Auto Added by WPeMatico

Bitcoin Trading Volume Explodes Against British Pound as Currency Weakens

As the British pound rapidly weakens against the U.S. dollar, trading volume for the BTC/GBP pair has been skyrocketing.  Data from Bitfinex and Bitstamp shows that volume was more than…

Continue ReadingBitcoin Trading Volume Explodes Against British Pound as Currency Weakens

Bitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

Bitcoin’s push above the coveted psychological $20,000-level came after nearly 10% gains over the past 24 hours. This was followed by a mass profit-taking session as traders anticipating the threshold…

Continue ReadingBitcoin Heading Towards Full Detox of Speculative Interest: Glassnode

Michael Saylor Sees Bitcoin Trading at $69,000 in the Next Four Years

Michael Saylor – Co-Founder and Chairman of the business intelligence software MicroStrategy – predicted that bitcoin’s price will reach its all-time high levels from November 2021 (approximately $69,000) “sometime in…

Continue ReadingMichael Saylor Sees Bitcoin Trading at $69,000 in the Next Four Years

Bitcoin Stable at $19K Despite BOE’s 50 Basis Point Interest Rate Hike

Attempting to fight the raging inflation, the Bank of England raised the interest rates by 50 basis points today. BTC’s price remained stable, without any significant volatility, unlike what happened…

Continue ReadingBitcoin Stable at $19K Despite BOE’s 50 Basis Point Interest Rate Hike