On the hill of El Salvador’s widely-celebrated Bitcoin adoption, Brazil is set to follow suit and become the second nation in the world to put Bitcoin on its balance sheets. Aureo Ribeiro, Brazil’s Federal Deputy Chief made the announcement yesterday, stating that the process of Bitcoin adoption has only the […]
Kevin O’Leary has revealed that his crypto exposure has surpassed that of his gold holdings for the first time. The shark tank veteran has revealed that he has a lot of faith in gold and has no plans to sell off his holdings anytime soon. He added that cryptocurrencies and […]
El Salvador is making history as the first country in the world where 50% of its population has a bitcoin wallet. “3 million Salvadorans are already using the Chivo wallet,” Nayib Bukele, El Salvador’s president, said on Sunday. That’s out of a population of 6.4 million with about 800,000 of […]
Bitcoin is up 25% in the last 7 days and yesterday crossed the $55,000 price mark for the first time since May. The renewed price uplift comes after last month’s notable sell-offs that were associated with the Chinese new ban threats, regulatory pressures on exchanges, and the Evergrande crisis. Gemini […]
Bitcoin has regained the $1 trillion mark in market capitalization after a gap of almost 5 months, and is trading above $54,000. Trading in Bitcoin gained traction over the past week amidst large institutional interest, rumors of approval for BTC ETF, favorable SEC comments as well as macro concerns plaguing […]
Bitcoin could officially be out of the woods after an unidentified buyer purchased a whopping $1.6 billion worth of the asset on Wednesday, leading to price spiking by over 8% in just under 15 minutes. According to Cryptoquant’s C.E.O King Young Ju, Bitcoin’s insane run to $56,500 was ignited by […]
Bitcoin has finally done it. After struggling to remain stable for the most part of September, Bitcoin has finally smashed through the $55,000 price level and the market is as excited as it is bullish for what is to come. Although Bitcoin is now trading at $54,576, the asset hit […]
Recently, a senior economist for Deutsche Bank explained why Bitcoin will remain “ultra-volatile” in the foreseeable future. According to a Q&A by senior economist and market strategist Marion Laboure, Bitcoin’s price volatility is the primary barrier to the digital asset being adopted as a twenty-first century form of gold. Laboure […]
Infamous American whistleblower Edward Snowden has weighed in on the conversation surrounding China’s cryptocurrency ban, stating that the ban has actually strengthened bitcoin. Edward Snowden: Government Crackdowns Have Strengthened Bitcoin The former United States contractor who leaked National Security Agency (NSA) documents revealing that the agency was spying on private […]
Satoshi Nakamoto encoded hidden messages in some Bitcoin blocks that often come as a pleasant surprise. In the genesis block, Nakamoto’s message was a headline of a London Times article on Jan 3rd, 2009. Other cryptic messages have been embedded in bitcoin blocks, often passing poignant messages. Satoshi Nakamoto is […]
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