By Google Search rates, Nigerians are more interested in Bitcoin than any other nation

The country with the largest population in Africa seems to be housing a large number of residents whose interest in cryptocurrencies is comparable to none. The giant of Africa seems to be on its way to becoming the giant of Bitcoin in Africa, as Nigeria ranks number one in the search rate of Bitcoin by… Continue reading By Google Search rates, Nigerians are more interested in Bitcoin than any other nation

The NVT Bitcoin price metric has just hit the most bullish spot, now points to $100,000

The Bitcoin market might just be in the middle of a cryptic tunnel as on-chain metrics continue to contradict the current bearish wave. The Bitcoin market is poised to reclaim previous levels and even possibly go past a new all-time high. But much more than this is a bullish season ahead for the market. The… Continue reading The NVT Bitcoin price metric has just hit the most bullish spot, now points to $100,000

JPMorgan Launching A Bitcoin Fund For Its Clients As Soon As This Summer Proves Two Things

JPMorgan Chase & Co.,the largest bank in the United States and one of the largest banks in the world is reportedly launching a bitcoin-dedicated fund for its rich clients as soon as this summer. JPMorgan Finally Joins Bitcoin Institutional Adopters As bitcoin continues to evolve as a premier deflationary hedge, traditional financial institutions continue to… Continue reading JPMorgan Launching A Bitcoin Fund For Its Clients As Soon As This Summer Proves Two Things

Bitcoin can effectively prolong its bull run in two ways, but they are both bearish

In the cryptocurrency market, there is an ironic pattern to how prices rise and drop. Digital currencies like Bitcoin may sometimes need to take an unconventional path in order to recoup and hit new price spots. If the bull run is to continue for much longer, then this could be the pathway the flagship cryptocurrency… Continue reading Bitcoin can effectively prolong its bull run in two ways, but they are both bearish

A Glimpse Into The Future Of Bitcoin At $200,000

As of publication, Bitcoin is valued at $49,548, more under its $64k all-time high. The mild bear trend had done little to dissuade analysts from postulating bullish think pieces on the future of Bitcoin. The general consensus among industry players, which is backed by many fundamental metrics, is that Bitcoin will at least close the… Continue reading A Glimpse Into The Future Of Bitcoin At $200,000

Biden's Tax Plan Could be Bullish for Ethereum but Bearish for Bitcoin

Joe Biden, the United States president, is reportedly in the process of proposing a tax law targeted at the wealthiest Americans. The news surfaced at a bad time for cryptocurrency investors who are not exactly in their happiest of moods, and rightfully so. The top marginal rate will be increased following the implementation of the… Continue reading Biden's Tax Plan Could be Bullish for Ethereum but Bearish for Bitcoin

Why One Expert Believes Bitcoin Will Hit $30,000 Next After Plunge Below $50,000

The price of bitcoin has fallen below $50,000 for the first time since early March. The dominant cryptocurrency has been one of the top performers of the year but has seen a brutal sell-off this week. The big question on crypto investors’ lips is whether this is a good buying opportunity or if it’s the… Continue reading Why One Expert Believes Bitcoin Will Hit $30,000 Next After Plunge Below $50,000

Trader Who Correctly Called Latest Vicious Bitcoin Sell-Off Now Sees Imminent Upsurge To $70,000

Macro trader Loma had previously forecast that BTC would trap bulls with a fake breakout in the run-up to Coinbase’s blockbuster direct listing on Nasdaq, a prediction that came true recently as bitcoin crashed. Bitcoin had a depressive weekend session as the crypto violently crashed to $52,000, resulting in a wave of liquidations in the… Continue reading Trader Who Correctly Called Latest Vicious Bitcoin Sell-Off Now Sees Imminent Upsurge To $70,000

Industry Players Predict Singapore Will Be The First Country To Fully Embrace Bitcoin

Singapore may become the first Asian country to fully adopt Bitcoin. This is according to industry players in the cryptocurrency community who are objectively analyzing the possibilities. The idea of a country, any at all, fully accepting Bitcoin is a complex topic when the odds are fully considered. To completely adopt Bitcoin may mean different… Continue reading Industry Players Predict Singapore Will Be The First Country To Fully Embrace Bitcoin

Bitcoin Is Exhibiting Both Bullish And Bearish Signals – Which Side Wins? Analyst Tells

Barely a day after bitcoin reclaimed $60k but still failed to maintain it, to trade lower around $59,847 at press time, analysts are now expressing different views about the top digital asset’s next move. At this point, bitcoin’s charts reveal both bullish and bearish signals, based on its past history, according to crypto technician ‘Byzantine… Continue reading Bitcoin Is Exhibiting Both Bullish And Bearish Signals – Which Side Wins? Analyst Tells

Maturation and Adoption of Bitcoin to Continue at a Rapid Pace

The head of Fidelity Digital Assets, Tom Jessop, recently affirmed that the adoption, as well as the maturation of cryptocurrencies alongside the inclusion of digital assets under a class of potential investments, is undoubtedly expected to increase within the coming years. This could be the indication that cryptocurrency as a whole may have finally convinced… Continue reading Maturation and Adoption of Bitcoin to Continue at a Rapid Pace

HSBC Allegedly Drops MicroStrategy's Stocks Shortly After Banning Bitcoin Purchases

HSBC is the latest bank to give red lights to Bitcoin, as it recently stopped its customers from buying MicroStrategy’s (MSTR) stocks on HSBC InvestDirect (HIDC); its online trading channel. The UK-based firm, one of the largest in its fields with total assets of US$2.715 trillion had reportedly stopped users from trading in products relating… Continue reading HSBC Allegedly Drops MicroStrategy's Stocks Shortly After Banning Bitcoin Purchases

One Of America's Largest Real Estate Company Has Invested In Bitcoin

California-based real estate giant Caruso Properties has decided to jump on the growing cryptocurrency roller coaster as it now accepts Bitcoin as payment for rent on its properties across the United States, further adding the virtual asset to its balance sheet. The American real estate corporation founded and chaired by Rick Caruso, days back, revealed… Continue reading One Of America's Largest Real Estate Company Has Invested In Bitcoin

$48B Asset Manager Millennium Management Dabbles With Bitcoin

In May 2020, Wall Street veteran Paul Tudor Jones set off a bitcoin buying frenzy when he revealed that he was investing in BTC as a hedge against the great inflation he predicts will come from the money printing sprees that policymakers are undertaking to buoy the economy in the wake of the COVID-19 crisis.… Continue reading $48B Asset Manager Millennium Management Dabbles With Bitcoin

MicroStrategy continues Bitcoin accumulation marathon, buys $15 million worth of Bitcoin

Apparently, the act of continuously accumulating Bitcoin is a practice that the software intelligence firm MicroStrategy has made a tradition. The company has just bought 253 Bitcoins, which is worth $15 million at press time, at an average price of $59,339. This brings the company’s total Bitcoin holdings to 91,579, which was acquired for $2.226… Continue reading MicroStrategy continues Bitcoin accumulation marathon, buys $15 million worth of Bitcoin

Miner Selling Pressure Drops. Analyst Predicts Bitcoin Supply Crisis Underway

Fundamental factors carrying Bitcoin through the rally are increasing. From old-time buyers halting traditional sales patterns, to institutions accumulating more Bitcoin, the market is poised to move with more vim. Other key players in the market are Bitcoin miners, who have recently stopped selling their Bitcoins. Bitcoin miners reportedly desisted Bitcoin sales and began stacking… Continue reading Miner Selling Pressure Drops. Analyst Predicts Bitcoin Supply Crisis Underway

NBA’s Sacramento Kings Makes History By Being First Professional Sports Team To Offer Players Salaries In Bitcoin

Vivek Ranadivé, chairman and CEO of Sacramento Kings, announced on Monday that all their players and staff now have the option to choose to get their salaries paid in bitcoin rather than USD. This move will make the NBA franchise the first pro sports team to offer bitcoin salaries. Bitcoin Makes Its Way To The… Continue reading NBA’s Sacramento Kings Makes History By Being First Professional Sports Team To Offer Players Salaries In Bitcoin

No Fiat Conversion: Why Businesses Are Increasingly Choosing To Retain Bitcoin

Mainstream firms entering the Bitcoin market have begun to adopt the option of storing their assets in Bitcoin and boycotting the option of converting to fiat. Some of these businesses include Tesla, and most recently Oakland Athletics Suite Payment services. Both of these businesses are accepting Bitcoin payments from their consumer base, and have declared… Continue reading No Fiat Conversion: Why Businesses Are Increasingly Choosing To Retain Bitcoin

The Incredible Difference Between Current Bitcoin Rally And That Of 2017

The cryptocurrency market has grown tremendously since the last notable Bitcoin bull run in 2017. As brought to Crypto-Twitter’s notice by analyst Joseph Young, there’s a long list of differences between Bitcoin’s rally in 2017, and the present bull run that began in 2020, which has now brought the market to its current state. The… Continue reading The Incredible Difference Between Current Bitcoin Rally And That Of 2017

Next Few Days Crucial For Bitcoin As Historic Month Beckons

Bitcoin is set to end the month strong and go into April even stronger. Historically, April has been a bullish month for Bitcoin and all metrics point to this one being yet another big conquest for the digital asset. Just days to the end of what has been a flat month, Bitcoin is on the… Continue reading Next Few Days Crucial For Bitcoin As Historic Month Beckons

Why Whales' Movements Have Yet to Fully Reflect on Bitcoin's Price Action

It is valid to be confused by the pace at which Bitcoin’s price is accelerating, despite whale activities intensifying over the past months. While it’s commendable that Bitcoin’s price has doubled since entering the new year, concerns as to why whale movements aren’t reflecting entirely on Bitcoin’s value are valid. For clarification, an on-chain intern… Continue reading Why Whales' Movements Have Yet to Fully Reflect on Bitcoin's Price Action

Why Many Billionaire Baby Boomers Aren't Buying Bitcoin

Over the years, the rate of acceptance of Bitcoin has varied from generation to generation. Out of the five existing generations, Baby Boomers have been torn between fully accepting Bitcoin or ditching it entirely. These age groups (57-75) reportedly have the highest net worth, with an average of $1.22 million in the United States, as… Continue reading Why Many Billionaire Baby Boomers Aren't Buying Bitcoin

Pundits Explain Why Ethereum Toppling Bitcoin May Never Happen

Upgrading the Ethereum network from its current state to the 2.0 version is an event that the entire cryptocurrency community looks forward to, for very valid reasons. First, the change in Ethereum’s highly congested network is expected to lead to a reduction in clogging, a reduction in fee charges, and a higher transaction processing speed,… Continue reading Pundits Explain Why Ethereum Toppling Bitcoin May Never Happen

CoinGecko's COO Expects Bitcoin To Reach $100k With These Factors In Play

Bobby Ong, CoinGecko’s chief operating officer believes Bitcoin price is set to hit $100K and beyond by the end of this year. The number one digital asset recently hit an all-time high price of $61,711.87 and has a market cap of above $1 trillion. The $100K price tag on BTC is inevitable, and it’s a… Continue reading CoinGecko's COO Expects Bitcoin To Reach $100k With These Factors In Play