Why PayPal Could Kickstart Bitcoin Mass Adoption

Why PayPal Could Kickstart Bitcoin Mass Adoption

Online payments giant PayPal sent shockwaves through the crypto community today, announcing that its customers will soon be able to buy, sell and spend Bitcoin and other cryptocurrencies. As well as sending the price of Bitcoin soaring, it’s being hailed as a watershed moment for the wider cryptocurrency industry. According to Statista, the number of active PayPal user accounts reached […]

Bitcoin Price Moons to New 2020 Highs on PayPal News

Bitcoin Price Moons to New 2020 Highs on PayPal News

Newfound bullish momentum is omnipresent with Bitcoin’s price throughout the last few days. The cryptocurrency has increased by more than $2,000 since October 6th, and it shows no signs of slowing down. Bitcoin Price Breaks 2020 Highs on PayPal News Throughout the entire month of September, Bitcoin’s price was somewhat stagnant, with a few minor […]

GOOGLE FINANCE NOW LISTS BITCOIN FIRST AHEAD OF TOP FOREX CURRENCIES

GOOGLE FINANCE NOW LISTS BITCOIN FIRST AHEAD OF TOP FOREX CURRENCIES

Bitcoin is maturing, suddenly becoming a respected asset that institutions, hedge funds, and even corporations are considering. The cryptocurrency shares many similarities with gold, giving it the attributes of a commodity, yet works equally as well as a currency. Due to this, Google Finance lists Bitcoin alongside of a batch of top forex currency trading […]

Bitcoin’s Market Cap Could Surpass $1 Trillion, Says Fidelity Report

Bitcoin’s Market Cap Could Surpass $1 Trillion, Says Fidelity Report

Fidelity expects Bitcoin to become the next big alternative investment asset class. Fidelity published a report last week focused on Bitcoin’s role as an alternative investment and how investing in BTC can help institutions diversify and eliminate risks related to traditional asset classes. The report reveals positive benefits for hypothetical portfolios holding Bitcoin versus only traditional assets. […]

Bitcoin Futures OI sinks on BitMEX: and it’s a good sign

Bitcoin Futures OI sinks on BitMEX: and it’s a good sign

The recent losses were the aftermath of the US commodities and Futures Trading Commission [CFTC] coming down hard of BitMEX along with the expiry of futures contracts in the stock market. While Bitcoin was the only major currency to face the brunt of the news directly, altcoins soon followed given the correlation factor. However, as the Bitcoin and altcoin […]

Bitcoin Aims for Yearly Highs After Breaking These New Records

Bitcoin Aims for Yearly Highs After Breaking These New Records

Bitcoin has now gone 64 consecutive days about $10,000, breaking its previous record and igniting new-found bullishness. Bitcoin broke a new record today as the price of BTC recorded 64 consecutive days above $10,000. The last time this happened was during the 2017 bull run, during which prices doubled in two weeks The three-month daily realized volatility […]

BTC Price Analysis: Is Bitcoin Ready To Break $11,000 As Crypto Market Cap Reclaims $350B?

BTC Price Analysis: Is Bitcoin Ready To Break $11,000 As Crypto Market Cap Reclaims $350B?

Bitcoin price has finally broken bullish out of a 3-day channel (orange) and making good progress towards the psychological $11,000 level above. The return of $9 billion to the global crypto market today has allowed BTC to return above $10,900 for the first time in 7 days and caused over $9 million worth of short liquidations […]

DEFI’S CRITICAL CORRECTION COULD DRAG BITCOIN LOWER, ANALYST SAYS

DEFI’S CRITICAL CORRECTION COULD DRAG BITCOIN LOWER, ANALYST SAYS

While Bitcoin has been relatively stagnant over recent days, top coins in the decentralized finance have been undergoing strong corrections. Analysts think that this could result in a strong correction in BTC itself. BITCOIN COULD BECOME WEAK AS DEFI COINS FORM WEAK TRENDS While Bitcoin has been relatively stagnant over recent days, top coins in […]

ANALYSTS EXPECT BITCOIN TO DIP TO KEY “LIQUIDITY CLUSTERS” BEFORE RALLYING

ANALYSTS EXPECT BITCOIN TO DIP TO KEY “LIQUIDITY CLUSTERS” BEFORE RALLYING

Bitcoin has been facing some mixed price action as of late, with buyers and sellers both engaged in a heated battle for control of its near-term outlook Despite attempting to break below its last-ditch support between $9,900 and $10,000, BTC is now pushing back towards its key $11,000 resistance region Where the cryptocurrency trends next […]