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4 Reasons Why Bitcoin Surged to $58,000

4 Reasons Why Bitcoin Surged to $58,000

The Bitcoin price has shown green bullish candlesticks for the past 7 trading days. There are four reasons that can serve to explain why BTC's price is surging.

Kraken CEO: Drive behind Bitcoin and Tech Stock Adoption in 2020 Linked to Risk of Holding USD

Kraken CEO: Drive behind Bitcoin and Tech Stock Adoption in 2020 Linked to Risk of Holding USD

Much like other leaders in the crypto industry, Kraken CEO and co-founder Jesse Powell believes that Bitcoin is a key investment and will continue to be one.

Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations

Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations

The benchmark responsible for the level of confidence that miners have in the Bitcoin network has been seen to reach its all-time high on Thursday.

Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook

Bitcoin Evaporated 30 Billion Market Cap Amid Coronavirus Pandemic and Bearish Economic Outlook

There's a sea of Red for stocks and cryptocurrencies this week. Bitcoin has dipped below USD $6000 for the first time since May 2019. The selloff of cryptocurrencies has extended to altcoins which the price of Ethereum and Bitcoin SV have dropped 30% and 40% respectively.

Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures

Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures

Singaporean Intercontinental Exchange (ICE) announced its plan to launch the Bakkt Bitcoin (USD) Cash Settled Monthly Futures, the first well-regulated futures platform for cryptocurrencies, on December 9.

Bitcoin (BTC) Price Analysis – March 15,2021

Bitcoin (BTC) Price Analysis – March 15,2021

Bitcoin (BTC) performed strongly in the past week, breaking through the previous high of $58,354. Bitcoin continued to rise, soaring to a new all-time high (ATH)of $61,781 on March 13. But it seems that Bitcoin has suffered strong selling interest near this level and the price has been corrected. At the time of writing, Bitcoin is trading at $60,157.82.

NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS). New York-based exchange and stablecoin operator, Paxos launched a gold-backed Ethereum-based token named Pax Gold (PAXG).

XRP, Binance Coin, Dogecoin, and USD Coin Added to Pornhub’s Crypto Payment Options, Will This Pump XRP?

XRP, Binance Coin, Dogecoin, and USD Coin Added to Pornhub’s Crypto Payment Options, Will This Pump XRP?

Pornhub has added new cryptocurrency options to its list of accepted payments, while removing other ones.

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