Bitcoin (BTC)

Mehr als 9 Stunden Events und Speaker gab es bereits am ersten Tag der Bitcoin Conference 2021 in Miami. Darunter Ron Paul, Nick Szabo und der lang ersehnte Auftritt von Twitter CEO Jack Dorsey. Bitcoin News: Der erste Tag der Bitcoin Conference 2021Der Tag begann so richtig als Miamis Bürgermeister auf der Bühne erschien und sagte:The days of a currency being tethered to a central bank are coming to an end.Ron Paul ging auf den Druck ein, den die Cryptocoins auf die Zentralbanken ausüben:If...

The latest substantial market crash has turned bitcoin into a “discounted and refreshed” asset, argued researchers from Bloomberg. In their most recent paper, they reasoned that BTC might stay in a range between $30,000 and $40,000 for a while, but its ultimate trajectory by the end of the year is towards $100,000. DIscounted and Refreshed Bitcoin Bitcoin’s price went through a roller-coaster since its all-time high in mid-April at $65,000. The freefall began in May, perhaps...

Bitcoin has bounced off after the latest negative engagement by Elon Musk and has neared $38,000. Most alternative coins have spiked even harder in the past 24 hours, with ETH trading around $2,800 and BNB surging well past $400. Bitcoin Recovers the Latest Elon Musk Dump After the previous weekend in which BTC dumped below $34,000, the asset performed rather well during the workweek. It was gradually increasing for a few consecutive days and even broke above $37,000. The...

Square’s proposed hardware wallet might be a game-changer and a driver for crypto adoption. On Friday, Square director Jack Dorsey, who’s also the chairman and creator of Twitter, said that his company is highly weighing the options of creating a Bitcoin hardware wallet that will provide total control over the cryptocurrencies users own. Following Dorsey’s comments via a tweet, the shares of the company, Square Inc (NYSE: SQ), rose by 2.7% but eventually closed the day at 1% higher compared...

Mike Novogratz – a billionaire investor and former hedge fund manager – has always been there to defend bitcoin whenever it is acting crazy, but in a recent interview, he claimed that the world’s number one digital currency by market cap will never be used for payments. Mike Novogratz Says BTC Will Not Be Used for Payments This is likely going to come as a huge blow for bitcoin and crypto purists given that the asset and many of its altcoin cousins were initially set up...

Speaking to Anthony Pompliano during the 2021 Bitcoin conference, the Gemini founders, Tyler and Cameron Winklevoss noted that they are still BTC hodlers and pledged to hold at least until the price reaches $500,000. Additionally, they called the US dollar the “ultimately shitcoin.” The Winklevoss twins are among the most famous early BTC adopters, having purchased sizeable amounts in 2012. During the conference, the brothers said they firstly bought when the asset’s price...

A new report by financial giant JPMorgan says that the price of bitcoin – which has been on a serious downfall over the past few weeks – could drop a bit further before finally stabilizing. JPMorgan Offers Fresh Helping of Gloom and Doom for BTC The currency has been experiencing its worst period since first coming to fruition approximately 12 years ago. The asset ultimately rose to about $64,000 in mid-April, the highest point it had ever reached, though at press time,...

If Dorsey didn’t work on Square and Twitter, he would be doing something on the Bitcoin network, he said during the ongoing BTC conference. Additionally, he said that the primary cryptocurrency is the most important work in his lifetime. Speaking at the 2021 Bitcoin Conference, the CEO of Square and Twitter asserted that BTC “changes everything” for him as the freedom it represents draws him in the most. Moreover, he noted that “I don’t think there’s anything more important...

Bitcoin is trading more or less where it was a week ago, following another seven days of choppy price actions. This time, however, it seems that it was an event that propelled its most recent decline and the catalyst was no other but Elon Musk. Last weekend kicked off with a crash towards $33K on Saturday, followed by an increase and yet another decline to roughly around the same area on Monday. As the workweek began, the price started recovering, and it reached well over...

The last six weeks have been some of the worst bitcoin has ever experienced. Despite only being around for roughly 12 years, the world’s number one digital currency by market cap has seen its fair share of dark days and radical price changes. Last Month was the Worst Point in Time for Bitcoin Initially trading for about $64,000 per unit in mid-April, the asset hit a massive snag that late last week, saw it shed approximately $30,000 off its price. Today, the currency has...