Bitcoin (BTC)

Ukraine has announced plans to establish major data centers near some of its many nuclear power plants. These centers will ultimately be used to mine cryptocurrency and store important documents. The news suggests that bitcoin and cryptocurrency is growing more popular around the world as prices continue to experience further spikes.Ukraine Looks to Establish Itself as a Mining StateAs it stands, there are contrasting reports regarding how much electrical energy will be required for the...

Bitcoin is not volatile when compared to fiat currencies, college education, or even real estate, commented the Executive Chairman of NYDIG, Ross Stevens. During an appearance on MicroStrategy’s Bitcoin Educational Conference, the executive also predicted that his organization could top $25B in BTC under management by the end of the year.Stevens: BTC Is Not VolatileMichael Saylor and his business intelligence company MicroStrategy have become among the most prominent bitcoin advocates in the...

On Thursday morning, February 4th, BTC keeps growing, generally trading at $37,783.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis: BTC price is growingGoogle: the number of requests for buying BTC beats recordsBTC increased by 2,000 USD overnightForecasts for BTC become every day brighter.On W1, the Bitcoin keeps ascending, aiming at 42,035 USD. The MACD histogram remains in the positive area, giving another signal for growth. The signal lines of the indicator keep growing...

Bitcoin is back on a bullish footing after finally breaking above the descending triangle pattern, which started forming a month ago when it recorded its all-time high. Since the breakout, the cryptocurrency managed to rise by a total of 12.5% to reach the current level of around $37,500.A quick recap: bitcoin’s price had been trapped within a large descending triangle pattern for almost four weeks, as can be seen on the following charts. It did manage to break last Friday, however, this...

Der Markt ist wieder in eine Bullenphase eingetreten. Der BTC legte zu und zog die meisten Altcoins mit sich. Ethereum befand sich zu dem Zeitpunkt bereits in seinem eigenen Bullenmarkt, der nun noch befeuert wurde. Ethereum News: Analysten sehen Ethereum bei 2.000 US-DollarZwischenzeitlich stieg der ETH heute sogar auf 1.800 US-Dollar, eher er leicht nachließ. Analysten sehen nun die Marke von 2.000 US-Dollar am Horizont. Schon bald sollte Ethereum sie erfolgreich überschreiten.Ein Grund...

Saylor opined that every company on earth has some amount of treasury assets and as such, they should be able to establish a Corporate Bitcoin trove.Michael Saylor, the CEO of MicroStrategy, has revealed the intricate details of how corporate organizations can invest in Bitcoin to avoid the financial pitfalls that would come with fiat currencies. He made this revelation at a virtual pro-Bitcoin conference his firm had set up in its bid to draw more institutional investors to the crypto...

The integration of cryptocurrency purchase options for Bitcoin (BTC), Ethereum (ETH), and other limited altcoins has proven to be the right move for PayPal as shown in its Q4 results.American payment giant PayPal Holdings Inc (NASDAQ: PYPL) has released its Q4 2020 result in which it posted a better than expected growth. According to the earnings release, the company recorded a 72% increase year-on-year in the number of its new accounts which came in at 16 million for the quarter.In addition,...

Cynthia Lummis is the first woman to represent the state of Wyoming in the US Senate. She’s a member of the Republican Party and was sworn into the United States Senate on January 3rd, 2021.She’s become a well-known commentator on Bitcoin and other cryptocurrencies and has said that she is working towards educating other Senate members and officials on their merits. Now, she’s also on the Senate Banking Committee.Cynthia Lummis. Source: C-SpanSenator Lummis on the Senate Banking...

The number of Goldman Sachs executives who question or refute BTC’s role as a store of value continues to expand. After the senior Chairman and head of commodities research, now the head of the investment strategy group has done the same.Goldman Sachs’ Exec Against BTC’s Store Of Value PositionWith bitcoin possessing similar qualities to gold, including a limited supply, the cryptocurrency is often considered as a store of value investment tool, as the precious metal. The narrative has been...

The total crypto market cap has surged to a new all-time high of $1.150 trillion as bitcoin topped $38,000 before retracing back below it. Most alternative coins also marked substantial gains, including fresh all-time highs for Ethereum and Polkadot.Bitcoin Touched $38KAfter the calm weekend in which BTC retraced to about $32,000, the primary cryptocurrency started to gradually increase its value. This led to yesterday’s break out from the consolidation triangle and an intraday high of...