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”

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”

Bitcoin falls to $35K on warning of China crackdown

Altcoins suffer double-digit losses in marketwide meltdown Anxiety has washed over the crypto market, with cascades of selling push prices down to the same levels as before Tesla announced its Bitcoin treasury allocation. Tweets from Tesla CEO Elon Musk have been widely blamed for giving the market jitters, which turned to full-blown fear as China called for a crackdown on Bitcoin mining andContinue reading “Bitcoin falls to $35K on warning of China crackdown”

Altcoins explode as Ethereum smashes $3K

Bitcoin slows as Ethereum hits record highs beyond $3K As the crypto market races back towards all-time highs, Ethereum is shooting ahead. The second-largest crypto has gained over 20% to top $3K for the first time. Close behind, the altcoin market has been supercharged by Ethereum’s strength. Chainlink, XRP, and BNB are surging with double-digit weekly gains, and Uniswap has jumped 17% aheadContinue reading “Altcoins explode as Ethereum smashes $3K”

Altcoin frenzy pushes crypto market to $2 trillion

BNB rises 50% as Litecoin and Stellar make 16% gains While Bitcoin and Ethereum are resting at the key milestones of $60K and $2k respectively, smaller altcoins are darting ahead, pushing the total crypto market cap beyond $2 trillion for the first time. BNB is the biggest winner of the week with 50% gains, making the market capContinue reading “Altcoin frenzy pushes crypto market to $2 trillion”

Ethereum smashes all-time high as race for smart contract supremacy accelerates

TRX, EOS, and BNB make massive gains as Visa adopts Ethereum As corporations like Visa and PayPal join Wall Street banks in expanding their crypto offerings, Ethereum is setting new all-time highs above $2K. Prices began rising on Wednesday as the market was uplifted by crypto-themed April Fool’s pranks. The Teletubbies tweeted about Bitcoin to advertise their own imaginary cryptocurrency TubbyCoin, and long-termContinue reading “Ethereum smashes all-time high as race for smart contract supremacy accelerates”

Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday

Leading crypto celebrates more than 1400% gains year-to-date Bitcoin surged to fresh highs above $60K on Saturday, marking the one year anniversary of the Black Thursday crash with an astonishing show of strength. The buying frenzy began as another round of government checks hit American’s bank accounts. Biden’s $1.9 trillion plan was signed into law last Thursday afternoon, sparkingContinue reading “Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday”

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”

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