Tag: Bitcoin News

This Bitcoin IH&S Pattern Could Send It to This Price Target?!

This Bitcoin IH&S Pattern Could Send It to This Price Target?!

The latest price movement of Bitcoin (BTC) after PayPal’s crypto integration sent the cryptocurrency bellwether through $12K and $12.5K resistances. The rise above $13K now leads to a bullish pattern forming in a weekly timeframe. Crypto price analyst and Youtuber, the Moon Carl has pointed out that Bitcoin is currently forming the Inverse Head and […]

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Bitcoin (BTC) Outperforms Stocks by Over 3X In 2020

Over the last few months, global investors have been largely celebrating their gains in the U.S. stock market. The tech sector has outperformed the indices, especially some of the top tech companies like Amazon, Apple, Alphabet, Microsoft, etc. However, when compared to the top-three indexes in the U.S. stock market, Bitcoin overwhelmingly outclasses them in […]

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Tether, And Not PayPal, Boosted Bitcoin [BTC] Price Above $13,000

It nearly 24 hours that payments giant PayPal announced the launch of its crypto trading services on Wednesday, October 21. Later on the day, the Bitcoin price surged past $13,000 as the bulls raged-in. Many attribute this BTC price surge to the PayPal news. However, there was a silent player possibly behind the Bitcoin price […]

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Bitcoin Price Prediction: BTC Pieces $13,200, Hitting New Yearly Highs

Bitcoin price paces upwards, trading new 2020 highs above $13,000. BTC/USD bullish outlook has the potential to continue especially without a formidable hurdle ahead. Bitcoin had a smooth sailing in the past few days, first bringing down the resistance at $11,800. The bullish momentum paced upwards, allowing the bulls to smash through the crucial $12,000 […]

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PayPal Introduces Crypto Trading, Plans To Start Crypto Shopping Facility

The long wait has finally ended! On Wednesday, October 21, online payments giant PayPal Holdings has confirmed its entry in the crypto market as per the Reuters report. PayPal said that it will allow its customers to trade Bitcoin and other digital currencies via the company’s online wallets. PayPal said that it has received the […]

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Bitcoin Poised to Resume Rally After Second Move Above $12k

Bitcoin has made its second move into the $12,000 price zone this year with today’s re-tap of $12,300. Analysts are confident that the rally could resume taking it all the way up to last year’s highs. A couple of hours ago during Asian trading Bitcoin surged to revisit the $12,300 price level which equals its […]

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Is It End For BitMEX? Exchange Makes Full Verification Mandatory for Traders

Weeks after cryptocurrency exchange BitMEX’s co-founder’s were charged for evading anti-money laundering rules, the exchange today made full verification mandatory for its users. BitMEX released an official tweet stating its users to complete their full verification by Nov. 5, 2020 to continue trading on the platform. We are accelerating the rollout of our User Verification […]

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UK Publicly Traded Fintech Firm Mode Global Allocates 10% Reserves to Bitcoin

UK Publicly Traded Fintech Firm Mode Global Allocates 10% Reserves to Bitcoin

Institutional interest in Bitcoin is real. After world-renowned institutional players in the financial market such as Grayscale Investments, MicroStrategy and Jack Dorsey’s Square Inc. placed their bets on the bellwether digital asset Bitcoin, more institutional participants are jumping into the game. The latest to commit themselves to this ‘digital gold’ is UK publicly traded financial […]

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PayPal’s Crypto Integration – What’s the Catch?

PayPal’s Crypto Integration – What’s the Catch?

Much has been said in the last 12 hours about PayPal’s momentous shift towards cryptocurrency. Considered a huge victory for the crypto industry, analysts and experts have been quick to praise PayPal’s decision in accelerating the global adoption of cryptocurrency. The discussion did not stop there, however, as members of the community stood out to […]

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