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30/12/20 14:24 by Yashu Gola
Bitcoin Eyes $30K as UK Vaccine Approval Boosts Risk Appetite
Bitcoin secured yet another record high level on Wednesday, helped by news of Anthony Scaramucci’s SkyBridge Capital investment’s investment into the cryptocurrency space.
The benchmark cr... Read More
14/12/20 12:19 by Yashu Gola
Bitcoin to $20K? It All Depends on US Dollar Performance This Week
Bitcoin wobbled into the start of this week’s trading session, moving between losses and gains on its neutral weekly outlook.
The benchmark cryptocurrency was trading at $19,115.54 as of 10:45 G... Read More
23/11/20 14:21 by Yashu Gola
Bitcoin Extends Rebound on AstraZeneca-Oxford Vaccine Results
Bitcoin rose Monday, putting itself back on track to retest its record high after promising results on a coronavirus vaccine reinforced hopes of an economic rebound next year.
The spot BTC/USD exchang... Read More
16/11/20 21:00 by Tony Spilotro
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... Read More
16/11/20 14:05 by Yashu Gola
Risks of Bitcoin Correction Grow on Positive Moderna Vaccine Trial
Bitcoin was trading higher ahead of the New York opening bell Monday but risked shedding its intraday gains on Moderna’s latest announcement.
The tech-savvy pharmaceutical firm updated earlier M... Read More
12/11/20 15:31 by Yashu Gola
Receding Risk Appetite Paves Way for Bitcoin Breakout Above $16K
Bitcoin hit a bull’s eye ahead of the New York opening bell Thursday as its price closed above $16,000.
The flagship cryptocurrency did not extend its welcome, falling prey to a moderate selling... Read More
10/11/20 16:50 by Samuel Wan
Why Bitcoin Stagnance From Vaccine Hopes is Suddenly Causing an Altcoin Boom
Bitcoin has settled into a consolidation range following its significant climb since the start of October. However, increasing sell pressure has many analysts calling for a sharp correction in the nea... Read More
10/11/20 02:00 by Tony Spilotro
How the Vaccine News Might Change Bitcoin’s Attractiveness to Institutions
While the economy has been on thin ice, no asset has benefitted more from the post-pandemic “new normal” than Bitcoin. Fear of the uncertainty has caused demand to rise in the insurance po... Read More
10/11/20 00:59 by Nick Chong
Bitcoin Held a Pivotal Support During Its $1,500 Correction
Bitcoin underwent a swift drop on Monday morning on news of a successful vaccine trial. The leading cryptocurrency was largely reacting to the U.S. dollar index, which moved higher seemingly because a... Read More
09/11/20 18:12 by Bernice Nyambura
Institutional Investors Are Now More Likely To Choose Bitcoin Over Gold – And Here’s Why
Institutional investors now prefer Bitcoin over gold, according to a recently published research note by financial analysts at JP Morgan.
The analysts observed that throughout October, Grayscale, ... Read More
09/11/20 15:01 by Yashu Gola
Bitcoin Falls on Positive Coronavirus Vaccine Results; Risks Ahead?
Bitcoin’s second attempt to close above $16,000 hit a wall on Monday as traders assessed the latest progress on a coronavirus vaccine.
The benchmark cryptocurrency fell 0.77 percent, suggesting ... Read More
16/09/20 20:48 by Brenda Ngari
Robert Kiyosaki Warns That An Effective COVID-19 Vaccine Will Ignite A Nasty Bitcoin Market Crash — Here’s Why
The bitcoin price is roaring back to life today while the majority of other cryptocurrencies swim in a sea of red. The flagship cryptocurrency has climbed above $11,074, which translates to gains of ... Read More