Business intelligence firm MicroStrategy is remaining faithful to Bitcoin (BTC) despite having about $2.1 billion in unrealized losses. In a new earnings report, the company’s president and chief exec...
Tag: Bitcoin
Op-ed: On Bitcoin and why there is no second best
Note: This is part two of a two part series on what differentiates bitcoin from the rest of the crypto market. See part one here. It could be said that bitcoin will have been nothing more than a Ponzi...
Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities – Bitcoin News
Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, ...
Bitcoin Price Holds Around $23,400 – Is It The Slow Road Back To Thursday’s High
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin stays consistent at $23,400, raising speculations over the expected rally many market experts had predicted. Follow along...
Here’s Why The Bitcoin Price Is At Risk Of 8% Downfall
Published 1 day ago Over the past two weeks, the Bitcoin price has been rallying under the influence of a rising channel pattern. It is represented by two parallel lines connecting the highs and lows ...
Analyst Says Bitcoin (BTC) Now Setting Up for Major Impulse Shift As Multiple Indicators Align
A closely followed crypto analyst says that several indicators are all lining up to suggest that Bitcoin (BTC) is now ready to launch into a new chapter. The pseudonymous analyst known as TechDev tell...
Charlie Munger Hasn’t Taken the Time to Study Bitcoin: MicroStrategy’s Michael Saylor
Already a bull on MicroStrategy, Canaccord Genuity upped its price target on the stock to $400 from $372 following the earnings news. “We believe the company’s relatively conservative stra...
a roller coaster for bitcoin amid more regulatory efforts, fresh allegations on ex-FTX boss
The last week in the crypto scene was punctuated mainly by the continuation of existing trends. The rise in regulatory pressures and enforcement actions remained the same. Bitcoin (BTC) saw significan...
Sri Lanka Rejects Billionaire Tim Draper’s Proposal of Bitcoin Adoption
37 mins ago | 2 mins read Bitcoin News Tim Draper sought to persuade the government and central bank to accept bitcoin. Sri Lanka’s GDP shrank by 8% in 2022 and its benchmark inflation rate was 54.2% ...
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High – Markets and Prices Bitcoin News
The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past mo...
Bitcoin Price Analysis: Eyeing 6-Month Highs
BTC/USD Eyeing 6-Month Highs: Sally Ho’s Technical Analysis – 6 February 2023 Bitcoin (BTC/USD) remained within striking distance of establishing a fresh 6-month high early in the Asian session as th...
Self-proclaimed Bitcoin creator calls XRP fans a ‘cultist army,’ labels Ripple a complete fraud
Craig Wright, a computer scientist and self-proclaimed Bitcoin (BTC) creator, has extended his criticism of the Ripple ecosystem and its backers. In particular, Wright has called the XRP fans a ‘cult...
Further Price Hikes for Bitcoin Were Recorded Last Month
The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of...
NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements – Bitcoin News
Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to ...
Bitcoin retail holders didn’t mind the crypto winter; they bought more
Glassnode data show that Bitcoin retail traders are now braver and have been accumulating even with falling prices in the better part of 2022. Per trends, an analyst observes that following the collap...
MicroStrategy Michael Saylor ‘Sympathetic’ Toward Bitcoin Critic
According to a recent CNBC interview appearance, MicroStrategy Chairman Michael Saylor took a jibe at Charlie Munger and other elite business leaders over their continued criticisms of Bitcoin. Accord...
Bitcoin miners are not selling, coin reserve remains flat
Bitcoin miners appear to have paused their liquidations, according to CryptoQuant data on Feb. 5. Per streams, bitcoin miners’ reserve trend has been flat at around 1.837m BTC from Jan. 19. This marke...
New Record: Half Of Bitcoin Supply Hasn’t Changed Hands In 2 Years
Bitcoin has experienced a bullish trend in 2022, which is reflected in the number of BTC held in storage. Savings or long-term storage of Bitcoin reached a new record in early February as holders anti...
Bitcoin hits $60,000 in THIS country…Why and What next?
The Bitcoin price reached well above the $20,000 mark in the past few weeks. But in Nigeria however, this price is a bargain. Because there, Bitcoin is traded at a price of more than $40,000. Why did ...
Bitcoin Price Heading Back Towards $23,000 – Will We See It Retest $24k Again?
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin currently appears to be heading back to $23k, after crossing the $24k level once on Thursday. Reports from experienced tr...
BTC Institutional Investor Forecast for 2023, Musk Makes McDonald’s Promise Again, Kiyosaki Says ‘We Are in Global Recession’ and More — Week in Review – The Weekly Bitcoin News
As the first month of the new year is behind us, things continue to heat up on the world stage in regard to crypto price predictions, social media hype surrounding meme coins like dogecoin, warnings o...
Bitcoin Resurgence Brings Back Old Phenomenon of Wild Weekends
(Bloomberg) — Amid this year’s rally, Bitcoin has resumed one of its old habits: it’s back to posting big moves on weekends, a phenomenon that’s become an intriguing characteristic of the crypto...
Bitcoin Will Likely Witness A Bumpy Ride Next Week! On-Chain Metrics Suggest Short-Term Suffering For BTC Price
The crypto market has been on a roll lately as major cryptocurrencies like Bitcoin have witnessed significant price swings in the last few days. The Bitcoin price trend has been stuck in a choppy rang...
Bitcoin Mining Firm Core Scientific To Sell 27k Gears To Settle NYDIG Debt
45 mins ago | 2 mins read Bitcoin News A few days before the holidays in 2022, the firm filed for bankruptcy. As part of its 2020 expansion, the company borrowed $77.5 million. In order to settle a $3...
Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’ – Regulation Bitcoin News
The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypt...
Largest Bitcoin Corporate Holder With 132,500 BTC Posts Quarterly Loss, Here’s How Much
Tomiwabold Olajide MicroStrategy recently announced its fourth quarter 2022 financial results The largest public Bitcoin holder, MicroStrategy, reported its eighth straight quarterly loss, owing to be...
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn – Bitcoin News
Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasi...
Binance to Support Georgia’s Crypto Industry Through Blockchain Education – Exchanges Bitcoin News
Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been exp...
Top Trader Issues Warning to Bitcoin and Crypto Bulls – Here’s His New Forecast
A crypto analyst known for accurately calling Bitcoin’s bottom in 2018 is issuing an alert on BTC’s short-term trajectory. The pseudonyous analyst Smart Contracter says BTC appears ready to retrace, a...
Bitcoin (BTC) Dips Lower on Extremely Strong Jobs Report
Alex Dovbnya Bitcoin (BTC) dipped lower on Friday following release of latest US jobs report, which showed that US labor market remains overheated Bitcoin, the world’s largest cryptocurrency, sl...
Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says
“‘Charlie and the other critics, the members of the Western elite … are continually prodded for an opinion on bitcoin, and they haven’t had the time to study it.’” — Michael Saylor, co-founder and CEO...