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Tag: rise

Bitcoin

In the eye of the beholder: What gives Bitcoin its value in 2021?

February 20, 2021 - by coineradmin

Notable mainstream attention has shifted toward Bitcoin amid its meteoric rise, with the asset having recently tapped over $52,500 per coin. Bitcoin (BTC) has seen an increasing wave of interest …

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Bitcoin

Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network

February 9, 2021 - by coineradmin

The exponential rise in Bitcoin’s price and hash rate is driving critics to once again question the largest blockchain’s energy efficiency — with calls for “green hackers” to band together …

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Bitcoin

Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says

January 31, 2021 - by coineradmin

The sudden rise of stocks like GameStop (GME) have shined a positive light on Bitcoin (BTC), as more retail investors look to “rail against” the financial status quo, according to …

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Bitcoin

Time for a crypto GPU? Gamers and miners spar over scarce top hardware

January 26, 2021 - by coineradmin

The rise of cryptocurrencies over the past few months, especially with the onset of 2021, has certainly catapulted the crypto niche into the mainstream. While traders buy and sell and …

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Bitcoin

If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits

January 14, 2021 - by coineradmin

After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for …

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Bitcoin

If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits

January 14, 2021 - by coineradmin

After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for …

Read More
Bitcoin

Experts: Gold outflows are pushing Bitcoin higher

January 9, 2021 - by coineradmin

According to multiple experts, one possible reason for Bitcoin’s remarkable recent price rise are massive investor outflows from another popular inflation hedge: gold.  Spot gold swooned over the past week, …

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Bitcoin

As gold crashes, Jim Cramer says money is ‘all going to crypto’

January 8, 2021 - by coineradmin

As the price of gold plunged on Friday, CNBC’s Jim Cramer said the rise of crypto may partly explain the sudden disinterest in the precious metal — a potential sign …

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Bitcoin

Bitcoin is now worth more than a 20 ounce gold bar

January 7, 2021 - by coineradmin

Bitcoin’s meteoric price rise is showing no signs of slowing down and its latest all-time high has priced the asset higher than a 20 ounce gold bar. Over the past …

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Bitcoin

Bitcoin is now worth more than a 20 ounce gold bar

January 7, 2021 - by coineradmin

Bitcoin’s meteoric price rise is showing no signs of slowing down and its latest all-time high has priced the asset higher than a 20 ounce gold bar. Over the past …

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