Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins

E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s record-breaking performance comes after Paypal recently reported a drop in its […]

The post Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold

Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital GoldGold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […]

The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run

Bitcoin Crushes Previous All-Time High Surpassing the $20,000 Price ZoneDigital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed the crypto asset’s 2017 all-time highs (ATH) after crossing the highly anticipated $19,860 zone […]

The post Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k Handle

Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k HandleDigital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours. After dropping […]

The post Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k Handle appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

No, You Can’t Buy Shares in Bitcoin

With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have sprung up and millions of dollars have been lost […]

The post No, You Can’t Buy Shares in Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Gold Price Expected to Rally Despite Concerns About Lockdown 2.0

Gold Price Expected to Rally Despite Concerns About Lockdown 2.0Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve currency. The gold industry players also add […]

The post Gold Price Expected to Rally Despite Concerns About Lockdown 2.0 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting

Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self CorrectingThe latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also making the list of heavy droppers is […]

The post Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico