The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
First Mover: Why Bitcoin Isn’t a Replacement for…
The price of gold is off from its all-time high while bitcoin is within striking distance of a record. Billions of dollars are flowing out of gold while institutional money is pouring into bitcoin. The…
Bitcoin Extends Rebound on AstraZeneca-Oxford Vaccine Results
Bitcoin rose Monday, putting itself back on track to retest its record high after promising results on a coronavirus vaccine reinforced hopes of an economic rebound next year. The spot BTC/USD exchange rate climbed 0.95…
Not just Wall Street: Quant trader explains why…
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from…
First Mover: Bitcoin Tops $17K as Scaramucci Makes…
Bitcoin climbed above topped $17,000 early Tuesday for the first time since January 2018, pushing this year’s remarkable rally to 137% on a year-to-date basis. That’s 10 times more than the Standard & Poor’s 500 Index of…
US Banks Face a Massive Commercial Real Estate…
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial…
How Bitcoin Could React To the Promising Moderna…
This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94.5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when…
Bitcoin hits new 2020 high at $16.7K —Traders…
The price of Bitcoin (BTC) hit a new yearly high at $16,717 on Binance. Following the breakout, traders expect a larger rally to occur in the near term. There are several reasons why analysts expect…
Risks of Bitcoin Correction Grow on Positive Moderna…
Bitcoin was trading higher ahead of the New York opening bell Monday but risked shedding its intraday gains on Moderna’s latest announcement. The tech-savvy pharmaceutical firm updated earlier Monday that its experimental coronavirus vaccine is…
Inflation games: Bitcoin competes with fiat on value…
Bitcoin being regarded as “sound money” is a common refrain among many proponents of the popular cryptocurrency. With a finite supply of 21 million and a network secured by over 120 exahashes per second of…
Printing $1.7 Trillion for Climate Change: How Joe…
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week…
3 reasons Bitcoin price just hit $16,000 for…
The price of Bitcoin (BTC) surged past $16,000 on Nov. 12 for the first time in nearly three years. The momentum of the dominant cryptocurrency is strengthening due to three key major factors. The main…
Market Wrap: Bitcoin Fails to Break $15.9K; Over…
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up. Bitcoin (BTC) trading around $15,694 as of 21:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours. Bitcoin’s 24-hour range: $15,293-$15,973 BTC…
Pfizer’s Pandemic Vaccine News Fails to Dampen Interest…
The recent announcement by Pfizer of a potential Covid-19 vaccine sparked an immediate rally of global stocks worst hit by the pandemic response. The rally helped major indices including the New York Stock Exchange (NYSE)…
Bitcoin whale clusters signal $14.9K is the crucial…
New data from Whalemap suggests that in order to maintain bullish momentum Bitcoin price needs to hold above the $14,914 level. Whale clusters, like the bubbles shown on the chart below, form when high-net-worth investors…
Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked…
Bitcoin is sideways Tuesday, with little price action. However, traders seem to be jumping into decentralized finance to maximize their crypto yield. Bitcoin (BTC) trading around $15,345 as of 21:00 UTC (4 p.m. ET). Slipping…
Bitcoin price outlook still bullish despite drop from…
The price of Bitcoin (BTC) has seen extreme volatility in the past 24 hours. After the Dow Jones Industrial Average abruptly rose by more than 800 points, BTC plunged in tandem with gold. Within five…
First Mover: Bitcoin Needs No Vaccine as Druckenmiller…
Bitcoin was higher, though barely, appearing to settle into a new range over the past several days between roughly $14,800 and $15,600. “Should bitcoin prices consolidate this week,” wrote Matt Blom, head of sales and…
Price analysis 11/9: BTC, ETH, XRP, BCH, LINK,…
Professional traders are often perceived to be the smartest, as they weigh the risks before investing in an asset class. Opposite to that, most retail traders only keep an eye on the possible profits and…
How the Vaccine News Might Change Bitcoin’s Attractiveness…
While the economy has been on thin ice, no asset has benefitted more from the post-pandemic “new normal” than Bitcoin. Fear of the uncertainty has caused demand to rise in the insurance policy against the…
Market Wrap: Bitcoin Drops as Low as $14.8K;…
Bitcoin is gyrating amid rallying global stock markets while ether options traders ramp up open interest as the Ethereum network heads for an ambitious upgrade. Bitcoin (BTC) trading around $15,384 as of 21:00 UTC (4…
Chainlink Could Soon Rocket Towards $16.50 as Bulls…
Chainlink’s price action as of late has been quite positive, with bulls shattering the resistance that previously sat around $12.00 and gaining momentum as the aggregated DeFi sector rebounds. The cryptocurrency has held up quite…
3 reasons why Bitcoin price abruptly dropped 6%…
The price of Bitcoin (BTC) rose to as high as $15,840 before crashing to $14,800. Just 5 hours after reaching an intraday top, the dominant cryptocurrency dropped over 6%. Thi massive spike in volatility was…
Bitcoin dumps on news of successful COVID-19 vaccine…
Bitcoin (BTC) fell sharply in price this morning as pharmaceutical company Pfizer, in collaboration with biotech company BioNTech, announced a breakthrough in its COVID-19 vaccine. Bitcoin fell approximately $1,000, over 6%, between 12:00 pm and…
Run to All-Time Highs is “Not Out of…
Bitcoin has seen heightened volatility this morning, likely due to that seen within the global markets. Stocks are rallying today, while precious metals and so-called “safe haven assets” all plunge due to positive vaccine news.…
Bitcoin Falls on Positive Coronavirus Vaccine Results; Risks…
Bitcoin’s second attempt to close above $16,000 hit a wall on Monday as traders assessed the latest progress on a coronavirus vaccine. The benchmark cryptocurrency fell 0.77 percent, suggesting that its last week’s advance, which…