Saturday, December 5, 2020

Bitcoin News

3 key metrics to watch as Bitcoin price tries to top $20,000

For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience. In...

Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios

The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec. 4, with traders becoming increasingly uncertain about what's...

Bitcoin price rally at risk as gold and US dollar show signs of recovery

Dan Tapiero, the co-founder of 10T Holdings, said weak hands have been shaken out in the gold market. This raises the probability of a...

Bitcoin price correction begins — Here’s how low BTC can go

The price of Bitcoin (BTC) has been seeing a massive run in recent months as it surged by almost 100% from $10,000 to $19,800....

Every asset manager must understand Bitcoin — Erik Voorhees

Shapeshift CEO Erik Voorhees has drawn a metaphorical line in the financial sand, stating that every asset manager should understand Bitcoin now based on...

Bitcoin is the ‘wrong price for the possibilities it has,’ says Paul Tudor Jones

Legendary investor Paul Tudor Jones has likened Bitcoin (BTC) to precious metals and other cryptocurrencies to industrial metals in terms of use case —...

Bitcoin price metric that called 2020 bull runs flashes ‘buy’ again

An “elegant” Bitcoin (BTC) metric that predicted its run to $12,000 in August has flashed bullish again for the first time since July.As noted...

Bitcoin price consolidates as traders contest the $18.2K to $19.5K range

After an impressive run to a new all-time high on Dec.1, Bitcoin (BTC) price appears to have entered a short consolidation phase as the...

Bitmain reportedly cuts off funding to Bitcoin Core developers

Bitmain, one of the world’s largest Bitcoin (BTC) miner producers, has reportedly halted its funding for some primary developers maintaining Bitcoin-related software.Jonas Schnelli, a...

Reuters runs the headline Bitcoiners have longed to read

The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news...

3 reasons why Bitcoin price violently rejected near $20,000

Bitcoin (BTC) finally managed to secure a new all-time high, but the digital asset rejected strongly near $20,000. On-chain analysts say a sell-off from...

Ethereum flips Bitcoin’s node count

Ethereum 2.0 genesis stakers have pushed the total number of Ethereum nodes past the number of Bitcoin nodes for the second time this year.According...