Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
The number of bitcoin whales rose to a new record high on Wednesday.
"I would expect to see bitcoin charge past $30,000 as we enter the new year,” said one market observer.
Another day, another all-time high in bitcoin as the cryptocurrency changed hands as high as $28,871.78.
Binance Pool represents 11% of Bitcoin’s mining hashrate. Adding it to the “yes” column pushes mining pool support for Taproot to about 91%.
Institutional investors are perceived to be driving this record-setting run.
Bitcoin fell to the $26,000 level after it hit above $28,000 on Sunday, yet markets remain bullish on both retail and institutional interest.
“Bitcoin is digital gold,” SkyBridge said in its pitch to investors. “It is better at being gold than gold.”
Okung’s $13 million salary is being split 50-50 between bitcoin and fiat by way of Zap’s Strike product.
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.
Bitcoin takes a break after record price-setting Sunday while some traders are plowing BTC into ETH.
Big bitcoin balance holders, or "whales," are moving less crypto onto exchanges, signaling some reduction of sell-side pressure, according to CryptoQuant.
How a VC working in China finally convinced her Dad to buy into Bitcoin. The winning argument: Protection against government seizure.
Looking back on the year in bitcoin and crypto, with rhymes.
The price of the leading cryptocurrency has risen about 14% in the last 48 hours.