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A closer look at Bitcoin, the safe-haven of cryptocurrencies
3.11.2023
Global financial conditions have been surrounded by uncertainty for a while now. Given the ongoing economic condition, traders tend to stay away from volatile assets like cryptocurrencies. However, the stability of Bitcoin (BTC) flipped the scenario on its head. Throughout 2023, Bitcoin...
Bitcoin Miners Record 10% Stock Growth As Asset’s Price Surge
3.11.2023
The price growth in the cryptocurrency market has resulted in big wins for several sectors including Bitcoin (BTC) miners, blockchain-based firms, and yield farmers. Bitcoin miners have recorded over 10% stock growth as the asset’s price trades near $35,000, close to its 17-month high. ...
Bitcoin Price Prediction: Saylor’s Stand as BTC Dips Amid Fed Shift
3.11.2023
As Bitcoin hovers around $34,667, marking a 3% decrease on Friday, the cryptocurrency world is closely monitoring the stance of prominent figures like Michael Saylor. Despite the dip, Saylor remains steadfast in his belief that one can never be overexposed to Bitcoin. Concurrently, the US dollar...
Bitcoin Price Prediction as MicroStrategy Buys an Additional 155 BTC – Can BTC Reach $40,000 Soon?
2.11.2023
In a market where uncertainty is the only certainty, Bitcoin has surged past the $35,000 mark, a price point that has eluded it since the halcyon days of May 2022. This resurgence can be attributed to a confluence of strategic corporate maneuvering and monetary policy. MicroStrategy, under...
Elon Musk Criticizes NFTs on Joe Rogan Podcast, Delighting Bitcoin Enthusiasts
2.11.2023
Tesla chief, X owner, and well-known Dogecoin (DOGE) proponent Elon Musk has taken a swipe at non-fungible tokens (NFTs), and his comments have resonated with Bitcoin (BTC) enthusiasts. During a recent appearance on the “Joe Rogan Experience” podcast, Musk criticized the notion that...
Marathon Digital Starts Methane Gas-powered BTC Mining Project
2.11.2023
Marathon Digital , a BTC mining company, has launched a pilot mining initiative in Utah, leveraging methane gas produced from landfill waste to generate the power needed for their mining operations. The company announced on Thursday in a press release that it had entered into an agreement with...
Satoshi-era Bitcoin Whales Transfer $230 Million Worth Of Assets- Here’s What You Need To Know
2.11.2023
Three Satoshi-era Bitcoin wallets have transferred about $230 million worth of assets to new addresses after almost six years in the dark. On-chain data from BitInfoCharts on Nov 2 show three Bitcoin (BTC) whales moved 6,500 BTC sparking trading concerns among the crypto community as this year...
MicroStrategy posts Q3 loss after writing down BTC value
2.11.2023
MicroStrategy began amassing Bitcoin in large quantities as a hedge against inflation in 2020. Nonetheless, this strategy appears to have failed at present. MicroStrategy decreased the token’s value and incurred a loss during the third quarter of this year. MicroStrategy is a publicly traded...
Adidas Web3 Platform Unveils Limited-Edition Bugatti-Inspired Shoes Auction
2.11.2023
Adidas and Bugatti have partnered to announce the auction of a select quantity of soccer boots through Adidas’ web3 platform. In a press release on Bugatti’s website, the companies confirmed that 99 pairs of shoes inspired by Bugatti’s car designs will be listed for sale between...
Institutional investors buying Bitcoin: Bullish sign for long-term
2.11.2023
Bitcoin is at $35k+ as this article is being drafted. While the community is optimistic about the future, it is interesting to observe that the highest value ever recorded was $68,000. So, the current value is nowhere near that; however, BTC’s rebound from the $20,000 mark where it resided...
Bitcoin Price Prediction: Surge to $36,000 Driven by MicroStrategy, FOMC & Advocates
2.11.2023
Bitcoin , the preeminent cryptocurrency, is witnessing a significant surge, with its price ascending to an impressive $36,000, marking over 4% increase on Thursday. This bullish momentum is being fueled by a confluence of factors including major corporate investments, optimistic regulatory...
Binance to Perform Wallet Maintenance, Announces Temporary Suspension on Bitcoin Withdrawals
2.11.2023
Crypto exchange behemoth Binance is set to conduct wallet maintenance for the Bitcoin (BTC) network on Friday. According to a company update, the exchange will temporarily suspend BTC withdrawals on Nov. 3 until the maintenance is complete. The wallet maintenance is expected to take about...
Bitcoin Price Prediction as Bernstein Says Bitcoin Could Hit $150,000 by 2025 – Best Time to Buy BTC?
2.11.2023
In a financial landscape where certainty is a rare commodity, Bitcoin price, which has crossed over $35,000 mark, has once again captured the attention of the market. Bernstein, a leading investment research firm, has projected a bold price target for the pioneering cryptocurrency, suggesting...
Bitcoin Blasts Back Above $35,000 as Bulls Regain Control After Fed Holds Interest Rates
1.11.2023
The Bitcoin (BTC) bulls have regained control to push the price of the world’s largest cryptocurrency by market capitalization back above $35,000, following a volatile trading session packed with important macro risk events, including the latest policy announcement from the US Federal...
Canadian MP Hails Satoshi Nakamoto, Wants Parliament to Study Bitcoin
1.11.2023
Joël Lightbound addressed the Canadian Parliament with a call for a new perspective on cryptocurrencies, particularly Bitcoin. During a speech that lasted over a minute, Lightbound urged members of parliament to consider a different approach, emphasizing the significance of studying Bitcoin....
Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin
1.11.2023
The COVID-19 pandemic plunged El Salvador into economic turmoil in 2020, causing GDP to plummet nearly 8% and leaving many struggling to survive the strict lockdown measures. So when the Central American Bank for Economic Integration (BCIE) approved a $600 million loan in 2021 to provide relief...
Bitcoin Halving 2024 – Everything You Need to Know
1.11.2023
The 2024 Bitcoin Halving event has been in the cryptocurrency conversation for a while, and has long been earmarked as the event that could help to end the “Crypto Winter” and start the next bull run. But, for many, the Bitcoin Halving 2024 is still a phrase shrouded in mystery. In this...
Bitcoin Price Prediction: Nearing $35K, Whales Sustain Momentum
1.11.2023
Bitcoin price prediction remains bullish as BTC is trading at $34,432 with a 0.64 percent increase on Wednesday, the push towards this crucial threshold is buoyed by the substantial influence of crypto whales. As the world celebrates 15 years of Bitcoin, reflecting on Satoshi Nakamoto’s...
Bitcoin Price Prediction as Billionaire Druckenmiller Calls Bitcoin a ‘Brand’ He Should Own – Can BTC Reach $100,000 in the Next Bull Run?
31.10.2023
In the volatile world of cryptocurrencies, Bitcoin has once again captured the spotlight, this time bolstered by the unexpected endorsement from a titan of the investment world. Billionaire investor Stanley Druckenmiller, known for his astute market foresight, has expressed a tinge of regret...
Interest in Bitcoin Soars: Wikipedia Page Records Highest Views in Months
31.10.2023
Online traffic to Bitcoin’s Wikipedia page surged last week, signaling rising public interest in the asset as its price soared to a new yearly high. On October 24, the page registered nearly 13,500 visits – the highest daily count since Bitcoin’s price plummeted below $20,000...