The price of bitcoin (BTC) reached a new all time high on 20 october 2021. BTC got to $65.000 and beyond on different big exchanges.

This happened in a week where the first bitcoin future ETFs in the United States got the green light.

The recent price history of bitcoin:


Apart from the recent increase of the bitcoin price, there are other interesting long term trends going on.

One of them is the Weekly Moving Average (WMA) in combination with the surging price. Especially the 200 week moving average looks good.

According to the popular Dutch analist PlanB the price…


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Bitcoin hits $55.000, reaches $1 trillion market cap

Bitcoin has hit $55,000 for the first time since mid-May. The largest cryptocurrency by market cap peaked at $55,530 on price index CoinGecko on Wednesday morning before falling back to its current price of just under $54,000.


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China-FUD leads to blocked Bitcoin-websites

Last week, Bitcoin faced FUD again: China published documents in which it stated their point regarding the cryptomarket. Although it seemed to be nothing new, some Chinese companies are changing their policies regarding Bitcoin.

Three most popular crypto market data sites have now become inaccessible for users based in mainland…


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Bitcoin.org website hacked

Bitcoin.org, the official website of the biggest cryptocurrency, is being compromised by hackers who are now running a giveaway scam.

Visitors to the website were greeted with a popup, asking them to send crypto to a Bitcoin wallet via a QR code and receive double the amount in return. By…


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Coinbase increases junk-bond offering to $2B

Leading United States-based cryptocurrency exchange Coinbase has seen enormous demand for its junk-bond offering, with the firm increasing the size of the sale by one-third from $1.5 billion to $2 billion.

According to The Economic Times, at least $7 billion worth of orders were placed in competition for equal quantities…


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Bitcoin legal tender in first country in the world

As of this week, Bitcoin is officially legal tender in the very first country in the world. Last Tuesday, September 7, the time had come: the law went into effect in El Salvador. As a result, the cryptocurrency became a “legal tender”.

The government has distributed $30 worth of bitcoin…


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El Salvador approves $150M Bitcoin Fund

In order to jumpstart the impending adoption of Bitcoin as legal tender in El Salvador, the nation’s Legislative Assembly has approved a $150 million fund to facilitate the development of crypto infrastructure including conversions from bitcoin to US dollars.

“The purpose of this law is to financially support the alternatives…


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PayPal users from U.K can start trading cryptocurrencies

PayPal users from the United Kingdom with accredited identities will start accessing cryptocurrency trading soon. However, cryptocurrency transactions for its business account are not supported yet.

Starting from this week, U.K residents will have initial access to buying, holding, and selling cryptocurrencies via PayPal. …


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‘Second-largest mortgage lender in US to accept Bitcoin’

United Wholesale Mortgage (UWM), previously known as United Shore Financial, the second-largest mortgage lender in the U.S. that facilitated nearly $183 billion worth of loans in 2020, announced that it plans to start accepting cryptocurrency payments by the end of 2021.

Per Detroit Free Pressreport, the upcoming move was…

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