El Salvador is the first country in the world to make Bitcoin legal tender. Many analysts predict that governments will closely monitor El Salvador to see if the move is in line with its goals. Bitcoin as Legal Payment Will Soon Go Viral “History!” tweeted El Salvador’s president, Nayib Bukele, on June 9, before changing … Read more
Institutional companies are excited about the profits generated from investing in Bitcoin, as a result of which they launch new financial instruments based on the PTS. Institutions make enormous profits on BTC Payments company Square Inc easily beat Wall Street expectations for quarterly earnings on Thursday, as surging demand for Bitcoin triggered a jump in … Read more
Based on cryptocurrency market data, Ethereum flows have become more concentrated since DeFi and decentralized exchanges were established, indicating the dominance of a few insiders. Exchange flows of the two largest cryptocurrencies 53% of all Ethereum deposited on exchanges is accounted for by the top ten users, compared to 22% in Bitcoin. It sounds too … Read more
Bitcoin has been the king of cryptocurrencies for many years. Because of its price, what it represents, and the economic situation. The main question we ask ourselves is: what is its future? What lies ahead of the crypto king The future of the BTC is not easy to imagine, and to be sure of the … Read more
Decentralized Finance (DeFi) applications, especially on Ethereum, have become very popular over the past couple of years. Although Bitcoin is a global apolitical means of saving, the main idea of DeFi is to go beyond the creation of a new underlying monetary asset, and to provide a greater degree of decentralization in other areas of … Read more
After setting a new all-time high of $64,895 on April 14, Bitcoin fell to $60,811 for the first time today due to a decline in the hash power of Chinese mining pools and a ban on cryptocurrency payments proposed by the Turkish government. New Milestones for Cryptocurrencies Today, the Turkish Central Bank has introduced a … Read more
Bitcoin rose to $64,863 yesterday. Another ATH from the king of cryptocurrencies does not surprise anyone nay more If the BTC exceeds $65,000, the momentum could push it to $70,000. BTC consolidation continues According to CoinMarketRate, the price of Bitcoin has reached the highest level of value, rising to a high of $64,863. As the … Read more
Who bet on BTC in the early days: Michael Saylor didn’t, Elon Musk and Jack Dorsey didn’t. The legitimacy of BTC as a permanent financial asset has grown over time. Buying Bitcoin in 2013 was Inexpensive, but Could have Cost the Marriage of the First Bitcoiners. An immature wife or an adventurer husband? In a … Read more
According to MicroStrategy CEO Michael Saylor, Bitcoin will be the preferred method of saving for approximately one billion people. He also predicted that one day BTC will overtake gold, and reach a market capitalization of $ 100 trillion. Bitcoin is the Dominant Digital Money Network In an interview on February 23, MicroStrategy CEO Michael Saylor … Read more
Warning of a potential correction in the price of BTC, JPM analysts argue that the volatility of the asset does not allow it to be a reliable means of protection against stocks. JPM’s View on Fluctuating BTC Strategists at JPMorgan Chase & Co have warned that the price of BTC could be in bubble territory … Read more
According to a brief survey conducted by Gartner Inc, 5% of businesses are interested in investing in Bitcoin as a viable form of asset this year, and another 11% said they are ready to accept the offer by 2024. Multibillion-Dollar Industry Is Careful With Bitcoin A February Gartner Inc survey shows that 85% of respondents … Read more
Cryptocurrencies are going through a special stage, as they already enjoy the attention of large investors. They began 2021 with confidence, with a significant increase. Crypto Assets That Deserve Your Attention The bullish growth of cryptocurrencies continues to gain momentum, attracting new institutional investors, particularly when it comes to Bitcoin Between the rumors that Bitcoin … Read more
Judging by the stream of current comments about the markets, we are in the midst of a season of nonsense: individuals have purchased shares in an online gaming retailer on the recommendation of unnamed Reddit users, or people are buying cryptocurrency as a result of just Elon Musk, the world’s richest man, tweeting a cryptic … Read more
The current drop in the value of Bitcoin from the mark of more than $ 42,000, could hardly shake its bullish bias. According to the forecast of a Bloomberg analyst, the flagship cryptocurrency just took a breath, before a new ascent. BTC dominates over traditional assets In a report released on Wednesday, senior commodities strategist … Read more
According to a data update, Rothschild Investment Corporation shares have risen 24 per cent since October last year and the corporation has increased its BTC holdings. The investment company now owns 30,454 shares of Grayscale Bitcoin Trust Rothschild Investments started buying Bitcoin back in 2017 The traditional investment house acquired its first shares of the … Read more