Cryptocurrency Analysis and News Portal
The massive stimulus bill was passed through Congress without any actual backing from the Republicans.On Thursday afternoon, US President Joe Biden signed the $1.9 trillion stimulus package as the coronavirus relief bill. The President’s approval comes immediately after the House of Democrats approved the bill earlier this week.This is the
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The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9-trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC.United States’ President Joe Biden said that the Senate’s approval shows major progress in delivering a “desperately needed”
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The increase of US stimulus package talks serves as a booming situation for Bitcoin and Gold. However, Bitcoin price strikes a new record while Gold declines.Bitcoin in 2021 so far has brought way too many similar headlines of “new all-time hits”. These many Bitcoin stories have created much interest even
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FAANG stocks are expected to continue with the 2020 rally as their demand prevails on the ground.The third stimulus package is in its final stages to be approved by the United States Congress. Most of the FAANG stocks have been trapped in a consolidation level, as investors and analysts analyze
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Bitcoin rally paused after notching a new record high on Tuesday, suggesting that its supersonic rally in the previous session might pare a portion of its gains. Bitcoin corrects lower after hitting $48,200. Source: BTCUSD on TradingView.com Bitcoin corrects lower after hitting $48,200. Source: BTCUSD on TradingView.com The benchmark cryptocurrency headed for its
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Cryptocurrencies rallied Wednesday, led by gains in the Bitcoin and the Ethereum markets as traders pinned hopes on additional stimulus packages in the United States. The cost to purchase one Bitcoin shot past $36,000 while Ethereum’s native token Ether notched a new record high at $1,574. Other large-cap tokens, including Polkadot’s
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Bitcoin prices climbed for the second day on Tuesday, spurred by increased optimism over the second stimulus package in the United States and a firmer US dollar. Positive risk-on momentum throughout the Asian and the early European session briefly pushed the flagship cryptocurrency to a new week-to-date high of $35,469. It
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Bitcoin resumed its uptrend ahead of the New York session Monday as traders weighed their risk-on opportunities against the US President Joe Biden’s stimulus plans and its potential bearish impact on the US dollar. The flagship cryptocurrency reclaimed $34,500 after rising by as much as 6.83 percent, while its market capitalization
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The second full business week of January has demonstrated many trends that NLW argues will shape bitcoin and crypto throughout the year.This episode is sponsored by Nexo.io.On “The Breakdown’s” Weekly Recap, NLW argues that this week is exemplary of a set of trends that will define 2021, including:Image credit: glorcza/Getty
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Bitcoin (BTC) fell below $35,000 on Jan. 15 as renewed strength in the U.S. dollar piled pressure on the largest cryptocurrency. BTC bounced off support at $34,300 and is trading at $35,300 at the time of writing. BTC/USD 4-hour candle chart (Bitstamp). Source: TradingvidwBitcoin heads back towards $30,000Data from Cryptox Markets
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