Celsius Network CEO Alex Mashinsky is convinced Bitcoin will be trading at $160,000 by the end of the year if it is adopted as currency in more countries Alex Mashinsky, Celsius chief executive, feels that Bitcoin price has not seen its peak just yet. Speaking during an interview with Kitco News, the entrepreneur predicted that […]
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Insurance firms have increased their interest in crypto investments in recent months.
There are several reasons why this bull market is set to continue, as reviewed in This Week In Bitcoin. This Week In Bitcoin is a new segment covering the events of the week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary This was the week of El Salvador. Since […]
Bitcoin price is back to around $40,000 but whether or not the bull market is over or not isn’t yet certain. What is certain, according to Paul Tudor Jones, is the cryptocurrency itself. Not the asset or its price, but the underlying ironclad cryptographic code. Here’s why the billionaire investor has allocated as much as […]
MicroStrategy has successfully sold off $500 million worth of notes (“the notes”) which it announced it was selling on June 8th in a press conference, to buy Bitcoin. The notes were sold to qualified institutional buyers in a private offering in reliance to Rule 144A under the Securities Act of 1933. They were all sold […]
Bitcoin price is showing positive signs above the $40,000 level against the US Dollar. BTC is likely to continue higher above $41,000 and $41,500 in the near term. Bitcoin started a fresh increase above the $38,500 and $40,000 resistance levels. The price is currently well above $38,500 and the 100 hourly simple moving average. There […]
Ethereum is showing positive signs above $2,500 against the US Dollar. ETH price is likely to accelerate higher above $2,650 and it could revisit $2,800. Ethereum started a steady increase above the $2,500 resistance and $2,550. The price is now trading well above $2,500 and the 100 hourly simple moving average. There was a break […]
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Sometimes all Bitcoin (BTC) needs to pump 10% is a positive remark from someone like Elon Musk. The Tesla CEO has been pointed to as the culprit for the recent downturn after the company’s May 12 announcement […]
The adoption of bitcoin by El Salvador poses an interesting contradiction of freedoms, albeit solved on a secondary level. Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, the “Bitcoin Law” was […]
The visionary Unchained Capital co-founder excitedly details his thoughts on why bitcoin is so inspirational. This interview with Dhruv Bansal was conducted by myself in an effort to obtain valuable insight into a rather visionary Bitcoiners mind, and I believe my mission was accomplished. Bansal’s answers are profound and thought-provoking, giving us a glimpse into […]
How much energy does an industry deserve to consume? Right now, organizations around the world are facing pressure to limit the consumption of non-renewable energy sources and the emission of carbon into the atmosphere. But figuring out how much consumption is too much is a complex question that’s intertwined with debates around our priorities as […]
A stunning BTC price surge accompanies concerns over the United States Federal Reserve’s “institutional credibility.” Bitcoin (BTC) passed $40,000 on June 14 as a consolidation period snapped to unleash a solid breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price breaks out past $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% […]
Published by Relaxnews Elon Musk, CEO of electric vehicle maker Tesla, said on Sunday that the US company will accept bitcoin payments again when the virtual currency is greener. The American manufacturer caused a sensation in February when it announced that customers could pay in cryptocurrency, an option that became possible at the end of […]
One’s opinion on the value of bitcoin depends on one’s definition of value, as it is with anything. Dr. Rettler is an assistant professor of Philosophy at the University of Wyoming. In this essay, I want to clarify and respond to a prevalent assertion regarding bitcoin — that “bitcoin has no intrinsic value.” Two preliminary […]
With inflation in the U.S. hitting its highest mark since the 2008 financial crisis, Bitcoin is serving as a critical lifeline. The consumer price index (CPI), a measure of the price of consumer goods and services, increased by an annual rate of 5% last month, hitting its highest mark since August 2008, according to the […]
The highly awaited Bitcoin upgrade, Taproot, is finally here and is scheduled for a November release. What Taproot is All About It has been argued whether Bitcoin would ever agree on an upgrade after the tragic 2017 SegWit upgrade. The upgrade resulted in multiple camps that hard forked from the original Bitcoin chain, creating new […]
If you weren’t sure the stance for Nvidia CEO Jensen Huang when it comes to Ethereum’s upcoming shift to proof-of-stake, no need to question it further. Huang is clearly optimistic about Ethereum’s future. In an online-only Computex event, he fielded a variety of questions ranging anywhere from his thoughts on the metaverse to global semiconductor […]
Bitcoin has held critical support after a move to the downside on Friday and trades at $37,539. A good old weekend pump has brought it back from the mid-zone of the $30,000 range and now it might make a push towards $38,000. BTC trends upwards in the daily chart. Source: BTCUSD Tradingview In the short […]
NFL star and Nigerian descendant Russell Okung asks the Nigerian government to adopt a Bitcoin standard or risk falling behind. Greetings President Muhammadu Buhari, The hope of Nigeria lies within this generation. I am proudly a Nigerian descendant living in America and am a proponent of Bitcoin. I write to urge the Nigerian government to […]
The legendary politician, who advocated for many of the underlying principles present in sound money, believes liberty is inherent to Bitcoin. One of the most exciting moments for me personally at Bitcoin 2021 was getting the chance to interview Dr. Ron Paul. A true pioneer in libertarianism, Dr. Paul is an advocate for so many […]
Taproot has locked in with the Bitcoin protocol upgrade now set to activate in November. Bitcoin is upgrading. Taproot, the Bitcoin protocol upgrade that makes smart contracts more private and compact, has locked in. As of just now, more than 90 percent of all blocks that will be mined in the current difficulty period have […]