Bitcoin news

Bitcoin’s remarkable bull run this year reversed in dramatic fashion on Thanksgiving, as the price fell as low as $16,242 from $19,345 on Tuesday. That 16% drop was the largest since March, and put a major dent in a rally that was riding a fierce surge of momentum. Bitcoin had roughly doubled between mid-September and […]

Bitcoin rode another ferocious bull run into Thanksgiving this past week, rising 50% over a month, to a new 52-week high of $19,345 on Tuesday. That was 2% off its all-time high of $19,783 reached in December 2017, soon after the digital asset had been the talk of many a Thanksgiving table. Bitcoin’s latest surge […]

This entire article is Saifedean’s fault.  Saifedean Ammous, author of “The Bitcoin Standard,” kept heaping steak tartare onto my plate at a Bitcoin meetup back in August 2018, in between jokes about liberal plebs.   As the youngest woman in the room, per usual, I wanted acceptance from the Bitcoin clan. Despite nearly a decade of […]

Bitcoin may hit $150,000 by November 2021, according to Raoul Pal, founder and CEO of Global Macro Investor and Real Vision — and that would be the most conservative scenario. Pal believes that Bitcoin could even reach $250,000 due to the large amount of institutional money currently flowing into the Bitcoin market. That is what, […]

A fresh record high for bitcoin is going to have to wait, if it comes at all. Bitcoin prices BTCUSD, -0.76% BTCUSD, -0.76% on Friday were being pummeled, pushing the cryptocurrency into correction territory, commonly defined as a decline in an asset from a recent peak of at least 10%. At last check, Bitcoins changed […]

Bitcoin may have a tough time charting a V-shaped recovery to recent highs in the short term, with on-chain activity showing increased selling pressure in the market. Blockchain analytics firm CryptoQuant’s exchange inflow indicator – which measures the 144-block (roughly 24-hour) average of mean bitcoin deposits across major cryptocurrency exchanges – has risen to 2.5 […]

Bitcoin, ethereum, Ripple’s XRP, bitcoin cash, litecoin and chainlink—the biggest cryptocurrencies by market value—have fallen sharply after rocketing higher through November. The bitcoin price lost $3,000 in a matter of hours yesterday, dropping over 10% from near its all-time highs of almost $20,000 per bitcoin—while ethereum, Ripple’s XRP, chainlink, bitcoin cash and litecoin all saw […]

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Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017.  In an article on Nov. 27, the publication known for its pessimism highlighted a range of Bitcoin metrics pointing to a bullish future — despite Thursday’s $3,000 price rout. Bloomberg: […]

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