Crypto analytics firm SFOX has it that the Fear of Missing out (FOMO) buying that recently saw the price of Bitcoin hit 2019 highs of above $9,000, has run out of steam. While the price of BTC has been on…
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Former Coinbase CTO: Bitcoin will Conquer Wall Street
Former Coinbase executive Balaji Srinivasan is of the opinion that Bitcoin will in the future disrupt the entire tech industry, Wall Street, and Silicon Valley. Despite his surprise exit from Coinbase last month, he remains a firm Bitcoin bull, and…
Popular Finance Writer: Bitcoin is for Suckers
Popular finance writer Lawrence Meyers argues that Bitcoin is for suckers, in a post that has been shared widely and disturbed a lot of crypto enthusiasts. He starts off by saying that there are many reasons why Bitcoin is one…
Unpacking Bitcoin’s latest price slump
With all the excitement after Bitcoin hit a 2019 high of $9,000, it quickly went through a dramatic correction that saw the cryptocurrency fall back to $8,200. The sudden rally that saw Bitcoin surge to $9,000 is explained by top…
Myanmar Central Bank moves to tame Country’s Bitcoin Thirst
The attractive developing country of Myanmar could be on the verge of losing about $5.8 Billion in foreign direct investments following their anti-Bitcoin and other crypto-currencies stance. Myanmar is hinting at a possible blackballing of Bitcoin, a crypto-currency that has…
Survey: Americans Above age 65 are well aware of Bitcoin
A new survey by Blockchain capital shows that 11% of American adults are holding onto Bitcoin. This is indeed encouraging news since it represents a significant improvement compared to recent years. The percentages of American Bitcoin Holders were broken down…
Bitcoin (BTC) Surging Above 6,300$: Potential Reasons Behind the Top Crypto Rebound
Bitcoin (BTC), still the top-ranked cryptocurrency, managed to land a major rebound during the last several days, which provided BTC with 16.7%. Moreover, on May 10th, Bitcoin is still rising by over 5%, representing a definite top gainer on the…
Bitcoin tops Google and Baidu searches for the first time since November
The latest crypto surge has animated the crypto community in ways last seen back in 2017. The surge which has largely been led by the largest crypto-currency by market cap Bitcoin has many enthusiasts thinking if this trend will last…
Venezuelans increasingly look to crypto, as Local Bolivar is rendered Almost Valueless
As has been reported by several news outlets, Venezuelan citizens are increasingly turning to digital assets such as Bitcoin as an alternative to the Venezuelan Bolivar. This off course has been precipitated by the rendering of the Bolivar almost valueless…
“Bitcoin is a Delusion”, says Warren Buffett
All the crypto enthusiast’s that were doing victory laps after heavy Bitcoin endorsements from traditional technology powerhouses such as IBM, and financial giants like JPMorgan; were taken aback by Warren Buffett’s recent comments about Bitcoin. The Billionaire investor doubled down…