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4 Reasons Why Bitcoin Has Finally Surpassed $20,000

On Dec 16, 2020
@BitcoinMagazine shared
4 Reasons Why Bitcoin Has Finally Surpassed $20,000. "If all of the above does not make one bullish on bitcoin and its potential to go well beyond the $20,000 price tag, I don’t know what will." Written by Alex Zha (@Alex0627). https://t.co/rjI4eViaC1 https://t.co/sMreEHUAAm
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Fundamental supply metrics, user behavior, new developments and more pushed bitcoin past the $20,000 mark before 2020 came to an end.

bitcoinmagazine.com
On Dec 16, 2020
@BitcoinMagazine shared
4 Reasons Why Bitcoin Has Finally Surpassed $20,000. "If all of the above does not make one bullish on bitcoin and its potential to go well beyond the $20,000 price tag, I don’t know what will." Written by Alex Zha (@Alex0627). https://t.co/rjI4eViaC1 https://t.co/sMreEHUAAm
Open

4 Reasons Why Bitcoin Has Finally Surpassed $20,000

4 Reasons Why Bitcoin Has Finally Surpassed $20,000

Fundamental supply metrics, user behavior, new developments and more pushed bitcoin past the $20,000 mark before 2020 came to an end.

Trading Exchange Okex's Crypto Reserves Nosedived After Withdrawals Opened

Trading Exchange Okex's Crypto Reserves Nosedived After Withdrawals Opened

Onchain data shows Okex’s crypto-asset reserves like bitcoin, ethereum and tether have depleted considerably during the last ten days.

Market Wrap: Bitcoin Tests $11K; Uniswap Passes $1.5B Locked

Market Wrap: Bitcoin Tests $11K; Uniswap Passes $1.5B Locked

With DeFi siphoning off liquidity, bitcoin's price could not stay above $11,000. Meanwhile, investors continue plowing crypto into Uniswap.

2.2% of All Ethereum Is Long on Bitfinex: 3 Reasons Why This Could Go Wrong

2.2% of All Ethereum Is Long on Bitfinex: 3 Reasons Why This Could Go Wrong

According to a top analyst, 2.2% of all Ethereum is currently margin long on Bitfinex. Here are a number of reasons why this could end poorly for ETH holders.

MXC Exchange to Compete with Binance: First Stop for Quality Cryptocurrency Projects

MXC Exchange to Compete with Binance: First Stop for Quality Cryptocurrency Projects

MXC Exchange is one of the emerging exchanges renowned for prompt spotting and listing of quality cryptocurrency projects.

The Great Race to Crypto Banking

The Great Race to Crypto Banking

Abstract: Crypto exchanges and their competitors are racing to adopt, -and ultimately democratize- financial services known from legacy finance.

As Bitcoin And Crypto Markets Lose Billions, One Coin Continues To Soar

As Bitcoin And Crypto Markets Lose Billions, One Coin Continues To Soar

Bitcoin and other major cryptocurrencies have lost some $5 billion over the last 48 hours as a long-running bitcoin sell-off again bears down on the market but there is one bright spot of ...

Two Crypto Exchanges Paid High Ethererum Fees to Ensure Quick Withdrawals

Two Crypto Exchanges Paid High Ethererum Fees to Ensure Quick Withdrawals

Data shows two major crypto exchanges covered surging Ethereum fees to ensure quick withdrawals for users

Can OTC Market Actually Have a Significant Impact on the Bitcoin Price?

Can OTC Market Actually Have a Significant Impact on the Bitcoin Price?

The over-the-counter (OTC) market has long been considered to be bigger in size and volume than the crypto exchange market, having a bigger impact on the Bitcoin price. Large institutional ...

British investors go all in on Bitcoin

British investors go all in on Bitcoin

British investors have developed a burgeoning appetite for Bitcoin, with 38 times more money in sterling now being exchanged for the cryptocurrency than this time last year, according to ...

Bitcoin Balance on Exchanges Falls to 23-Month Low - Decrypt

Bitcoin Balance on Exchanges Falls to 23-Month Low - Decrypt

Exchanges are seeing their Bitcoin balances fall while its use in DeFi spikes.

The Birth of BCH: The First Crazy Days of “Bitcoin Cash”

The Birth of BCH: The First Crazy Days of “Bitcoin Cash”

Bitcoin Cash shares a history with Bitcoin, but yesterday it forked off to form its own blockchain and currency. Here’s the story so far.

Bitcoin.com Wallet Now Makes It Even Easier to Buy Bitcoin Cash (BCH)

Bitcoin.com Wallet Now Makes It Even Easier to Buy Bitcoin Cash (BCH)

On Tuesday (April 16), Bitcoin.com announced that its official cryptocurrency wallet, which supports both BCH and BTC, has been updated such that it now allows its Europe-based users to ...

Coinbase shuts down index fund & adds ZRX | Bitfinex suspends deposits | Regulated stablecoins are hitting unregulated exchanges

Coinbase shuts down index fund & adds ZRX | Bitfinex suspends deposits | Regulated stablecoins are hitting unregulated exchanges

Bitcoin $6,305 ▼ Ethereum $198.36 ▼ Crypto Mkt Cap $202B ▼ BTC Dominance 54.10% Coinbase is shutting down its fund aimed at big investors as it pivots to a new retail product ...

60% of Bitcoin is Held Long Term as Digital Gold. What About the Rest?

60% of Bitcoin is Held Long Term as Digital Gold. What About the Rest?

That leaves just 3.5 million Bitcoin — or 19% of all mined Bitcoin — that moves frequently, primarily between exchanges, which we label as Bitcoin used for trading. While we estimate that ...

How to Invest in Bitcoin

How to Invest in Bitcoin

Buying bitcoin or other cryptocurrencies can be a fun way to explore an experimental new investment. But it’s also true that any investment in cryptocurrency should carry a warning label…