Corporations get behind crypto as Bitcoin reclaims $50K

Cardano and Algorand lead another week of gains for digital assets Bitcoin has once again passed the key milestone of $50K after a week that saw some of the biggest global corporations make moves on the digital asset market. Retail giant Walmart posted a job for a crypto expert to investigate virtual payment options, Facebook announced that their crypto walletContinue reading “Corporations get behind crypto as Bitcoin reclaims $50K”

Altcoin boom pushes crypto market beyond $2 trillion

Cardano, Doge and XRP celebrate high double-digit gains as confidence returns to market The total value of the cryptoasset market has once again risen above $2 trillion, as altcoins including Cardano and XRP race to reclaim all-time highs. This bullish price action comes in defiance of negative headlines. The Senate passed the infrastructure bill on Tuesday without changing the requirements forContinue reading “Altcoin boom pushes crypto market beyond $2 trillion”

Bitcoin eyes $35K after volatile week

Headwinds from China collide with optimism in Latin America Bitcoin is bouncing towards $35K, after a storm of volatility sent the crypto asset down to its lowest point in nearly five months. While enforcement in China and a Bitcoin heist in South Africa have added to the uncertainty pushing prices lower, the market is being supported tailwinds from the West: ElContinue reading “Bitcoin eyes $35K after volatile week”

Elon Musk shakes crypto market with carbon footprint concerns

Bitcoin sinks to three-month low as Cardano hits all-time highs Fear is gripping the crypto market after comments from Tesla billionaire Elon Musk sparked a 20% sell-off for Bitcoin. Prices fell to a low of $42K on Monday as the billionaire voiced concerns about the environmental impact of Bitcoin mining, before hinting at a sale ofContinue reading “Elon Musk shakes crypto market with carbon footprint concerns”

Smart contact platforms soar as Ethereum eclipses $4K

EOS adds 50% while Ethereum Classic triples in value Ethereum and Litecoin have led the market higher this week, with prices roaring past $4K and $400 respectively. As in previous weeks, altcoins have captured the most aggressive gains: Dogecoin finished the week up 20% after Elon Musk appeared on Saturday Night Live. Ethereum Classic tripled in value amidst a market-wide surge inContinue reading “Smart contact platforms soar as Ethereum eclipses $4K”

Bitcoin hits speed bump at $60K as Cardano makes all-time high

Stimulus checks turn crypto market green for St Patrick’s Day As Americans celebrated Saint Patrick’s Day with a feast of $1,400 stimulus checks, the crypto market turned a fitting shade of green. Prices surpassed $60K early in the week, with two out of five stimulus checks landing in the crypto market, according to a recent survey.Continue reading “Bitcoin hits speed bump at $60K as Cardano makes all-time high”

Crypto Roundup, March 8, 2021 – Bitcoin reclaims $50k after turbulent week

Market makes comeback amidst accelerating institutional adoption Since falling alongside the stock market early last week, Bitcoin has bounced beyond $50K, bringing most of the crypto market back into the green. The comeback was accompanied by a string of bullish headlines. Goldman Sachs has restarted its crypto trading desk and is considering launching a Bitcoin ETF, Charles Schwab isContinue reading “Crypto Roundup, March 8, 2021 – Bitcoin reclaims $50k after turbulent week”

Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back

Bitcoin falls alongside stocks after tagging $58K The Bitcoin rally hit a speed bump last week, pushing prices down to $43K as the stock market dropped and US Treasury Secretary Janet Yellen claimed the leading cryptoasset is “extremely inefficient for transactions.” Yet as the market moved lower, institutional investors kept buying. MicroStrategy and Square completed Bitcoin purchases of $1Continue reading “Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back”

Bitcoin goes for gold as market cap tops $1 trillion

Ethereum reaches $2K and Binance Coin doubles in value In yet another historic week, Bitcoin has blown past the trillion dollar market cap milestone to hit highs of $58K as institutional money pours into the market. MicroStrategy is buying an additional $1 billion worth of Bitcoin, Motley Fool has scooped up $5 million, and even the world’s largest assetContinue reading “Bitcoin goes for gold as market cap tops $1 trillion”

Crypto Roundup, February 15, 2021: Bitcoin approaches $50K after historic week

Litecoin breaks $200 and Ethereum nears $2K as corporate America embraces Bitcoin The Bitcoin rocket has blasted to new highs above $49K after Tesla’a $1.5bn treasury allocation triggered a buying frenzy last Monday. As the week continued, more bullish news hit the headlines. Twitter said it was considering adding Bitcoin to its balance sheet, and BNY Mellon and Deutsche Bank revealedContinue reading “Crypto Roundup, February 15, 2021: Bitcoin approaches $50K after historic week”

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