Bitcoin surged on Friday to its highest level in about three years, at $18,600. The largest cryptocurrency is re-approaching its all-time high a little over $19,783. On Friday, the digital currency rose by 4.5%, extending its weekly gains to 16%, the largest seen since June 2019. Year-to-Date, Bitcoin has gained …
Read More »Bitcoin Breaking $18,000 Mark And Nearing All-Time Highs
Bitcoin broke the $ 18,000 barrier today, Wednesday, reaching its highest level since December 2017, continuing its great rise in 2020, supported by demand for its nature, which is a hedge against inflation and expectations for a general trend to accept. The main and largest cryptocurrency jumped to $ 18,483, …
Read More »Bitcoin Smashes $16,000 Hurdle
Bitcoin has topped the critical $16,000 after the first attempt failed to make significant progress on Wednesday. The flagship cryptocurrency appears to be on steroids, with the price action having lifted above $16,100. The Relative Strength Index also supports the breakout after bouncing off support at the midline.
Read More »Largest Commercial Bank in Singapore Launches Cryptocurrency Exchange
DBS, of the largest commercial banks in Singapore, announced the soft launch of the proprietary crypto-to-fiat cryptocurrency trading platforms. At the initial stages, the users will have access to the four largest digital assets: BTC, BCH, ETH, XRP. They will be available for trading against Singapore Dollar (SGD), Hong Kong …
Read More »Bitcoin Breaks the $ 1,300 Barrier
Bitcoin trading witnessed positive moves during Tuesday to breach levels of $ 1300, its highest level in 2020. Bitcoin rose, the world’s first electronic currency, by 2.58% to $ 13,442, its highest ever in 2020.
Read More »Square Buys $50 Million in Bitcoin
Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million which represents about 1% of Square’s total assets as of the end Q2 of 2020. “Square believes that cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which …
Read More »Bitcoin Trading near $10,423
Bitcoin is maintaining most of its gains on Thursday, as it is currently trading up by 1.6% at $10,422.8. Earlier today, the world’s biggest digital currency was trading above $10.475 briefly, before giving up some of its gains as it faces strong resistance. Meanwhile, the Ethereum surged by 5.3% to …
Read More »Bitcoin at Highest Level in 11 Months
Bitcoin surged on Monday to its highest level in more than a year, expanding its 2020 gains since the beginning of the COVID-19 crisis. The cryptocurrency increased by more than 4% to $12,424, its highest level since July 2019. Year-to-date (YTD), the price of the digital currency has increased by …
Read More »Bitcoin is Rising Alongside Other Cryptocurrencies
The cryptocurrency, Bitcoin, has been dropping since the beginning of Thursday’s session and trading at a drop of about 0.61%, or nearly $ 70, to reach 11,680, down from the $ 11,814 levels reached the beginning of the Asian session. It is possible that Bitcoin’s increase in price during the …
Read More »Bitcoin Trading Little Below $11,000
After rising above the $11,000 mark earlier today, the price of Bitcoin declined by 2.4% to trade at $10,986.10. Earlier today, Bitcoin rose by $1,268 or 12.7% to trade as high as $11,203.90, reaching its highest level in six months. Meanwhile, Ethereum is down by 1.6% at $317.48. Bitcoin Cash …
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