The Bitcoin network sets a new record of $12 trillion in transactions settled in a year. 10T Holdings founder, Dan Tapiero, says the massive volume is evidence of incoming hyperbitcoinization. Institutional and retail adoption continues to grow following the new development. The Bitcoin network has been breaking and setting new […]
Inflation has proven to be a beast that traditional economies have failed to slay because of their heavy reliance on fiat currencies. It’s also noteworthy that this kind of situation is a result of the unabated printing of money by governments. For this reason, investors are now changing tack to […]
Bitcoin has been one of the most speculative digital assets in the crypto-sphere with contradictory price predictions from renowned experts and analysts. Despite the many failed predictions, few of them still stand tall. There have been instances where the consideration of Bitcoin for economic and financial analysis with the application […]
Shares of electric vehicle maker Lightning eMotors, Inc. (ZEV) are up more than 4% Monday morning on the news of its deal with Coulomb Solutions, Inc. (CSI), a distributor of Chinese battery maker Contemporary Amperex Technology Co. Limited (CATL). The 2-year agreement with Coulomb Solutions is to purchase 175 megawatt-hours […]
India is the world’s third largest economy, and is set to grow at a rate that may surpass that of China within a few years. In Prime Minister Narendra Modi’s vision of a Digital India, a lot of emphasis has been placed upon cultivating technology to solve the most rudimentary […]
Bloomberg Intelligence analyst Mike McGlone is bullish on the outlook for Bitcoin and Ethereum in 2022, saying “deflationary forces” will take the cryptoassets to new price heights. In a tweet published on Thursday (December 9), McGlone, who is Bloomberg’s senior commodity strategist, published his forecast for the next year, saying […]
Francisco Blanch, the commodity and derivatives strategist of Merrill Lynch, the corporate and investment banking division of Bank of America made note of bitcoin in a recent report. Blanch is considered by many one of the top commodity analysts on Wall Street. Within it, Blanch compared cryptocurrencies to gold, as […]
The Bitcoin Investment Trust (BIT) issues the Bitcoin Exchange Trade Fund (ETF). BTI invests exclusively on Bitcoin and launched operations in September of 2013. This ETF (BIT share) trades like a common stock. It may be purchased and sold by private individuals. Each GBTC (first publicly-traded fund for Bitcoin) share […]
Over the past 30 days, miners have been coming back to BTC in troves, and on Jul. 8, broke the all time record of 126 Exahashes. One reason behind the spike is the implementation of the latest mining hardware as a response to the increased difficulty-to-reward ratio caused by the […]
The US inflation report sees inflation rise to a 40-year high as the new figure sits at 6.8%. Bitcoin has received its fair share of criticisms that it is not a worthy hedge because it has not been around long enough. Inflation bites harder for US consumers but Bitcoiners are […]
We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences.Ok