If you are a crypto fan, you might be used to market volatility. Cryptocurrencies have proven to be more volatile than other assets for retail investors. Crypto coins can rally to record highs within two days or plummet drastically in an unpredictable way. Though that sounds like a risky game, expert investors know how to…
As the E-commerce giant experiments with digital currencies, rumors suggest that Amazon is going to accept cryptocurrency by next year. According to a new Job offering posted on the company’s web page, Amazon is looking for an experienced individual who can lead and innovate the current payment systems and network. The position will also require…
The crypto market consolidates after the encouraging sentiments since last week. At the moment, the market’s worth stands near $1.62 trillion after surging from $1.38 trillion one week ago. That translates to more than 18%. That came after several digital coins surged by double digits. For instance, Bitcoin gained 22% in the last seven days….
Bit Mining is planning on expanding its operations in Central Asia and it has bought around 2,500 crypto mining machines that are scheduled for deployment in Kazakhstan. The Chinese company will be able to take advantage of the new devices for increasing its total hashrate capacity and it will go up by an approximate 165…
In recent years, signals have been indicated by the central banks for launching their central digital currencies. Following this scenario, the governments such as India, China, and others have begun threatening independent cryptocurrencies like Ethereum and Bitcoin. The government of the United States, after being concerned about the matter, has initiated conversations about a native…
A new prediction regarding Bitcoin’s projected value for December 2021 has been determined by a panel of experts. The determination suggests that the value of Bitcoin will be US$ 318,414 per unit after 3 years and 5 months. The standout prediction turned out to be the value of US$ 160K which, according to an expert,…
When was the last time you stopped by a busy street, square, store, mall, your local subway to witness the art of your local street performer? Lack of opportunities worldwide especially for performing artists increased the number of buskers aka street performers in the world. Especially, in the west. Like the rest of us, they…
Ex-Secretary of the US Treasury, Steven Mnuchin, reveals that his viewpoint regarding Bitcoin has evolved over time. He says that though he has no liking at all for Bitcoin if people are willing to have it then he is okay with it and so do others. Steven Mnuchin being associated with the US Treasury in…
Bank of America publishes its latest survey carried for determining which particular asset is the most crowded. Interestingly Bitcoin ended up at 3rd place in the survey by becoming the world’s 3rd biggest asset. At first, is the tech stocks and in the second place in the ESG. Surveys of market conditions are important as…
BTC managed to reclaim $34,000 regardless of the decreased trading volumes. That follows reports suggesting that miners began accumulating once more. Again, the crypto market saw low trading volumes over the weekend. However, BTC surged over $1,000 in 24 hours, to trade near $34,700. As a result, altcoin bounced off, regaining some ground. Ripple’s XRP…
The world we live in today is full of controversies, myths and conspiracy theories, and whatnot. Science and technology have no doubt helped crack many myths of the past. However, there are still some which might need to unfold still. One of them is who invented or created the first-ever original cryptocurrency known as Bitcoin….
BlockFi, a services company specializing in cryptocurrency, has recently partnered up with Visa in order to launch the first-ever cryptocurrency rewards credit card. This card shall be provided to approved clients within the U.S and was officially launched yesterday. BlockFi had initially talked about its intentions for introducing such a credit card back towards the…
Salvador’s President might be positive about Bitcoin but that’s what not the Salvadorans believe. They are skeptical about Bitcoin that it won’t be able to bring about the change and the prosperity as has been expected by the President and the Government officials. Almost half of the Salvadorans told that they are not familiar with…
A so-called Brazil’s Bitcoin Bank’s owner, Claudio Oliveira, who is also famous as the “King of Bitcoin”, has been arrested by the local police. His arrest was made on the basis of the allegations which suggested his involvement in a crypto scam of US$ 300 Million. Law enforcement agencies say that the King of Bitcoin…
A provider of financial services and a global investment bank, Morgan Stanley purchased Grayscale Bitcoin Trust’s (GBTC) 28,289 shares, as reported by a record maintained by the U.S. SEC SEC (Securities and Exchange Commission). Currently, the GBTC investment of Morgan Stanley is more than $827,000 according to the per-share estimated price, which is $29,25. Private…
Bitcoin’s net loss has touched an all-time low for the first time since last year. Last week, the net unrealized loss reached $3.5 billion, underscoring the severity of the present bear market. A Bitcoin watcher noted that the new record surpasses that of 2020, suggesting that this year’s slaughter is much more severe than prior…
Cryptocurrency enthusiasts chant that investing in Bitcoin is comparable to investing in gold. In their view, Bitcoin is the digital world’s gold. This has swept gold investors off their feet and gold hoarders are now switching to buying Bitcoin and saving it. Gold has been considered the strongest investment for centuries. This is also the…
There used to be a time when investors, analysts, and influential personalities were able to make a huge difference surrounding an asset. They had the power to make a positive/negative prediction around assets and see the results go in their favor. Then came Bitcoin (BTC) that has landed its mark on the global markets, although…
According to Forbes, Mexico’s third wealthiest billionaire is a Bitcoin supporter. Ricardo Salinas Pliego has done his studies and is ready to show you the way. The billionaire recently revealed that Bitcoin makes up 10% of his assets. Why? Salinas Pliego is aware of a handful of the factors that contribute to Bitcoin’s status as…
JPMorgan analysts revealed that Bitcoin (BTC) could still experience an adverse impact on its growth. The analysts further commented about Grayscale’s GBTC sales and how this could be a potential headwind for Bitcoin. The JPMorgan strategists remain reluctant in altering the stance about the potential negative outlook regarding Bitcoin as well as the crypto market…
