold fanatic had categorized the yellow metal as a better store of value and money than Bitcoin. Once again, one of the many vocal opponents of Bitcoin (BTC), Peter Schiff, took to his Twitter handle to relay another striking […] …

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Grayscale Bitcoin Trust (GBTC) Surges Past $10 Billion Assets Under Management

Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale notified that the total assets under management have also moved past $12 billion meaning the GBTC contributes a whopping 83% of its total value.
The post Grayscale Bitcoin Trust (GBTC) Surges Past $10 Billion Assets Under Management appeared first on Coingape. …

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PayPal CEO: 28 Million Merchants Will be Able to Use Cryptocurrency for Transactions in 2021

In the latest interview with CNBC, PayPal CEO Dan Schulman said that bitcoin and cryptocurrencies derive value out of their ‘inherent’ utilities and will continue to do so. …

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BlackRock exec says Bitcoin is here to stay as BTC blasts past $18.8k

BlackRock’s CIO of fixed income Rick Rieder says Bitcoin is here to stay.
The post BlackRock exec says Bitcoin is here to stay as BTC blasts past $18.8k appeared first on CryptoSlate. …

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Bitcoin Back at $18K, Why This Rally is So Different From 2017

Bitcoin is back over $18,000 again and the momentum does not look like slowing down any time soon. Analysts are largely in agreement that this rally is very different from the 2017 one, and here’s why. A recent report by analytics provider Chainalysis has delved into the charts and metrics to conclude that this rally
The post Bitcoin Back at $18K, Why This Rally is So Different From 2017 appeared first on Coingape. …

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Bitcoin price prediction: Bulls in control, price to cross $18,000 by tomorrow

TL;DR Breakdown Bitcoin price currently at $17,600. Buyers fight back as price action turns bullish on the short-term charts. Price is expected to cross $18,000 with hope to reach new all-time high in the coming days. Bitcoin Price Prediction: Today’s price overview. Bitcoin price opened at $17790.18 with a slight bearish momentum that dominated the […] …

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Intercom co-founder jumps onto the “Bitcoin wagon,” encourages others

Eoghan McCabe, the co-founder of the software conglomerate Intercom, said he jumped onto the Bitcoin wagon.
The post Intercom co-founder jumps onto the “Bitcoin wagon,” encourages others appeared first on CryptoSlate. …

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Robert Kiyosaki: Bitcoin, Gold, and Silver Make People Smarter And Richer

Robert Kiyosaki believes that gold, silver, and Bitcoin will help Americans against the “corrupt Fed.” He also noted that the primary cryptocurrency educates young people.
The post Robert Kiyosaki: Bitcoin, Gold, and Silver Make People Smarter And Richer appeared first on CryptoPotato. …