Bitcoin


China Cracks the Whip on Crypto, Bitcoin Plunges
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Author: Maria Andretti

Wednesday saw the price of Bitcoin fall to near $30,000 at one point, although later in the day the crypto did recover somewhat to a little over $38,000. The drop in value appears to be due to China’s announcement that banks and payment firms in the country are to be banned from providing crypto-related services. […]

22 May 2021
What Is Driving the Price of Bitcoin?
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Author: Michael Stern

The last few weeks have seen the price of Bitcoin rise from just under $50,000 to just over $63,000. The crypto is currently priced at $57, 245 and seems to be moving upwards. The question begs, “What is driving the growth of Bitcoin?” Turns out there is more than one reason. Past Price Resistance Since […]

12 May 2021
Bitcoin Recovers 10% After Biggest Slump Since March
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Author: Michael Stern

The price of Bitcoin, which has recently seen losses greater than any drop the market has experienced since early March, has recovered over 10% this week, climbing up to $54,338 Monday morning.  The recent slump that Bitcoin went under marked the first time since March that the coin dropped under $50,000. This was a worrying […]

28 Apr 2021
Bitcoin Volatility as Price Hits New All-Time High
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Author: Jeffrey Taylor

If you found someone that claims to understand the Bitcoin market right now, you could comfortably call them a liar.  The cryptocurrency has defied all expert predictions, continuing to smash its own records, including posting a new ATH of over $60,000.  This should be good news, right? Yes, and it is, but there’s something much […]

19 Apr 2021
Bitcoin Plateaus as Alt Season Begins

These have been interesting times for Bitcoin and cryptocurrency at large. The volatility that the market has seen has been unprecedented, defying the expectations of even seasoned investors.  Following Bitcoin’s rise to $50,000, a point at which many believed it would fall from, the coin has remained strong and held onto that support level. While […]

6 Apr 2021
Markets are in Chaos as Tesla Announces Bitcoin Purchasing Options
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Author: Maria Andretti

On the 24th of March, 2021, Elon Musk announced that customers could now purchase Tesla cars using Bitcoin. This marks the first notable example of a mainstream company pushing an initiative to incentivize customers to trade with cryptocurrency.  In line with the other instances of Elon Musk tweeting about Bitcoin, this announcement sent the cryptocurrency […]

25 Mar 2021
Bitcoin Hits $50,000 As Crypto Continues to Rally
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Author: Michael Stern

It’s been an interesting few weeks for Bitcoin. After Elon Musk’s series of tweets on the coin and Tesla’s investment into it, the coin shot up in value and broke $50,000, setting a new all-time high and taking many investors by surprise. Following this hike in price, many were predicting Bitcoin would recede back to […]

13 Mar 2021
Bitcoin is Still Going Strong Despite Predictions of Incoming Crash
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Author: Maria Andretti

Earlier this year, Tesla CEO Elon Musk tweeted about Bitcoin. Following that, Tesla also moved a portion of its reserve cash into the cryptocurrency.  Both of these actions caused an artificial inflation in the price of Bitcoin, and inflation that many had predicted would already have popped by now.  Many of the leading Bitcoin experts […]

3 Mar 2021
Bitcoin Hits $1 Trillion Market Cap
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Author: Michael Stern

2021 is the year that keeps on giving for Bitcoin. We’ve already seen it smash its previous all-time high in February, reaching $50,000 per coin, but it’s not stopping there. Bitcoin has continued to soar in price and now stands at just over $57,000, yet another record for the coin.  This number is more than […]

20 Feb 2021