Cryptocurrency

Bitcoin is quickly flipping traders bullish as BTC price action continues to hold $60,000. Up 9% week-to-date as of Sept. 15, BTC/USD is primed for “bullish momentum,” the latest analysis says. Daily, weekly BTC price turnaround in progress Bitcoin price indicators form the pretext for fresh BTC price optimism on short timeframes this week. After a troublesome […]

JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods and suggested the possibility of a recession remains significant. Jamie […]

The world’s top cryptocurrency could still have plenty of room to run. Bitcoin (BTC -2.96%) has minted a lot of millionaires. The world’s leading cryptocurrency soared 12,590% over the past decade — and that blistering rally would have turned a modest $10,000 investment into $1.27 million. That same investment in an S&P 500 index fund […]

Crypto millionaire James Fickel has suffered losses exceeding $43 million since Jan. 10, as his debt on the decentralized lending platform Aave surged to $132 million. Fickel, an early Ethereum investor and the founder of longevity research firm Amaranth Foundation lost over $43.7 million by essentially betting on Ether’s price against Bitcoin. Based on the […]

It was a week of extremes for bitcoin enthusiasts. On the plus side, the cryptocurrency rose 12% in the past seven days and the network hash rate hit an all-time high. Hash rate refers to the collective computing power of all miners in the bitcoin network, and the recent high suggests there have never been more miners […]

BitcoinBitcoin -0.4% and crypto have rocketed higher this year, helped by fears the U.S. dollar is on “the verge of a total collapse,” setting up the bitcoin price for “a critical tipping point.” The bitcoin price has almost doubled over the last 12 months, climbing as Russia gears up for a bitcoin and crypto flip. […]

MicroStrategy, a publicly traded business intelligence and software company, has announced that it acquired approximately 18,300 Bitcoin between Aug. 6 and Sept. 12. The company’s Form 8-K to the United States Securities and Exchange Commission states that the purchase, worth $1.11 billion, was made at an average price of $60,408 per Bitcoin, including expenses and fees. […]

Bitcoin neared $60,000 after the Sept. 13 Wall Street open as gold set a new US dollar all-time high. BTC/USD 4-hour chart. Source: TradingView BTC price launches toward key $60,000 mark Data from Cointelegraph Markets Pro and TradingView showed BTC price action matching 10-day highs on Bitstamp. Bitcoin extended a recovery that began prior to the weekly open as […]

Over the past five days Bitcoin price rebounded nicely from its recent low at $52,500 and technical charts suggest the momentum could extend to the $62,000 to $65,000 zone. Similar to last week’s price action, on the higher timeframe, Bitcoin is still making weekly lower highs as each sell-off concretizes previous support levels into resistance. […]

On May 23, 2014, a few days after Credit Suisse pled guilty in a $2.6 billion settlement, Edmund Moy, Director of the United States Mint between 2006 to 2011, had an epiphany. Seeing public statements from the bank’s chief executive, Brady W. Dougan, hours after the charges were announced — criminal charges for a conspiracy that […]