WMA: Bitcoin finally breaks above $20,000 to set new ATH

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $662 billion. Bitcoin increased by more than 20% to reach as high as $24,000 this week. Ethereum gained more than 10% to trade over $640 again. XRP increased by nearly 10% throughout the week. Warp Finance lost $7.7 million in a hack attack. Crypto Trends 14th - 20th of December 2020: PERFORMANCE & ANALYSIS…

Bitcoin Hits Major Milestone As Crypto Market Cap Surpasses $650 billion

Bitcoin (BTC) price continues to prove bullish, with the coin breaking records in recent days. This bullish trend has affected the crypto market cap, with several altcoins making huge gains over the weekend. Bitcoin Sets New All-Time High Bitcoin (BTC) recorded a new milestone on Saturday, 19th of December, setting a new all-time high. The leading coin began the day trading around the $22,700 mark before embarking on a massive bullish run. This run was buoyed by fundamental news as…

Passing On Cryptocurrency to Your Successor Before Death

As more and more people adopt cryptocurrencies for everyday use, their usage as a store of wealth and investments increases. An experience of more than 14 years and a total market cap of $813B as of January 2023 highlights their increasing preference. However, cryptocurrencies offer some complications when passing on to the next of kin in the event of death. Their digital nature, high level of privacy, and lack of a third party create this challenge. Therefore, a person must…

Bitcoin (BTC) At $23,000: Here’s What Critics Are Saying

It's a joyous moment for Bitcoin bulls as the cryptocurrency finally smashed its 2017 All-time high price of $20,000. At the time of writing, the leading crypto asset is currently trading above $23,000 after hitting a new ATH record of $23,800 across multiple exchanges.  Since the COVID-19 pandemic-induced crisis that sent bitcoin crashing below $4,000 in March, the cryptocurrency has recorded over 500% gain. Following the massive sell-off, millennials and large corporations have been flocking the assets because they believe…

Bitcoin (BTC) Surges Past $23000 as ETH Hits Yearly High

Bitcoin (BTC) continues to set records since breaking past the $20k resistance mark yesterday. The leading coin surged past the $23k mark in the last few hours before experiencing a slight retracement. Bitcoin Sets New All-Time High After surpassing the $20k mark, Bitcoin continued its upward movement with the bulls pushing the coin quickly above $21,000. After a brief retracement to $20,800, BTC continued its march, breezing past the $22k mark before dawn. The bullish trend continued in today's early…

Bitcoin (BTC) Hits Record Above $20,000 – What’s Next?

Bitcoin has surpassed the $20k mark in what is a major landmark event for the leading currency. In surpassing the $20k mark, Bitcoin set a new all-time high surpassing the one recorded on November 30. Major Milestone For Bitcoin This is a major milestone for the leading coin after three turbulent years on the markets. Bitcoin's current bullish run has been nothing short of remarkable considering the economic climes. Bitcoin has been able to navigate past the Covid-19 pandemic that…

Pornhub Now Only Accepts Cryptocurrency Payments

Pornhub Premium users will have to make payments in cryptocurrency, following a withdrawal from Visa and MasterCard. Could this open up cryptocurrencies to a wider audience? Pornhub Opens Up To Cryptocurrencies Amid Controversy A few days ago, news broke that payment processing giants MasterCard and Visa were suspending their payment options on Pornhub.  The decision followed a controversy that agitated the world of pornography. An article from the New York Times had revealed that Pornhub allowed the hosting of videos,…

MassMutual’s BTC Purchase Shows Increasing Institutional Demand

Last week, American insurance giant Massachusetts Mutual entered into the cryptocurrency world with a $100 million investment in Bitcoin, making it the latest large mainstream corporation to join the bandwagon.  Without particularly clarifying why it saw Bitcoin as a reasonable financial investment, MassMutual told the Wall Street Journal it looked for measured yet significant exposure to an increasingly digital world. More Bitcoin Demand to Follow American multinational investment bank JPMorgan Chase & Co. believes that the leading cryptocurrency has taken…

Crypto Market Gains $20 Billion in 24h as BTC Soars Above $19k

The crypto market is bullish today as the leading currency Bitcoin has returned above $19k again after a slightly bearish period. As expected, the crypto market has followed suit gaining $20 billion in marketcap in the past 24 hours. Bitcoins Surges Above $19,000 Bitcoin has been volatile in the past week, experiencing different price swings as uncertainty plagued the market. Just 48 hours ago, the primary coin dipped from around $19k to as low as $17,500. The dip in price…

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