Bitcoin is on an unwavering journey to dethroning some of the world’s largest finance and technology companies. The leading asset recently hit $1 trillion in value and simultaneously unseated companies like PayPal, Mastercard, etc. Bitcoin investors have now begun cashing out more than investors who stashed their cash in traditional […]
The steadfast drags by crypto fans seem to be getting to eternal gold bull Peter Schiff. Schiff who because of his bearish Bitcoin stance is seen as one of the biggest crypto influencers out there (simply because his comments get blasted by so many crypto commentators), has now tweeted more […]
Bitcoin has seen some wild price action throughout the past couple of days, with bulls driving the crypto higher and putting a firm end to its recent consolidation phase This has allowed the benchmark cryptocurrency to cross the $1 trillion market cap milestone It is now one of the largest […]
Bitcoin is doing extremely well as of late, but that’s not changing the minds of certain financial firms and individuals. Among today’s bitcoin doubters is Bill Gates, the software mogul known for creating Microsoft programs. Bill Gates Thinks the World Doesn’t Need BTC In a recent tweet, Gates puts on […]
Bitcoin has been doing extremely well as of late, but that’s not stopping financial giants from viewing it in a bad light. One of those doubters is JPMorgan, who recently claimed in a new report that bitcoin was never going to hit $40,000 again. The world’s number one digital currency […]
Bitcoin is trading at twice its fair valuation, analysts at the largest bank in the U.S have claimed. In its latest report, JPMorgan stated that it assesses the top crypto’s fair value to be $25,000. The report also looked into the effect Tesla has had, why Tether is BTC’s greatest […]
Bitcoin is doing extremely well as of late. It has recently crossed the $51,000 line, and it appears to be staying there. Several institutions and major tech industry players have been investing in the asset and seem to be viewing it through a rather positive lens, but this isn’t changing […]
Microstrategy completed its debt offering this Friday, with the company stating that the net proceeds from the sale of the notes will be approximately $1.03 billion. That’s considerably more than the $600 million initial suggestion, with the raise including a $150 million option. The proceeds will be used to buy […]
According to analysts at JP Morgan, the world’s largest digit asset is an economic sideshow in comparison with the boom in innovation in the fintech market. Adding to their bearish view, the analysts further said that Bitcoin is the “poorest hedge for major drawdowns in equities.” They also believed that […]
For the first time in history, bitcoin – the world’s number one digital currency by market cap – has surged beyond the $50,000 mark. At press time, the currency has fallen a bit and is now trading in the high $48,000 range, though early this morning, the asset did strike […]
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