Bitcoin Price Rockets: 500 Next?

Bitcoin Price Rockets: 500 Next?

The Bitcoin price has made it very easy for us to implement our intraday breakout strategy over the last few days. Staggered improvements in value have preceded periods of consolidation, with the aforementioned periods allowing us to define our range prior to the next breakout. Whether this sort of action will hold firm going forward remains to be seen-things can reverse quickly in the Bitcoin price, as we know all too well. As we move forward, however, we can stick to our predefined strategy and take advantage of action in either direction. So, as we head into tonight's market, what are....


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NYDIG will enable bitcoin rewards and payment options for Houston Rockets fans and associates.

NYDIG partners with Houston Rockets basketball franchise, plans to pay team i...

The deal seems to be part of a larger move for Rockets owner Tilman Fertitta, who is also the chairman and CEO of a restaurant group that recently launched a Bitcoin rewards program. The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise in Bitcoin as part of a partnership aimed at promoting crypto education and adoption.In a Nov. 16 announcement, the Houston Rockets said the New York Digital Investment Group, or NYDIG, would become the team’s official Bitcoin (BTC) services partner and platform. As part of the partnership,....

Houston Rockets Partner With Bitcoin Company NYDIG in Sponsorship Deal

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Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets

Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s Cash App, the two companies are buying more than 100% of all newly issued virgin bitcoin (BTC), it says. The letter said demand for Paypal’s crypto service, which runs on Paxos fiat-to-crypto exchange, Itbit, had hit the roof. The exchange “was doing a fairly constant amount of trading....

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