• markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin plummets, testing $30,000 support as 3-day losses pass 25%

    A mixture of relief and resignation among traders comes as Bitcoin draws a line under its parabolic advance

    Unlike previous weekends, this one was all about losses, not gains for Bitcoin. After hitting all-time highs of exactly $42,000 on Bitstamp, a reversal came but was initially slow to kick in. It was not until Sunday that the downwards pace began to accelerate, with BTC/USD dropping by almost $6,000 in 12 hours. A brief bounce failed to stem the retreat, and the pair continued falling into Monday, bottoming out at $30,700.

  • markets report bitcoin price 20000
    Bitcoin,  Markets Report

    Markets Report: Bitcoin hits $20,000 as sellers give way to new all-time highs

    A fresh charge sees multiple exchanges hit record Bitcoin price levels as bulls show no signs of giving up the fight in the BTC ‘liquidity crisis’

    That level marked not only daily gains of more than 6%, but also a new all-time high for Bitcoin on multiple major exchanges. At press time, the largest cryptocurrency was experimenting with never-before-seen levels amid intense volatility. Just hours before, it had traded at closer to $19,000 support.

  • PayPal stock record buy more BTC mined

    As customers buy more BTC than miners create, PayPal’s stock hits record high

    Barely a month after the payments giant allowed U.S. customers to start buy bitcoin from their accounts, demand is outstripping the supply of new bitcoins

    PayPal only began allowing U.S. customers to buy, sell, and hold bitcoin, ether, litecoin and bitcoin cash on Nov. 12. In 2021, it will expand that service to its whole 350 million strong international customer base, president and CEO Dan Schulman said. That will vastly expanding the number of potential mainstream retail investors.