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Madeira Launches Bitcoin Business Hub to Drive Regional Innovation
13.10.2023
The President of Madeira, Miguel Albuquerque, alongside Prince Filip of Serbia, officially announced the establishment of a Bitcoin business hub to promote innovation in the region.
This announcement was made earlier today during a fireside chat on the second day of the Bitcoin Amsterdam 2023...
Bitcoin Price Prediction as BTC Holds Steady at $26,500 Support – Are Bears Taking Control?
13.10.2023
Key Points
Bitcoin, the world's premier cryptocurrency, faced challenges in sustaining its value, plunging below the $27,000 threshold on Friday. In the last 24 hours, its price largely oscillated around the $26,600 mark.
The recent depreciation is largely tied to the unveiling of the...
Ex-PayPal President David Marcus Labels Bitcoin as Sole 'Neutral Internet Money'
13.10.2023
On Wednesday, David Marcus, the former president of PayPal and ex-vice president of Facebook, stated that Bitcoin stands alone as the only form of "neutral internet money" in existence during an episode of the What Bitcoin Did podcast....
Read More: Ex-PayPal President David Marcus Labels Bitcoin...
SEC Faces Midnight Deadline to Appeal Court Ruling on Grayscale Bitcoin ETF
13.10.2023
As the clock approaches midnight Eastern Time today, the U.S. Securities and Exchange Commission (SEC) faces an important deadline to appeal a court order regarding Grayscale Investments' Bitcoin ETF application.
If the SEC takes no further action, Grayscale's application for converting...
Grayscale Investments wins against SEC, considers Bitcoin ETF
13.10.2023
Grayscale Investments, a company that controls a $16.6 billion Bitcoin Trust, has come out victorious in terms of a lawsuit that was filed against the company by the Securities and Exchange Commission (SEC). The case was conducted in the D.C. Circuit Court. This will help open the doors for...
Bitcoin Price Prediction: BTC Slips 3% as Cryptocurrency Market Reacts to CPI Data as JPMorgan Awaits SEC's ETF Verdict
13.10.2023
Amidst fluctuating global events, Bitcoin is once again in the spotlight. As it currently trades at $26,831, marking a slight uptick of over 0.10% on Friday, but it fell nearly 3% in the last seven days. The entire cryptocurrency market holds its breath in anticipation of various influencing...
G20 Finance Leaders Release Joint Communique Adopting Crypto Regulation Roadmap
13.10.2023
G20 Finance Ministers and Central Bank Governors have issued a joint communique in Marrakech, Morocco announcing unanimous adoption of a comprehensive roadmap aimed at regulating crypto assets.
The joint communique was released during the fourth and final G20 FMCB meeting under India’s...
Bitcoin Price Prediction as US Core Inflation Data is Announced – Is a Bullish Reversal Imminent?
12.10.2023
In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12.
As recent US inflation data outstrips forecasts, the financial realm is abuzz with speculation and predictions.
Particularly in...
BlackRock's Bitcoin ETF Plans Raise Concerns About Centralization, Notes Arthur Hayes
12.10.2023
According to a recent Tom Bilyeu interview with Arthur Hayes, co-founder of BitMEX, the possible entry of asset management behemoth BlackRock into the Bitcoin sector could reshape the leading cryptocurrency in ways that diverge from its original ethos.
While traders and investors anticipate...
Bitcoin Price Prediction: BTC Drops Almost 3% Following FOMC's Assertive Remarks; Awaits US CPI Insights
12.10.2023
In the wake of the Federal Open Market Committee's (FOMC) recent assertive commentary, Bitcoin price experienced a near 3% dip.
The central narrative hinged on the minutes from the Federal Reserve, wherein policymakers underscored the necessity for restrictive policy measures to persist for...
Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan
12.10.2023
JPMorgan has predicted a potential 20% drop in the Bitcoin (BTC) Network Hashrate following the next halving event scheduled for April 2024.
"We estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April '24) as less-efficient hardware...
Bitcoin Still Number One Due to Higher Futures Premium, K33 Research
11.10.2023
A research conducted by K33 shows that Bitcoin still retains its top position as the most appealing cryptocurrency due to its higher premiums in futures trading.
Ether, the second most valuable crypto asset by market capitalization, is expected to play second fiddle once again due to the lower...
Bitcoin Price Prediction as Lightning Network Growth Reaches 1,000% in Two Years – Adoption on the Rise?
11.10.2023
As the digital gold rush continues, Bitcoin remains at the forefront of the crypto landscape. Despite a recent hiccup where it struggled to breach the $28,000 threshold, dropping to $27,100 on Wednesday, enthusiasts remain optimistic.
The entire cryptocurrency market cap stands at a staggering...
“Mr Bitcoin Is About to Go Down Big” Claims CNBC’s Jim Cramer – Does That Mean the Bottom Is In?
11.10.2023
In a characteristic rant on CNBC’s Squawk on the Street show on Tuesday, famous financial pundit Jim Cramer proclaimed that he can’t be invested in Bitcoin (BTC) “Mr Bitcoin is about to go down big”.
Its unclear where this was a reference to the Bitcoin price itself, or a reference to disgraced...
Jim Cramer's Bitcoin Prediction: Prepare for a Sharp Drop – Best Counter Indicator?
11.10.2023
Jim Cramer, the well-known host of CNBC’s Mad Money show, has raised eyebrows with his recent Bitcoin (BTC) forecast.
Known for his sometimes erratic and often wrong financial predictions, Cramer shared his skeptical outlook on number one cryptocurrency during a recent guest appearance on the...
New Fidelity Digital Assets Report Advocates Bitcoin Over Gold for Portfolio Diversification
11.10.2023
Fidelity Digital Assets brought new light to the subject of cryptocurrency investments in its September 2023 study, focusing particularly on Bitcoin.
Authored by Chris Kuiper, Director of Research, and Jack Neureuter, Research Analyst, the report meticulously dissects why Bitcoin should...
U.S. Economy's Strength Signals Potential for Bitcoin Growth
11.10.2023
The recent resilience of the US economy, as demonstrated by the unexpected addition of 336,000 jobs in September, might hold positive implications for the growth of Bitcoin (BTC), Yield App chief investment officer Lucas Kiely has argued.
Writing in an opinion piece for Cointelegraph, Kiely...
Bitcoin Miner Hut 8 Halts BTC Sales, Remain Bullish on Price Ahead of Halving
11.10.2023
Bitcoin (BTC) miner Hut 8 produced 111 BTC in September without any sales to fund its operations as it prepares for the next halving.
The firm released its mining and production update for September with its capacity, growth, added investment, and partnerships.
Per the release, the miner holds...
Bitcoin Price Prediction: 2% Fall; Economy Booms, Fidelity Underscores BTC Role
11.10.2023
On Wednesday, Bitcoin price experienced a minor setback, with its price declining by 1.75% to trade at $27,325. This dip comes amidst a flourishing economy, suggesting that now might be an opportune moment for investors to delve deeper into the world of Bitcoin.
Notably, the stability of Bitcoin...
The next Bitcoin halving: 5 key facts & impacts you need to know
11.10.2023
In the history of events associated with digital assets, Bitcoin halving has turned out to be one of the most pivotal events that have speedily gained traction. Simply put, Bitcoin’s halving has sparked the interest of every individual pertinent to Bitcoin, the leading cryptocurrency in the world....