Tag: BTCNGN

Blockstream Alumnus Mike Schmidt Backed Brink Raises $150,000

Brink, a non-profit organization aiming to fund and support open-source Bitcoin protocol development was launched today with the backing of former Blockstream alumnus Mike Schmidt and former Chaincode Labs developer John Newbery. Dave Harding, a well renowned Bitcoin technical writer would act as the independent director for the non-profit organization. The organization aims to raise […]

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Bitcoin could quickly rush to $20,000 so long as this crucial hurdle is shattered

Bitcoin battles the uphill task of breaking above $18,500, the channel’s middle boundary, and $19,000. The fear of missing out (FOMO), speculation, and excitement is likely to push Bitcoin to $20,000 if the $19,000 barrier is broken. The bullish cycle in the cryptocurrency market continues to catch momentum. Bitcoin has for the first time stepped […]

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OKEx Starts Withdrawal Trials, Could Bulk Withdrawal Requests Trigger BTC Price Volatility?

OKEx, the cryptocurrency exchange has terminated withdrawal from its platform from October 16 after the Chinese founder Xu Mingxin of the exchange was taken away by the Police amid the growing crackdown on OTC desks and to counter the growing money laundering issue. Mingxin was arrested in early October and the withdraws remained shut since […]

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Largest Crypto Fund Manager Says Clients See Bitcoin as Inflation Hedge

Bitcoin’s ongoing price rally is nearing its all-time high, making it the center of attention just like 2017 where most of the mainstream media houses have started to take note of the king coin’s price movement. While the price movement and attention might be quite similar to 2017, a lot has changed about the top […]

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What Happens When Bitcoin [BTC] Enters “Price Discovery Mode”?

Currently, at $18,727, Bitcoin (BTC) is looking for one final push above its all-time high of $20,000. However, this year’s rally is backed by major institutional participation with some big players in the financial space pouring millions of dollars into this digital gold. With the rising institutional participation, financial giants have started working out Bitcoin […]

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Last Week 3 Bitcoin Funds Added 24,337 Bitcoins as BTC Price Approaches $19,000

Bitcoin funds continue to add more Bitcoins in huge numbers as the BTC price approaches $19,000 on Friday, November 20. Over the last week, three of the top four Bitcoin funds have accumulated nearly 25,000 Bitcoins. 3 Bitcoin funds bought up 24,337 BTC this week. There are only 21 million, and they’re going fast. pic.twitter.com/jsP0sU4CF1 […]

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Bitcoin’s New Yearly High Makes it Bigger Than JP Morgan

Bitcoin soared past the $18,500 mark to set another yearly high reaching $18,936 late night on Friday. On its way to the new yearly high, the king coin also surpassed the $350 billion market capitalization, making it bigger than JP Morgan for a brief period of time. The price fell back to $18,600 levels soon […]

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Are Days Of Cash Over In Poker Industry? Bloomberg Reports Surge in Bitcoin Payout Requests

Bitcoin bull rally over the past week has seen its price achieve a new yearly high of $18,479 as the king coin is well-positioned to go past its all-time high. The massive price rally has also sent the greed index to an all-time high as more people want a piece of the scarce digital asset […]

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Is BlackRock, World’s Largest Asset Manager Eyeing Bitcoin [BTC]?

Today was an interesting day for Bitcoin enthusiasts as CIO of world’s largest asset manager BlackRock in an interview to CNBC said he adores Bitcoin and cryptocurrencies are here to stay. Recently, Bitcoin managed to move above the $18,000 mark again after seeing a $1000 flash crash yesterday making its contention to be a true […]

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Bitcoin Back at $18K, Why This Rally is So Different From 2017

Bitcoin is back over $18,000 again and the momentum does not look like slowing down any time soon. Analysts are largely in agreement that this rally is very different from the 2017 one, and here’s why. A recent report by analytics provider Chainalysis has delved into the charts and metrics to conclude that this rally […]

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