Bitcoin all-time high at $76.8K is just the beginning, according to data
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.
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Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT
The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%.Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally.…
‘I have nothing’: Imprisoned John McAfee claims his crypto fortune is gone
John McAfee asserted in an extradition hearing in Spain that the tax evasion charges aimed against him are politically motivated. 646 Total views 2 Total shares Software antivirus pioneer John McAfee has told his one million Twitter followers that his entire crypto fortune is gone — although he concedes not everyone will believe he’s telling…
Bitcoin Can Hit $250K in 2020, Reaffirms Tim Draper as Dominance Rises
Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels.Cryptocurrency market daily overview. Source: Coin360BTC shows signs of a bullish comebackData from Coin360 and Cointelegraph Markets showed BTC/USD holding ground recovered above the $7,000 mark late on Wednesday. At press time, the pair…
‘High Probability’ Bitcoin Rises as USD Sinks to 2008 Levels, Says CEO
The United States dollar (USD) index is currently testing the bottom of a 12-year trendline. But as some traders are calling it the “most pivotal moment” for the global reserve currency since 2008, they believe that continuous depreciation will likely boost the price of Bitcoin (BTC).Since April, for over three months, the USD has declined…
Crypto Synthetic Assets, Explained
The term “synthetic asset” refers to a mix of assets that have the same value as another asset. Traditionally, synthetics combine various derivative products — options, futures or swaps — that simulate an underlying asset — stocks, bonds, commodities, indexes, currencies or interest rates. For example, rather than purchasing a stock, an investment firm may…
Billionaire investor bullish on Bitcoin: ‘Crypto is here to stay’
Orlando Bravo, the co-founder of one of the world's largest equity firms, talked about his views on Bitcoin and blockchain technology. 1831 Total views 16 Total shares Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, expressed his unwavering endorsement of the cryptocurrency market in an interview at CNBC’s Delivering Alpha conference…
Nearly 75% of German Consumers Would Reject Facebook’s Libra: Survey
Almost three-quarters of German consumers would not use Facebook's planned digital currency, Libra, according to a recent poll.Only 27 percent considers using LibraOn Oct. 17, Cointelegraph auf Deutsch reported that out of 2000 questioned Germans, aged 16 and over, only 27 percent would ever consider using Facebook’s Libra stablecoin as a means of payment at…
Bitcoin Runes records 15.6M NFT transactions, weekly volumes turn positive: Nifty Newsletter
Bitcoin Runes has recorded 15.6 million transactions and generated $162.4 million in fees in four months.