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Bitcoin Price Sets Another New Yearly High, Grinding Closer $17,000; How Nigh Is The Reversal?

Bitcoin price blasts last week’s high to trade a new 2020 peak at $16,895. BTC/USD is poised for a retreat, but bulls hope to hold the price above $16,500 to sustain the uptrend to $17,000. Bitcoin price has rallied by more than 28% since the lows traded early November around $13,215. The flagship…

This Indicator Shows Bitcoin May Surge Before Seeing a 20%+ Pullback

Bitcoin is seeing some intense strength today, with bulls pushing the cryptocurrency towards $17,000 following a brief bout of weakness earlier this week. The ongoing uptrend has marked a significant extension of the trend seen throughout the past few months, with bears being unable to gain any…

Litecoin (LTC) Surges 20% Higher as Bitcoin Pushes to New Yearly Highs

Litecoin has been one of the best-performing assets of the past 24 hours. The long-standing cryptocurrency has gained 20% in the past 24 hours, outpacing Bitcoin’s 5% gains and Ethereum’s 3% run. This rally comes shortly after LTC was added to PayPal’s new cryptocurrency service. Many saw this…

Here’s Why Crypto Analysts Are Divided Over The Future Of Altcoins

Over the last few weeks, Bitcoin has been rising without pause, absorbing all of the capital out of the crypto market and causing altcoins to bleed on BTC pairs. BTC dominance finds itself at a crucial resistance level, and some of the brightest and best crypto analysts in the community, are divided…

US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon

Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next few months.…

Grayscale now holds half a million Bitcoin

Grayscale’s Bitcoin Trust now holds more than 500,000 Bitcoin, surpassing $8.3 billion in value. Cryptocurrency fund manager Grayscale Investments now holds more than 500,000 BTC in its Bitcoin Trust.  According to a Nov. 16 post , Grayscale now holds to $8.35 billion worth of Bitcoin— equating to…

Twitter brings in notorious hacker who worked at Google and DARPA months after celebrity megahack

Twitter has hired famous hacker (and government contractor) Peiter Zatko, better known as ‘Mudge,’ to beef up its security months after bitcoin scammers hijacked dozens of celebrity accounts with employee help. Read Full Article at

Bitcoin Is a Great Store of Value, Says US Senator-Elect

Bitcoin, the world’s foremost cryptocurrency, is beginning to get the attention it truly deserves. Bitcoin enthusiast and Wyoming incoming senator Cynthia Lummis has referred to the crypto as a great store of value. She made this statement during an interview on national television. Wyoming's…

Twitter Hires Hacker Pieter 'Mudge' Zatko as Head of Security

After a large hack this summer, the social network has recruited a famed hacker with DARPA and Google experience to run security.

Kyrgyzstan: Central Bank Developing Draft Law For Cryptocurrency Industry

The central bank of Kyrgyzstan has revealed that is working towards developing a draft law to regulate crypto exchanges in the nation. With this, the Asian nation could join countries across the world that have a clear policy on crypto assets. Major Step Towards Regulation The Apex bank revealed…

If History Rhymes, Bitcoin Will See Steep Corrections Before New Highs

Bitcoin is clearly in a full-blown bull market, with each dip being aggressively absorbed by buyers as it continues grinding higher Unlike BTC rallies of the past, this latest one has mainly been a slow grind higher, which is a testament to the crypto’s maturation as an asset It has seen a few…

Elon Musk Just Dropped the Bitcoin Bomb in Twitter… Again

Elon Musk just name-dropped Bitcoin once again on Twitter. The SpaceX and Tesla chief executive recently responded to Masie Williams’ question about Bitcoin with the comment: “Toss a bitcoin to ur Witcher.” 🎶 Toss a bitcoin to ur Witcher 🎶 — Elon Musk (@elonmusk) November 16, 2020 This is not the…

Ethereum Only 18% Ready for ETH 2.0 With One Week to Go

Ethereum’s 2.0 upgrade needs over 524,000 ETH by November 24 in order to launch on December 1, as planned. Right now, it’s only 18% of the way there.

Roubini now terms DeFi ‘junk vaporware’

Economist Nouriel Roubini has criticized the booming decentralized finance (DeFi) economy by labelling the entire sector as“the new crypto fad” and “junk vaporware.” The American economist took to Twitter on 16 November to root for “great cheap” fintech solutions that he believed will not depend on…

Twitter CEO Jack Dorsey opposes Ray Dalio’s Opinion About Government Outlawing Bitcoin

Twitter CEO Jack Dorsey recently reacted to Ray Dalio’s comment that a continuous rise in BTC’s price may force the government to outlaw cryptocurrencies. Ray Dalio, who is an American hedge fund manager and philanthropist, has always been a Bitcoin critic.  Dalio voiced his opinion in an interview…

Retail Is Coming: Game of Thrones star asks Twitter if she should long Bitcoin

It appears that we’re in the part of the Bitcoin bull run where celebrities want in on our favorite orange coin.

Actress Maisie Williams becoming the newest Bitcoiner?

“Join the free folk, long Bitcoin,” said Blockfolio to the Game of Thrones actress. English actress Maisie Williams, best known for her role as Arya Stark in the HBO series Game of Thrones, may be joining the Bitcoin bandwagon. In a Nov. 16 message on Twitter, the actress asked her 2.7 million…

Coinbase App Goes Down Just as Bitcoin Skyrockets

Coinbase said the website and mobile apps are not loading, adding that it is “currently investigating the issue”

BKCM CEO Says Digital Dollar, Euro, or Yuan Will Boost Bitcoin

The founder and CEO of digital currency investment firm BKCM LLC, Brian Kelly, said that the digital dollar, euro, and yuan would serve as a push for Bitcoin. On a phone call with CNBC’s Fast Money, the CEO said: “In terms of the digital euro or digital yuan or digital dollar, it’s not actually…

Citibank Exec Predicts BTC Will Hit $318,000 By 2021

A recent analysis of Bitcoin by CitiFX suggested that the king coin may hit $318,000 in December 2021. Bitcoin has been making headlines recently, with its continuous price increases. Currently, BTC is up 2.40% to $16,438.50.  On the 13th of November, a Twitter commentator, Alex, uploaded a note by…

SkyBridge Capital set to make crypto-investment

American investment management company SkyBridge Capital is the latest firm to show interest in investing in the crypto space. The investment firm has begun seeking approval from the Security and Exchange Commission (SEC) to debut in the crypto space. In SkyBridge Capital SEC filing, the firm is…

Bitcoin SV long-term Price Analysis: 16 November

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice For Bitcoin SV, the larger bullish trend in the market did not matter at all. Over the past week, its valuation dropped on the back of BTC’s corrections, with the crypto…

Coinbase Goes Down as Bitcoin Nears $17K - CoinDesk

Coinbase has suffered a number of outages during busy trading periods this year including most recently on Oct. 27.

Market Wrap: Bitcoin Ascends to $16.8K; Uniswap and Tether 35% of Ethereum Transactions - CoinDesk

Bitcoin is at bullish 2020 highs while the high level of Ethereum transactions show DeFi’s fundamental use case.

Multibillion Fund Prepares for Investment in Bitcoin

The firm claims it might also invest in companies providing technologies related to digital assets.

Neo News: Week in Review – November 9th – November 15th

NEO Neo Global Development released the Neo Global Monthly Report for October 2020, noting the fourth anniversary of the Neo MainNet launch....

Is Crypto Now Mature Enough for Consumer Payments?

Vitalik Buterin, the co-founder of Ethereum has said via Twitter on November 16, 2020, that he firmly believes that crypto payments deserve another push towards mainstream adoption, despite making huge progress in the past decade. Crypto Payments Have Come a Long Way  Since the creation of Bitcoin…

Luxembourg’s CSSF Warns Against Unregulated OTC Markets Broker

This is not the first time that the CSSF encounteres websites falsely claiming to have something to do with Luxembourg.

Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List

Nigeria’s Economic and Financial Crimes Commission (EFCC) is seeking the public’s help in locating Omotade Sparks Amos Sewanu, the mastermind behind the Inksnation crypto scam. According to a notice published in the local media on November 11, the EFCC wants Sewanu to respond to fraud charges…

Crypto Community Rejoices as SEC Chairman Steps Down

Jay Clayton, the current chairman of the SEC, announced he will be stepping down from his position by the end of 2020.

How Bitcoin Could React To Promising Moderna Vaccine

This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94.5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when Pfizer revealed their success rate, the cryptocurrency…

This key market sentiment indicates this about Bitcoin’s trajectory

If one were to choose one word to define Bitcoin and its price movement over the past few weeks, it would be Persistence. With the cryptocurrency’s valuation showing no signs of stopping since October, Bitcoin hinted at a price reversal after it dropped down to $15,800 on 14 November. While the…

Bitcoin at $318,000? Citibank Exec Says It’s Possible - CoinDesk

Breaking down a recent Citibank report of BTC at $318K, that has Bitcoin Twitter salivating and skeptical at the same time.

Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and…

Euphoric Bitcoin trend is ready to print $18,750 next

Bitcoin trend is highly bullish despite overbought technical indicators BTC/USD ready to pierce $17,000 as bullish wave takes down $16,500 resistance Bulls defend the $15,970 support region for a bullish takeover Bitcoin trend defies technicals to power beyond $16,500 As the Bitcoin trend enters the…

Bitcoin Price Nears $17K as Stocks Jump on New COVID-19 Vaccine

Bitcoin has hit another yearly price high following news that Moderna's coronavirus vaccine is now showing to be more than 94% effective in stopping the virus.

Bitcoin Cash Price Prediction: BCH/USD Breaks Above $255, What to Expect?

BCH Price Prediction – November 16 The Bitcoin Cash price is showing an amazing intraday hike as it rises from $246 to touch the daily [...]

Price analysis 11/16: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV

Bitcoin has resumed its journey toward a new all-time high, and the renewed bullish momentum is pulling altcoin prices higher. As Bitcoin ( BTC ) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market.  Mike McGlone, senior…

$20K is a Stepping Stone to $1 Trillion Market Cap for Bitcoin: Bloomberg Senior Strategist

A senior strategist at Bloomberg believes that $20,000 is just a stepping stone for Bitcoin to reach a market cap of $1 trillion.

NiceHash returns 100% of stolen funds

NiceHash has announced that on December 16, 2020, it will be repaying the remaining balances to NiceHash users affected by the 2017 NiceHash security breach. In other words, on December 16th NiceHash will have returned 100% of user-funds that were stolen during the December 6, 2017, NiceHash hack.…

China’s Digital Payment Crackdown Leaves BTC Miners Scrambling to Cover Costs

The Chinese government has held a not-so-veiled animosity towards its cryptocurrency industry for years now. However, while many aspects like exchanges and trading companies have been [...]

Grayscale Investments now controls almost 3% of the current Bitcoin supply

Grayscale seems to have mastered the art of cryptocurrency acquisition in a very short period of time. The cryptocurrency investment firm now owns almost 3% of the world’s Bitcoin supply. Trader and Bitcoin analyst MoonCarl drew light to this in a tweet where he noted that Grayscale has, for the…

SEC Boss Jay Clayton to Step Down in December 2020

The United States Securities and Exchange Commission (SEC) has been a thorn in the crypto industry’s side, to say the least. Initially supposed to ensure financial [...]

Senator-Elect Touts Bitcoin as a “Store of Value” in Good Morning America

Cynthia Lummis, the Senator-elect for the state of Wyoming, spoke in public about her support for Bitcoin as an “important player in stores of value” in an interview last Friday at Good Morning America. In addition, she also supported the relevance of Bitcoin as an alternative form of financial…

Bitcoin Moves Above $16,000 as JP Morgan See Gold Switch, BCH, WAVES, RUNE, Nov. 16

JP Morgan see evidence of ETF investor transition from gold into BTC. Two hedge fund legends have opposing views on BTC.

Enjin Unveils Free Version of NFT Minting & Integration Platform; Onboards Microsoft Veteran as Marketing Expert

Alex Solomon, a Microsoft veteran with over 20 years working solely for the multi-billion technology company, is joining Enjin as the Executive Director of Enterprise Platforms, the gaming development platform in a press release on Nov 16 has announced. Alex Solomon’s Track Record During his time at…

Bitcoin Price Continues to Roar Higher, Pushing to $16,750

Bitcoin has continued to soar higher after our last market update. The cryptocurrency recently traded as high as $16,770, a new year-to-date high and a new multi-year high. Many analysts saw this latest leg higher as notable as BTC moved above $16,600, the level at which John McAfee famously tweeted…

What’s next for Bitcoin after $16K-breach?

After recovering from a drop of nearly 3.5% based on data from CoinMarketCap, many believe that there is little resistance to Bitcoin’s price climbing from $16K to a new ATH on the charts. However, while most people are concerned and excited about Bitcoin finally breaching its ATH, what seems to be…

Anthony Scaramucci's $7 Billion Fund Eyes Investment in Bitcoin

Anthony Scaramucci’s investment firm has said that it “may seek exposure to digital assets." The Mooch has previously expressed interest in crypto.

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