Bitcoin Back in Sync with Gold After More than a Month of Consolidation – New 2020 Highs on the Horizon?
After a prolonged consolidation period spanning most of June and July, Bitcoin sprung into action and crossed the critical $10,000 level earlier on July 26, before a mild correction, followed by another surge that took it near $10,500, one of the key resistance levels...
After the Halving: Bitcoin Inching Towards a $10K Breach Despite Volatility
Bitcoin, the largest digital currency by market cap, underwent its third block reward halving last month, on May 11, 2020, in what was a much-anticipated fundamental development. From lows of around $8,200 on halving day, Bitcoin rallied over 25% to touch $10,400 on...
Bitcoin Ends April up 35% Ahead of Supply Tightening
Bitcoin’s proponents have long anticipated the upcoming block reward halving, an event that halves the rate at which new Bitcoins can be generated. This is an automated process to curb Bitcoin supply and lead to scarcity, as opposed to fiat currencies like the US...
Bitcoin Acts as Safe Haven Asset During US-Iran Tensions
Safe-haven assets like gold appreciate in response to global conflicts and tensions, but Bitcoin was not seriously considered such an asset until the latest US-Iran tensions highlighted an interesting price trend. On January 3, 2020, when a US drone strike killed a...- Top 9 Questions about Investing in Bitcoin, Blockchain,…January 13, 2021
- Bitcoin Back in Sync with Gold After More than a Month …July 28, 2020
