Bitcoin price: Price can reach $100k In ‘Hypothetical’ Store of Value Boost, says Goldman Sachs
It is no longer news that several crypto experts and enthusiasts believe Bitcoin will hit its all-time high of $100,000. Bitcoin can snare market share from gold over time as a “byproduct” of increased usage, as well as the prospect of “Bitcoin-specific scaling solutions,” according to Goldman Sachs’ co-head of foreign currency strategy Zach Pandl. […]
According to a cryptoanalyst, Bitcoin may be poised for new gains
Since December 23, this is the fourth day in a row that bitcoin has traded above $50,000, as $50K has become somewhat of a psychological support level. BTC may be primed for new increases BTC may be primed for new increases, according to cryptoanalyst Lark Davis , after breaking out of its recent downturn. After […]
Elektra becomes the first retail store in Mexico to accept Bitcoin
Mexican Billionaire and owner of retail giant Elektra, Ricardo Salinas Pliego announced on Twitter that Elektra will be the first retail store in Mexico to accept Bitcoin as a payment option. Ricardo Salinas Pliego, the owner of the Mexican retail giant Elektra, revealed earlier today that Bitcoin will soon be accepted as a payment mechanism. […]
Highlights from the crypto market on December 7th, 2021
On December 7th, 2021, Bitcoin broke through the $49,500 resistance mark, while ETH had reached a total of $4,350. SOL is currently trading above $190, while many altcoins have gained more than 8% in the last 24 hours December 7th, 2021: Bitcoin Price It took a while for the bitcoin price to break through the […]
Bitcoin drops below $47K, wiping all October gains
As volatility strikes, the price of Bitcoin has dropped to two-month lows. But, with the price of Bitcoin hovering around $42,000, could the bottom be in? Bitcoin (BTC) has dropped below $47,000 in the last 24 hours, dropping roughly 20% of its value. This is the greatest one-day decrease since May 15, when the price […]