Bitcoin Finishes the Year with a Plus
Yesterday, December 30, the price of Bitcoin closed at $425. Recall that at the beginning of the year the price of Bitcoin was $313. Growth for the year was 26.35%. Investors yesterday continued to take profits at the end of the year, market volatility has been low, and the price could not fall below the support level of $420. As we expected, the whole day yesterday the price of Bitcoin fluctuated within the corridor $420 - $440. In the Asian session also, special adjustments are not made. We asked Bitcoin expert Tomi Hrovatin from Slovenia, when will the bullish trend resume for Bitcoin?....
Related News
Bitcoin just closed the 3rd quarter of the year with its best-ever performance, marking the third of only three quarterly finishes over $10,000. All good things come in threes, so here are three reasons why this the third time is the charm, and the cryptocurrency will hold strong above the clearly critical level. Bitcoin Closes […]
Depending on who you listen to, Bitcoin’s price is headed for either $3,500 or $1 million in the year ahead. The Bitcoin (BTC) community is divided about whether the token's price is going to surge or crash in the year ahead. A majority of analysts and technical indicators suggest it could bottom between $12,000 and $16,000 in the months to come. This correlates with a volatile macroeconomic environment, stock prices, inflation, Federal Reserve data and (at least according to Elon Musk) a possible recession that could last until 2024.On the other side, influencers, BTC maximalists and a....
Blockchain identity startup Cambridge Blockchain has finished raising $2m in a funding round backed by VC firms Partech Ventures and Digital Currency Group. The investment comes just over a year after Cambridge Blockchain nabbed the top spot at a blockchain startup competition hosted by Banco Santander’s venture capital arm, which included a $15,000 prize. CoinDesk reported last week that the Massachusetts-based company was in the process of raising capital. In interview, CEO Matthew Commons said that the startup plans to use the funding to fuel ongoing technology pilots being conducted....
Bitcoin being its own killer app and its use-case as a stealth instrument for solving international remittances are just two highlights from the 2017 North American Bitcoin Conference (TNABC) currently underway. TNABC: ‘Bitcoin is Bitcoin’s Killer App!’ The annual event, which traditionally showcases the biggest innovations in crypto with big announcements from startups, finishes today in Miami. Speeches are coming from some of the industry’s biggest names, including Roger Ver, Charlie Shrem and even John McAfee. The mood is cautiously optimistic this year, with many celebrating Bitcoin’s....
The Senegalese Bitcoin community is flourishing: there's a homemade Bitcoin exchange, Bitcoin seminars in the local language and a growing list of merchants accepting Bitcoin in 2022. Nourou is a 29 year old Bitcoiner with a vision for his home country. A former financial analyst for a French Bank, he founded Bitcoin Senegal in late 2021.Following an eight-year stint in France, during which Nourou earned his Masters degree, Bitcoin Chaincode qualifications, and a deep understanding of legacy financial markets thanks to work in investment finance, he was primed to orange-pill Senegal.He....