Bitcoin parabola signals the starts of a new crypto paradigm November 27, 2020 Bitcoin momentum stalled at around $19,400 as it began to slip into dangerous territory before breaking its parabolic trend that began in the first week of October. However, historical precedent speaks volumes about bitcoin’s mini parabolic run-up, and what’s to come in 2021. While hindsight bias could elaborate on what precipitated the sell off, bitcoin’s technical [...]
Footballing star takes first step into the metaverse with leading Web3 company OKX April 19, 2023 Manchester City star İlkay Gündoğan today announced his collaboration with OKX, a cryptocurrency exchange and leading developer of Web3 technology. The midfielder, who captains Manchester City and is widely considered amongst the best in the world, will be able to engage virtually with his fans and the public via the “OKX collective” metaverse. Crypto and [...]
Bitcoin and cryptocurrencies plunge after nearing record highs November 26, 2020 Bitcoin has plunged after coming within touching distance of a new all-time high yesterday, with investors second-guessing the cryptocurrency’s recent surge and profit-taking towards the end of a volatile week. The biggest cryptocurrency was last down around 11.6 per cent to $16,921. It had fallen as much as 13 per cent earlier in the day. [...]
Bitcoin surpasses $20,000 to hit all-time high December 16, 2020 Bitcoin has surpassed $20,000 this afternoon reaching its highest ever level making it one of the best performing assets of the year. The cryptocurrency jumped 4.5 per cent to trade as high as $20,440 after a strong year which has seen demand from larger institutional investors. The pandemic has led to a reassessment of bitcoin [...]
Cryptocurrencies continue to struggle July 27, 2022 In association with Luno. Bitcoin’s (BTC) recent strong momentum stalled in the middle of last week, and the price has been drifting back towards the $20k mark after hitting highs above $24k last week. The leading cryptocurrency by market capitalisation has hovered around $21k since Monday, down almost 10 per cent over the past 7 [...]
Before the Bell: Europe set for a higher open after bitcoin tests $50k February 15, 2021 Bitcoin continued to make new record highs over the weekend, edging close to the $50k level after last week’s surprise revelation that Tesla had taken the decision to plough $1.5bn into the cryptocurrency with a view to making it a means of payment. Despite some widespread scepticism about the wisdom of such a move it would [...]
Crypto markets continue to look flat amid disappointing earnings season for tech giants April 28, 2022 Bitcoin is currently changing hands for around $39,700 – up by more than two per cent over the past 24 hours.
Bitcoin Is Here To Stay August 25, 2020 At a time of economic uncertainty, I’m certain about one thing: Bitcoin is here to stay. How can I be so confident? In its short life, Bitcoin has already been counted out numerous times. There is even a website that tracks each of its obituaries. However, each time it has come back stronger, and most [...]
Crypto exchanges glitch on bitcoin bounce after Tesla’s $1.5bn investment February 8, 2021 Cryptocurrency exchanges were battling technical issues this evening as trading volumes soared following the announcement that Elon Musk’s Tesla had invested $1.5bn in bitcoin. The electric carmaker said it had bought Bitcoin for “more flexibility to further diversify and maximise returns on our cash.” Elon Musk’s company added it may invest a future portion of [...]
Zumo turns on Oxygen as an answer to crypto’s ESG questions June 7, 2023 Digital assets platform Zumo has launched a new product aimed at answering the growing calls to decarbonise crypto.