Bitcoin (BTC)

Crypto analyst Mike McGlone is predicting that Ethereum, at some point, will likely eclipse bitcoin and become the number one digital currency by market cap. Mike McGlone Thinks Highly of Ethereum As a senior commodity strategist for Bloomberg, McGlone has been following cryptocurrencies for a long time just like the rest of us. In a new report, he details why Ethereum – still only the second largest digital currency in the world at the time of writing – could...

China is moving forward with its anti-crypto attitude. It has now shut down the social media accounts of several bitcoin and cryptocurrency influencers as a means of stopping people from learning about and investing in digital currencies. China Makes Another Anti-Bitcoin Maneuver China has long had an up-and-down relationship with bitcoin. While the country has always been a hotspot for bitcoin and digital currency activity, government officials and regulators have never...

« Le bitcoin est mort et n’a jamais été une monnaie ? En êtes-vous certain ?Cette affirmation n’est visiblement pas au goût du président du Salvador, Nayib Bukele, qui a déclaré en ce mois de juin que le bitcoin serait utilisé officiellement comme monnaie de paiement au Salvador.C’est une réjouissance pour les pros-bitcoin, les bitcoiners et les plus désireux d’entre nous de voir le monde monétaire bouger. Bien qu’il faille relativiser la portée de cet événement, car le Salvador...

The past seven days, despite being intensive in terms of important news, were less than exciting when it comes to pricing. Most of the cryptocurrencies experienced substantial losses. Bitcoin, unlike the majority of altcoins, performed relatively well in comparison. It’s still down about 5% on the week, but its market dominance has increased to about 44%, which is a considerable improvement. The downward pressure started last Saturday when the price tanked from about $38K...

Twitter stock is expected to reap hugely from Bitcoin lightning network integration that could see its revenues up in the coming quarters. Twitter Inc (NYSE: TWTR) shares closed yesterday trading at $60.30, up 0.99%. Twitter or the BlueSky platform with Bitcoin Lightning Network to ease subscription payments.This was revealed by Jack Dorsey, co-founder and CEO of Twitter and also founder and CEO of Square. He responded to a customer’s request to integrate the Lightning Network into Twitter or...

Elon Musk manipulates the financial markets, including the cryptocurrency one, for his own personal gain, alleged the South African billionaire Magda Wierzycka. The founder of Sygnia further blamed the recent BTC volatility on Tesla’s CEO. Musk Manipulates the Markets For Personal Gains During an interview on The Money Show, the 52-year old businesswoman accused her fellow countryman Elon Musk of publishing controversial tweets and engaging in other social media channels to...

With the fresh development, Injective will be able to launch completely decentralized Bitcoin derivatives using the Stacks token (STX) alongside digital assets that are native to the network.Digital currency exchange Injective Protocol will integrate with the Stacks blockchain. The move which was announced via a blog post published by the company will ensure that Bitcoin Derivatives become fully available on Stacks. The Stacks protocol is classified as a level 1 blockchain solution. The...

The notice has appeared after the Texas regulatory body had recently passed a new bill consenting the crypto proceedings to be recognized under the State’s commercial law.The Texas regulatory body has issued an order for the state-chartered banks to preserve crypto and Bitcoin assets under their custody. The process to recognize crypto investments as legal digital currency under commercial law was passed in the state last month. Texas has been growing exponentially well in the proceedings of...

Pieter Hasekamp, head of the central planning bureau CPB, opined that the Dutch government must ban digital assets. He further stated that a crypto collapse is inevitable. Cryptocurrencies Are ”Neither Money Nor a Financial Product” The director of the CPB Pieter Hasekamp urged the ruling cabinet of the Netherlands to officially forbid trading, possession, and mining of bitcoin and digital assets. The move could protect local investors as, in his opinion, the crypto market...

It was a rather unfortunate week for the entire cryptocurrency market as most of the coins are trading in the red. Bitcoin is no exclusion, though it’s the one the best performer, relatively speaking, compared to major altcoins. Bitcoin Bitcoin is down by a small 4% over the past week as it currently sits above the 20-day MA at $37,000. The cryptocurrency saw an interesting week after testing $39,200 last week. There, it found resistance at a falling trend line and failed to...