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Uptober Begins: Bitcoin’s Rally Sparks $40K Hopes; Yet $20K Threat Lingers
3.10.2023
The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a popular cryptocurrency trader suggested that $40,000 could...
Key factors that have led remarkable expansion of Dogecoin
21.9.2023
Dogecoin, a decentralized cryptocurrency created in 2013 as a joke, has garnered immense attention over the past few months as its value skyrocketed. Although Dogecoin started as something of a meme-based currency, it is now becoming increasingly more popular and accepted by businesses around...
What are key factors influencing Bitcoin’s potential bull run?
15.9.2023
Traders and players have started a wild and thrilling ride in cryptocurrency, with Bitcoin leading the way. Over time, Bitcoin has constantly displayed astounding price increases, raising the logical query of whether a new bull run is about to begin. Understanding the factors behind Bitcoin’s...
Only 2 % of Russians Ready to Keep All Their Savings in Digital Ruble: Poll
27.8.2023
While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away from the government-issued digital currency....
Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery
25.8.2023
After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on the stablecoin terrausd, and problems accessing customer funds held in cold storage wallets as contributing factors. From Cold Storage to Cold Reality: The Dramatic Decline...
Crypto VC inflows drop further as macro factors weigh on investments
24.8.2023
Polychain Capital and CoinFund launch new funds, and spot Bitcoin ETFs approval rumors can’t brighten the outlook for crypto VC sector
Tether to Withdraw Support for USDT on Omni, Kusama, and Bitcoin Cash’s SLP
18.8.2023
Tether has announced a strategic transition that will see the company withdraw support for USDT issued on Omni, Kusama, and Bitcoin Cash’s Simple Ledger Protocol (SLP). The company stated that one of the factors that affected this decision was the level of community interest in these...
Idle No More: $11.4 Million in ‘Sleeping Bitcoins’ Wake up After Years of Dormancy
13.8.2023
Hovering just above the $29,000 mark, bitcoin’s value remained relatively stable while an interesting event occurred on Saturday afternoon: a dormant cache of 195.79 bitcoins, untouched for over seven years, was transferred for the first time since 2016. This action was followed by another...
Exploring Bitcoin’s future: factors, impact, and implications
9.8.2023
Bitcoin, a global phenomenon with far-reaching implications, was introduced as an experimental digital currency in 2009. The cryptocurrency’s decentralized nature, scarcity, and potential for financial innovation have generated widespread interest. As conventional financial systems experience...
BTC to Peak at $42K in 2023: Finder’s Bitcoin Price Predictions Report
21.7.2023
Bitcoin is expected to reach its peak at $42,000 in 2023, with an end-of-year price prediction of $38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of panelists believe bitcoin is currently underpriced...
Ethereum outlook: The influence of macroeconomic factors
11.7.2023
Despite being an independent asset category, cryptocurrencies are not independent of the trends in the global economy. These digital assets also fall prey to the ever-changing macroeconomic factors. As cryptocurrencies become mainstream, they become more prone to price shifts due to economic...
6 Factors Advisors Should Consider Before Using an SMA for Digital Assets
29.6.2023
Separately Managed Accounts (SMAs) are a good way for FAs to manage digital assets, but advisors should fully understand the trade-offs
Economist Peter Schiff Slams Fed Chair Over Economic Concerns — Claims Powell Overlooks ‘Far More Relevant’ Factors
24.6.2023
Economist Peter Schiff has slammed Federal Reserve Chairman Jerome Powell over several key issues concerning the U.S. economy, the banking system, and the U.S. dollar. “Powell is a coward. He is not doing his job,” Schiff claimed, highlighting multiple factors affecting the economy that the...
Bitcoin Price Outlook for June
16.6.2023
Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also...
Bitcoin Price Prediction: BTC's Struggle to Break Through $25,600 and Key Factors Affecting its Future
16.6.2023
Bitcoin is finally showing signs of recovery, but it continues to face challenges in breaking through the $25,600 level.
As Bitcoin faces resistance at this key price point, market participants eagerly await key developments that could shape the cryptocurrency's trajectory.
What are the driving...
Blackrock CEO Larry Fink Says US Is Jeopardizing Dollar’s Reserve Currency Status
5.6.2023
The CEO of the world’s largest asset manager, Blackrock, has warned that the United States is jeopardizing the U.S. dollar’s reserve currency status. He noted that the debt ceiling debate, risk of national default, and possible credit rating downgrades are “destabilizing” factors...
Crypto Exchange Hotbit Says ‘Deteriorating Conditions’ Forced It to Stop Operations
25.5.2023
China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt “all cex operations.” The crypto exchange pointed to the “continuous outflows of funds from cex [centralized exchange] users” as one of the many factors that forced Hotbit...
Core Scientific moves for September bankruptcy exit, expects $46M boost
24.5.2023
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised
12 factors VCs should focus on when vetting crypto and blockchain companies
9.5.2023
Due diligence when vetting crypto and blockchain companies comprises considering both traditional business factors and unique imperatives
Breaking the Barriers of Traditional Banking With Digital Assets
3.5.2023
Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading to bailouts and buyouts from large players....