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”

Buying Bitcoin: what you need to know

With Bitcoin investing now available on the eToro platform for clients in the Netherlands, we would like to take this opportunity to cover some of the basics of buying Bitcoin for beginners. So, if you don’t know your Bitcoin from your blockchain, this article is here to help. Is there a Bitcoin barrier to entry?Continue reading “Buying Bitcoin: what you need to know”

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 rises to $45K as community rallies against Infrastructure Bill

Market shrugs off regulatory onslaught to reach prices not seen since May Cryptoasset prices are accelerating higher as U.S. regulators put Bitcoin in the spotlight and Ethereum celebrates a successful network upgrade. Crypto has become the most hotly debated aspect of Biden’s $1 trillion infrastructure bill, and prices across the market are lapping up the publicity. Bitcoin touched $45KContinue reading “Bitcoin rises to $45K as community rallies against Infrastructure Bill”

Bitcoin taps $40K to finish July on bullish note

Bitcoin has jumped 7% over the past week, finishing July with a bullish flourish that could signal the end of a multi-month decline. Across the market, cryptoassets are flashing double-digit weekly returns. Ethereum has doubled Bitcoin’s gains by adding 14% ahead of the EIP-1559 upgrade en route to Ethereum 2.0, XRP has risen 15% on freshly signed partnerships, and the release of a newContinue reading “Bitcoin taps $40K to finish July on bullish note”

Inflation fears send Bitcoin below $32K

Crypto sinks with stocks on economic uncertainty Bitcoin’s summer slump continues, with prices falling below $32K as post-pandemic inflation fears wash over the cryptocurrency market. The U.S. Labor Department released data last week showing that U.S. consumer prices spiked beyond expectations in June. Major stock indices started falling shortly afterwards, and Bitcoin — already feeling jittery aboutContinue reading “Inflation fears send Bitcoin below $32K”

Volatility drops in directionless digital asset market

Will sideways trading give way to volatility as Grayscale shares unlock? A summer lull has descended on the digital asset market, as Bitcoin struggles to find clear direction amidst an ample supply of both bullish and bearish headlines. Visa said on Wednesday that more than $1 billion worth of crypto has been spent using their crypto cards in theContinue reading “Volatility drops in directionless digital asset market”

DeFi boosts market as Bitcoin taps on $35K

Compound jumps 40% while Aave and Uniswap enjoy 20% gains As Ethereum has pushed almost 10% higher this week, Bitcoin has drifted sideways on mixed headlines. The Chinese clampdown on mining continues to drive uncertainty in the market, along with the ramp up of regulatory discussion in the U.S. Yet this is matched by equal amounts of positive news, with Michael Saylor’s BitcoinContinue reading “DeFi boosts market as Bitcoin taps on $35K”

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”

Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

Create your website with WordPress.com
Get started