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Bitcoin Rally Supported by More Busy Miners and Lower Fees


As bitcoin (BTC) rallied, with the trading volume rising as well, the transaction fees moved in the opposite direction as miners turned more of their machines on. Bitcoin has made quite a move upwards since the beginning of November, with analysts predicting further volatility, but also...

Pfizer’s Pandemic Vaccine News Fails to Dampen Interest in Bitcoin


The recent announcement by Pfizer of a potential Covid-19 vaccine sparked an immediate rally of global stocks worst hit by the pandemic response. The rally helped major indices including the New York Stock Exchange (NYSE) Composite Index and Europe’s Stoxx to go up by approximately...

Bitcoin, Altcoins & Gold Drop while Stocks Rally on COVID-19 Vaccine News


Bitcoin (BTC) and other major coins extended their decline today, while stocks rally on the major vaccine news. Meanwhile, gold is down too. It has been revealed that the COVID-19 vaccine that is being developed by American pharmaceutical corporation Pfizer Inc. and German biotechnology company...

Gold Price Expected to Rally Despite Concerns About Lockdown 2.0


Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve...

US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst


Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin...

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