Bitcoin Price

Binance Announces CoinMarketCap Acquisition, CZ Gives the Scoop

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While global markets are experiencing tough times amid the coronavirus pandemic, the crypto industry is getting stronger as its core players have tapped one of the biggest crypto mergers in history. Binance, the world’s biggest cryptocurrency exchange, has reached an agreement to acquire CoinMarketCap (CMC), one of the most-referenced crypto data websites, in an undisclosed …

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In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles

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</header> <strong>Crypto traders and analysts have always looked to the halvings for some kind of clues in order to predict the future price of bitcoin. A number of traders also think that <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> price movements shift every four years and speculators often use the halvings as milestone markers. On March …

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‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu

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While You’re Under Quarantine, Check These Sites for Remote Crypto Jobs If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number … read more. The …

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Bitcoin Price Drops to $6.1K Shortly After Equities Markets Close Red

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After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time to the downside, as the digital asset dropped 8.72% to a daily low at $6,068.  The move somewhat mirrors the performance of traditional markets, which also closed the day with losses. The …

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‘Only Fools are Choosing Bitcoin’ Says Gold Bug Peter Schiff

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“Only fools are choosing Bitcoin” over gold, according to renowned gold proponent Peter Schiff. In a March 24 tweet, Schiff expressed his negative view of the intellectual capabilities of Bitcoin (BTC) investors. He wrote: “Only fools are choosing Bitcoin.  So far this year gold is up over 7%, while Bitcoin is down 3%. Gold is …

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Bitcoin Price Turns Bullish as Traders Fight to Flip $6,400 to Support

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Bitcoin (BTC) price perked up today, rallying from $5,688 to a daily high at $6,600. The digital asset defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to show growing strength in the face of wilting equities markets.  Interestingly, gold and silver prices also rallied 4.42% and 5.94% …

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‘This Will and Needs to Be Bitcoin’s Year’ Says Mike Novogratz

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With vast swaths of the world markets in virtual lockdown amid the coronavirus pandemic, some predict that the shocks rippling through the global economy in early 2020 may yet come to dwarf the magnitude of the 2008 financial crash. Just as Bitcoin (BTC)’s creation is bound up with 2008 and the Great Recession, Galaxy Digital …

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Bitcoin Price Clings to $6K Amid Warning 90% Recovery May Trigger Dip

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Bitcoin (BTC) dipped below $6,000 on March 21 as an end-of-week rally to near $7,000 appeared to stall. Cryptocurrency market daily overview. Source: Coin360 BTC price ruminates at $6,000 Data from Coin360 and Cointelegraph Markets put BTC/USD at a crossroads on Saturday, the pair circling the $6,000 mark in volatile conditions. Markets had fallen as …

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Bitcoin Price Did Not Crash 60% Due to Coronavirus, Says Binance CEO

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The coronavirus pandemic was just the spark that ignited the current global economic meltdown, not its cause, the CEO of Binance says. In a blog post on March 20, Changpeng Zhao, known as “CZ” in cryptocurrency circles, argued that coronavirus had shown that the world’s economy is far too weak. CZ: The economy “should be …

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Bitcoin Price Drops $1,000 as Stocks Plummet — Bulls Quickly Buy the Dip

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Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop from $6,670 to $5,670 is sure to have shocked investors as it is slightly below analyst’s price correction estimates but at the time of …

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