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What Are The Chances Of “The Bitcoin Effect” Winning Traditional Banks Over?
The intrinsic value inherent in Bitcoin has been converting skeptics and making onlookers come onboard to participate in the network, hence the phenomenal growth of the network which has been noted to be faster than even the growth of the internet. дальше »
2021-7-25 20:43
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Can Bitcoin, Ethereum, Or Dogecoin Break The GameStop Puzzle? Crypto Users Chime In
The debacle of the GameStop situation has sparked arguments in favor of decentralized finance (DeFi) protocols recently. Proponents of DeFi protocols have said that the information asymmetry and censorship that resulted in investors losing their investments would have not occurred on DeFi platforms. дальше »
2021-7-25 17:20
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Bitcoin Support Indicators Poised to Flip Resistance, Validating $50,000 in the Near Term
At press time, the market is in a green zone. The slight green wave comes not long after the market witnessed a swift bloodbath some two days ago. Now, the market seems to be clearing up weekly losses, although it is uncertain how long this will go on. дальше »
2021-7-25 17:05
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After Steering The SPAC Boom, Mega-Rich Investors Are Now Turning To Bitcoin
After a FAD-filled year for Special Purpose Acquisition Companies (SPACs) driven mainly by high net worth individuals and private family offices, it now seems that the duo is shifting its focus on crypto at a remarkably high proportion. дальше »
2021-7-25 16:45
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BTC At $33K – Did “The B Word” Conference Save Bitcoin?
On July 21, Bitcoin was trading below the key defense line of $30,000. It was widely believed that this level should be preserved so that Bitcoin could prevent extended losses. Some analysts have warned that after the $30,000 support level, the next strong support sits at around $18,000. However, it would be fair to argue […] дальше »
2021-7-25 00:21
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With Tesla’s Holdings Underwater, Market Pundits See Elon Musk Championing Another Bitcoin Bull Run
The popular analysts are speculating that it is only a matter of time before Musk comes traipsing back to being bullish on Bitcoin with Tesla’s Bitcoin holdings “underwater. ” In February this year, Tesla disclosed a $1. дальше »
2021-7-25 23:34
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Protests Erupt In El Salvador Over The Government’s Bitcoin Law
After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it. дальше »
2021-7-25 20:18
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Is Amazon About To Accept Cryptocurrency Payments? New Job Listing Suggests It Might
Every now and then, a job post will trigger a cascade of rumors in the cryptoverse as observers want to know whether a tech giant like Apple or Facebook is preparing to adopt cryptocurrencies. This happened recently with Amazon, which published a new job listing that looks to hire a digital currency and blockchain product […] дальше »
2021-7-25 20:10
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Goldman Sachs Survey Shows Ultra-Wealthy Families Are Increasingly Looking To Make Bets On Bitcoin
According to a Goldman Sachs survey on their family offices clients, there is growing acceptance and interest in adopting Bitcoin. The prominent investment bank said its survey on 150 ultra-wealthy families, which it deals with globally, revealed that about 15% of them had already invested in cryptocurrencies while another 45% admitted having plans to do […] дальше »
2021-7-24 22:54
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Jack Dorsey Outlines How Twitter Could Integrate Bitcoin Into Its Features And Services
Jack Dorsey, who’s at the helm of both Twitter and Square, has been a consistent ally to the world’s oldest cryptocurrency. Now, the tech entrepreneur has discussed big plans to integrate bitcoin, an asset he believes will become the native currency of the internet, into various Twitter products and services. Bitcoin Is A “Big Part” […] дальше »
2021-7-23 17:40
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‘Wolf Of Wall Street’ Jordan Belfort: Elon Musk Is Filthy Rich To Pump And Dump Bitcoin
Jordan Ross Belfort, best known as the “Wolf of Wall Street” portrayed by Leonardo DiCaprio, doesn’t believe that Tesla/SpaceX CEO Elon Musk really manipulates crypto prices contrary to countless claims. дальше »
2021-7-23 16:36
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Bitcoin On-Chain Data Reveals Harsh Truth About Market’s Divided Direction After BTC Failed to Surge Past $30k
Bitcoin has failed to surge past $30,000 after teasing a possible jump to higher levels on the 18th of July when prices hit a daily high of $32,399. Market anxiety heightens as Bitcoin staggers downwards After closing at a low of $31,900 yesterday, it was clear that the bears rejected prices at $33,000, causing the […] дальше »
2021-7-23 16:12
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After ‘B Word’ Conference, American Rap Icon Busta Rhymes Now A Bitcoin HODLer — Will Explore Ethereum Next
Trevor George Smith Jr. , aka Busta Rhymes, is the latest prominent figure promoting Bitcoin through pro-crypto statements on social media. The rap icon revealed that the recently-concluded B Word conference inspired him to take the leap and invest in the world’s oldest cryptocurrency. дальше »
2021-7-23 08:58
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Raoul Pal Reckons Bitcoin Has Only A Few Years to Remain Number One
Though Bitcoin was initially conceived in 2009, Bitcoin first started trading in July 2010 for around $0. 0008 to $0. 08 per coin. Since then its growth has been phenomenal. It has also maintained its position as the largest cryptocurrency by market cap since it first began trading. дальше »
2021-7-23 00:00
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Elon Musk Reveals 3 Cryptocurrencies He’s Invested In, Adding That Market Turbulence Bumped Him Greatly
The much-anticipated discussion session on Bitcoin between Jack Dorsey, Elon Musk, and Cathie Wood, and moderated by Square lead of cryptocurrency, Steve Lee, was worth the hype as it had some big revelations. дальше »
2021-7-23 23:00
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US Megabank JPMorgan To Let All Retail Customers Invest In Bitcoin, Ethereum, And Bitcoin Cash Funds
Major American investment bank JPMorgan Chase & Co will give its wealth management clients access to a selection of cryptocurrency funds, becoming the largest and unlikeliest United States banking giant to open crypto trading to all clients. дальше »
2021-7-23 21:22
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The Many Things Elon Musk Got Wrong About Bitcoin Despite Being A Big BTC HODLer
Just months ago, one would be reasonable to believe Elon Musk had lost credibility in the cryptocurrency market for “spreading misinformation about Bitcoin” and possibly “manipulating the price of Bitcoin” for his own benefit. дальше »
2021-7-23 21:02
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Crypto CEO Unfolds How Bitcoin Is Likely To Go From $100,000 to a $300k Price Point
Several analysts have already predicted that institutional investors pouring money into Bitcoin may be the push the market needs to recover from the current slump. Notably, the last surge Bitcoin had before it plunged and lost over 50% of its value has been said to be largely owing to interest from institutional investors, by several […] дальше »
2021-7-23 16:11
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How Twitter’s Jack Dorsey Is Gradually Becoming A Formidable Force In The Bitcoin Space
CEO and Chairman of microblogging platform Twitter, and also remittance giant Square, Jack Dorsey, is rapidly becoming very important in the Bitcoin space. Going way back, he has had a soft spot for Bitcoin and has shown the same in the way he has committed resources, time, and energy in streamlining his companies to moving […] дальше »
2021-7-23 15:46
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Upward From Here? Analyst Strongly Insists Bitcoin Has Fully Bottomed Out
Over the past weeks, analysts have been dropping hot takes on Bitcoin, and a majority of them have been bullish. On the other hand, skeptics insist that Bitcoin has not fully bottomed out, insisting like JPMorgan that Bitcoin could still go as low as $20,000 before a bounce-back could make its way into the market. […] дальше »
2021-7-23 15:24
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Cathie Wood’s ARK Invest Doubles Down On Bitcoin, Buys A Further $13M Worth Of Grayscale Shares
Increased concerns of the Delta variant ravaged stock markets as well as crypto markets with bitcoin slipping below the $30K support level on Tuesday for the first time in a month. While everyone was scurrying for the exits, Cathie Wood’s ARK Invest was buying, per trading records. дальше »
2021-7-22 00:06
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Why Billion-Dollar Investment Firm Rothschild Investment Corp Is Accelerating Exposure To Bitcoin
According to new records, Rothschild Investment Corp is pushing hard with bitcoin involvement, having quadrupled its exposure to the digital asset since April. Bitcoin has failed to recover to highs seen earlier this year following a significantly bearish move from mid-May and was below $33,000 at the time of writing. A number of major companies, […] дальше »
2021-7-22 22:21
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TA: Bitcoin Bears Lose Strength, What Could Trigger A Decent Recovery
Bitcoin price extended its decline below the $30,000 support against the US Dollar. BTC is finding bids near $29,250 and it might attempt an upside correction. Bitcoin is following a bearish path and it broke the key $30,000 support zone. дальше »
2021-7-22 06:08
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‘Fundamentally, Bitcoin Should Go Much Lower’, Nouriel Roubini Screams After BTC’s Fall Under $30,000
It has been a rough 24 hours for bitcoin investors. After trading sideways for a couple of weeks, bitcoin finally broke below the $30,000 support region for the first time in a month on Tuesday. The downward move has inadvertently cost the flagship cryptocurrency majority of the gains it had accumulated during the 2021 bull […] дальше »
2021-7-21 21:57
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Calm Before The Storm: Why The Bitcoin Bull Market Is Definitely Not Over
Bitcoin proponents are not losing faith in the possibility of a comeback for the big bull, and a number of these proponents have reiterated this in reference to different bullish observations made over the week. дальше »
2021-7-20 19:48
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The Risk Level Of Bitcoin’s Dependency On MicroStrategy Is Out The Roof
Microstrategy first stormed the Bitcoin market in August of 2020, when it made a purchase of 21,454 BTC at a total aggregate purchase price of $250 million. The market was thrilled to have the software intelligence company make a move on Bitcoin, and the excited chants increased when MicroStrategy followed up that purchase with a […] дальше »
2021-7-20 19:36
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Amid Extremely Divided Bitcoin Market, HODLers Show Remarkable Resilience
The Bitcoin market is currently indecisive on a bullish or bearish path, and this may exacerbate crypto volatility, says Glassnode analysts in their Monday analysis of the BTC on-chain activity. Even as the market continues to ponder the Grayscale GBTC unlock, the Purpose ETF product and over-the-counter inflows went down last week, which suggests low […] дальше »
2021-7-20 16:38
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TA: Bitcoin Grinds Lower, Why BTC Bears Aim Larger Decline
Bitcoin price extended its decline below the $31,200 support against the US Dollar. BTC remains at a risk of a larger decline below the $30,000 support zone. Bitcoin remains in a bearish zone and it even broke the $31,000 support zone. дальше »
2021-7-20 06:08
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Bitcoin Network Posts Its Fourth Consecutive Downward Adjustment Of Mining Difficulty
It hasn’t been this easy to mine bitcoin and earn rewards since January 2020. Bitcoin’s mining difficulty, a measure that determines how hard it is to mine the flagship cryptocurrency, saw another drop over the weekend. дальше »
2021-7-20 23:27
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Jack Dorsey And Michael Saylor Struggle to Convince Boxing Legend Mike Tyson To Choose Bitcoin Over Ethereum
Billionaire Jack Dorsey and Michael Saylor have been top Bitcoin proponents for a while now, and part of their regular Twitter discourse includes evangelists educating their counterparts and other big names about Bitcoin. дальше »
2021-7-20 22:03
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Bitcoin Has Been One Of The Worse Performing Assets This Year – Goldman Sachs
According to a Bloomberg report on Monday, Bitcoin is one of the worst-performing assets if Goldman Sachs’ list of risk-adjusted returns by asset class is to be considered despite being up 16% this year. дальше »
2021-7-20 21:41
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Bitcoin Price: Support For $30,000 May Soon Fail, Guggenheim’s Scott Minerd Asserts
Speculation continues to mount on the ultimate direction of Bitcoin with a decent number of people believing that the asset’s current price is ripe to resume another bullish trend. However, on Friday, July 16, Scott Minerd, the Global Chief Investment Officer of global investment advisory firm Guggenheim Partners came under heavy criticism from Bitcoin maximalists […] дальше »
2021-7-20 20:10
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Aave Founder To Build “Twitter on Ethereum” Following Jack Dorsey’s Plan to Bring DeFi to Bitcoin
On July 16, CEO of Square, Jack Dorsey revealed his plans to build a new initiative for offering financial services on Bitcoin. Here is how he described this new business: “Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making […] дальше »
2021-7-20 19:45
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TA: Bitcoin Remains At Risk, Why BTC Could Nosedive Below $30K
Bitcoin price is trading in a bearish zone below $33,000 against the US Dollar. BTC could extend its decline and it could even dive below $30,000. Bitcoin remains in a bearish zone, but it is holding the $31,000 support zone. дальше »
2021-7-19 06:08
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Why BTC Dropping Below $30,000 Right Now Is More Bullish Than Bitcoin At $60,000
Usually, a drop in the price of an asset is interpreted as a loss for the asset and its investors. However, with the application of fundamental analysis, there could be some anomalies, and this might in fact be the case with the largest cryptocurrency Bitcoin. дальше »
2021-7-19 22:02
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Billionaire VC Tim Draper Sticks To Lofty $250K Bitcoin Price Target For 2022 Despite Market Downturn
Draper Fisher Jurvetson founder Tim Draper is unfazed by the latest brutal crypto market sell-off and insists that the cryptocurrency will still reach the $250,000 mark in 2022 or early 2023. Draper Still Expects BTC To Hit $250K In 2022 In early 2018, Draper grabbed headlines after boldly projecting that the price of bitcoin would […] дальше »
2021-7-18 16:47
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Bank Of America To Roll Out Bitcoin Futures Trading To Wall Street Investors
For many years, the idea that a traditional financial institution could venture into the bitcoin space was considered laughable. Recently, however, we have witnessed immense interest in crypto from banks. дальше »
2021-7-18 00:09
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U.S Inflation At Highest Level Since 2008, And Bitcoin Just Became More Attractive
Traditional billionaires may be storming the Bitcoin market anytime soon. As was recently observed, inflation in the United States has hit a 13 year high. Apparently, the surge in the price of cars has influenced this outcome. дальше »
2021-7-18 20:20
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Bitcoin: A Massive Bullish Supply Shortage is Coming, Market Pundit Predicts
Long-term holders are fast picking up BTCs dumped by exiting whales. Popular on-chain analyst, Willy Woo, believes Bitcoin is strapped up and headed for a supply drought if the current market behavior prevails. дальше »
2021-7-17 00:26
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Traders Bet Bitcoin Price Won’t Explode Anytime Soon — Expect A Boring Summer
For the last 20 days, Bitcoin price has been see-sawing amongst key resistance and support levels, $36k and $31k, respectively. Considering this, it would be fair to expect the Bitcoin trading volume to diminish. дальше »
2021-7-17 18:23
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Galaxy Digital CEO: Asia Sells Off Bitcoin And The US Buys It Back
China has been the hotbed of cryptocurrencies for as long as one can recall. Reports dating to early 2021 ascertain that China hosted around 75% of the world’s Bitcoin hashrate, displaying the world’s crypto hub by default. дальше »
2021-7-17 18:17
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CEO Of World’s Largest Money Manager Sees ‘Very Little’ Demand For Bitcoin From Long-Term Investors
BlackRock CEO Larry Fink said on Wednesday that long-term institutional investors are demonstrating a weak appetite for cryptocurrencies. Institutional Demand For Crypto Is Lackluster: Larry Fink Fink, the billionaire boss of the world’s largest asset manager holding close to $10 trillion in assets under management, says he is not witnessing much demand for crypto. Speaking […] дальше »
2021-7-16 15:33
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Three Events Bound to Shake the Crypto Market and Usher in Mammoth Whales Come August
The crypto market has lost a lot of value since the bear market rose in May. Having reached a combined market cap of over $2 trillion in April, the market valuation is now currently hovering around $1. дальше »
2021-7-16 14:48
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TA: Bitcoin Turns Vulnerable, Why BTC Could Soon Test $30K
Bitcoin price extended its decline below $31,500 before recovering higher against the US Dollar. BTC is likely to face resistance near $32,200 and it might continue to move down. Bitcoin remains in a bearish zone and it recently traded towards the $31,000 level. дальше »
2021-7-17 06:08
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Bitcoin Already Has Competitors In Outer Space And They Are More Valuable Than Gold
Following the successful space flight of the founder of Virgin Galactic, Richard Branson, debates have come up about the use of rare earth metals as a store of value and the use of Bitcoin. Long time Bitcoin minimalist, Tyler Winklevoss’ take on the subject is that apart from Bitcoin, no other form of money has […] дальше »
2021-7-16 22:44
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Change Of Heart? Ex-Trump Treasury Secretary Mnuchin Now Says Investing In Bitcoin Is “Perfectly Fine”
Although bitcoin will never become a part of former Treasury Secretary Steven Mnuchin’s portfolio, he is not against other people loading up on the cryptocurrency. The comments fly in the face of Mnuchin’s years-long hostility towards the world’s most valuable cryptocurrency. дальше »
2021-7-15 18:29
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Cardano Is Outstripping Bitcoin In More Ways Than One
Recently, a decent part of the cryptocurrency market has been opining that Ethereum (ETH) has enough potential to knock off Bitcoin. Since the announcement of the Ethereum 2.0 upgrade and the development of the project so far, many are convinced that Ethereum is the next big thing in the Crypto sphere; bigger than Bitcoin precisely. […] дальше »
2021-7-15 18:19
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Incoming Bitcoin Volatility Squeeze Likely To Ignite Bullish Tornado
A volatility squeeze usually takes place when the volatility of an asset drops below its recent levels, causing the asset to enter a period of consolidation. Bitcoin is about to get greener As of today, analyst William Clemente confirms that Bitcoin is entering its first major volatility squeeze, following the last one in April that […] дальше »
2021-7-15 18:00
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Bitcoin Daily Close Pivotal To Save Dangerous RSI Breakdown
Bitcoin price is at an inflection point, with nearly every technical indicator mixed due to the weeks of sideways price action. By most standards, technicals slightly lean bearish, but crypto investors are hopeful the secular bull market remains intact. дальше »
2021-7-15 15:33
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Bitcoin Energy Concerns Unlikely to Crash Its Long-Term Path, Cathie Wood Says
Cathie Wood, the founder, and CEO of Ark Invest has tossed her viewpoint over Bitcoin’s mining energy consumption, citing it as a minor setback to the asset’s path in the future. She further stated that although the energy problem is a major concern, it is temporary. дальше »
2021-7-15 15:32
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