First Mover: Bitcoin’s Failure to Break $20K Shows Big Investors Only Just Ar...
Institutional adoption is the buzzword du jour, probably a factor in bitcoin's price rally close to $20,000, and not even really happening yet.
Related News
It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.
February 4th, the IRS reported that its systems were experiencing a hardware failure that was halting tax-processing systems. Their systems are technologically obsolete since their centralized architecture offers inferior security and a single point of failure compared to Bitcoin’s decentralized nature. After experiencing some downtime, the IRS announced....
The price of Bitcoin has shown weakness after failing to clear $38,000 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 #Bitcoin to his Twitter profile. However, no follow-up of that price movement was seen on the charts as Bitcoin dropped substantially in the following hours. Currently, the $34,500 area is a significant resistance zone to break through if the market wants to sustain the bullish momentum.Failure to....
Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.
Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.