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The Future For Cryptocurrencies Remains Bullish As Widespread Adoption Continues

With the wild journey that is bitcoin price swings so far this year, you might have missed the accelerating rhythm of companies announcing services to support bitcoin for payments. We’re not talking about small idealistic startups, either. A week ago, on Visa’s Q1 earnings call, CEO Al Kelly said the company may add cryptocurrencies to […]

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Highly Valuable ($1B+) Crypto Startups Tells Us That The Best Is Yet To Come For The Industry

In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known […]

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Ethereum Smashes A New All Time High At Over $1700

The cryptocurrency ether hit a fresh all-time high on Friday, surging past $1,700 for the first time. Ether, which is the world’s second-largest digital coin by market value, climbed 11.2% to a price of $1,743 at around 10:30 a.m. ET, according to data from CoinDesk. It comes after bitcoin, the most valuable virtual currency, hit […]

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Bitcoin Very Likely To Smash Through $60K In 2021

Bitcoin is likely to hit $60,000 in 2021 amid the growing mainstream adoption, according to an analyst at major financial publication Investing.com. Jesse Cohen, a senior financial analyst at Investing.com, predicted that Bitcoin will likely reach a $60,000 level in the first half of 2021. According to Cohen, Bitcoin’s growth in 2021 will be fueled […]

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Ethereum To Be Tested In Its Recent Rise Rivalling Bitcoin

An eightfold rally in Ether over the past year to a record faces possible turbulence from the impending launch of CME Group Inc. futures for the largest cryptocurrency after Bitcoin. The contracts set to debut from Feb. 8 evoke memories of 2017, when the start of Bitcoin futures coincided with a peak in the leading […]

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The Next Bull Run For Bitcoin May Start With Grayscale

Bitcoin may have traded sideways for much of last month thanks to Grayscale, but the status quo will soon change. According to data from on-chain analytics resource CryptoQuant, the price premium of the Grayscale Bitcoin Trust (GBTC) just hit its lowest since April 2019. Grayscale lock-up ends Wednesday Grayscale has made the headlines frequently this […]

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What Makes Bitcoin So Volatile?

Traders are always concerned about ‘Bitcoin’’s volatility. It is important to know what makes the value of this particular digital currency highly unstable. Just like many other things, the value of ‘Bitcoin’ also depends upon the rules of demand and supply. If the demand for ‘Bitcoin’ increases, then the price will also increase. On the […]

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Elon’s Musk Has Shaken The Bitcoin Market

Elon Musk once again sent ripples through the price of Bitcoin after declaring that he’s a supporter of the largest cryptocurrency. Speaking on social audio app Clubhouse, the billionaire said at this point he thinks “Bitcoin is a good thing,” adding he’s “late to the party” and should have bought the cryptocurrency eight years ago. […]

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Bitcoin Looking To Follow In GameStop’s Footsteps

Bitcoin has surged this week, climbing after Tesla TSLA chief executive Elon Musk gave the cryptocurrency a tacit endorsement. Musk sent the bitcoin price higher as a long-running battle between bullish retail traders organized via Reddit’s WallStreetBets forum and Wall Street hedge funds that have long been shorting GameStop shares reached its climax — with regulators and […]

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Doge Coin Spikes Up 800% As Individual Investors Pump It Up

Dogecoin, a digital coin originally founded as a joke, has soared over 800% after a Reddit board talked about making it the cryptocurrency equivalent of GameStop. The price of dogecoin stood at $0.070755 at around 12.01 p.m. Singapore, up over 800% from 24 hours before, according to Coingecko. It was not far off of its […]