Bitcoin Price

Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments

Source Node: https://beincrypto.com/motorcycle-maker-soriano-motori-partners-with-coinbase-to-accept-crypto-payments/
Time Stamp: December 14, 2020 12:41 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Italian motorcycle company Soriano Motori will accept crypto payments for its bikes, becoming the first motorbike firm to do so. From flight tickets to real estate deals, cryptos are becoming more readily acceptable as payment means with companies looking to expand their revenue streams. Italian Bike Maker to Accept Bitcoin and Other Crypto “Coins” Soriano announced the acceptance of cryptocurrencies as a payment means for its motorbikes in a press release issued on Dec. 14. According to the press statement, customers can utilize Bitcoin (BTC) as well as crypto coins like Ether

Analysts Are Watching This Level After Bitcoin Price Plunged Under $12,000

Source Node: https://bitcoinist.com/watching-level-bitcoin-price-plunged-12000/?utm_source=rss&utm_medium=rss&utm_campaign=watching-level-bitcoin-price-plunged-12000
Time Stamp: August 18, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin seriously broke higher on Monday, breaking above $12,400 for the first time since 2019. The asset has since suffered a strong correction to $11,900, where it trades as of this article’s writing. BTC’s drop comes after the value of gold and the S&P 500 plunged after a strong start to the Tuesday trading session. Bitcoin remains above a pivotal support level, though, that analysts say the asset must hold to remain in a bullish state. BTC is now trading below the pivotal $12,000 level. That level held as resistance

Cryptocurrency News Roundup for August 18, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-18-2020/
Time Stamp: August 18, 2020 4:45 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier. To bank in on that phenomenal growth and encourage greater cooperation among industry stakeholders, Huobi DeFi Lab has launched a new initiative called the Global DeFi Alliance. Several major players in the DeFi space have already joined the initiative to create a united front and pave the way for mainstream adoption in

Analyst on Bitcoin: Wall Street Isn’t Ready For What’s Next

Source Node: https://bitcoinist.com/analyst-on-bitcoin-wall-street-isnt-ready-for-whats-next/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-on-bitcoin-wall-street-isnt-ready-for-whats-next
Time Stamp: August 18, 2020 11:16 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin price just set a new yearly high after pushing above $12,000 and may be gearing up for an explosive move higher. The first-ever cryptocurrency may be finally entering a new uptrend. If this is the case, and the asset continues to follow the stock-to-flow model, Wall Street may be left in shock after having to adjust their chart settings to keep up with Bitcoin’s logarithmic growth. Institutions Begin Looking Toward Bitcoin As A Hedge Against Inflation Bitcoin is unlike any other financial asset before it. And while it shares

Bitcoin Bull Market ‘Confirmed’ Says PlanB as RSI Repeats 2016 Halving

Source Node: https://cointelegraph.com/news/bitcoin-bull-market-confirmed-says-planb-as-rsi-repeats-2016-halving
Time Stamp: August 18, 2020 10:24 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The creator of arguably the most famous Bitcoin (BTC) price forecasting tool has declared that the largest cryptocurrency is in a bull market.In a tweet on Aug. 18, quant analyst PlanB, creator of the Stock-to-Flow series of Bitcoin price models, said that with a relative strength index (RSI) of 64, the bull market was “confirmed.”PlanB: BTC “looking strong”RSI is used to determine whether Bitcoin is overbought — or oversold — at a specific price point.Current behavior mimics that of previous halving cycles, with 2012 and 2016 both seeing solid RSI

Bitcoin Breaks Out Above $12,000 — Legitimate or Fakeout Rally?

Source Node: https://beincrypto.com/bitcoin-breaks-out-above-12000-legitimate-or-fakeout-rally/
Time Stamp: August 18, 2020 5:50 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

On Aug 17, the Bitcoin (BTC) price created a bullish engulfing candlestick and broke out above its previous high. While the breakout looks legitimate, it is not yet clear if there is enough buying power for BTC to continue making higher-highs. Bitcoin's Questionable Breakout On Aug 2, the Bitcoin price reached a high of $12,123 but dropped sharply the same day. Since then, the $12,000 × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and

Weekly Bitcoin and Cryptocurrency Market Analysis

Source Node: https://bitcoinist.com/weekly-bitcoin-and-crypto-market-analysis/?utm_source=rss&utm_medium=rss&utm_campaign=weekly-bitcoin-and-crypto-market-analysis
Time Stamp: August 18, 2020 4:28 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. After its drop to 3,335, it has since recovered to 3,372. Bitcoin broke through $12,000 on Monday, only to suffer a significant fall to $11,275 by Wednesday morning.

Cryptocurrency News Roundup for August 17, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-17-2020/
Time Stamp: August 17, 2020 2:30 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

More than nine out of ten bitcoins in supply are currently in the money, meaning they have yielded a higher return-on-investment for their owners over time. And this profitability is not just confined to the alpha-crypto. According to new data from cryptocurrency analytics firm, IntoTheBlock, nearly 95% of all Chainlink (LINK) and 94% of all VeChain (VET) addresses are currently in profit. In fact, barring a few exceptions such as Litecoin (LTC), most of the major wallet-bound altcoins are earning sizeable profits for their holders. More on that and other

Bitcoin Blasts Back Above $12,000, Sets New High For 2020

Source Node: https://bitcoinist.com/bitcoin-blasts-back-above-12000-sets-new-high-for-2020/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-blasts-back-above-12000-sets-new-high-for-2020
Time Stamp: August 17, 2020 11:04 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin’s price this morning blasted clean above $12,000 for yet another attempt to hold above the key level. The latest move also has set a new high for the year. Will this latest performance from bulls lead to a much stronger push higher to retest $14,000, or after so many weeks of positive momentum, is the trend started to near its end? New 2020 Record High Set For BTCUSD After Monday Morning Mayhem This morning, to start off the week with as Monday morning trading activity started across the US,

Bitcoin Price Hits 13-Month High of $12,200, Liquidating $22M Shorts

Source Node: https://cointelegraph.com/news/bitcoin-price-hits-13-month-high-of-12-200-liquidating-22m-shorts
Time Stamp: August 17, 2020 9:49 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) triggered $24 million of liquidations on BitMEX alone Aug. 17 as a fresh move saw markets reclaim $12,000.Cryptocurrency market daily snapshot, Aug. 17. Source: Coin360BTC price “clear fake-out” costs shorters bigData from Cointelegraph Markets and Coin360 showed BTC/USD hitting $12,200 briefly on Monday.A subsequent correction managed to erase the gains and more, bouncing at $11,785 to recross the $12,000 mark — all within a matter of minutes.At press time, Bitcoin circled $12,080, equating to 24-hour gains of 2.5% and the highest price for over a year.BTC/USD 24-hour chart.

A Massive Bitcoin Price Move Is Likely Imminent… Again: Here’s Why

Source Node: https://bitcoinist.com/massive-bitcoin-price-move-imminent-again/?utm_source=rss&utm_medium=rss&utm_campaign=massive-bitcoin-price-move-imminent-again
Time Stamp: August 16, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin has consolidated between $11,000-12,000 over recent weeks. While the consolidation has only lasted for just over two weeks, prices are tightening again. By indicators like the width of the Bollinger Bands, volatility is reaching notable lows yet again. This signals to analysts that a massive Bitcoin price move is likely imminent. Fortunately for bulls, there are many analysts expecting upside due to both technical and fundamental trends. How high Bitcoin rallies in this potential breakout, though, is not yet clear. Bitcoin Could Soon See a Massive Move: Volatility Indicators