Trending Bitcoin News and Market Sentiment, Weekly Edition, 24th October 2020: Bitcoin Extends Rally Above 2020 Highs as PayPal Becomes Latest Crypto Embracer, Bahamas CBDC

bitcoin

Bitcoin records a new high above USD 13,000 for the year, stirring hopes of a bullish end to the year PayPal finally allows buying of Bitcoin within its platform, fueling an extended rally for crypto Bahamas launches the first CBDC What a week it has been! After last week’s stimulus talks and MicroStrategy investment into […]

Trending Bitcoin News and Market Sentiment, Weekly Edition, 17th October, 2020: $1.7T Global Economy Boost from Blockchain, Nigeria National Adoption, 100 Italian Banks on Blockchain

bitcoin

PwC estimates that the blockchain industry will provide a USD 1.7 trillion boost by 2030 Nigeria preps move for national blockchain adoption 100 Italian banks are already on blockchain As Bitcoin and Ether shrug off the early week malaise, and take new aims at making new records after breaking 2-month highs, we see plenty of […]

Trending Bitcoin News and Market Sentiment, Weekly Edition, 26th September 2020: Bitcoin Traditional Asset Decoupling as MicroStrategy Adopts Bitcoin Standard,

Bitcoin

Bitcoin is about to stop its pattern of correlation with traditional assets after a three year crypto winter, according to some analysts. MicroStrategy’s USD 425 million Bitcoin purchase isn’t a hedge. It’s a bet on the Bitcoin standard. Bitcoin and crypto finished the week on a high, after initially struggling to make any headway since […]

Trending Bitcoin News and Market Sentiment, Weekly Edition, September 17th, 2020: Uniswap Governance Token Sends Users Into Frenzy, Kraken is First Crypto Exchange to Become US Bank

bitcoin

Defi madness as Uniswap token drop to thousands of users sends ETH fees to all-time high Kraken becomes the first crypto exchange to become an official US bank Bitcoin finishes the week on a strong note with prices close to USD 11,000. Even though a failure to retake that resistance level will temper expectations, the […]

Trending Bitcoin News and Market Sentiment, Weekly Edition, 11th September, 2020: Bitcoin Holds Steady, Square Fights Patent Hoarding, Switzerland Laws Get More Friendly to Crypto

bitcoin

Bitcoin holds steady above USD 10,000 this week, despite further pressure from Defi liquidations across the rest of the crypto market Square forms a group to prevent patent hoarding in blockchain Swiss laws become even friendlier towards blockchain and crypto Bitcoin has yet to recover the ground it lost last weekend when US stock markets […]

Trending Bitcoin News and Market Sentiment, Weekly Edition 6th September 2020: DeFi Deflates to Prick Ethereum Bubble and Bitcoin Loses Grip on $10,000, But Long-Term Holders Aren’t Flinching

Bitcoin

Friday and Saturday saw massive losses on the crypto market as about 20% of capitalization was shed in the wake of shrinking Defi locked up values Despite the losses, long-term holders and speculators aren’t perturbed, and see this only as a temporary retracement The weekend bulls for sure did not come out to play on […]

Trending Bitcoin News and Market Sentiment, Weekly Edition 28th August, 2020: Bitcoin in Brief Retreat, Mixed Crypto Sentiment As SEC Broadens Accredited Investor Definition, More Buy Bitcoin Signals Emerge

bitcoin

Bitcoin ends the week in retracement from current yearly highs Mixed crypto sentiment as US SEC broadens definition for accredited investors More old school finance people say buy Bitcoin now Bitcoin, along with the rest of the crypto market, does seem to have snagged itself into a minor tailspin over the last few days, retreating […]