‘Blow-off top’ or $30,000? Traders muse Bitcoin’s end-of-year fate

‘Blow-off top’ or $30,000? Traders muse Bitcoin’s end-of-year fate

Traders and analysts mull what's in store for Bitcoin after a historic day. After a historic day in which the headlines could hardly keep up with price action and Bitcoin set a new all-time high above $26,500, traders and analysts are now turning their attention towards what could be in store for the digital currency over the next five days as 2020 comes to a close.Historic candleWhile a 8-9% daily gain might be pittance compared to Bitcoin’s historical volatility — there was a 42% rally as recently as 2019 — as Messari founder Ryan Selkis pointed out, today’s rally featured only the....


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Nifty News: Muse frontman drops track as NFT, Chimps create NFTs and more...

Muse frontman Matt Bellamy is tokenizing and selling a song recorded on the same guitar Jeff Buckely used to record his hit album Grace. NFTs are the new museIn an exclusive shared with Cointelegraph, celebrity-focused NFT auction platform Cryptograph has announced the launch of an exclusive track from Muse frontman Matt Bellamy in the form of a nonfungible token (NFT). The token will be issued to accompany the launch of Bellamy’s new 10-track solo album Cryosleep on July 16, which was recorded on the same guitar Jeff Buckely used for his hit album Grace.Guiding Light NFT Artwork: Matt....