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Bitcoin 2017 Vs. 2021: How This Bull Run Is Different

2021 is shaping up to be a momentous year for Bitcoin as the price hurtles toward $40,000 — more than double its 2017 all-time high. As HODLers rejoice and naysayers are left in disbelief, it’s important to note that a lot has changed in the world since 2017, making this bull run infinitely disparate from

3 reasons Bitcoin abruptly dropped by 7.4% overnight

The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions. There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility. BTC/USD

Why Billionaire investor Chamath Palihapitiya says bitcoin will surge to $200,000

Billionaire investor Chamath Palihapitiya told CNBC on Thursday bitcoin could soar to $200,000. The Social Capital CEO said he doesn’t know exactly when bitcoin will reach this price, but “it’s going there,” and could happen in five or ten years. His comments come as bitcoin roars past new records. Bitcoin hit a new all-time high of more than $41,000 on Friday

What is behind the recent surge in the price of bitcoin?

The latest iteration of a sustained surge in bitcoin price has seen the cryptocurrency rise by more than 300 percent during the past year. This is the third major cycle of price spikes involving bitcoin since 2013 — the previous two “bubbles” ended with a sharp fall of over 80 percent. Unlike a stock or a bond, it is hard to

JPMorgan says bitcoin could rise to $146,000 long-term as it competes with gold

Bitcoin’s remarkable ascent past $30,000 has stunned Wall Street — and one of the biggest U.S. investment banks thinks the digital currency could have much further to run. In a note published Monday, JPMorgan made a bold long-term price target for bitcoin, claiming the red-hot cryptocurrency could rally as high as $146,000 as it competes with gold as an “alternative”

What is happening with Bitcoin’s insane record run?

Bitcoin is crashing — upward. It just passed $28,000 and shows no signs of stopping. The digital currency has a market value north of $500 billion. Think Bitcoin is just a fad? It’s worth more than Visa (V) or Mastercard (MA). Or Walmart (WMT). Bitcoin passed $20,000 for the first time just 11 days ago. Now it’s knocking at $30,000’s door. Its rapid rise has

Bitcoin is irrelevant, says Kevin O’Leary

Kevin O’Leary told CNBC on Thursday that bitcoin is irrelevant to financial markets and too at risk of regulations to be taken seriously by institutional investors. “Is this a nothing burger? It’s not even a single cell amoeba,” the O’Shares chairman said, “I love to talk about it, it’s fun to watch it go up and down, but during

Will bitcoin price hit $500,000?

Add another robust bitcoin (BTC-USD) price prediction to the mix from a crypto industry insider — $500,000. “This year is probably going to end at this $22,000 to $25,000 range [for bitcoin] and next year $30,000 to $35,000 and then we will break out to these new high levels that you are talking about,” Celsius Network co-founder

How A Biden Administration Is Likely To Approach Bitcoin

One opening question for the new Biden Administration is how they might deal with cryptocurrencies. It’s not going to be an issue that is central to the administration directly, yet with the emergence of the digital yuan from geopolitical competitor China, and inflationary monetary policy meant to gear a recovery in employment rates, the questions

3 Cryptocurrencies That Ran Circles Around Bitcoin in 2020

It’s been an exceptionally volatile year for equities due to the unprecedented uncertainty created by the coronavirus pandemic. Nevertheless, it’ll probably go down as a largely positive year for investors. After losing more than a third of its value during the first quarter, the benchmark S&P 500 is now on track to deliver gains of more than