Tag Archives: Bitcoin

Bitcoin’s meteoric rise above $50,000 this week is likely to continue well into the fourth quarter on rising market sentiment considerations.The October edition of the Bloomberg Galaxy Crypto Index, which provided an overview of where digital assets could be headed for the rest of the year, was out Tuesday.The report …

Crypto prices are still climbing despite tougher regulatory scrutiny round the world. The rally brings prices to the highest since early September. Bitcoin has jumped to around $50,000 as Bank of America Corp. strategists threw their weight behind cryptocurrencies as a new asset class. Bitcoin price has shifted into a …

The largest digital currency, Bitcoin, has managed to reach its highest levels in nearly a month, specifically since the start of accepting Bitcoin payments in El Salvador on September 7. Bitcoin was seen a few minutes ago, above the levels of 50 thousand dollars, after rising more than 5%, and …

Compared to its Friday morning values, Bitcoin has gained more than 9%, regaining its previous high of $47,000.The flagship digital asset is trading at $47,762, down 0.23% on the day but up 9.08% in the last seven days.In this fourth quarter of 2021, the digital asset market has transitioned from …

Since U.S. markets opened on Friday, bitcoin price has risen by nearly 10%. A popular indicator used by bitcoin traders may explain the increase.What is obvious is that this buying did not come from U.S. investors. The demand for bitcoin is likely from Chinese or non-U.S. investors.While Coinbase is more …

Bitcoin managed to settle above the 20 EMA which is located near $44,000 and is trying to settle above the 50 EMA at $44,600. RSI is in the moderate territory, and there is plenty of room to gain additional upside momentum.Bitcoin has reaped some gains after the comments by Fed …

Senators Maggie Hassan and Joni Ernst introduced a new bill Monday intended to impose stronger oversight on crypto mining overseas.The proposed bill requires the Treasury Dept. to submit to Congress a report on how nations are mining cryptocurrency, along with how much cryptocurrency has been mined since 2016 within both …

China took its strongest action so far against cryptocurrencies; and according to the PBOC, Bitcoin, ether and tether are not legal and should not and cannot be used as currency in the market because they’re issued by non-monetary authorities and use encryption technology.But the government didn’t ban possession of cryptocurrencies, …

China’s central bank declared all transactions involving Bitcoin and other virtual currencies illegal on Friday, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued a reminder this year.That reflected official concern cryptocurrency mining and trading …

China’s central bank has deemed all cryptocurrency transactions illegal, sending the Bitcoin price spiraling by 6%. U.S. Senator Pat Toomey believes this is a valuable opportunity for the United States to move out front on cryptocurrency. The People’s Bank of China is broadening its ban on the industry, especially Bitcoin, …