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Analysis The price of Bitcoin (BTC) achieved a new all-time high on Feb. 11 as it surpassed $48,500 across major exchanges. Since then, the dominant cryptocurrency has been consolidating, showing no real momentum to break out of the record-high in the near future. But analysts are not fazed by the consolidation after breaking past a new peak. Generally, market commentators say that when an asset moves slowly or consolidates after an explosive move upward, it is a sign of a healthy market. For Bitcoin, stabilizing following a strong impulse rally to a record-high is critical at this current ...

Roundtable Yesterday saw CoinJournal publish its first ever cryptocurrency expert roundtable, which speculated on the future of Bitcoin in 2021 and beyond. LONDON, UNITED KINGDOM, January 5, 2021 /EINPresswire.com/ -- Speaking with a panel of professionals from the world of cryptocurrencies and blockchain technology, the roundtable discusses the impact of the US election and what a Joe Biden presidency could mean for Bitcoin. The experts cover a range of topics, such as the outgoing president’s time in office before detailing the panel’s views on what part Joe Biden’s victory played in ...

Bitcoin and blockchain industry exec Matt Hougan from BitWise Is "very bullish" for 2021, while others are concerned about regulations..

Bitcoin May Face Regulatory Scrutiny After Record-Breaking Rally, Experts Say Bitcoin almost quadrupled in 2020, surpassing $20,000 (roughly Rs. 14.7 lakhs) for the first time as it notched record after record. By Vildana Hajric, Bloomberg | Updated: 28 December 2020 11:03 IST With Bitcoin capturing greater attention, it could also garner further scrutiny from regulators Highlights Warnings of rampant money-printing by global central banks sparked fears Predicting where bitcoin will go is a fraught exercise It's been a tough year by all accounts. But for Bitco...

Bitcoin's stellar rise has attracted interest from both asset managers and regulators