The narrative taking place across the finance industry, is that cryptocurrencies like Bitcoin and Ethereum are the way of the future and gold’s days are numbered as a store of value. While the “digital gold narrative” has already taken a major dent out of the precious metal’s momentum, according to […]

Key Bitcoin Takeaways: Bitcoin posts strong recovery during the weekend session but looks weaker at the new week’s beginning. MicroStrategy’s relentless accumulation of the cryptocurrency and the US government’s additional stimulus package provide tailwinds to the price rally. Meanwhile, upbeat long-term Treasury yields weaken Bitcoin’s appeal. The bitcoin price retraced […]

A volatile few weeks for the cryptocurrency market have instilled fear in the minds of investors, many of whom hadn’t anticipated the short-term sell-off. While Bitcoin’s price had recovered somewhat to trade around $47,700 at press time, research from Chainalysis suggests that Bitcoin’s floor prices are stronger than before. Philip […]

Publicly listed Chinese company Meitu adds bitcoin (BTC) and ether (ETH) to its balance sheet. Meitu Buys BTC, ETH worth $40 Million In an announcement made on March 7, Siming District-headquartered Chinese technology company Meitu announced that it had bought BTC and ETH worth $40 million. For the uninitiated, Meitu […]

A Forbes contributing analyst has published his take on the “Bitcoin bubble myth,” saying proponents of the cryptoasset have been anticipating the price rally for years.  In an article published last week, Forbes crypto and blockchain contributor Pete Rizzo debated the myth of Bitcoin’s market bubble, saying the meteoric price […]

Investment banking giant Goldman Sachs has posted the results of a survey that suggests investors are bullish on bitcoin and other digital assets. As first reported by The Block, the firm surveyed 280 clients on the topic and found that 40% had exposure to the market, while 60% revealed they […]

Kraken head Jesse Powell has made an unprecedented prediction that bitcoin could reach $1M in value. Powell on Bitcoin’s Future Potential The CEO, who is bullish on the world’s most known crypto, stated that BTC enthusiasts agree that digital assets will eventually replace fiat currencies. Jesse joins several other bitcoin […]

Markets have seen a major shift in conversations around Bitcoin lately. From ‘if to when,’ speculators now predict which company will be next one to add BTC to their balance sheet. Recently, billionaire Tim Draper said on the Unstoppable Podcast that Netflix might be the next big firm to buy […]