Today, Bitcoin price reached the 33-month highs to settle above $16,000. Analysts now suggest some salient reasons could have fueled the surge.
With the release of the in-house M1 Silicon chipset and the macOS 11 Big Sur, Apple MacBooks will get the perfect combination of indigenous hardware and software code.
Banking giant Goldman Sachs expects the USFDA to approve at least one vaccine by January 2021.
Following the positive news about the Pfizer COVID-19 vaccine efficacy, the stock market has responded with big jumps.
The banking giant said that Bitcoin is smartly consolidating its strength against the yellow metal and emerging as a potential alternative.
Most traders hope that Biden will reduce international conflicts and push for peace. Therefore, their reaction to the election results was positive.
The fate of blockchain, DeFi and crypto will only thrive if Biden appoints blockchain and crypto-centric professionals to head key positions that can impact the regulatory space needed for growth.
Bitcoin smashed past $15,500 levels hitting its new 2020-high and eyeing its all-time high above $20,000. The overall crypto market has added $50 billion in the last week. The fiscal and monetary stimulus measures by the Fed push more people closer to buying BTC.
Bitcoin makes swift moves as analysts expect the Fed to continue its money-printing in wake of more stimulus. This creates a more favorable position for Bitcoin as analysts hint at higher targets above $16,000.
Ethereum developers are inching closer to the launch of Ethereum 2.0 by starting the deposit contracts. The first leg of the launch i.e. the Beacon Chain will go live on December 1.
The performance of both Bitcoin (BTC) and the major stock indexes, in particular, has remained resilient these days.
At the close of Tuesday’s trading session, the Dow was trading at 27,480.03, having added approximately 2.06%.
The flipping of the odds favoring President Trump to win is due in part to his clinching the victory is some of the key swing states.
Ant Group receives a regulatory summons to halt its IPO that was scheduled for a dual listing in Hong Kong and Shanghai. The Chinese regulators have asked the Alibaba-backed company for additional disclosures.
While the Americans are voting for their President, major stock indices are climbing higher.