Michael Saylor, CEO of MicroStrategy, has been an outspoken supporter of Bitcoin (BTC) since its inception. At the Australia Crypto Convention, he reaffirmed his position in favor of BTC. He further highlights the difficulties inherent in transferring the value of gold, equities, and real estate. Digital Money Has Fewer Risks Than Traditional Investments Saylor says […]
BTC has witnessed a tremendous rise in the past 24 hours as the flagship currency’s price adds over $1500. Other benefits accompanied the price increase, such as high profitability for Bitcoin investors. Over 50% Of BTC Investors Are In Profit – IntoTheBlock As per IntoTheBlock data, more than half of BTC investors are recording profit […]
Polygon bulls have remained in the driver’s seat for approximately two months as they ensured the token’s spot above the 20-50 Exponential Moving Average. Meanwhile, this recovery established a crucial bullish cross on the 20 Exponential Moving Average and the 50 Exponential Moving Average. Breaching the 4-month trend-line support gave MATIC bulls enough strength to […]
Bitcoin Could Not Get Past $24k Bitcoin has reportedly ended the month of July mainly experiencing greens. The price of Bitcoin continued moving in the upward direction. Since February of 2022, Bitcoin had not been able to climb higher at a significant rate. However, the price of Bitcoin had finally started showing signs of retracement […]
The price of Bitcoin (BTC) ended up experiencing a dip and it came down to $20,200. Bitcoin’s price dipped due to a strong selling that was nothing less than a bloodbath. A great sell-off activity was recorded for Bitcoin that was triggered by multiple institutions. Even the investment firms ended up selling Bitcoin on a […]
The first five months of the year had seen the installation of Bitcoin ATMs go down, but Coin ATM Radar Report reveals that there has been a swift recovery in this number in June. The early months of 2022 saw the number of installations fall, as only 202 new Bitcoins ATMs were installed in the […]
It’s been more than 6 months since Bitcoin hit the all-time high price of $69,000. Since then, the trading price of Bitcoin has dipped more than half of its all-time high price. Over the years, the situation of Bitcoin has turned from bad to worse. However, there are investors who have not lost their confidence […]
Crypto Miners Consume More Energy Than Agric Sectors Cryptocurrency mining is not forbidden in Russia, at the same time it is not within the coverage of the country’s law. This makes it risky business to investors. However, after the announcement of the latest electricity consumption estimate, the Russian regulators clamored for the regulation of crypto […]
The Statistics From KuCoin’s Research Lab Data from KuCoin research house showed the numbers of U.S. citizens adopting Blockchain technology continues to grow rapidly. It also revealed that both the young and adult generations are actively growing their finances daily via the crypto industry. The data also entails the statistics of users’ investment sentiment for […]
In an interview, Christine Lagarde, the head of the European Central Bank, made it quite plain where she stands concerning the value of digital assets. Head Of ECB Label Cryptos As Worthless According to a survey by Politico, the head of the ECB noted her position on crypto. The ECB head stated that digital assets […]
UK cryptocurrency market regulators are currently investigating Terra’s plunge. It began amid the recent cryptocurrency market massacre. The leading cryptocurrency in the market, BTC, fell as low as $26,000 during the market downturn. At the same time, Terra fell by about 100%. Terra’s Meltdown Under Investigation as UK regulators Consider New Crypto Rules While regulators […]
The Situation at Hand The drastic drop and decline that befell the digital asset market last few weeks have left a mark on the users and investors of crypto, with crypto coins and other assets experiencing their lowest of lows and even stablecoins being affected, it’s no surprise that both old and new investor is […]
Nubank Invests In Bitcoin According to a statement released by the firm on Wednesday, Nubank, which is the biggest online bank in Brazil, is now enabling users to purchase, trade, and keep BTC through its phone app. Additionally, the financial technology business will invest 1% of its shares in BTC through its mother company, Nu […]
With the chaos in the cryptocurrency market this year, it’s a surprise that a certain coin is still able to make money while others like bitcoin and Luna are making considerable losses and finding it hard to get out of the situation in which they find themselves. Considering this is just the first Quartile, the […]
The founders of Bitmex were fined $30M for unlawfully running a BTC derivatives trading platform and anti-money laundering offenses, according to the court. Arthur Hayes, Samuel Reed, and Benjamin Delo all have to pay $10M. The Founders of Bitmex Have Been Fined $30M For running an unlawful bitcoin derivative trading platform and anti-money laundering offenses, […]
Mode application relaunched its affiliate program, allowing customers to earn 12% rewards in Bitcoin on qualified online transactions via the company’s app. Existing customers were limited to 5% cashback when it was newly introduced, while new users were given a one-time 10% cashback incentive. Furthermore, the company’s Bitcoin rewards program has been revamped with a […]
Investing firm, 21Shares, is preparing to establish an ETP that will monitor both BTC and Gold prices. ETPs will start to trade on the SIX Swiss Exchange as soon as this week is over. Digital asset management Bytree and cryptocurrency exchange 21Shares have collaborated on an ETP named the BOLD ETP. BTC and Gold are […]
Cuban Central Bank is the latest regulator to issue guidelines on how businesses and VASPs can obtain crypto licenses to operate within the jurisdiction. According to the announcement made in the country’s official newspaper, those who want to trade virtual currencies or operate a crypto-based business are mandated to obtain a minimum of one-year validity […]
In recent years, the crypto community have only heard that the CEO of MicroStrategy, Michael Saylor, is actively purchasing Bitcoins. However, a recent report claims that Mr. Saylor may be unloading thousands of Bitcoins secretly. A report by BTC critic Mr. Whale claims that Saylor had been selling his crypto holdings for months despite advising […]
Several crypto investors are flocking to El Salvador, the only country so far to legalize the BTC use for transactions. While the use of bitcoin is quite attractive, that is not a strong enough reason to capture the attention of the skyrocketing number of crypto investors in the jurisdiction. Based on findings, the main reason […]
