Bitcoin Skyrockets To $47,000 Causing Massive Liquidations
The price of Bitcoin (BTC) has risen for nearly two weeks now, starting on March 14th. Earlier today, the coin skyrocketed up to $47,112, which is a level that it did not see since the first five days of January. However, Bitcoin traders were quick...
Florida Governor Looking To Enable Businesses To Pay Taxes In Bitcoin
Bitcoin Tax Payment in FloridaDeSantis made the statement while speaking at a press conference after signing a bill that enables financial literacy in high schools across the state, according to Bloomberg. The Florida governor also said that he was working with state agencies to figure...
Mexican Billionaire Learning About Bitcoin In El Salvador
Mexico’s billionaire and the third-richest man in the country, Ricardo Salinas Pliego, recently decided to visit El Salvador, following the country’s decision to recognize Bitcoin (BTC) as legal tender. Pliego, himself a major Bitcoin supporter, was interested in seeing how the crypto situation had progressed...
Miami Bitcoiners Meetup Hosts Neil Jacobs & José Lemus, CEO Of IBEX
This year, they all converged into one spectacular day! The Miami Bitcoiners Meetup was Thursday, March 17th, at Heartland. Located on the edge of Little Haiti, Heartland boasts a Miami-tropical casual energy. It has a beautiful open-air space with gigantic Bayan and Oak trees adorned...
Investors Skeptical Of El Salvador Bitcoin Bonds
The project’s success will depend on investor excitement, but so far, institutions have remained largely skeptical. The country’s president hopes to raise $1 billion to buy more BTC and fund his Bitcoin City. Following El Salvador’s decision to adopt Bitcoin (BTC) as legal tender in...
Swiss Bank Credit Suisse Predicts A Major Change In The Global Monetary System
The world of money is about to change, predicted Credit Suisse in its announcement concerning the New Monetary World Order. The Swiss bank believes that the current global tensions and COVID-19 pandemic have put too much of a strain on traditional finance. It now believes...
Apple’s Steve Wozniak Praises Bitcoin As “Pure Gold”
Steve Wozniak, the co-founder of Apple, recently spoke about the cryptocurrency industry. Despite the overall success of the broader cryptocurrency sector, Wozniak does not seem impressed. In fact, he criticized the crypto market for launching new coins nearly every day. However, when it comes to...
Coinbase Super Bowl Ad Attracts Historic Numbers
The ad resulted in over 20 million hits in less than a minute, which caused Coinbase’s website to crash. Coinbase, the largest cryptocurrency exchange in the UK, recently used an opportunity to advertise free Bitcoin during Super Bowl LVI. The exchange attracted 20 million users...
Ethical Hackers Help Recover Lost Bitcoin
Hackers Crack Wallet to Find $175,000 Worth of BitcoinRhonda Kampert, a US citizen in Illinois, was an early investor in cryptocurrency. Back in 2013, Kampert bought six BTC at the rate of $80 each after hearing about Bitcoin and cryptocurrency during a radio talk show....
Everbowl Moves Its Business To A Bitcoin Standard
California superfood chain Everbowl recently published an announcement stating that it intends to move its business operations to a Bitcoin standard. The company will convert its cash reserves into BTC and start running its business off the back of crypto. Leading the ChargeAs part of...
Lightning Network Hits Milestone: Over 3400 BTC Locked
The Bitcoin Lightning Network recently hit a major milestone after reaching a new all-time high. The layer 2 payment system for Bitcoin now has more than 3400 Bitcoin locked. Lightning Network Hits ATHThe adoption of Lightning Network has grown significantly over the past year. Lightning...
MicroStrategy Buys Another 660 Bitcoin
Microstrategy recently announced another major Bitcoin purchase as the crypto markets dipped. The company filed an official form with the US Securities and Exchange Commission (SEC), revealing that it purchased 660 BTC between December 30th, 2021, and January 31st, 2022. During this period, Bitcoin's price...
Bitcoin Trading Strategies
Moving AveragesAs I mentioned in previous articles, the best trading systems usually contain the fewest number of rules. Based on my four decades of trading and investing, I have discovered that complicated systems with complex mathematical formulas rarely produce long-term profitable results. Instead, the most...
Bitcoin Price Dip Shaves Off $7 Billion From Balance Sheets
Bitcoin Price Crash Affects Big Money HoldersBack in November 2021, the price of Bitcoin surged to an all-time high (ATH) of about $69,000. However, BTC (the biggest cryptocurrency by market capitalization) plunged later in January 2021 to around $33,000, the lowest level on record since...
As The Crypto Market Implodes, El Salvador Buys The Dip
El Salvador is no stranger to buying the dip when Bitcoin (BTC) drops. And they just did it again. Bitcoin was down approximately 12% late Friday night, January 21, 2022, bringing its value to about $36,500. This dip in value made it possible for El...
Bitcoin Is Bad For The Environment…or Is It?
This is the current narrative around cryptocurrency as a whole. Most people don’t understand how it works, and so they choose to write it off. It’s a scam! A total pyramid scheme. I saw that one a lot recently on Twitter. In reality, it is...
Burned By Bitcoin? Reset Your Expectations Here
Which reminds me… I had the same small toaster oven for years and years. When I got married, that trusty bread-warmer helped me welcome my cooking-challenged wife into the kitchen. She used it like a pro. But the death throes of that handy machine were...
Rio De Janeiro Plans To Allocate A Portion Of The City’s Reserves To Bitcoin
Rio Looking to Invest 1% in BitcoinAccording to a recent report by a local newspaper O Globo, Paes made his intentions known while speaking at a lecture at the Rio Innovation Week which started on January 13 and ended on January 16, 2022. The Mayor...
SEBA CEO Predicts Bitcoin Price To Reach $75,000 In 2022
Institutions Could Drive Bitcoin Price to $75,000 Speaking to CNBC during a cryptocurrency conference held in St. Moritz, Switzerland, on Wednesday (January 12, 2022), the SEBA CEO predicted that the price of bitcoin could reach $75,000 before the end of the year. A statement from...
El Salvador Would Have Made More Switching Reserves To Bitcoin Instead Of Gold — Big News!
This brings us to El Salvador’s “regrets’ over not switching to Bitcoin much earlier. In a Twitter exchange with Peter Schiff, Chairman of SchiffGold.com, El Salvador's president, Nayib Bukele, provided some data about his country's gold reserves. When the price of Bitcoin plummeted from 52K...
5 Crypto Predictions That The Experts Got Wrong
While many investors have made insane profits this year, many others have lost a lot. The market has often played according to analysis and predictions, but sometimes, it has proven analysts wrong and rubbished certain predictions about price action. Some analysts and experts this year...
Crypto Market Moves To Extreme Fear As End Of Year Uncertainty Looms
Despite the massive and unprecedented gains, the general crypto market has also gone through three major price corrections this year and individual coins have experienced varying degrees of price crashes. But it is the end of the year that is causing so much concern among...
BTC Vs ETH — Can Both Live Harmoniously After Crypto Goes Mainstream?
The above comparison is solidly based on the fact that while Bitcoin and Ethereum are similar in some ways, they also have unique features and contributions they make in the crypto space. In other words, there are some activities that Bitcoin can be used for...
X1000 Coins Are Becoming Rarer – Crypto’s Riskiest And Most Rewarding Investments
“Missed the last moon? With our token, there's always another moon coming” – or something to that tune you may read on a flashy website promising you fortunes. Seriously, why not take a chance? As a matter of fact, many tried, most failed, only a...
Bitcoin Is In Decline Dragging The Cryptocurrency Market With It
Unfortunately, this was short lived, and the specter appears causing a dip in the cryptocurrency market. Causes for the DeclineThe fall I consider will be temporary and is mainly due to the fact that today a debate will be held in the US Congress on...
Bitcoin Set To Break Out In Q4 – New All Time Highs?
Earlier in the year, analysts had speculated that Bitcoin will touch $100K before the end of the year, but these hopes died down after nearly a third of the coin’s value was wiped away during the May bears. However, the current uptrend has reignited this...
Square Releases Whitepaper For Proposed Bitcoin Decentralized Exchange
Proposed tbDEX protocol Different from existing DEXesAccording to the whitepaper, the project known as tbDEX, is looking to create a decentralized financial system that is cheap, secure, and offers more inclusion for people globally, compared to the traditional financial system. The document also noted that...
El Salvador To Build Bitcoin City At The Base Of Conchagua Volcano
The president of El Salvador, Nayib Bukele, is still pushing for the Bitcoin agenda in his country. Bukele is a major Bitcoin proponent, and a few months after signing into a law a bill that makes Bitcoin legal tender, he has announced more plans to...
5 Competing Bitcoin Predictions – From Worthless To Invaluable
However, during the coronavirus pandemic, the landscape changed drastically for Bitcoin, which went from being a nerd currency to becoming the most requested asset in the world. Not just by people, but by large institutions and even countries. Bitcoin became the best asset of the...
El Salvador Eyes Up Greener Bitcoin Mining Opportunities
In El Salvador, the government intends to build Bitcoin mining facilities using volcanoes, which produce zero-emission, renewable energy. El Salvador and BitcoinIn early June, El Salvador’s President Nayib Bukele declared that he aims to send a bill to Congress to make Bitcoin legal tender. Only...
Australian Baseball Team To Pay Players And Staff In Bitcoin
Perth Heat Adding BTC to Balance SheetThe baseball team made the announcement on Wednesday (November 17, 2021). According to Perth Heat it struck a partnership deal with OpenNode, a Bitcoin payment processor, to enable the club to send and receive BTC payments over the Lightning...
Behind The Red Wall – What The Crypto Crackdown Looks Like In Communist China
As a result, traders and investors have earnest effort and attention by investing extensively in the crypto space. Regardless of the vital landmark made by Bitcoin globally, some countries still do not condone any form of a cryptocurrency exchange for any reason. Why has Bitcoin...
Why Does Bitcoin Pump And Alts Dump?
By and large, it is not unreasonable to expect the entirety of the crypto market to follow the lead of its flagship cryptocurrency, Bitcoin. This is generally true when things start going downhill. However, it gets trickier when Bitcoin shoots through the roof. It is...
What Is The Difference Between Bitcoin Futures And Spot ETFs?
While the year 2021 has been nothing short of spectacular for the crypto industry, marked by several significant developments such as Tesla accepting Bitcoin for payments, El Salvador declaring BTC legal tender, and other leading institutions adding cryptocurrencies to their balance sheets, nothing can match...
Miami To Create “Bitcoin Yield” Program For City Residents
Miami is becoming a major hub for crypto and blockchain because of the city’s mayor, Francis Suarez. Suarez has been pushing a strong crypto agenda in the city, and it now looks like Miami’s residents will benefit from this. In an interview with CoinDesk TV,...
What Is The Appeal Of Bitcoin? A Beginner’s Introduction To BTC
How Bitcoin StartedBitcoin is the world's first cryptocurrency that was created in the aftermath of the 2008 financial crisis, which is deemed one of the most severe global recessions since the Great Depression. The crisis came as a result of the collapse of the U.S....
Top 5 Global Charities That Accept Bitcoin Donations
Receiving cryptocurrency donations has two major benefits. First and foremost, the donation reaches the organization faster because it is not routed through third-party banking institutions. Second, the decentralized blockchain system provides full transparency, allowing the public to see where donations are going. By accepting cryptocurrency...
New York Considers Introducing Bitcoin In Schools
The US is transitioning to a major crypto hub, with politicians now advocating for the payment of salaries in Bitcoin. The newly-elected mayor for New York City, Eric Adams, wants to integrate crypto into the education system. The mayor had initially stated that he would...
Bitcoin Cash Vs. Bitcoin Gold Vs. Bitcoin SV – Which Is Best?
Bitcoin Cash, Bitcoin Gold, and Bitcoin SV have all one thing in common- they are all folks of Bitcoin. The major cause of the disagreement was Bitcoin's scalability issues. Bitcoin block sizes are limited to 1MB; hence the coin can only handle seven transactions per...
Bitcoin Cash Is Still Going Strong – How Does It Stack Up Against Bitcoin?
Bitcoin Cash (BCH), also known as BCash, was born based on this theory. However, unsatisfied with Bitcoin's development path, some developers, supporters, and miners decided to create their own version. Bitcoin Cash (BCH) ecosystem's adoption and growth have disappointed. Over the past 4 years, its...
Paytm India May Offer Bitcoin Trading If India Legalizes Cryptocurrencies
Paytm, the pioneer of digital payments in India has announced plans to consider offering Bitcoin services if authorities in the country remove the regulatory uncertainty concerning the same. In India, cryptocurrencies have not been officially recognized or banned. Paytm to accept BitcoinIn an interview with...
NFL Star, Aaron Rodgers, Says He Believes In Bitcoin
This news comes as the relationship between cryptocurrencies and sports grows stronger.This year, cryptocurrencies, especially Bitcoin, have received overwhelming support from legendary sportsmen and women from Tom Brady, Naomi Osaka, and now Aaron Rodgers, a renowned NFL star.Recently, Rodgers tweeted a strong endorsement for the...
Crypto-savvy Miami Mayor Says He Will Receive Next Paycheck In Bitcoin
Miami’s mayor, Francis Suarez, has been one of the great Bitcoin advocates in the crypto arena. The mayor attained a landslide victory for his second term as Miami’s mayor. He has stated that he will be the only US politician to receive his salary in...
Can One Bitcoin Be Worth A Million Dollars?
Bitcoin genesis block went live on Jan. 3, 2009, laying the foundation for the evolution of cryptocurrencies. 50BTC, the reward Satoshi received for mining Block 0, became the first amount of Bitcoin to officially exist. At the time of mining, the value of 1BTC was...
How Long Will The Bull Market Last – Crypto Winter Coming?
After dropping to lows of $40K in September, the Bitcoin has climbed to the highs of $61K. Currently, Bitcoin is only $3000 away from reclaiming its all-time high. While these market bulls create excitement, there is also fear that the bullish rally will not last,...
Walmart Hosts 200 Bitcoin ATM Kiosks In A Pilot Program
Walmart Stores Get 200 Bitcoin ATMsWalmart shoppers can now purchase bitcoin at any 200 Coinstar Bitcoin ATM kiosks in various stores in the U.S. The pilot program began earlier in October. According to Bloomberg, the initial installation is part of a broader plan to install...
Mainstream Media Always Covers Crypto Crashes But Never Crypto Booms!
So, when a cryptocurrency like Bitcoin crashes, it means that its price value has depreciated by a certain percentage. Since the year began, we have witnessed cryptocurrencies like BTC crash and come back stronger, rising to a reasonable height before crashing and rising again. On...
Valkyrie To Launch Second U.S. Bitcoin Futures ETF On Friday
Two Bitcoin Futures ETF in One WeekAccording to Bloomberg on Wednesday (October 20, 2021), a spokesperson for Valkyrie revealed that the Valkyrie Bitcoin Strategy fund will start trading on Friday, October 22. Unlike the ProShares product, Valkyrie’s fund will trade on the Nasdaq exchange. In...
Crypto Usage And Adoption Is Growing Despite Sideways Market
Over the past few years, the cryptocurrency space has grown to become a $2 trillion industry, with millions of retail and institutional investors entering the market over the past few years. However, the cryptocurrency market went through a bearish run earlier this year. In the...
Bitcoin Halving – What Happens And When Is The Next One?
Bitcoin mining refers to the process of validating and auditing transactions on the Bitcoin blockchain. Miners ensure that all transactions are valid, before adding them to a block. They also prevent users from double spending Bitcoin. To validate transactions, miners must compete to solve complex...
Top 5 Things Crypto Experts Predict For 2022
As the year-end approaches, too many forecasts make the headlines around the cryptocurrency market, and experts keep trying to figure out the next steps that the industry will walk on. Bitcoin (BTC) is looking to gather momentum to extend beyond the all-time highs after consolidating...
Grayscale Planning To Convert Bitcoin Trust Into BTC-Settled ETF
Grayscale's BTC Trust to be Converted into a BTC-settled ETFOn October 17, Silbert hinted at this possible plan to have the Grayscale Bitcoin Trust become a Bitcoin fund. The CEO was speaking in response to a tweet criticizing the cash-settled Bitcoin futures ETF that was...
A Look Back At The 2018 Crash And What Can We Learn From It?
It is surprising to see the number of influencers who are bullish over every other cryptocurrency. While Bitcoin will surpass $100,000 in valuation someday, every other so-called influencer deems that day to be tomorrow (figuratively)! Crypto investors are mostly young men and women finding their...
Putin Recognizes Crypto's Value, But Not As A Dollar Replacement In Oil Trades
Putin mentioned two factors that could make cryptocurrency not a suitable alternative, namely energy consumed for mining, and the fact that it is not pegged to any asset. Crypto has Value, Says PutinWhile speaking to CNBC at the Russian Energy Week held in Moscow, Russia's...
Bitcoin Vs Ethereum – Why These Two Have Been At War Since Day One
Similar in some areas, these two networks also have their unique differences. In some cases, some investors choose to include the two cryptos in their portfolio along with some other assets. However, due to the unique differences between Bitcoin and Ethereum, there are crypto users...
Bitcoin Mining Has Become One Of The Most Profitable Industries On The Planet
Data showed that miners pocketed $3 billion in revenue at the peak of the April 2021 bull run; thus, debunking popular claims that Bitcoin mining rewards is on a downward spiral. This figure translates to about $100 million daily on an average, which is a...
Indian Crypto Exchange Allows Users To Buy Pizza, Ice Cream And Coffee Using Bitcoin
Even though the naysayers continue to harp on how the digital asset industry is one big bubble waiting to collapse, there is no denying that crypto adoption has continued to thrive over the last couple of years, even in countries where one would least expect....
3 Countries Embracing Crypto Adoption – And 3 That Aren’t
This financial model, created by Satoshi Nakamoto, was to protect the average person from harsh economic situations. For example, the Global financial crisis of 2008. Cryptocurrencies were created to be peer-to-peer, therefore, they became a threat to power. Its disruptive nature was because they invalidated...
Bitcoin Layers – An Alternative Perspective On Bitcoin Scalability
The Bitcoin blockchain uses a consensus mechanism known as Proof of Work (PoW). Solving the Double Spend ProblemAlthough numerous other digital money protocols were created before Bitcoin (b-money, Hashcash, Ecash, Bit Gold), Bitcoin was the first to solve the double spend problem in a distributed...
Is It Possible To Earn Free Bitcoin Today? A Complete Investigation
Unfortunately, this era is behind us, and there is no more free Bitcoin distribution — if someone offers you that, 100% sure it's a scam. However, it is possible to collect Satoshis, small fractions of Bitcoin, without spending money. Bitcoin - The Early Era In...
Vietnam Crypto Mining Demand Rockets After China Ban
Following the drop in Bitcoin price in May this year, crypto mining activities significantly reduced in Vietnam. However, this changed from the time Bitcoin began to progressively surge in value in August, reversing the entire scenario in Vietnam. There has been a notable increase in...
Why Is Bitcoin Mining So Hard? What Happens Behind The Curtains?
Whenever new miners join the network, the proof of work difficulty increases automatically. The difficulty represents the number of zeros that the code (hash) needs to have. The bigger the number of zeros at the beginning, the harder it is for miners to find the...
Almost 90% Of All Bitcoin Has Been Mined – We’re Still A Century Away From Last Bitcoin Mined
Bitcoin investors are happy with recent data, which reveals that out of the stipulated Bitcoin supply, a larger percentage have been mined already. Knowing that Bitcoin is in limited supply and will never be recreated is considered glad tidings for investors because, unlike printable currencies,...
Market Flash Crashes – Over Leveraged Positions Cause Them
On September 7, the prices of Bitcoin dropped to below $43,000. Major liquidations across the derivatives market caused the crash. On this day, over $3.54 billion was liquidated. On the same day when Bitcoin crashed, there was a strong bullish sentiment across the broader market...
Kraken Discovers Security Flaws in Bitcoin ATMs
Kraken Security Labs, a branch of the San Francisco-based cryptocurrency exchange giant, Kraken, recently identified critical security issues in a commonly used Bitcoin ATM. General Bytes Bitcoin ATM Model Open to Vulnerability ExploitIn a blog post on Wednesday (September 30, 2021), Kraken Security Labs discovered...
Twitter Introduces Bitcoin Tipping for Users, Plans NFT Authentication Feature
Twitter users now have a range of payment options to choose from, when sending and receiving tips through the social media platform, including sending bitcoin via the Lightning Network. Bitcoin for Tips on TwitterIn a blog post on Thursday (September 23, 2021), Twitter's product manager...
Binance to Stop Offering Crypto Derivatives Products in Australia
Cryptocurrency exchange giant Binance has been in the crosshairs of global financial regulators in recent times. Following mounting pressure from regulatory watchdogs in different countries, the company seems committed to boosting regulatory compliance. Binance revealed that it will halt crypto derivatives offerings for customers in...
Which Countries Will Adopt Bitcoin Next?
Over the years, we have seen the perception of Bitcoin change from a scam to a hedge against inflation to become a country's legal tender. Yeah, you read that right. A legal tender! El Salvador Bitcoin LawOn June 9, El Salvador became the first country...
El Salvador Government Continues Bitcoin Accumulation, Now Holds 700 BTC
El Salvador President, Nayib Bukele, has added 150 Bitcoin to its previous purchases, amid a decline in prices both for BTC and the general cryptocurrency market. El Salvador Takes Advantage of Bitcoin Price DipBukele tweeted the news in the early hours of Monday (September 20,...
Could This Bull Run Last Months or More?
Bitcoin prices have been on the upswing since the end of July to retest highs achieved at the beginning of the year. So, will the current bull run continue in the medium term, or is the market headed to a bearish season? To be able...
Fidelity Holds Private Meeting With The US SEC Over Bitcoin ETF Approval
Boston-based multinational financial services giant Fidelity Investments met with the SEC to discuss the importance of approving its Bitcoin Exchange-Traded Fund (ETF). Bitcoin ETF Necessary Because of Growing Interest in BitcoinAccording to Bloomberg, some executive members from Fidelity had a private video call with the...
MicroStrategy Invests Additional $242M to Purchase 5,050 Bitcoin
In a tweet, MicroStrategy’s founder and CEO, Michael Saylor, stated that the business analytics firm now holds 114,042 Bitcoins. The CEO also revealed that the firm’s entire Bitcoin holdings has been acquired at an average price of $27,713. This depicts that the BTC holdings are...
What is the Future of Bitcoin – Could It Become Obsolete?
Despite the gains made by Bitcoin over the years, market analysts have been debating whether Bitcoin will survive the rapid advancements taking place in the crypto sector. Some believe that Bitcoin's dominance in the crypto market will hold, while some argue that if Bitcoin's blockchain...
El Salvador Pushes for Bitcoin Adoption after exempting Investors from Tax
The government of El Salvador has now stated that it will exempt investors from paying capital gain taxes and income tax accrued on Bitcoin investments. Encourage Investments through BitcoinAccording to a statement issued by the legal adviser to President Nayib Bukele, Javier Argueta, the country...
Many Are Predicting A Crypto Resurgence – Not A Bear Market After All?
Bitcoin is staging a comeback that has taken it up more than 60% from the lows it hit in June, reviving the spirits for six-figure price targets that often emerge when the cryptocurrency benchmark is rallying. The Crypto UpturnThe upturn came at a time when...
51% Attacks And Why Crypto Devs Are So Concerned About Them
So, what exactly is a 51% attack, how is it performed, and what effect does it have on cryptocurrencies? Proof-of-Work in a NutshellSuppose you and I have struck a deal, and now I need to pay you in crypto. The transaction needs to be validated....
Can Bitcoin Still Make 100k By December – Many Think It Can
When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive. The...
A Year Later – A Look At Bitcoin’s Halving
The last Bitcoin halving happened last year, in 2020, a phenomenal year when the popular crypto started to climb to new highs as more and more people started showing interest in crypto for several reasons. For a better understanding of this review, it would be...
What Are The Prospects Of Bitcoin?
Bitcoin has been in use for overa decade, having been created in 2008 with the goal of eliminating middlemen. So, over ten years on, what does the future of Bitcoin hold? There is no such thing as a fortune teller. Many of the brightest minds...
Why Do Some Crypto Wallets Generate New Addresses? – Preventing Dustin
Bitcoin is a decentralized digital currency and a Peer-to-Peer Electronic Cash System, without a central bank or single administrator. To guarantee the security of this system in a decentralized way, transactions are verified by nodes distributed around the world that run the history of all...
Best Advice For Crypto Investors – Don’t Rely On The Ignorance Of Others
When engaged in an isolated endeavor like cryptocurrency trading, it’s easy to fall into logically flawed presumptions or otherwise problematic errors. Without social feedback to challenge or even correct erroneous thinking, the original fallacy can compound exponentially. Before you know it, you’re making terrible judgment...
Bank Of America Approves Crypto Futures Trading For Some Clients
The Bank of America, the second-largest bank in the United States, has reportedly given the green light for some of its clients to trade cash-settled Bitcoin (BTC) futures. While there hasn’t been an official announcement from the bank itself, two anonymous sources have come forward...
Are We In A Dip Or Bear Market?
The Mid-May Crash Bitcoin and the entire crypto market have been on a wide rally since the last quarter of 2020. The total market cap of cryptocurrencies reached a peak of $2.4 trillion in April, which backed several bullish calls that the largest crypto could...
Elon Musk Paints Bitcoin Green, Creates Bitcoin Mining Council To Reduce Emissions
Elon Musk and Jack Dorsey Earlier this year, Musk agreed with mining advocates like Jack Dorsey, who believe in mining pushing forward the use of green energy. However, as Bitcoin miners started to consume more power than an average country, the Tesla CEO found more...
Myths vs Fact: Is Bitcoin Mining Harmful For The Environment?
So, where's the truth? How much harm does mining actually do? Let's have a look at the arguments of the mining advocates. Myth One - Bitcoin Mining is Fueled by Coal First, as Coinbase noted, there was a fundamental mistake in the research: the scientists...
Why Analysts Believe BTC Price Will Hit $100K And ETH $20K
Meanwhile, Ether, Bitcoin's smaller sibling, rallied to a peak of $4,300 this year but has since parried over half of its accumulated gains. That crash has led to concerns over where the top altcoin is headed next. In this comprehensive guide, we examine what top...
Ark Invest Added $53.7 Million In Square Stock To Its Portfolio
ARK Invest, a well-known investment company headquartered in New York, recently bought as many as 225,937 shares of Square Inc. The company made its move last Friday, July 16th, through the ARK Next Generation Internet ETF (ARKW) and ARK Innovation ETF (ARKK). These are two...
Jackson, TN Set To Accept Property Tax Payments In Bitcoin
“Our blockchain task force is looking into how the @CityofJacksonTN can accept property tax payments in Bitcoin and allow our employees to DCA in Bitcoin” - @MayorConger via Twitter Troubled Times for the US Dollar The growing inflation and devaluation of the United States Dollar...
BTC Wallets Compatible Across Different Operating Systems With Favorable Transaction Fees
Cryptocurrency wallets provide both online and offline storage for your crypto key and are available in the form of hot or cold wallets. Cold wallets offer offline storage through external devices, while hot wallets are for online storage. There are several options on the internet...
Visa Plans To Approve First Bitcoin Payment Card In Australia
Leading global payments firm, Visa, is diving deeper into the crypto sector through strategic collaborations. To achieve this growth, the firm has approved CryptoSpend, a startup firm that two students developed at the University of Technology. The new card will be used as a debit...
Top 5 Countries By Crypto Adoption
The Covid-19 pandemic has had many effects on the world economy. In weak economies, the effect was even more devastating and encouraged people to turn to alternatives. In this context, cryptocurrencies were seen as a form of protection against the inflation that plagued countries. In...
Bitcoin Network Node At Over 13,000, Sets New All-Time High
The previous all-time high for this metric was reached in January this year when the number of reachable Bitcoin nodes reached 11,613. Out of these nodes, 98.77% are running on the Bitcoin Core software, while the remaining percentage belongs to other protocols such as Bitcoin...
Who Are The Biggest Bitcoin Whales?
During the 12-year history of Bitcoin development, different players and niches were responsible for driving the price and adoption of cryptocurrency, accumulating a large part of the Bitcoin available supply. In the beginning, cypherpunks were responsible for buying and developing the cryptocurrency, through classic forums...
How to Navigate the Treacherous Waters of the Bitcoin Crash
Until just recently the Bitcoin price poked its head above the psychologically significant $30,000 level. At the time of writing (July 21), BTC is trading hands at approximately $31,500. While that might be a relief to those who are long-term stakeholders in the original cryptocurrency,...
The Layman & Crypto: Don't Bank On Bitcoin
The reason for this lies in the self-proclaimed USP of cryptocurrencies - Banks Are EvilYou've been Shafted for too longCryptocurrencies have no Centralized Authority to Shaft you. What does the layman takeaway from this? He'll be shafted by anonymous folks over the Internet. Does that...
Capitulation In Bitcoin And Reset On The Market At $30k
Capitulation is the act that determines the conditions for the surrender of a troop. In war, it is about an agreement to surrender to a hostile armed force. The capitulation can be understood as the exact moment when a troop gives up the battle and...