The cryptocurrency market has been on a tear over the last month as Bitcoin price climbed 73% from a low of $29,200 on July 20 to a high of $50,478 on Aug. 26, a move that has warranted caution from Dan McDermitt, cryptocurrency market analyst and co-founder of TheChartGuys. According to McDermitt, Bitcoin’s relentless march over the past month was done “with a lack of weekly consolidation,” which was an impressive progression that frustrated bears as “every week is a higher low.” McDermitt is “expecting an equilibrium pattern on the monthly time frame, which is a pattern of higher lows …
Prominent YouTube star KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin (BTC) crash. However, the United Kingdom-based influencer’s latest interview showed his continued support and belief in the Bitcoin ecosystem. Answering the hypothetical question of “if you were prime minister,” KSI — aka Olajide Olayinka Williams “JJ” Olatunji — shared his interest to “give everyone £100 worth of Bitcoin” in the form of a stimulus package. Claiming to back the crypto ecosystem, KSI said: “I think Bitcoin is the future. It’s definitely going to be long term, …
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin price charts hint at the most exciting breakout in over a year The halving has been and gone — and so far, it hasn’t been the cataclysmic event that some in crypto circles feared. Some market analysts have now set their sights on what will happen next. Cointelegraph’s Keith Wareing says Bitcoin is on …
Wherever you are in the world right now, as a Cointelegraph reader, you are almost certainly aware that Bitcoin’s third halving event is now less than 8 hours away. It is also highly possible that some level of lockdown, due to the ongoing threat of the coronavirus and COVID-19 pandemic, is seriously curtailing your plans to celebrate the most-anticipated crypto event of 2020. But never fear. Cointelegraph is here to get the party started, with a lockdown-friendly livestream event on our YouTube channel, featuring the biggest names in cryptocurrency today. Join Cointelegraph’s Bitcoin halving party from 10am ET The fun …
Youtuber NasDaily endured a Bitcoin (BTC) baptism by fire. The entrepreneur and influencer with over 50 million followers invested $500,000 in Bitcoin —right before the bear market kicked in. Cointelegraph spoke to NasDaily (whose real name is Nuseir Yassin) during the World Economic Forum (WEF) in Davos, Switzerland. Yassin told Cointelegraph that the half a million dollars he saved in Bitcoin is now worth $300,000, adding with a smile that “it’s a great test of conviction.” Despite the paper loss, he’s more convinced than ever that crypto is the future: “Even if it goes down to zero, I think I …