Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
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As Bitcoin hits a new all-time high above $28,500, analysts expect that it shall peak-out in early 2021 and thus retail players could get an opportunity to buy at lower levels ahead.
For asset managers including Skybridge Capital, an entry into the world of Bitcoin and cryptocurrencies will serve as a wake-up call for existing clients to have a positive disposition towards BTC as well as the new cryptos that will be supported.
According to the CoinMarketCap data, Bitcoin has made a daily gain of 6.671% to its current price of $27,965.
Unfortunate year-end for Ripple continues as due to the US SEC lawsuit cryptoexchanges are delisting XRP.
While it may be too early to project the possible performance of Grayscale in 2021, the spate of patronage the company recorded in the last two quarters of 2020 looks quite inspiring.
Polkadot (DOT) saw daily gains of 22.5% wrapping up an impressive week with an almost 34% rise in its value.
Following the Bitcoin all-time high on Sunday, December 27, Riot Blockchain stock registered 20% gains on Monday’s trading session. The stock has already appreciated by 13x this year. Apart from BTC, investors of Bitcoin mining companies are making a bomb in the market.
Meanwhile, funds that trusted oil and gas, suffered losses. In particular, the Direxion Daily S&P Oil&Gas E&P 2X ETF lost 97.3% this year. The Direxion Daily Junior Gold Miners Bear 2X ETF plunged 95.5% in 2020.
As BTC continues to hit new all-time highs, Ethereum (ETH) has also joined the rally surging past $725 levels in a strong bull run. Analysts say that the Ethereum journey is just getting started and 2021 could be an even bigger year for the crypto asset.
Bitcoin (BTC) has registered a path-breaking rally this holiday season by surging more than 20% over the last week. Analysts are expecting that we can possibly see $30,000 in the near term with the falling BTC supply at exchanges.
Despite bullish predictions for 2021, some experts believe that Bitcoin is not worth the hype and is poised to decline.
The end of the year is approaching, and the crypto price surge is still going strong. Bitcoin and Ethereum have managed to hold on rather well after reaching their yearly highs recently, not allowing the resistances standing above to push them down too hard.
With the latest rally, Bitcoin becomes the first financial service to cross $500 billion in market cap. The latest BTC price action and on-chain activity suggest that retail buying has suddenly spiked up during this holiday season.
There are two key factors that may affect a short-time bull case for Bitcoin. The factors are institutional accumulation and other altcoins profits cycling into BTC.