Bitcoin Drops by $7,000 in Minutes Bitcoin dropped as low as $47,400 in today’s trading session. Bitcoin boosted to $58,312 on Sunday, after which it dropped by $7,000 in minutes, and the market cap reduced and fell below 1 Trillion. But the price of the leading crypto bounced back to cross the $50K mark yet […]
OkCoin decided to ban Bitcoin Cash and BSV, claiming the behaviour of Craig Wright dubious. The platform cannot afford to trade these currencies anymore since it would indirectly support the atrocious approach of Bitcoin towards the crypto community. Highlighting that the falsely claimed founder of Bitcoin Craig Wright has been knocking down the Bitcoin Community […]
PMorgan Chase and co strategists claim that Bitcoin’s (BTC) price is unreasonably higher than their approximate fair value. This is why analysts think that Bitcoin, and most cryptocurrencies, have been unable to be presented as a hedge to the equities. JPM’s Opinion of Bitcoin (BTC) Changed Again JPM had been passably positive on Bitcoin (BTC) […]
EMD Capital Review The advent of the internet has come with many possibilities. Many things followed its existence, like trading the financial market and even the new digital assets. One of the basic questions a starter in the world of trading will ask is how will I get started? Trading the financial market is quite […]
Bitcoin reached an all-time high price of 51,000$ on 17th of February, 2021. Currently, Bitcoin is ranked at number 8 on Top Assets by market capitalization. And it is expected to cross the 1 Trillion mark real soon. One of the reasons for this impressive and exponential rise of Bitcoin is the big influx of […]
MicroStrategy is a company that provides business intelligence, mobile software, and cloud-based services to its users. But it has another domain of business that it deals in, which is cryptocurrency. The trend to purchase cryptocurrency such as Bitcoin is on the rise, and this means if you want to become a potential buyer, you must […]
This weak cryptocurrency has reached new milestones, such as claiming a $1.5 trillion global crypto market cap. Uniswap, the largest decentralized crypto exchange, becomes the first DEX platform to process $100 billion in cumulative trading volume. Bitcoin to Reach $50,000 On Monday, the leading digital asset dropped below $46,000 but soon recovered above $48,000. Currently, […]
Leading decentralized crypto exchange Uniswap achieves another milestone as its cumulative volume has touched the mark of $100 billion. The rise of decentralized exchanges has challenged centralized exchanges in volume and users as people want no intervention from a third party. Users want full control of their accounts and wallets and do not want a […]
The investment arm of Morgan Stanley, known as Counterpoint Global, considers adding Bitcoin to its potential assets and companies’ list. The entry of th$150 billion entity would expand the investment sphere of Bitcoin. Counterpoint Global As reported by Bloomberg, Morgan Stanley’s unit, Counterpoint Global, is planning to introduce Bitcoin to investors. However, Counterpoint Global needs […]
The national bank of Kyrgyz Republic (NBKR) wants to diminish the risk of losing money by giving licenses to cryptocurrency exchanges in the country. The initiative of the central bank will provide security and protection to investors regarding crypto investment. Exchanges will Get Licenses According to Tolkunbek Abdygulov, the chairman of National Bank of the […]
As compared to gold, Bitcoin has a lot of potential to grow, according to Bloomberg strategists. Over the last few years, crypto-inspired people have said that Bitcoin would overturn gold in the long-term. Bloomberg’s strategists have compared the top digital currency with the gold-based exchange-traded funds (ETFs). As a result of the comparison, the strategists […]
Cathie Wood, the Chief Executive Officer (CEO) of the global asset management firm Ark Investment Management has become one of those high profile personalities that have acknowledged the worth of Bitcoin (BTC), the largest crypto in the world in terms of market value. She has claimed that the first-ranked cryptocurrency is the first genuinely global […]
The crypto industry needs to be regulated, according to market leaders. MicroStrategy CEO Michael Saylor explained that regulatory clarity around the crypto industry is bullish for Bitcoin. Recently, Janet Yellen, the Treasury Secretary nominee of the newly elected US president Joe Biden said cryptocurrency is involved in illicit activities. Such type of statement from the […]
The Bitcoin dominance has touched a two-month low position as major altcoins are doing their best. Ethereum, the leading altcoin, has reached a new all-time high today. Global Crypto Market Cap Nears $1 Trillion The global crypto market is close to touching $1 trillion as major cryptocurrencies are booming. Bitcoin is not the only cryptocurrency […]
Two new studies show Bitcoin is included in the list of largest market bubbles. Investors think the top digital price would reduce in half over the year. Deutsche Bank’s survey Wealthy investors are mostly concerned from two entities, the US tech stocks and Bitcoin, because they are overpriced. Deutsche Bank’s survey takes views of wealthy […]
Bitcoin rapid price fluctuations suggest that people should think before pouring money into the cryptocurrency. Some financial experts believe one may lose money if one does not understand crypto assets before investing. On Friday, the price value of the high-flying crypto recorded $41,973. After reaching high, it then crashed by 15% on Monday, thus liquidating […]
Similar to Grayscale’s Bitcoin Trust, Osprey has launched its product known as OBTC. Grayscale’s competitor is now in the market, but we will see whether it become successful in catching the attention of wealthy investors or not. Competitor of Grayscale OBTC is an over-the-counter trust, which will function similarly to GBTC. According to the company, […]
On-chain metrics show miners have generated a lot of revenue from the ongoing Bitcoin rally- from $20,000 to above $40,000. The diversity in the mining infrastructure is a good thing for the network’s security. Record Increase in the Past Two Years Analytics firm Glassnode revealed over Twitter that “cumulative” miner revenue has crossed above $20 […]
New data shows that only whales are taking profit from the volatile price movements of Bitcoin. The BTC holdings are moving from small retailers into the wallets of millionaires. Whales are “Buying the Dip” Data analytics firm Glassnode reveals that people whose wallets contain more than 1,000 BTC are purchasing the top digital asset during […]
Bitcoin has not only attracted the attention of asset management firms but also endowments and pension funds. After the top digital asset claimed $42,000, some crypto experts claim it would attain a $1 trillion market cap soon. Allocations are Increasing Bloomberg reported that money in Bitcoin is now coming from pension funds, hedge funds, endowments, […]
