Tag: G20

Bitcoin Price Watch: Currency Rises by Nearly $300

Cryptocurrency advocates woke up to the good news that bitcoin is trading for around $8,900. Bitcoin is expected to break $9,000 by next week as markets and regulators alike appear to be taking on a more bullish stance. Bitcoin spent nearly 24 hours hovering in limbo. Stuck at the $8,600 mark, traders were unclear about whether the short, sporadic price hikes Fundstrat’s Thomas Lee recently spoke of would occur in …
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Bitcoin Price Watch: We’re Almost at $9,000!

Bitcoin is allegedly entering a recovery phase, and is now trading for just under $9,000. Following two harsh weeks of negative sentiment from both Google and Twitter, bitcoin is once again showing an ability to surpass the latest resistance levels and spike through new territory. Many allege that a positive response to this year’s recent G20 summit has a lot to do with bitcoin’s recent “high.” While $9,000 doesn’t seem …
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G20 Confirms There Is No Need to Regulate Cryptocurrencies as of Right Now

A lot of people are concerned that the G20 will crack down on cryptocurrency and potentially even ban Bitcoin and altcoins. So far, it seems those concerns are unnecessary, as the group has no immediate plans to intervene in this industry. In fact, the group has rejected the call for regulation, which is an extremely bullish signal for the industry as a whole. G20 Rejects Crypto Regulation Whenever the topic of …
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Bitcoin Price Watch: Another Jump Despite Clashing Factors

Bitcoin has enjoyed a small jump following yesterday’s monthly low. At press time, the coin is trading for just over $8,300 following a rough stint that saw it meandering at the $7,600 mark during the early hours of March 18. For every factor contributing to bitcoin’s rise, there seems to be one knocking it back. Originally hovering at around $8,500 during the morning of March 19, bitcoin’s price fell to …
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