Bitcoin (BTC)

According to a new survey unveiled by Bank of America, fund managers still do not trust bitcoin and see it as a major bubble despite the massive price bust that has occurred over the past month. Bank of America Survey Doesn’t Paint BTC in a Positive Light Bitcoin was initially trading at an all-time high in mid-April of this year. The world’s number one digital currency shot up to approximately $64,000 per unit, reaching its highest peak in its 12-year history, though at...

Bitcoin has always had its naysayers. From the day it was born in January of 2009, some people have refused to become BTC believers, one of which is Nouriel Roubini – playfully known as “Dr. Doom” for his angry and negative sentiment towards bitcoin. Nouriel Roubini Still Hates BTC As the largest cryptocurrency in the world, bitcoin has garnered quite a few fans over the past 12 years, but Roubini is not feeling the love that others are experiencing, and today is no...

Bitcoin traders utilizing the popular derivatives exchange BitMEX still seem significantly more bearish on the asset’s future price developments, on-chain data reveals. At the same time, a prominent analyst argued that the most violent stages of the recent market crash are over, which could suggest good entry opportunities. BitMEX BTC Traders Still Bearish Bitcoin’s price went through a roller-coaster in the past month propelled by FUD and over-leveraged positions on...

Bitcoin has spent the last few days shooting up. The currency has again crossed the $40,000 line after trading in the mid-to high $30,000 range, the lowest it has been in several months. All is looking better, and analysts are hoping this is the start of another rise to the top for the world’s number one crypto by market cap, and yet according to Willy Woo, things are not quite where they need to be. Willy Woo Sees $200K for BTC Woo had originally believed that bitcoin...

Traditionelle Investoren sehen Bitcoin immer noch kritisch. Dass aber mehr als 4 von 5 Fond-Manager den Cryptomarkt generell und Bitcoin im Speziellen in einer Blase wähnen, kommt dennoch überraschend. Bitcoin News: 81% der Fond-Manager glauben, Bitcoin befinde sich in einer BlaseDie älteste Bank der USA – die Bank of America (BofA) – hatte vom 4. bis zum 10. Juni eine Umfrage durchführen lassen. 224 Fond-Manager wurden unter anderem zum BTC befragt. 81% von ihnen sehen den Markt in einer...

Elon Musk should study more bitcoin mining as the cryptocurrency is actually a lot greener than people believe, commented Kraken’s CEO, Jesse Powell. In a recent interview, the executive also admitted that the crypto market has cooled off after the latest bull market. Musk Should Study More BTC Mining Tesla’s CEO made the news last month after the EV-maker disabled bitcoin payments citing environmental concerns. Musk started to frequently bash the high energy consumption...

La Banque mondiale n’apportera pas son aide au Salvador pour faire du Bitcoin une monnaie légale en parallèle du dollar américain. Le ministre salvadorien des Finances, Alejandro Zelaya, a annoncé mercredi que son pays avait demandé l’assistance technique de la Banque mondiale pour l’aider dans cette transition. Cité par l’agence Reuters, un porte parole de la Banque mondiale a aussitôt rejeté...

[PRESS RELEASE – Valletta, Malta, 17th June 2021] Elrond Network, the developers of the eponymous internet-scale blockchain protocol, today announced the full integration of Bitcoin into their non-custodial digital wallet app Maiar. With deep care for the user, elegant design, and an intuitive interface, Maiar enables any phone user to get a working non-custodial blockchain wallet in seconds. Its intuitive simplicity allows everyone to store, earn, and pay using...

Pantera Capital CEO said that Bitcoin is selling for 36% below the fair value.Chief Executive Officer of Pantera Capital, Dan Morehead has urged newbies and investors who wish to purchase Bitcoin, to do it now. According to the CEO, the Bitcoin market is currently below trend and described it as the best time to buy for new investors.The Pantera boss on social media platform Twitter yesterday, tweeted a chart which showed Bitcoin’s deviation from the 11-year trend and highlighted the fact...

General Motors wants to make the customer experience of automobile buying as hassle-free as possible and for that, the company may start accepting Bitcoin if the customers drive that change.General Motors (NYSE: GM) CEO hints towards the American multinational corporation taking payment in Bitcoin if there is customer demand for the same.Mary Barra, CEO of General Motors (GM), America’s largest automobile enterprise, softened her stance over the inclusion of bitcoin in company transactions....