After reaching a new all-time high price at the beginning of the year, Bitcoin (BTC) went down below the value of 19,000$ and 18,000$ for a brief on several occasions. Fluctuations in value are a common case in trend reversals,…
Bitcoin Prices Surge as ADA Predict a 30% Change with Network Upgrade.
Bitcoin’s latest price rise may be at least partially due to Chinese miners trying to trade their crypto for money in the face of a government crackdown on local exchanges, culminating in a supply shortage. “The lack of supply has…
Ethereum (ETH) Price Prediction: Price Forecast for ETH in 2020 and 2021
Months after announcing Ethereum 2.0, the team behind the second-largest crypto finally released the first stage of the biggest upgrade to the network since Ethereum was initially created and launched. The first step towards transitioning to Proof of Stake protocol,…
Former PBoC Head: China has no Plans to Replace the US Dollar
A former People’s Bank of China governor has said that the country has no intention to replace the US dollar with the digital Yuan it’s working on. The former PBoC governor and current head of the Chinese Finance Association, said…
FinCEN Allows Banks to Exchange Customer Information
Financial firms, ranging from banks to cryptocurrency exchanges, are urged by a U.S. body that battles financial fraud to share consumer data to catch wrongdoers. A fact sheet was released Thursday by the Financial Crimes Enforcement Network (FinCEN), a Treasury…
WILL Machines Max Out The 100 Megawatt Montana Facility? Marathon Purchases 10,000 Bitcoin Miners
Marathon Patent Company, Inc. (NASDAQ: MARA) has once again collaborated with Bitmain to buy another 10,000 bitcoin miners for the application-specific integrated circuit (ASIC). Marathon also noted that in addition to the recent acquisition, it is still expanding its activities…
MassMutual Buys $100M in Bitcoin, Bets on Institutional Adoption With $5M NYDIG Stake
With a $100 million stake in bitcoin and a $5 million share in shares in NYDIG, Massachusetts Mutual Life Insurance Co. is getting into the institutional bitcoin game. MassMutual, which has been operating since 1851, has poured cash into the…
Bitcoin Price Prediction: Bitcoin (BTC) Price Forecast 2020 and 2021
Bitcoin made it to its all-time high on December 1st, 2020, reaching 19,799$ in a major bull run. The bull run was most possibly triggered by the post-halving momentum. The mining rewards for BTC are reduced by half to 6.25…
Ray Dalio: Bitcoin has a place in Investors Portfolio
Bridgewater Associates, and the founder of the world’s largest hedge fund, Ray Dalio, gave a more optimistic outlook on bitcoin than his remarks that made headlines last month. He compared Bitcoin to gold and said that as a store of…
Weekly Market Report for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple’s XRP
Since making it to a new all-time high, Bitcoin had more than several price fluctuations, currently trading below the value of 18,000$, and finding new support levels at 17,500$ with the recent price correction. How are other cryptos, such as…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
