A reading of Dalio’s first long-form essay on his thoughts about bitcoin and cryptocurrencies.Today’s “Long Reads Sunday” is a reading of Ray Dalio’s recent LinkedIn post, “What I Really Think of Bitcoin.” In his interpretation, NLW argues the post shows [...]
Bitcoin (BTC/USD) moved higher early in today’s North American session as the pair strengthened to the 34232.40 area after trading as low as the 33230.78 area during the European session, with the intraday low representing a test of the 100-hour [...]
The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level. Overall, BTC appears to be stagnating without signs of a short-term relief rally, leading traders to be cautious.One concerning trend is [...]
advertisement Here’s a quick recap of Bitcoin price movement, Advertisement Elon Musk’s Bio sends BTC price 18% in an hour to $38000 BTC price Drops 15% to find support on 200 MA BTC price broke and retested a falling wedge [...]
Even though Bitcoin moved closer to the $34,000 level and saw some positive movement on the charts, some altcoins remained cautious and awaited stronger cues for a more definitive move. Such was the case with ETH and TRX, both of [...]
advertisement On Friday, January 29, the world’s richest man Elon Musk stormed the Satoshi Street by changing his Twitter bio to ‘#bitcoin’. Breaking past is two weeks of downward momentum, BTC surged all the way above $38,000. However, this remained [...]
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one [...]
Even though the Bitcoin market is looking for a way to stabilize, the altcoins are seen marching higher above the price candles. Most altcoins were noting high volatility as the trend in the market changes. Binance Coin [BNB] Source: BNBUSD [...]
At the time of writing, Bitcoin was back at square one trading within the $32,000-$34,000 range, after the Elon Musk-inspired hike exhausted itself. What effect did BTC’s short-lived performance have on the rest of the altcoin market? Well, a few [...]
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Monero market like most altcoin markets remained largely unaffected by Bitcoin’s price activity yesterday, and despite a small [...]
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The value of Bitcoin has been moving along its current support levels and trying to consolidate around $33k. The [...]
On this episode of the ‘On Purpose’ podcast, independent registered investment advisor Tyrone Ross digs into the thorny topic of bitcoin and digital assets through the lens of your average financial advisor. As Tesla CEO Elon Musk adds “bitcoin” to [...]
Bitcoin (BTC/USD) gained ground early in today’s North American session as the pair strengthened to the 34539.45 area after trading as low as the 32852.86 area during the Asian session, with the intraday low representing a test of the 50% [...]
Visa CEO Al Kelly said the payments giant is in a position to make cryptocurrencies more “safe, useful and applicable” and may add them to the company’s payments network. Speaking on the company’s fiscal first-quarter 2021 earnings call, Kelly described [...]
Bitcoin (BTC) has seen a very volatile week, as the price of Bitcoin jumped around from $32,000 to $38,500 and back toward $33,000 in a matter of 24 hours. The initial spike to $38,500 happened in minutes after Elon Musk added [...]
advertisement Bitcoin (BTC) could emulate the success of GameStop stocks as recent data reveals that the top cryptocurrency is heavily shorted by hedge funds just like GME. One Hedge Fund called Fred Capital has $7 trillion in short positions against [...]
It looks like India is planning to introduce a law to ban cryptocurrencies like Bitcoin and provide a framework for the creation of an official CBDC. The framework will be decided during the current budget session of the parliament. No [...]
Bitcoin surged to around $38,500 after the billionaire tech mogul Elon Musk added a #Bitcoin reference to his Twitter bio. With Bitcoin rising as much as 16%, following the tweet, the impact of influencers and celebrities within the crypto space [...]
Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company's CEO and world's richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey and [...]
Bitcoin has often been described as the “digital gold” of the 21st century, but is the cryptocurrency truly reliable as a new safe haven against financial uncertainty and inflation? The question is a difficult one to answer, but the actions [...]
The last 7 days have been very interesting, to say the least, for the crypto-market. While for most of the week the market seemed destined for more consolidation, Bitcoin bucked the trend after the Musk-driven hike yesterday. While the world’s [...]
Three years ago, Bitcoin almost reached record highs and this year, it beat these records. The rally has been spectacular, and many experts claim that this is just the beginning. And it’s never too late to join crypto. Advertisement Many [...]
On Jan. 29 Bitcoin (BTC) price briefly rallied to $38,500 before retracing the move and spending the majority of the day struggling to reclaim $35,000. The wild breakout in Bitcoin price has partially been attributed to Elon Musk changing his Twitter [...]
Although major entrepreneurs have shown their support for Bitcoin, regulators, at least in Ireland, seem to have taken a step away from the asset. According to the governor of the Irish central bank, Bitcoin investors must be prepared to “lose [...]
It looks like Bitcoin is getting closer to mainstream adoption. Now that even Elon Musk endorsed the popular asset on his Twitter bio, the asset’s price surged by 19% to reach $37,000 during the day. However, in the last hour, [...]
Analysts believe Elon Musk’s shout-out to crypto pushed bitcoin’s price upwards at a time when decentralized exchanges are experiencing record amounts of trading volume on the Ethereum network. Excessive fees could damp that, however. Bitcoin (BTC) trading around $34,616 as of [...]
“Are you running the numbers?”This is what Bitcoin Core developer Andrew Chow is trying to find out in a new survey. Sponsored by a grant from MIT’s Digital Currency Initiative, Chow crafted the survey “to get answers from people who are [...]
When Bitcoin's (BTC) price dropped 10% to $29,150 on Jan. 27, something unusual happened with the Chicago Mercantile Exchange (CME) BTC futures contracts. As the price fell, these CME Bitcoin futures traded at a 1% discount to Coinbase, which signaled a [...]
When Elon Musk adds #Bitcoin to his Twitter bio, you know buying bitcoin is in vogue again. The cryptocurrency is pumping, perhaps not-too-coincidentally, as investing app Robinhood faces criticism for censoring stock and crypto trading in response to the Wall Street [...]
The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system. This episode is sponsored by Nexo.io.Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He [...]
Rallies in GameStock (NYSE: GME) shares as well as dogecoin (DOGE) and bitcoin (BTC) are piquing the betting interest of traders in China as much as they are in the United States.On Weibo, the popular social media platform in China, [...]
Three stories1. Elon Musk changed his Twitter bio to #bitcoin and the crypto jumped 20%, to highs last seen on Jan. 19. The two events are not definitely connected. However, just 15 minutes after Musk made the change, bitcoin climbed [...]
Frank Holmes, CEO/CIO of US Global Investors, believes Bitcoin and Ethereum could reach $80,000 and $3,000 respectively in 2021. He also sees the possibility of Bitcoin dropping to $20,000 and Ethereum dropping to $500. This wide spread is derived from [...]
Coinbase users recently reported suffering difficulties on the platform. Coinbase and its trading platform, Coinbase Pro, have a history of experiencing outages and other issues during high-traffic times. Although users reported problems early this morning, a status update from Coinbase now [...]
Published on January 29th, 2021 by BTCMedia Click to download audio version Bitcoin has a market capitalisation of over $300 billion, holding significant value for millions of investors. Yet we all rely on the developer community around the world to [...]
Open interest in Bitcoin Futures is back to above $10.3 billion, a figure the charts last noted well before its most recent ATH. Interestingly, with Bitcoin trading at just over $35,500 at press time, one can also see that institutional [...]
After a surprise rally fueled by an update to Elon Musk’s Twitter biography, demand for Bitcoin (BTC) appears to be particularly strong in professional trading circles.According to TradingView data, the ticker BTC1!, which represents CME’s Bitcoin futures contracts with the [...]
Published on January 29th, 2021 by BTCMedia Click to download audio version When will institutions get excited about crypto beyond Bitcoin? Richard Galvin (@richwgalvin), founder of Sydney-based Digital Asset Capital Management, a top-performing fund in the past few years, join [...]
Bitcoin (BTC) which seemed uncannily listless for most of this wild week, suddenly found energy after Elon Musk, the electric-vehicle and private-spaceflight entrepreneur who’s also reportedly the world’s richest man, changed his Twitter bio to mention the cryptocurrency. (See screen [...]
Bitcoin (BTC) has been correcting since the peak high at $42,000. However, this correction might have ended as a significant momentum shift occurred in recent days. The GameStop debacle raised many questions about big parties' trustworthiness and exchanges, after which more [...]
Billionaire hedge fund manager Ray Dalio has sought to clarify his views on the world’s most famous digital asset with the publication of a short essay titled “What I Really Think of Bitcoin”.Dalio’s views on Bitcoin (BTC) — which he [...]
Stock and cryptocurrency trading platform Robinhood has temporarily disabled instant deposits for cryptocurrency purchases as of Friday, citing "extraordinary market conditions."Users are still able to buy cryptocurrency using settled funds that have previously been deposited, although such deposits can take [...]
Reddit co-founder Alexis Ohanian has joined Twitter CEO Jack Dorsey and Tesla CEO Elon Musk in updating their Twitter bios to "#Bitcoin."Ohanian’s bio update seemed to be in response to a tweet by tech entrepreneur and former Coinbase chief technology [...]
As the Bitcoin (BTC) price sees a sharp upsurge, the governor of the Central Bank of Ireland has voiced his concerns about cryptocurrency investments.Gabriel Makhlouf, who is also a governing council member of the European Central Bank, warned the public about [...]
After recording a peak of $42k earlier in the month, Bitcoin‘s price fell on the charts, with its bullish momentum giving way to a period of corrections and consolidation, until Elon Musk inadvertently intervened with a Twitter bio update. On [...]
Bitcoin (BTC/USD) extended recent gains early in today’s North American session as the pair strengthened to the 37989 area after trading as low as the 31990 area during the European session. Strong selling pressure emerged during the European session that [...]
The influence of Reddit’s r/wallstreetbets sub has apparently spread to the cryptocurrency space, after a new coin appeared at the top of CoinMarketCap’s rankings on Jan. 29.Dubbed WallStreetBets (WSB), the new coin apparently gained in excess of 130% in the [...]
advertisement Following today’s Bitcoin price rally and spike in new users Binance has temporarily suspended withdrawals for its users. Bitcoin price surged by more than 20% in minutes of world’s richest man’s mention of Bitcoin in his bio. The retail [...]
advertisement The power of Elon Musk’s personal brand is just unfathomable! Minutes after Musk wrote Bitcoin in his Twitter bio, it has pushed the world’s largest cryptocurrency spirally upwards. In less than an hour, Bitcoin (BTC) price is up 20% [...]
When the richest man in the world Elon Musk updated his Twitter bio on Jan. 29 — simply adding the word ‘Bitcoin’ — it was followed by a near-immediate 13% increase to the Bitcoin (BTC) spot price. Musk’s bio appeared [...]
