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Institutions Double Down on Bitcoin after El Salvador Made BTC Legal Tender

Institutional investors are ramping up their Bitcoin purchase, data from GlassNode—a crypto analytics platform, shows. Institutions Flock to Bitcoin Data, on June 11, reveals that there has been a sharp uptick in total transfer volumes of BTC from Over-the-counter (OTC) desks starting mid-week when El Salvador made Bitcoin legal tender. The surge in trading volumesRead More дальше »

2021-6-11 20:00


Fed Balance Sheet Hits $8 Trillion for the First Time, US Inflation Sees Biggest Surge in 13 Years

The balance sheet of the Federal Reserve has topped $8 trillion for the first time, according to the weekly data published by the US central bank on its holdings. At $8 trillion, the Fed’s assets have about doubled since it started large-scale purchases in March 2020 to combat the effect of the coronavirus pandemic. дальше »

2021-6-11 16:05


Bloomberg Commodity Strategist Mike McGlone Believes Bitcoin Will Surge To $40k

After exploring the likelihood of capitulation in a recent tweet, Bloomberg Intelligence senior commodity strategist Mike McGlone feels bitcoin is “more likely” headed for $40K rather than $20K. El Savador Bitcoin Adoption Will Propel Bitcoin Following El Salvador’s announcement that bitcoin (BTC) is now legal cash in the country, bitcoin markets have increased on Wednesday. […] дальше »

2021-6-10 02:55


China’s Online Marketplace Records Surge In Mining Machines Listing Following Ban

Chinese online second-hand market sees a surge in second-hand mining machines from Inner Mongolia and Sichuan. Marketplace Sees Surge In Bitcoin Mining Machines China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machines listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific […] дальше »

2021-5-29 14:27


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Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot

Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […] дальше »

2021-5-24 10:30


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Bitcoin Price Dips Just Above $42,000 As Exchange Inflows Continues To Surge

Bitcoin price fell to a 3-month low earlier today retracing to $42,000 level which many believe was caused by Elon Musk’s recent Twitter meltdown, however, the price soon bounced off to rise above $45,000 as the total correction since last month high reached over 30 percent , the biggest correction this bull season. While many […] дальше »

2021-5-17 15:53