Bitcoin (BTC)

Elon Musk, CEO de Tesla, s’était déjà illustré en mentionnant Dogecoin dans ses Tweets (une copie de Bitcoin qui a toujours assumé de n’être qu’une blague). Le 29 janvier c’est Bitcoin qu’il mettait à l’honneur directement dans sa description sur Twitter. Alors que certains n’y ont vu qu’une nouvelle facétie de « l’homme le plus riche du monde », Elon Musk a confirmé ce soutien Bitcoin dans une...

Indien will eine eigene Kryptowährung schaffen und Bitcoin verbieten. Der Ausschuss der Regierung in Indien empfiehlt das offizielle Verbot von Kryptowährungen. Die Regierungen und Regulierungsbehörden stehen den privaten digitalen Währungen skeptisch gegenüber und zeigen sich über das zunehmende Aufkommen sowie die Investitionen von vielen Menschen in Indien und den verbundenen die Risiken besorgt....

Faced with growing currency devaluation, institutions are adopting bitcoin as a store of value. Bridgewater Associates’ founder, Ray Dalio, has set aside his skepticism for bitcoin to explore this possibility.Dalio Applauds Bitcoin In a recent newsletter, he expressed his admiration for Bitcoin, stating that its longevity is “an amazing accomplishment.”“To have invented a new type of money via a system that is programmed into a computer and that has worked for around 10 years and is rapidly...

Everyone who owns bonds in MicroStrategy is likely seeing their portfolios expand as of late.MicroStrategy Is Rewarding Risk-Taking ShareholdersThe company was amongst the first major institutional players to pledge support for bitcoin, the world’s leading digital currency by market cap. MicroStrategy ultimately bought more than half a billion dollars-worth of BTC between the months of August and December of last year, and this set up a long stride of additional institutional players –...

The narrative that institutional investors drove BTC’s price into the stratosphere in late 2020 received another confirmation from a research paper compiled by the popular exchange OKEx. The company’s document pinpointed Paul Tudor Jones’ endorsement of bitcoin in mid-2020 as the turning point for institutional adoption.PTJ Changed The Bitcoin GameIt was early May, the world had started to feel the adverse effects of the COVID-19 pandemic, global economies had begun contemplating their next...

The Bitcoin whipsaw continues as it failed to break the marked bearish triangle’s upper angle and immediately dropped by $2000 to hit the $32,500 support, provided by a .382 Fibonacci Retracement level.The outlook for Bitcoin looked promising on Friday following the tweet by Elon Musk. BTC price managed to break out to the bullish side of the descending triangle pattern. However, this breakout was short-lived and turned into a fake-out as the coin failed to close a 4-hour candle above...

The largest US-based crypto exchange Coinbase has classified bitcoin and several altcoins as institutional assets following the developments in 2020. In its yearly report, the company has confirmed the growing institutional interest, the maturing market, and, somewhat surprisingly, the expanding appetite from corporations towards ETH.2020 Established Bitcoin As An Institutional AssetThe challenging last year saw the emergence of Bitcoin as an asset fit to serve the needs of institutional...

Binance Research has unveiled a new survey suggesting that many of the world’s top crypto owners still prefer the storage methods of digital exchanges.Binance Research: Most People Are Still Using Exchanges to Store CryptoBinance Research is a division of the world’s largest and most popular digital currency trading platform. According to the recent survey, as many as 60 percent of the world’s digital currency traders and buyers store their assets in exchanges. The survey is being called the...

The debate as to whether or not we are still very early on in the cryptocurrency space is one that’s been going on for quite some time. For some reason, a lot of people tend to tie it up to the current pricing of different cryptocurrencies – something, that in my opinion, has nothing to do with the bedrock of the conversation.We’re in a bubble. Well, at least most of us are in a bubble. And I’m not talking about prices.The Bitcoin BubbleWhether you realize it or not, we’re in a bubble. Me,...

Popular blockchain company, Blockstream has purchased $25 million worth of MicroBT’s WhatsMiner M30s Bitcoin mining hardware. Blockstream stated in an announcement that it plans to deploy the hardware across its various mining facilities located in the United States and Canada. A Top Secret Mining FacilityFurthermore, Blockstream disclosed that it would allocate some of the mining equipment to a new “top-secret” mining facility it plans to launch soon. The purchase will be an essential...