Bitcoin (BTC)

[Featured Content]Cryptocurrency trading is growing in popularity as the interest in digital assets, especially in Bitcoin, has skyrocketed over the past few months.This doesn’t come as a surprise, given its parabolic increase. After all, Bitcoin’s price reached almost as high as $60,000. Moreover, various institutional funds started considering the opportunity behind BTC while major public companies already jumped on the bandwagon.The latest to do so was Elon Musk’s Tesla. The company...

« Méfiez-vous des citations que vous trouverez sur Internet, disait Napoléon ; il est bien incertain de savoir si elles sont authentiques ». A dire le vrai, la fonction magique copier-coller n’a fait qu’empirer une situation qui n’était déjà guère transparente auparavant. Mais pour en rester à Internet et à l’empereur, un mot vient à l’esprit, celui selon lequel « un bon croquis vaut mieux qu’un long...

Bitcoin has been a major focal point of discussion as of late. The world’s number one digital currency by market cap experienced a record bull run during the month of February, but during the final days of the month, the currency came crashing down and experienced a $10,000 dip. The asset fell from roughly $56,000 per unit to about $46,000, which is what it remains at still. The Latest Bitcoin Slip Hasn’t Caused Many People to Turn Despite this mega drop, the currency...

Question: Can you buy cryptocurrency on one exchange and sell it on a different exchange? Answer: Yes.Question: Why would you want to do this, and what is it called?Answer: It’s call Arbitrage, and cryptocurrency investors do it to make money.Just like any other asset, cryptocurrencies are worth what someone else is willing to pay for them. And as it happens, Bitcoin is worth more in certain areas of the world, as well as between different exchanges. This means there is a profit margin that...

Citi says that another cryptocurrency might be able to usurp Bitcoin from its current high position citing the fact that altcoins have witnessed their market cap grow by almost 4 times in 2020.Citi Bank has released a new report that indicates that Bitcoin is at a “tipping point” of its evolution due to the increased investments in the asset by leading institutions and the ongoing regulatory works being put in place by the authorities. According to the report, the digital could evolve to...

Bitcoin saw a strong rebound today as it recovered from yesterday’s low at $43,000 to over $48K, where it is trading as of writing these lines.The cryptocurrency had been in a downtrend for the previous week as it dropped by over 25% to reach its weekly low yesterday, at the mentioned-above level of $43K (according to Bitstamp).During the correction, Bitcoin had broken beneath an ascending price channel that it was trading within throughout February. However, over the past days, BTC was...

Rakuten users will be able to shop using Bitcoin, Ethereum, and Bitcoin Cash.Japanese e-commerce and online retailing company Rakuten Inc (TOKYO: 4755) has added crypto services to its payment platform. According to an announcement through its official webpage, Rakuten users will be able to shop using Bitcoin, Ethereum, and Bitcoin Cash.The move by Rakuten to adopt cryptocurrencies in its platform is a major plus for the entire crypto market. The firm is reported to have over 95 million...

The giant social media platform Twitter has announced plans to raise $1.25 billion through a convertible senior notes offering. Although the company breached “corporate purposes” as the main reason, cryptocurrency proponents speculated if the firm could pull a MicroStrategy and allocate the funds in BTC.Twitter to Raise $1.25BAccording to a press release from earlier today, Twitter will offer a $1.25 billion aggregate principal amount of convertible senior notes due in 2026. The endeavor will...

PlanB, the creator of the well-known Stock-to-Flow (S2F) Bitcoin model, took it to Twitter to provide an update on how the cryptocurrency is performing following the latest developments in the market.BTC continues to follow the S2F cross-asset (S2FX) model “like clockwork,” despite the most recent correction and is still on track to reach $288,000 by 2024.What is the S2FX?First things first, the stock-to-flow cross-asset model takes a new approach compared to the stock-to-flow model. It...

FD7 Ventures, the cryptocurrency-oriented fund that recently vowed to dispose of its BTC holdings for ADA and DOT, has set up a $250 million micro-fund focusing on investments in teams working on the ecosystems of Polkadot and Cardano.FD7 Goes to India for DOT and ADABased in Dubai, UAE, FD7 is a crypto-oriented investment fund with over $1 billion in assets under management (AUM). The firm recently announced somewhat bold plans to dispose of $750 million of its BTC holdings and allocate the...