As the Bitcoin halving is expected in May, the king coin’s price has been predicted to hit $400,000 after the event. These forecasts are based on the history of BTC halvings.
Bitcoin is making swift moves northwards since the start of 2020. In the first 20 days, the Bitcoin price has surged by nearly 30% so far. With several important Bitcoin events scheduled ahead this year, BTC is likely to hit new highs in 2020.
According to Korean experts, the government will now treat crypto trading gains as ‘other income’. As a result, a 20% tax on such incomes may be introduced.
In recent days, the Swiss Franc (CHF) is surging against the U.S. Dollar. Goldman Sachs believes that it could be being used as a proxy for gold.
At the current moment, Bitcoin price is around $8,6200 while the pressure from bears is increasing.
The news from Peter Schiff about his Bitcoin loss made a lot of noise on Twitter. But it was not a big tragedy for him as he hadn’t bought the crypto himself.
Grayscale has a record-breaking Q4 2019 while garnering $225 million in a single quarter. Grayscale says that 71% of its investments came from institutional players who are now showing interest in the company’s other crypto-based products.
By Thursday, January 16th, the bursting growth of the BTC has stopped, though all impulses are in force. The cryptocurrency is generally trading at $8695.00.
The cryptocurrency market is experiencing a steep rally across the board, with many convinced that this may be the end of a two-year bear market.
A bonded courier from Craig Wright has successfully delivered Wright’s package. However, the Kleimans say the package is a delay tactic and ask for a 90-day extension of the case.
Blade announced that it will roll out zero-fee BTC perpetuals trading. It believes that this feature will give it an edge in the crowded derivatives market.
Cooperation with Nickel Digital Asset Management is the first partnership of Fidelity Digital Assets in the European market after it opened its London office in December 2019.
2020 will be an interesting year to see how the big players in finance and banking will work with blockchain.
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, EOS, XRP and Bitcoin SV price movement.
After long months of waiting for the decision from the SEC, Bitwise has withdrawn its Bitcoin ETF proposal.