Tag: Bitcoin (BTC) Price

I Feel Underinvested in Bitcoin: PayPal Co-Founder Peter Thiel Says

I Feel Underinvested in Bitcoin: PayPal Co-Founder Peter Thiel Says

The German-American billionaire entrepreneur – Peter Thiel – praised bitcoin’s recent surge to an all-time high price. According to him, this rise shows that the major financial institutions are struggling to cope with the current economic situation. Underinvested in Bitcoin Peter Thiel – Co-Founder of PayPal and Palantir Technologies – has been a long-standing cryptocurrency […]

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7x April’s ATH: Bitcoin Transactional Volume Reaches $700 Billion in a Week

7x April’s ATH: Bitcoin Transactional Volume Reaches $700 Billion in a Week

There’s been plenty of comaparisons of Bitcoin’s price action now and in April when the cryptocurrency reached its previous all-time high. Research firm IntoTheBlock now points out a staggering difference in Bitcoin’s transactional volume between the two periods. $700 Billion Weekly Transactional Volume According to the research firm, Bitcoin’s on-chain volume reached over $700 billion transacted, which […]

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Bitcoin Price Analysis: Caution – Is the BTC Breakout to All Time Highs Confirmed?

Bitcoin Price Analysis: Caution – Is the BTC Breakout to All Time Highs Confirmed?

Bitcoin managed to complete a daily close above the previous all-time high at $64.8K at $66K. This is an early bullish signal, but it’s not enough to fully confirm the breakout. For this to happen, we need to see multiple daily closes, as well as weekly ones above $64.8K. This would provide confirmation and further […]

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Bitcoin Price Flash Crashed 87% to $8200 on Binance US

Bitcoin Price Flash Crashed 87% to $8200 on Binance US

After yesterday’s new all-time high at $67,000, bitcoin corrected today with a steep decline to below $64,000. On some exchanges, though, the crash was significantly more violent as BTC dropped as low as $54,000 on Kraken and to four digits on Binance.US. October 20th was a historic day for the primary cryptocurrency as it finally […]

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Spot and Futures-Backed Bitcoin ETF: What’s the Difference?

Spot and Futures-Backed Bitcoin ETF: What’s the Difference?

On October 19th, 2021, the United States Securities and Exchange Commission (SEC) approved the first futures-backed Bitcoin exchange-traded fund (ETF). An SEC-approved ETF is something that the cryptocurrency community has been looking forward to for a long time, but usually, the accent was on spot products rather than ones based on futures. Nevertheless, this is […]

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Crypto Market Cap Tops $2.6T: Solana Explodes 20% and ETH Up 8% (Market Watch)

Crypto Market Cap Tops $2.6T: Solana Explodes 20% and ETH Up 8% (Market Watch)

The six-month waiting is over as bitcoin managed to break the previous all-time high and set a new one at $67,000 yesterday. While the asset has lost some ground since then, numerous altcoins have started to chart impressive gains, including ETH and SOL. Bitcoin’s ATH at $67,000 As reports started to intensify claiming that the […]

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3 Reasons Bitcoin’s ATH Looks More Bullish Now Than in April 2021

3 Reasons Bitcoin’s ATH Looks More Bullish Now Than in April 2021

It’s been a wild few months for Bitcoin’s price. It went all the way up from around $65K in April, down to below $30K in July, and back to a new all-time high today – October 20th. Many are drawing comparisons between the market dynamics in April and now, and as BTC sits in price discovery, […]

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Bitcoin Price Breaks All-Time High Surpassing April’s $64.8K Peak

Bitcoin Price Breaks All-Time High Surpassing April’s $64.8K Peak

Bitcoin has broken its former all-time high and is now officially looking at price discovery. This comes on the back of serious developments in the industry – just today, the first-ever SEC-approved futures-backed Bitcoin ETF started trading. The previous all-time high of Bitcoin’s price was set on April 14th, 2021 and it was at $64,895 […]

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Bitcoin Price Analysis: What to Expect Following a New ATH for BTC?

Bitcoin Price Analysis: What to Expect Following a New ATH for BTC?

Bitcoin’s price continues to show strength, and it’s trading very close to the all-time highs, with an intraday high at around $64,600 (on Bitstamp) at the time of this writing. The spot volume has been increasing for days, which is a sign of strength. The BTC price action has been impressive on the day the […]

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Crypto Market Cap Breaks ATH: Bitcoin Dominance Soars as Altcoins Struggle Against BTC (Market Watch)

Crypto Market Cap Breaks ATH: Bitcoin Dominance Soars as Altcoins Struggle Against BTC (Market Watch)

Just hours after the launch of the first-ever Bitcoin Futures ETF in the US, the cryptocurrency came less than $500 away from painting a new all-time high. While BTC failed to do so yet, the cryptocurrency market capitalization of all digital assets saw a new record of nearly $2.550 trillion. Bitcoin Eyes New ATH The […]

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