Saturday, November 28, 2020
Home > Bitcoins

Stack Funds hails Bitcoin’s ‘healthy correction’ predicts ‘euphoria’ ahead

Crypto index fund provider Stack Funds has labeled yesterday’s pullback as a “healthy correction” that was needed before Bitcoin continues its upward trajectory. Bitcoin broke through $19,000 earlier this week after posting seven weeks of consecutive gains. According to the firm, the crypto has been at overbought levels since October, further

Read More

Democratizing Bitcoin’s hash rate takes center stage at mining summit

Bitcoin (BTC) mining continues to ramp up following the successful May 11 halving, but growing industry concentration could undermine the “democratization of hash rate,” according to a panel presentation at this year’s Mining and Investment Summit.Hosted by Matrixport and sponsored by Bitmain, the 2020 Mining and Investment Summit was held virtually

Read More

First Mover: Why Is Bitcoin’s Price Rising? Here Are a Few Possible Answers

Bitcoin is trading at fresh 35-month highs above $19,000, having defended the psychological support of $18,000 during the Asian trading hours. The crypto market leader is now just 4% short of testing the record high of $19,783.Hence, most alternative cryptocurrencies, which are still down significantly from their respective lifetime highs,

Read More

Blockchain Bites: XRP’s Rally, Chainalysis’ $1B Valuation, Bitcoin’s Volatility in Perspective

The U.S. government is using Circle’s USDC to bypass Venezuelan blockades. Chainalaysis is looking to raise $100 million in fresh capital at a $1 billion valuation. Billions of dollars from institutional players are flowing into Coinbase. And VanEck found that bitcoin is less volatile than a quarter of S&P500 stocks,

Read More