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…
Bitcoin Blasts Through $20,000 as US Dollar Hits…
Bitcoin has pierced above the $20,000 level for the first time in history. The flagship cryptocurrency logged a surprising upside rally in the pre-market New York trading session Wednesday, hitting an all-time high of $20,822…
As Citizens Suffer Central Banks Flush Trading Houses…
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the…
US Representatives Add Digital Currencies to the 2021…
The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies.” However, after more than 50 NDAA…
Bitcoin’s Bull Case Intensifies as Investors Bet on…
Bitcoin’s long-term bullish outlook may have received further support from investors’ latest bet on the long-dated Treasury notes. The Wall Street Journal reported on Wednesday that investors believe that the Federal Reserve will start buying…
First Mover: What’s Next for Bitcoin as Wall…
Bitcoin was higher for a second day, staying in a range between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks. With the…
3 ways Bitcoin price and stocks may react…
On Nov. 7 several major media outlets announced that after 4 days of rigorous vote-counting in key battleground states Joe Biden had managed to secure enough electoral votes to become the 46th President of the…
Bitcoin Poised to Hit $15K Even amid Bearish…
Many Bitcoin analysts agreed that Bitcoin would stop rallying after its price hits $14,500. The cryptocurrency looked overbought on medium-term timeframes, a technical alert that typically amounts to a downside correction. But the bearish calls…
3 Major Reasons Why Chainlink (LINK) Could Fall…
As a startup, Chainlink solves a significant obstacle that concerns transferring data between blockchains and the real world. The protocol, whose origins date back to September 2014 – a period when half of the world…
Bitcoin Trade Setup on US Election Day; Boom…
A modest price rebound in the Bitcoin market reversed in the hours before the New York opening bell Tuesday. The benchmark cryptocurrency was trading at $13,605 when the sell-off started. A closer look at its…
Bitcoin Hitting $20,000 in Early 2021 is “Highly…
Bitcoin has every likelihood of touching its previous record high of $20,000. But, one should not expect it to happen in early 2021, says a TradingView analyst. The pseudonymous entity, operating under the alias of ‘XForceGlobal,’…
Bitcoin Deviates Further Away from Dow, S&P 500…
Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the…
Bitcoin Briefly Breaks $11.9K on Renewed US Stocks…
Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus package on Tuesday. The benchmark cryptocurrency added $67, or 0.5 percent, to trade near $11,827 ahead of…
Bitcoin for Spain’s Congress: BTC Sent to 350…
Bitcoin has been sent to 350 deputies of the Spanish Congress as part of an educational initiative similar to the “Crypto for Congress” campaign that sent bitcoin to all Members of U.S. Congress. Bitcoin Sent…
Bitcoin Turns Lower Ahead of Powell’s Economic Outlook;…
Bitcoin slipped into negative territory ahead of the Federal Reserve Chairman Jerome Powell’s scheduled speech about the US economy. The benchmark cryptocurrency waved between profits and losses, only to fall by 0.85 percent to $10,701…
Bitcoin Expects to Hit Yearly Highs on UBS’s…
Bitcoin is looking to resume its uptrend towards $12,500 based on its proximity with traditional rival gold. The analogy pops out of an erratic positive correlation between the two assets that have caused them to…
Bitcoin Could Hit New Yearly High on US…
Bitcoin could hit a new year-to-date (YTD) high, abetted in part by the risks surrounding the US presidential election. The analogy takes cues from a quarterly commodity outlook published by Citigroup. The American banking giant…
Here’s What Analysts Are Saying About Bitcoin As…
Bitcoin continued its tumbling on Wednesday under the pressure of a rising US dollar. Safest Haven Returns The cryptocurrency plunged by up to 1.43 percent to hit an intraday low at circa $10,389. Its latest…
UNI Shows Signs of Rebound After Crashing 57%;…
UNI logged a strong reversal in the running week after crashing by 57 percent in just four days of trading earlier this month. The UniSwap’s governance token was trading about 30 percent higher from its…
SUSHI Faces Massive Sell-off Following Uniswap’s Token Launch
SUSHI was among the worst-performing cryptocurrencies on Thursday as the decentralized finance token faced a severe competitive threat from a rival. Uniswap, a decentralized trading platform that inspired the launch of SUSHI’s parent project, Sushiswap,…
A Worrisome Gold Warning Puts Bitcoin At Risk…
Bitcoin was trading lower ahead of the New York opening bell Friday as the US dollar rebounded despite its prevailing bearish setup. As of 0649 EST, BTC/USD was changing hands for $10,289, down 0.53 percent…
Blockchain Battle With China Ensues With New US…
Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s blockchain development. The “American Competitiveness Of A More Productive Emerging Tech Economy Act,” or COMPETE Act for…
Bitcoin is Worthless in Long-term, Says Veteran Stock…
Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate…
Central Bank Digital Currencies and Their Role in…
Central bank digital currencies are a digital representation of a country’s fiat currency. They are effectively a government-issued cryptocurrency designed to replace the traditional, physical form of fiat currencies. The term CBDC is broad because…
US Deadlock Over Stimulus Keeps Bitcoin Cautious; What…
Bitcoin began trading cautiously on Monday as US lawmakers struggled to finalize a stimulus plan following its expiry on July 31. The critical point of difference between Democrats and Republicans continues to be the proposed…
Bloomberg’s $20K Bitcoin Prediction May Come True Due…
Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. Observers…
First Mover: The Dollar Drop May Have Helped…
As the U.S. dollar’s value slides, prices are suddenly rising for just about everything priced in dollars. That includes bitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices…
Bitcoin Expects to Hit $9,800 on Strong Retail…
Bitcoin expects to extend its recovery rally towards $9,800 as the U.S. futures grows further. Both Bitcoin and the U.S. stocks have fallen and risen in tandem since the beginning of this week. Expectations of…
US Government Prediction: Economy Faces 10-Year Recovery, $8…
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures,…