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Americans Are Using Their Stimulus Checks To Buy Bitcoin

Although the Bitcoin price declined sharply in response to the World Health Organization’s declaration of COVID-19 as a pandemic last month, interest in the crypto asset from the general public is not lost. In fact, some Americans are taking their $1,200 stimulus checks and using them to buy Bitcoin and other cryptocurrencies. Sharp moves in

Bitcoin Price: 5 Things That Will Impact the Crypto Market This Week

Bitcoin (BTC) maintained $7,000 despite strong resistance on April 20 as oil crashed through fresh support levels towards $10. Heading into what promises to be a choppy week for traditional markets, here are five things to watch for Bitcoin traders in the coming days. Cryptocurrency market daily overview. Source: Coin360 BTC price resistance Data from Coin360

Mark Cuban: This is what it would take for me to change my mind about bitcoin

Billionaire Mark Cuban has always been cautious when it comes to bitcoin – despite being an investor in businesses built on cryptocurrency and even personally investing in bitcoin himself, he frequently warns others to be careful because he finds it to be a gamble. Cuban has gone as far as to say he would “rather have bananas than bitcoin” because at least as food

Rich Dad Poor Dad Author: Coronavirus Will Send Bitcoin ‘Parabolic’

Bitcoin (BTC) ultimately stands to go parabolic after the coronavirus ends, the author of the world’s bestselling personal finance book says. In a tweet on April 15, Robert Kiyosaki, who penned “Rich Dad Poor Dad,” argued that the coronavirus pandemic was “great” for Bitcoin. Kiyosaki: BTC among “best investments” The largest cryptocurrency, which has broadly stabilized since

Is This When To Buy Bitcoin?

Bitcoin has bounced after its price dropped to under $4,000 per bitcoin last month, climbing to around $7,000 over the last two weeks. The bitcoin price, which is now trading flat for the year, has swung wildly due to the economic and financial devastation wrought by the coronavirus pandemic in recent months (though at least one smaller cryptocurrency has performed far

How Has Bitcoin Performed During The Crisis?

Some argue that Bitcoin is potentially a robust defensive asset, somewhat like gold. This is Bitcoin’s first major U.S. recession, when these sorts of assets can do well. How is it doing? So far its performance has been mixed. Bitcoin has held up better than many stocks, but has fared less well than many other assets

Billionaire Makes The Case For A $1 Million Bitcoin Price

Social Capital CEO and former Facebook FB executive Chamath Palihapitiya was an early Bitcoin investor. He bought a lot of the cryptocurrency back in 2013 when the Bitcoin price was around $80 per coin, and he claims that, at one point, he owned around 5% of the entire Bitcoin monetary base. In a recent discussion with Morgan

Bitcoin Is On Fire

Bitcoin is once again climbing, making gains alongside broader markets—with the bitcoin price up 12% over the last week and powering into the second quarter. The bitcoin price is up almost 6% over the last 24-hour trading period, outperforming almost all major indexes despite stocks across Europe following Asia slightly higher. Bitcoin, cryptocurrency, and equity markets have all