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Andrew Yang Wants To Turn NYC Into Hub For Bitcoin

Bitcoin could soon take over Wall Street completely, more so than it already has in recent months. According to NYC mayoral candidate Andrew Yang, if elected, he would invest in turning the city as the country’s financial epicenter into a…
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What could happen if Tesla sparks a bitcoin goldrush?

University of Liverpool’s Gavin Brown explains why a wave of huge companies investing in bitcoin could derail the stock market. After Tesla announced it had invested $1.5bn in bitcoin and expects to start accepting the cryptocurrency as a…
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Bitcoin Eyes $50K with Weaker Dollar, Stimulus, and Tesla in Focus

Bitcoin rally paused after notching a new record high on Tuesday, suggesting that its supersonic rally in the previous session might pare a portion of its gains. The benchmark cryptocurrency headed for its most robust one-day performance…
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Elon Musk’s $1.5bn Bitcoin investment triggers record high as Dogecoin rockets

Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk’s electric vehicle company Tesla Inc revealed it had purchased $1.5 billion of the cryptocurrency and would soon accept it as a form of…
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Bitcoin Price Will Hit $50,000 Soon, Popular Analyst Suggests

A popular analyst has suggested that bitcoin is showing signs it will continue its uptrend to reach a new record high above $50,000, based on technical indicators including moving averages and candlestick patterns. The analyst,…
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Bitcoin Market Cap May Be ‘Overstated’ by USD 151B

Bitcoin (BTC) market capitalization may be overstated by USD 151.5bn, according to data from the crypto intelligence firm Coin Metrics. And the same may well go for the token’s forks, the company suggested. Coin Metrics arrived at this…
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Bitcoin Price Could Move to $50,000 as Gold Falters

The price of bitcoin could be moving toward the $50,000 mark in the near future, as investors move funds out of gold and bet on the cryptocurrency space, according to Bloomberg senior commodity strategist Mike McGlone. On the February…
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Bitcoin Fails to Push Past $38K on Stronger Dollar, Higher Yields

Bitcoin slipped heading into the European session Thursday as traders booked profits from its recent price rally. The benchmark cryptocurrency briefly crossed over $38,000, a wave high it breached last Friday after gaining open endorsement…
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Bitcoin Price Revisits $38K, Why BTC Dips Turn Attractive

Yesterday, we discussed high chances of a move towards the $38,000 resistance in bitcoin price. BTC did follow a bullish path above the $36,000 level and it cleared many hurdles near $37,000. It even broke the $38,000 resistance and…
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Calls for Bitcoin Price Rally Grows as $600M Enter Crypto Exchanges

Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin. Data fetched by blockchain analytics platform,…
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