Bitcoin (BTC)

Andrew Dawood started out as a simple flight attendant, but his savvy investing has made him a millionaire, and he has things like bitcoin and GameStop shares to thank. Andrew Dawood Is Reaching for the Top Born in Egypt, Dawood relocated to Dubai in the United Arab Emirates with about $50,000 to his name. A solid amount for someone so young, but he was ready to make his move and turn that small fortune into a big fortune. Naturally, he turned his attention to bitcoin,...

Bitcoins on derivatives exchanges are at their highest level since May 19, signaling a volatile weekend ahead. Historically, derivatives exchanges like Binance Futures, BitFinex, and BitMEX are able to create massive price movements (a single entity or group of entities can create huge swings using a relatively low number of coins) thanks to the provision of massive amounts of leverage. These exchanges allow margin trading of even over 100X leverage. Bitcoin had already seen...

Crypto fans around the world were excited to hear last October that PayPal would soon be allowing users to purchase and store cryptocurrencies through the trading platform. In addition, PayPal said that it was on the verge of allowing customers to pay for items and services with digital currencies. PayPal Is Changing Things Up a Bit This got things hopping up and down and the bitcoin boom ultimately began, though things came with a catch as users soon began to find out...

Rhonda – an Australian nurse – lost all her savings after being lured into a fake bitcoin investment. The fraudulent scheme stole hundreds of thousands from the devastated Sydney woman just months before her retirement. Dreams of Retirement Were Dashed An Australian nurse revealed in a recent interview for 2GB radio how a cryptocurrency scam swindled out her entire life savings, sounding a note of caution to other investors about the red flags she should have been mindful...

Bitcoin is no longer regarded as a niche asset as its high price fluctuations impact the stock markets, concluded researchers from Singapore’s DBS Group Holdings Ltd. In a recent paper, they outlined the increased correlation between the two markets ever since BTC started to appreciate in value in late 2020. Bitcoin Is No Longer a Fringe Asset The primary cryptocurrency went through a significantly bullish period from the start of October 2020 to mid-April, in which its value...

« Lorsqu’on évoque l’adoption commerciale de Bitcoin, on voit parfois la loi de Gresham [1] être mise en avant pour expliquer pourquoi les gens utilisent des euros plutôt que des bitcoins. Dans cet article, nous allons examiner ce que dit cette loi économique, ce que dit la loi inverse (la loi de Thiers [2]) et dans quelle mesure ces deux lois s’appliquent au bitcoin. » Article de Ludovic Lars à...

Nouvel ajout à la liste des établissements français qui acceptent les paiements en bitcoins : Dimo, diagnostic immobilier. « Dimo diagnostic a été créé en 2016 par Benjamin Lorin. Les équipes d’experts de dimo sont spécialisées et certifiées pour réaliser les diagnostics immobiliers pour des projets de type vente, location, avant travaux et avant démolition. Dimo est un acteur local reconnu en...

Bitcoin 2021 conference will be held in Miami with a host of attendees and reputable keynote speakers, including politicians, regulators, celebrities, Bitcoin proponents and investors in the crypto industry. The event was originally scheduled for April 30 –  May 1 in Los Angeles. However, the venue and date were changed due to the second wave of COVID-19 and vaccine rollout. This week, Bitcoin 2021 will take place between June 3 and 5 at Wynwood’s Mana Convention Center in...

Christopher Hui – Hong Kong’s Treasury Secretary – agreed with the government’s intentions to implement certain crypto regulations in the megapolis as he believes Hong Kong would ultimately benefit from them. This Is The Right Decision In a recent speech, the Treasury Secretary of Hong Kong – Christopher Hui, backed up the proposal of the Financial Services and the Treasury to ban retail cryptocurrency trading. He said that the move was a well-thought decision and its...

Bitcoin’s enhanced volatility resumed in the past 24 hours as the cryptocurrency fell to its lowest price level in five days beneath $35,000. Most alternative coins also experienced similar dips and increased BTC’s market dominance to above 43%. Bitcoin Dipped Below $35K After recovering from its most violent losses to $30,000, the primary cryptocurrency was riding high for a few consecutive days. The asset challenged $40,000 on a few occasions and even briefly jumped above...