Brazil’s Nubank now supports Bitcoin, Ether, SOL transactions
Nubank, Brazil’s powerhouse in digital banking, has stepped up its game, enabling its customers to handle Bitcoin, Ethereum, and Solana transactions through its app. This new functionality covers both deposits and withdrawals, positioning Nubank as a major player in the cryptocurrency integration within banking services. Full Crypto Transaction Capability Now Live Effective immediately, users of […]
Bitcoin’s hash power dominance questioned by Ripple’s David Schwartz
Ripple’s CTO, David Schwartz, challenges the notion that the name of Bitcoin and network owners are part of Bitcoin’s properties. He bases his criticism on the that whoever has the majority of hash power is entitled to the naming rights of cryptocurrency. David Schwartz on hash Power, Bitcoin’s identity and governance David Schwartz commented on […]
Unveiled insights: Satoshi Nakamoto’s ideological Bitcoin vision
Shedding some new light on Bitcoin’s early days, an early contributor to the Bitcoin community, Martti Malmi, has created an undisclosed email collection received from Satoshi Nakamoto. The emails open a window into Nakamoto’s ideological understanding of Bitcoin as a payment system channel. Nakamoto’s view of what Bitcoin could do for humankind Another important piece […]
Market dynamics shift as Bitcoin ETF competition heats up, Bitwise CEO claims
While Hunter Horsley, the CEO of Bitwise, has predicted the likelihood of asset managers increasing their Bitcoin (BTC) exchange-traded fund (ETF) holdings, he has simultaneously stated that he is totally unfazed by the demise of the Grayscale Bitcoin Trust. It is a good time, especially when Bitcoin ETFs are becoming even more popular. The rise […]
Bitcoin dips under $60,000 amid worsening Middle East crisis
The price of Bitcoin has been plagued by volatility over the last few weeks. Recently, the price of the asset dropped under its critical support level of $60,000 seeing a loss of about 5%. The volatile movement has been the talk of the crypto sector especially with some analysts attributing it to the escalating tensions in the Middle East. Bitcoin experiences a massive drop The […]
Bitcoin price sparks debate among analysts as halving nears
Bitcoin’s volatility has become a major source of discussion in the cryptocurrency market as the upcoming halving draws closer. This volatility has made it very difficult for analysts in the market to predict where the price will land post-halving. However, there have been some analysts who have tried to predict where the price of the flagship cryptocurrency will go. Bitcoin […]
Bitcoin hodlers sent $1.7 billion to accumulation wallets
Leading cryptocurrency Bitcoin has experienced volatile movements over the last few weeks. Despite its volatility, staunch holders of the asset recently added about $1.7 billion worth of Bitcoin to wallet addresses used for accumulation. The holdlers of the asset made these significant deposits in a day when the asset saw a decline to trade under $63,000. Bitcoin records boost in accumulator wallet deposits According […]
Financial analyst Peter Schiff criticizes Bitcoin’s stability as Gold soars
Economist Peter Schiff illustrated the negative side of Bitcoin’s stability with a warning that this could lead to a sharp decline in its market values. Schiff, as per his observations, shows that even the present streak of Bitcoin with the inability to hold $60,000 indicates that the “fringe crypto narrative/idea” is about to end. Meanwhile, […]
Is Bitcoin at risk of becoming centralized? – Let’s see
Bitcoin’s on the brink of a big event this week, as the reward for mining the cryptocurrency is about to get sliced in half. Previously, miners received 900 bitcoins daily, but come this Friday, that number will plummet to just 450. This is a scheduled event that happens every four years, designed to keep inflation […]
Craig Wright drops lawsuit against Bitcoin developers after Judge’s ruling
The computer scientist who has long asserted that he is the pseudonymous creator of Bitcoin is dropping his lawsuit against Bitcoin developers. According to the Eggcoin Legal Defense Fund, Craig Wright, who has long asserted that he is the real Satoshi Nakamoto, has dropped his case against the 12 Bitcoin developers and other persons he […]
Anthony Pompliano tips Bitcoin for post-halving success
There have been so many predictions about Bitcoin over the last couple of weeks, with the upcoming halving. While some believe that the asset will find it hard to hit a new high, others like Pomp Investment founder Anthony Pompliano are backing it to go all the way. According to his statement, the sound monetary […]
Crypto.com CEO discusses Bitcoin sell-off before halving
Bitcoin’s halving in May, which is anticipated to impact how the market behaves, is topical at the moment, as Kris Marszalek, the chief executive officer of Crypto.com, has outlined. Marszalek agreed with Bloomberg media, saying that the cryptocurrency could witness a sell-off before the event. As was stated by him, however, this conveyance of “buy-the-rumor, […]
Bitcoin investors brace for potential price correction
According to 10X Research founder Markus Thielen claims that the crypto market could be adjusting on “a crucial tipping point’’ and experiencing a potential price correction. Inflation as primary price trigger Markus Thielen noted that the primary trigger is the unexpected and persistent inflation. With the bond market now projecting less than three cuts and […]
Upcoming Bitcoin halving fuels bullish outlook
The upcoming Bitcoin halving, so very close, cannot fail to offer tremendous opportunities for the supply of Bitcoin on cryptocurrency exchanges, making its shortage more prominent. According to a report by Bybit, exchange reserves could very well be depleted in nine months, considering Bitcoin supply issuance was reduced by 50% and ETF demand for it […]
Bitcoin miner reawakens wallet, transfers $3.3 Million
Today, a remarkable transaction was one of the earlier deals; the value was estimated at 50 Bitcoins; this amount is equivalent to $3.3 million. Being mined in April 2010, these coins were asleep for around 14 years. The fling implies initiatives like wallet consolidation or readiness for sale by one of the early Bitcoin miners. […]
Will Bitcoin pump after halving? Analysts look at an additional $1T market cap
Over the weekend, there was a minor correction in the crypto market, led by Bitcoin, resulting in a decrease in the global market cap to $2.48 trillion. One possible explanation for the correction could be the significant rise in inflation rates in the United States, coupled with the escalating tensions between Iran and Israel on […]
Satoshi Era Bitcoin moves after 14 years of inactivity
A well-known crypto tracker, Whale Alert, has recently shared news about an intriguing whale. This particular whale had remained inactive since the era of Satoshi Nakamoto but has now come to life, holding a substantial amount of Bitcoin worth millions of US dollars. After Bitcoin experienced a significant drop on Saturday and made a partial […]
Bitcoin and Ethereum prices recover in what could be the last market correction before BTC halving
The crypto market saw a massive correction over the weekend, starting with a red Friday and followed by a Saturday massacre. Bitcoin had one of its worst weekends in a long time. However, it has managed to recover some ground and now trades slightly above $66,000. While the reasons for the crash are still debatable, […]
Bitcoin market dominance skyrockets as price dip threatens altcoins
Bitcoin market cap dominance has hit a new high level that it last witnessed three years ago. Consequently, altcoins are feeling the pressure of this new feat on their prices. According to data from TradingView, BTC hit 56.3% in the share of the entire cryptocurrency market cap. Coming into the weekend, the price of BTC […]
Bitcoin joins the retirement plans options table – What’s your plan
April 2024 is here, and so is the Bitcoin halving. Since the likes of BlackRock and Vanguard invested in Bitcoin Exchange Traded Funds (ETFs), BTC has found a new path into Wall Street. That new path has brought about the conversation on retirement plans. The current bull run has birthed a growing agreement that BTC […]
Robert Kiyosaki critiques Bitcoin ETFs, prefers direct Control
According to a X post, Robert Kiyosaki, the author of the “Rich Dad Poor Dad” has questioned the appeal of spot Bitcoin ETFs. Among these ideas, was a comment that he chose to own assets directly. His perspective argues against the traditional Wall Street investment instruments. Kiyosaki argues in favor of holding the gold and […]
Bitcoin Layer 2 technologies garner attention amidst criticism and optimism
Bitcoin Layer 2 solutions this year have had quite a rave but they have also received their share of the shares of criticism. Mempool founder Mononaut has ranged in his criticism and highlighted a number of technical aspects that are wise to keep in mind. A rather curious thing is that the same individual who […]
Analysts predict Bitcoin Boom as new investors flood the market
Analysts’ recollection of past bull runs is what channels hope for a possible price hike in Bitcoin. According to the latest figures from CryptoQuant, an on-chain analysis firm, fresh buying from these recent buyers could be a prelude to an impending market top—as was the case in the past with 2017 and 2021. Market dynamics […]
Robert Kiyosaki backs Wood’s $1 million Bitcoin forecast
Recently, in a social media post, Robert Kiyosaki backed Cathie Wood’s ambitious Bitcoin. Wood, chief executive of Ark Invest, the firm that directly handles Bitcoin futures and offers various crypto funds, expects the Bitcoin price to reach $2.6 billion. This presentation was included in the yearly reporting pack called “Big Decision.” The projections of the […]
Just In: Hong Kong set to introduce four spot Bitcoin ETFs this April
The Securities Regulatory Commission of Hong Kong (SFC) is reportedly speeding up the approval of the very first batch of spot Bitcoin exchange-traded funds (ETFs). According to local news agency Tencent News, the SFC will approve four such ETFs by April 15. This is a big step in the world’s crypto investing landscape, and today, […]
Mezo Initiative: Enhancing Bitcoin Usability and Adoption
In a statement that can transcend Bitcoin, Mezo, a new initiative by Thesis, has been just announced. It aims at making Bitcoin broader users either by geography, assets or expectations. The upgrade of the Lightning Network is supposed to, at least partly, tackle some of the long-standing problems that have stopped the bitcoin adoption in […]
Japan Metaplanet joins the Bitcoin trend with a $6.5 million investment
Meta planet, the publicly listed Japanese investment firm that has a focus on Web3 and metaverse portfolio ventures, has made a move that clearly undermined the growing adoption of cryptocurrencies in the mainstream world of finance. The firm specifically stated that they will add Bitcoin as a permanent asset in the treasury, the investor will […]
Bitcoin ETF flows surge ahead of halving event
Spot Bitcoin exchange-traded fund (ETF) flows are likely to remain high until Bitcoin halving later this month, according to on-chain analytics firm Santiment. Recent Bitcoin ETF inflows signal investor confidence Blockchain Data’s company team sees that volumes for Bitcoin ETF remain constant after this particular asset climbs to an all-time high in mid-March. They claim: […]
Analyst predicts Bitcoin price could double following technical indicator
The crypto investors have been wrought in attention of an analysis that has been about Bitcoin (BTC), the main coin in cryptocurrency. The analysis bearing an overwhelmingly bullish signal revealed that the price coin might probably double in July. The positive outlook is led by Bollinger Bands indicator , a renowned technical analysis’ tool , […]
Bitcoin eyes strong weekly close, hinting at broader crypto uptrend
Bitcoin (BTC) outperformed the expected direction and rose to $70,000 mark on weekend. This action has been taking place as the cryptocurrency prepares for a weekly candle, which is triggering a reversal with respect to the major market participants. The Trading View revealed a proficient leap of $69,000, Bitcoin almost conquered local frontiers of $69,781 […]
Robert Kiyosaki predicts decade of market downturns
Robert Kiyosaki, the famed American author of best-selling books on personal finance and the author of ‘Rich Dad, Poor Dad,’ has donned a weary look and uttered a message of dire warning: “The Robots are coming!” He argues that stocks, bonds, and real estate in U.S. are on an “everything bubble”, and they were only […]
Costa Rica debates legal use of Bitcoin for daily transactions
Costa Rica is already involved in debates on the legality of Bitcoin and other cryptocurrencies and their daily usage. This evolution of the payment system is an indicator of the wider world’s growing openness to cryptocurrencies as a valid payment method. JAN3, a company in the Bitcoin technology industry, recently mentioned that Costa Rica has […]
Bitcoin.org owner predicts a great divide in the Bitcoin community
Pseudonymous owner and operator of the Bitcoin.org website Cobra has predicted the incidents that will take place concerning BTC very soon. According to his post on X, Cobra claimed that a great divide will plague the community. He clarified that there would be two sets of people trying to determine what happens next with Bitcoin. […]
Genesis sells GBTC Shares for 32,041 Bitcoins Amid bankruptcy
Genesis, a crypto lending company that went under bankruptcy, has sold its Grayscale Bitcoin Trust (GBTC) shares, and with the proceeds it purchased 32,041 bitcoins, according to a Bloomberg report on Friday. Repaying creditors The sale of GBTC shares transaction was completed on April 2, as per the report. Genesis was given the green light […]
El Salvador celebrates first Bitcoin diploma graduates
El Salvador marked a historic event on April 2nd, 2024 when the country honored a graduating class in the “Bitcoin diploma” program. The 2022 initiative, organized by the non-profit organization Mi Primer Bitcoin, seeks to instill Salvadorans with vital understanding and practical skills in Bitcoin. The development of the program was prompted by the country’s […]
Gold hits all-time high as goldbugs resume BTC bashing
Spot Gold has hit a new all-time high of $2,304 per ounce as its investors resume their usual trashing of the leading digital asset Bitcoin. This update is coming at a time when the United States Federal Reserve is making plans to cut the rate as inflation levels remain above the central bank’s target. According […]
ARKB Bitcoin ETF faces record outflow amid market volatility
Ark Invest’s 21Shares Bitcoin ETF (ARKB) experienced a significant net outflow of $87.5 million on Tuesday. This marks the highest single-day outflow for the fund since its inception, as per data from SoSoValue. This event surpassed the outflows of Grayscale’s GBTC, which saw $81.9 million withdrawn on the same day. Prior to this, ARKB had […]
US Bitcoin sales could benefit investors, says Adam Back
The CEO of Blockstream, Adam Back, has recently talked about the US government’s decision to sell some of its bitcoins. On X, he proposed that this action would be good for long-term Bitcoin investors and HODLers. HODLers are people who keep their investment in cryptocurrency through market fluctuations to profit from long-term value appreciation. Back’s […]
Bitcoin expert Max Keiser challenges Argentina’s crypto approach
Max Keiser, an adviser to El Salvador’s President Nayib Bukele on Bitcoin questions, made a recent attack on the position of Argentine President Javier Milei on cryptocurrency. Keiser claims that Milei’s economic prescriptions are a “rookie mistake” in that they lump Bitcoin together with all the other cryptocurrencies. This comment is made in times when […]
Federal Reserve CEO Critiques Bitcoin, Sparks Debate
Whether the bitcoin is the ‘ideal dollar’ compared to the normal dollar has been reopened as new details led by Neel Kashkari, the President and Chief Executive Officer of the Federal Reserve Bank of Minneapolis, came up. The closing note also expressed great support for the world’s main cryptocurrency, which was now quickly gaining momentum. […]
