Bitcoin once again hit a new yearly high, for the second consecutive day. This morning Bitcoin reached a price of $9869 on BitMEX, the largest and most liquid crypto trading exchange.
Bitcoin, has been having a stellar year so far
It’s been another wonderfully good day for Bitcoin, and every other coin in the top ten by market cap, except Bitcoin SV which is in the red. Bitcoin smashed through yesterday’s resistance of $9779, and reached a new yearly high of $9869.
Ethereum has also made solid gains today, up 5% at $212. Yesterday’s breakout set a new high for ETH, after crossing a resistance that had held price down for 5 months. Several prominent traders have called Ethereum a steal even at $200, due to a lot of good news coming out about Ethereum 2.0.
Ripple’s XRP token has held its price and increased to $0.28, on the strength of CEO Brad Garlinghouse’s fiery response to Mike Novogratz, who said that he expects Ripple’s performance to be lackluster for 2020. Garlinghouse fired back with a tweet calling Novogratz out and pointed out that XRP has had a better 2020, than most critics would like to admit.
Binance’s BNB token has been one of the better performers in the last 24 hours, up 6.77% and sitting at $20.60. BNB has been one of the best performing exchange tokens, which grants traders fee discounts on Binance, Binance Futures, and Binance DEX.
Tron is the biggest surprise of the day, pumps on Sun’s dinner with Buffet
Justin Sun, the Founder of Tron, finally had his much publicized meal with Warren Buffet, the Oracle of Omaha, investing legend and prominent anti-Bitcoiner. Many speculated that Sun’s 4.5 million dollar donation to dine with Buffet was never actually going to happen and was just another marketing ploy.
Justin Sun is a master of social media marketing, but some of his publicity stunts have gone awry, like when he promised to give away a Tesla and got into a controversy over who the winner of his contest actually was.
Most recently, Sun faced some backlash on social media from trying to promote his Tron blockchain with a shameless video in which he sent aid to victims of the Wuhan Corona Virus. Many critics felt that his efforts to capitalize on the outbreak and human suffering of the victims was done in extremely poor taste. No matter what your opinion of Sun may be, Tron pumped on the announcement of his dinner with Buffet, and is currently still up 11.39% and sits at $0.022488.
Besides Tron, other altcoins have been showing strength, as well, leading many traders to call a new Altseason. Bitcoin dominance has also declined, giving credence to the theory that traders are diversifying into smaller cap alts, with higher volatility in order to maximize gains.
What do you think about a new altseason? Let us know in the comments!
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Bitcoin (BTC) climbed back to $88,900 on March 5 after dipping to a daily low of $81,500 earlier in the day, recovering most of the losses recorded over the past 24 hours. Based on CryptoSlate data, Bitcoin was trading at $87,524 as of press time , up 2% for the day after falling almost 10% […]
The post Bitcoin reclaims $88k to reverse the day’s losses amid market turbulence appeared first on CryptoSlate.
Bitcoin (BTC) reclaimed the $102,000 price level on Jan. 6 after climbing 4% over the day amid a wider market rally as accumulation continues to outpace profit-taking, based on CryptoSlate data. The flagship crypto was trading at $101,630 as of press time after failing to sustain upward momentum as US markets closed for the day.
Bitcoin Pizza Day offers a time to reflect on the infamous trade of 10,000 bitcoin for 2 Papa John's pizzas. From "Fiat Ruins Everything" by Jimmy Song.
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Сегодня криптаны всего мира отмечают Bitcoin pizza day — день, в который американец Ласло Хейниц (Laszlo Hanyecz) приобрел две пиццы Papa John’s за 10 000 биткоинов. Это случилось ровно 13 лет назад, в 2010 году.
Tuesday has proven to be a good day for bitcoin and the crypto market in its entirety as gains have been the order of the day. Bitcoin has finally been able to clear the $20,000 territory even when indicators pointed towards the more sluggish movement for the digital asset.
Сегодня криптаны всего мира отмечают Bitcoin pizza day — день, в который американец Ласло Хейниц (Laszlo Hanyecz) приобрел две пиццы Papa John’s за 10 000 биткоинов. Это случилось ровно 12 лет назад, в 2010 году.
Welcome to the Bitcoin 2022 conference’s best day recap. Audiovisually, the Bitcoin Magazine staff stepped up its game. The livestream transmission was much more professional and tv-like than the Industry Day one.
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Bitcoin update Bitcoin (BTC) had a tough day yesterday. It slipped back to $55,900 after opening the day at $58,000. It’s recovered slightly today and is currently trading for $56,888. At the moment, it appears to be moving closer to reentering the range highs (green box).
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Cryptocurrency is an exciting market for investors, and most people are familiar with this aspect. Bitcoin is the first cryptocurrency, and it is getting huge popularity day by day. You can make use oThe post Bitcoin System provides a Guide for trading in Bitcoin appeared first on AMBCrypto.
It’s been quite the day for the Bitcoin and crypto-asset market, with the price of BTC breaking above $12,000 after a strong rejection around two weeks ago. Ethereum also saw an extremely strong day, rallying as high as $490 as buying pressure spiked.
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The past week has seen Bitcoin and Ethereum explode higher while a majority of altcoins have plunged. On Monday alone, on the day BTC surged by approximately 10% in 24 hours, Bitcoin dominance jumped by 2%.
If you’ve been involved in Bitcoin or crypto over the past year, you likely have heard of “PlanB. ” He is a pseudonymous quantitative Bitcoin analyst that works as an institutional investor in Europe by day.
On May 28, Bitcoin hit the $9.5K benchmark, being up by nearly 5% from the previous day. This comes right after an expression made by Goldman Sachs during its client call, where the topic was practically centered on cryptocurrencies, most specifically Bitcoin stayed in the focus of the discussion. At the end of the day, […]
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Bitcoin has been surging since Sunday, closing its 3rd consecutive over 3% return day on Tuesday. This has been the 2nd time that returns increased each day over a 3-day period. Yesterday, we climbed as high as $9,429 and are currently trading at $9,330 while $1.
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