BitcoinCurrencies

Bloomberg says that Bitcoin Price will Reach 20,000$ in 2020

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According to Bloomberg, Bitcoin will approach the record high of about $20,000 this year if it follows 2016’s trend. Bitcoin is mirroring the year 2016 return to its previous peak. That was the last time supply was halved, and the third year after a significant peak. By the end of 2016 the crypto about matched the 2013 peak. Fast forward…

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BitcoinCurrenciesEthereumExchangesXRP

Revolut Sees more than 50% Jump in Crypto Demand

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Revolut has reported a significant jump in the number of its clients trading cryptocurrencies on its application during the last months. According to the data published by the payments company, the number of Revolut users trading digital currencies surged 68% in April. The massive spike in demand in Bitcoin and other cryptocurrencies was witnesses following a 52% drop in the average value…

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BitcoinCurrencies

Curiosity: 2 Pizzas 10 Years Ago would cost now 90$ Million

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On this day in 2010, Laszlo Hanyecz, made a mark in history after he paid 10,000 Bitcoin, which is worth millions of dollars today ($90 million), for two Papa John’s Pizzas. In 2010, 10,000 Bitcoin´s was worth $30 In 2010. Having mined tens of thousands of BTC, Hanyecz decided to demonstrate the proof of concept of Bitcoin by posting on BitcoinTalk that he…

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BitcoinCurrenciesExchanges

50 Bitcoins moved from a 2009 wallet, can be Satoshi Nakamoto?

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Satoshi Nakamoto, the father of Bitcoin, released in 2009 a white paper on the potentials of Blockchain technology. Satoshi was one of the few miners in 2009 mining Bitcoin. Some people claim that it was Satoshi Nakamoto who transferred those Bitcoins. And another section claims that it was definitely not Satoshi who did the transaction. Is Satoshi who transferred the 50 Bitcoins Satoshi…

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BitcoinCurrenciesExchanges

One crypto trader Moves more than 143,000,000 $ in Bitcoin in Single Transaction

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The crypto tracker Whale Alert spotted the single transaction of 14,922 Bitcoin worth $143.96 million sending the trove of BTC to an unknown address. One of the richest Bitcoin holders on record just completed a huge crypto transfer. On April 5th, the wallet was the 58th richest Bitcoin address holding 12,380 BTC and worth $85.08 million. By May 13th, the…

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BitcoinCurrenciesEthereumExchangesXRP

PwC Survey: Institutional Interest in Cryptocurrencies Doubled in 2019

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According to a PwC study, the assents under management (AUM) of cryptocurrency hedge funds had doubled in 2019 compared to the year 2018. Despite some challenges in the field, Bitcoin remains the most frequently traded digital asset, with Ethereum and Ripple following. According to the PwC report, cryptocurrency funds have increased their AUM to more than $2 billion at the end…

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BitcoinCurrencies

Bitcoin Price Drop 12% in 15 Minutes

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Approximately 48 hours before Bitcoin halving, the average price of Bitcoin across the most important exchanges dropped from apron. $9,480 to $8,330, a loss of 12.2%, and almost 20%, below $8000 on some exchanges. As of writing this post, the price of Bitcoin corrected a bit and currently trading around $8800, which is a 8% drop over the past 24 hours. The volatility…

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BitcoinCurrencies

Bitcoin Hit 10,000$, Whats next?

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It happened faster than expected, Bitcoin just reached the the 10.000 $ mark for the first time since February 24 of 2020. This happens only four days left until the Bitcoin halving event. Bitcoin increased 35% the price since the past ten days, remember that two months ago Bitcoin price was 3.600 $. Taking a look at the technical analysis, the…

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