Slush Pool inscribes Reuters Bitcoin ATH headline on BTC blockchain
TL:DR Breakdown: Slush pool added a headline from Reuters to a recent Bitcoin block. The publication explained Bitcoin’s historic rise to new ATH, while the dollar noted more decline in value. The leading digital currency, Bitcoin (BTC), began posting tremendous growth at the end of September. In recent days, the cryptocurrency slightly surpassed its all-time […]
Litecoin: an easier mining solution to Bitcoin
Litecoin: an easier mining solution to Bitcoin Mining LTC or any cryptocurrency is a thrill for people who enjoy solving mathematical problems. Cryptocurrency is a consequence of the technological world. There is nothing that could be more exciting than participating in the world of the innovative digital token. Supporting the crypto cause is fulfilling because […]
How does Bitcoin compare to other investments?
Bitcoin has been performing well, and it has consistently climbed its way to the top among cryptocurrencies over the past 12 years. Of course, Bitcoin had a head start as it was the first cryptocurrency to launch, but Bitcoin is still an investment option amongst many others. A good investor is always looking to make […]
Active Bitcoin addresses reached third-highest in November
TL:DR Breakdown: Active Bitcoin addresses totaled nearly 19.6 million in the past month alone, according to Glassnode. BTC addresses usually get active in sending and receiving funds when the crypto makes huge runs in price. The number of active Bitcoin addresses has been growing accordingly, following the leading cryptocurrency’s rising price by market capitalization. Bitcoin […]
Bitcoin price prediction: we don’t want a lot for Christmas – all we want is $20,000
TL:DR Breakdown Bearish Bitcoin price prediction unfolds as BTC sees dip to lows of $18,000 Volatile fluctuations seen as bullish trend reaches for $20,000 Support level found at $18,000 Approximate four percent fluctuation above and below opening price seen throughout the day Bitcoin price prediction: Striving for the $20,000 mark – Bitcoin misses by just […]
How finite is Bitcoin?
The Future Wyoming Senator has praised Bitcoin on ABC as a great store of money due to its finite supply. The senator loved how limited the coin was so much that she declared that it could be a good reserve currency better than the one the USA uses. Many see BTC as a great storer […]
Coinbase records new Bitcoin ATH at $19,900
TL:DR Breakdown: Coinbase has recorded a new Bitcoin ATH at over $19,900 As BTC continues to surge in price, analysts predict that there will be volatility along the line. On Monday, the leading cryptocurrency Bitcoin (BTC) slightly surged above its previous all-time high (ATH) on several crypto exchanges, setting another milestone record for this year […]
Chinese Bitcoin miners in Yunnan has been banned for power supply
TL:DR Breakdown: Bitcoin miners in Baoshan, Yunnan, have been banned from receiving power supply from energy companies. The source says it is more demand for economic interest by the authorities. A recent report from the popular Chinese crypto reporter, Wu Blockchain, informed that the authorities in the Yunnan province of China had been ordered power […]
Bitcoin success is not helping the other crypto industry coins
Bitcoin success means celebrations are underway because Bitcoin managed to top its 2017 record of $19,781.21 by attaining a $19,808 in the day. The coin has been showing a lot of bullish momentum, leaving many excited to reap their profits. It is no surprise that Bitcoin, 12 years in, is regarded as the leading crypto […]
Bitcoin mining difficulty nears ATH after nearly 9% increase in latest adjustment
TL:DR Breakdown: Bitcoin mining difficulty increased by nearly nine percent in the latest adjustment on Sunday. Currently, the mining difficulty is about five percent away from reaching the highest point. Bitcoin mining difficulty is nearing its all-time high (ATH) following the latest adjustment posted on November 30. The difficulty is about five percent away from […]
Bitcoin publicity strategy
Bitcoin has the goal to replace the fiat currency which is a big one, and it is one that cannot be met without a good campaign strategy. No one knows who is running the Bitcoin operation and if they are dead or alive, so who knows if Bitcoin even has a publicity team. Earlier this […]
Why Ethereum is more Gen z than Bitcoin
It is no surprise that Ethereum has the potential to appeal to the future generation because the inventor Vitalik Buterin was 21 when he launched the cryptocurrency. Generation Z is the emerging generation who are so young that they are lucky to have found a job in this climate, and some are not legally allowed […]
US economist Nouriel Roubini says Bitcoin is the ‘worst manipulated asset’
TL:DR Breakdown: Nouriel Roubini argued in the tweet that Bitcoin is the most manipulated asset ever, following the recent price decline. He noted that the whole rise and fall trends of Bitcoin are scams, as whales dump their large holdings on the retails. Again, he raised the common critic point that Bitcoin has zero intrinsic […]
Are exchange services dampening Bitcoins DeFi aims?
There are many advantages to Bitcoin, but one of the most notorious ones is meant to be that the coin is decentralized. The pull of decentralization is so magnetic that there has been a whole industry developed around decentralized finance. What most people can recognize as the main advantage of no central force controlling people’s […]
Bitcoin price prediction: BTC price plummets to $16,250
TL:DR Breakdown Bitcoin price prediction – reaches lows of $16,250 BTC price swift recovery to $17,000 levels Micro-perspective looks bleak, but macro indicates bullish Volatility remains consistent since March 2020 Resistance level found at $19,500 Bitcoin price prediction: current price/trend Bitcoin (BTC) price plummeted today and currently sits at $17,157 – down 10 percent on […]
Galaxy Digital records nearly $60 million in Bitcoin funds
TL:DR Breakdown: Crypto investment manager Galaxy Digital gained about $58 million from its Bitcoin funds. These crypto funds are only available to large and institutional investors. Galaxy Digital, founded by Mike Novogratz, has reportedly raised almost $60 million from institutions and large investors via two of its Bitcoin funds. This is quite another milestone, as […]
Bitcoin addresses grow: On-chain data suggests more buying pressure
TL:DR Breakdown Bitcoin to exchange inflows surged in the past 24 hours. Amid the massive, there are still signs of buys as Bitcoin addresses are still growing. The leading digital currency, Bitcoin (BTC), shaded about $1,000 within 24 hours, as the market seems to be retracing. Many investors began cashing out from the market rally, […]
Is Bitcoin a reasonable option for developing countries?
A common reason developing countries turn to cryptocurrency is their country’s economic instability or the lack of banks. With some exchange channels allowing people to exchange their cryptocurrency for free, cryptocurrencies can be an effective way for people to send and receive remittances to developing countries. They can also be a way for the population […]
Russian Bitcoin miner sustains injuries as machines caught fire
TL:DR Breakdown A Bitcoin miner was hospitalized yesterday after his apartment got ablaze. The fire stemmed from his poorly managed mining farm in his home. A recent publication by a Russian news outlet, 78.ru, informed about a local Bitcoin miner hospitalized on Tuesday after his apartment got ablaze because of his ill-managed mining farm, which […]
Peter Schiff: Institutions will buy Gold, not Bitcoin during inflation
TL:DR Breakdown Peter Schiff argued that large investors would buy more Gold than Bitcoin will inflation erupts. The Gold fanatic had categorized the yellow metal as a better store of value and money than Bitcoin. Once again, one of the many vocal opponents of Bitcoin (BTC), Peter Schiff, took to his Twitter handle to relay […]
Bitcoin retirement accounts are posting dramatic gains
TL:DR Breakdown Bitcoin retirement accounts are currently soaring in profits amid the rising price of Bitcoin. Bitcoin retirement platform, Bitcoin IRA, has processed about $500 million since the company launched. Since October, the digital currency market has gained a sizable amount of growth as cryptocurrencies rallied in price. Led by Bitcoin (BTC), many crypto-related products […]
How Litecoin is proving more efficient than Bitcoin
The reason Litecoin has experienced a climb recently maybe because it is far better for the environment than Bitcoin will ever be. The recent election of Joe Biden reflects the new hunger for change when it comes to the environment. One of Bidens biggest campaigns was entitled The Biden Plan for a Clean Energy Revolution […]
Japan’s SBI Holdings is launching a Bitcoin lending service
SBI Holdings has announced the launching of a crypto lending service, beginning with Bitcoin. The service will be available on the digital currency trading platform, SBI VC Trade. SBI Holdings, the leading financial services company in Japan, announced that it launched a cryptocurrency lending service on Tuesday. Starting with Bitcoin (BTC), the service will be […]
Bitcoin ATMs have surpassed 12,000 in number
Bitcoin ATMs installed worldwide have surpassed a total number of 12,000. The United States and Canada hold the largest numbers. The rate of Bitcoin automated teller machines (ATMs) installation across the world has jumped since the beginning of this year. The number has been hitting an all-time high (ATH) as the public shifts to contactless […]
Bitcoin could not survive without other crypto coins
Bitcoin is on the verge of going crypto with major companies like PayPal taking it onboard it is no wonder that the digital coin is rising in the eyes of everyday people. The cryptocurrency’s recent supply shortage was reported to have been mostly because of Paypal’s support. It did not seem evident to every eye […]
PayPal CEO backs Bitcoin
PayPal CEO Dan Schulman spoke to CNBC earlier today. He discussed PayPal’s recent entry into Blockchain technology. Schulman also stated his firm support for Bitcoin. Schulman on Cryptocurrency. Earlier today, PayPal CEO Dan Schulman spoke in an interview on the CNBC show Squawk Box. Schulman spoke about the company’s decision to move into the cryptocurrency […]
Bitcoin whales and retail investors are still buying BTC at $18K
Bitcoin whale and retail addresses have been on the surge since the crypto began its current bull tide. Addresses holding 1,000 to 10,000 BTC have posted spikes in their total number. Deep-pocketed and retail Bitcoin investors are still showing huge interest in holding more of the digital currency, even at the $18,000 level. Bitcoin whale […]
Why Bitcoin is such an accessible investment for millennials
Bitcoin and the Millennial generation Bitcoin is three times more popular with millennials than any other generation. A millennial is anyone born between the years 1981 to 1996, so they are between 24 and 39. They are the generation that has lived through significant technological advancements as well as the financial crash. Having lived through […]
Bitcoin supply shortage is due to overwhelming PayPal support
Bitcoin supply shortage is due to the overwhelming support coming from PayPal. The news comes from an investment firm’s Chief. Pantera Capitals CEO Dan Morehead believes that PayPal is to blame for BTC’s supply crunch. Bitcoin supply shortage is due to overwhelming PayPal support Bitcoin supply shortage is due to the overwhelming support coming from […]
Canada warns Bitcoin mining platforms
Canada warns against Bitcoin mining platforms. The Canadian regulator is sending out a warning against unregistered mining platforms. The regulator is particularly pointing at two platforms for not being registered. Canada warns Bitcoin mining platforms Canada warns against Bitcoin mining platforms. The Canadian regulator is sending out a warning against unregistered mining platforms.The regulator is […]
SoftBank CEO sold Bitcoin at a loss because it was distracting
SoftBank CEO recently admitted that he previously had $200 million invested in Bitcoin. However, he sold at a loss since the investment was becoming distracting due to fluctuations. The largest digital currency, Bitcoin, got more popularity following the recent surges in its price since October. Many prominent investors and businesspersons recently invested in the cryptocurrency. […]
Retired US rapper, Logic buys $6 million Bitcoin
US rapper, Logic reveals he is holding $6 million in Bitcoin. Recently, the second richest man in Mexico admits to holding the crypto too. Previous news informed that the leading cryptocurrency, Bitcoin (BTC), is winning attention and investments from institutional investors. Since Bitcoin price began surging, many wealthy public figures were seen buying and admitting […]
Poker players now request more cash out in Bitcoin
Poker players are increasing, cashing out their earnings in Bitcoin. Besides being early adopters of Bitcoin, the high demand comes amid the growing price of the crypto. A report by The Sydney Morning Herald on Friday informed that many poker players now prefer to cash their earnings in cryptocurrency, particularly Bitcoin (BTC). According to the […]
Bitcoin attains celebrity status from Game of Thrones star
Bitcoin attains celebrity status from Game of Thrones star Maisie Williams, who on HBO played Arya Stark. Miss. Williams purchased some Bitcoin after asking her 2 Million Twitter followers if she should take the plunge. On the Twitter pole, 900,000 fans voted who may or may not have been crypto buyers themselves. Bitcoin attains celebrity […]
SEC announces Bitcoin will be regulated like a payment method
SEC announces that Bitcoin will be regulated like a payment method. SEC chairman Jay Clayton announced that Bitcoin should be treated as a payment mechanism or store of value on CNBC. The move should ensure that Bitcoin receives more regulation as it grows in popularity. SEC announces Bitcoin will be regulated like a payment method […]
DeFi and Bitcoin can finally merge
DeFi and Bitcoin can finally come together, thanks to RSK. Bitcoin is considered the crown jewel of cryptocurrency, so it is essential for DeFi’s wonders to be fully felt via it. The RSK based ‘Money on Chain’ protocol is servicing a need for DeFi and Bitcoin. DeFi and Bitcoin can finally merge DeFi and Bitcoin […]
Bitcoin mining revenue soars to pre-halving levels
Bitcoin mining revenue surged to another yearly high above $21 million on November 18. The network hashrate has dropped by 20 EH/s after reaching 160 EH/s yesterday. Bitcoin investors and traders are not the only ones enjoying the bullish ride in the cryptocurrency market, the miners are equally included. Recent on-chain data shows that Bitcoin […]
Mexican billionaire reveals 10% of his wealth is Bitcoin
Mexican billionaire reveals that 10% of his assets are Bitcoin. Salinas Pliego is the chairman and the creator of a plethora of firms that offer communication, financial, and retail services. Mr. Salinas, who founded Group Salinas, announced how much he believed in the cryptocurrency in a tweet today. Mexican billionaire reveals 10% of his wealth […]
Bitcoin price prediction: BTC likely to rise above, analyst
TLDR Breakdown Bitcoin price predictions strongly affirm a further raise. Bitcoin price just hit the $18485 mark. Strong support is now found in the $17800 range. The king of cryptocurrency Bitcoin BTC moved past the $18000 mark in the last 24-hours while the altcoin market is seeing a rather slow movement given a flash crash. […]
Salinas Pliego, the second richest Mexican is holding Bitcoin
Salinas Pliego, the second-richest Mexican billionaire is a huge Bitcoin supporter. In a recent tweet, he disclosed that 10 percent of his liquid portfolio is held in the crypto. The leading cryptocurrency, Bitcoin (BTC), has also won the attention of wealthy personalities, not just institutional investors. For days now, the cryptocurrency has been repeating history, […]
