Bitcoin (BTC)

The cryptocurrency space continues to grow like there’s no tomorrow. As a result, we’re witnessing an influx of traders jumping in without thought or reason to their actions, and many companies – including Wise Bitcoin – are seeking to ensure these individuals have the knowledge and education they need to make smart investing decisions and carve out strong financial paths for themselves.Wise Bitcoin Is Seeking to Ensure Traders Have the Tools They NeedWise Bitcoin is a new cryptocurrency...

As of late, bitcoin isn’t doing so hot. The world’s number one cryptocurrency by market cap had recently hit a new all-time high exceeding $40,000 per unit, but now, the currency has fallen by roughly $6,000 and is trading at about $34,000.Bitcoin Is Being Sold OffWhat could possibly be behind such a recent downgrade of what has been a largely powerful asset these past several months? Many analysts agree that this is the result of a recent sell-off, and that many bitcoin holders are trading...

Bitcoin failed to recover in the past seven days, and it marked a further decline of about 8%. This has its current price hovering around $32,000, and its dominance has declined to 64.1%. But before we take a look at what this means for the altcoin market, let’s see what happened with BTC.The cryptocurrency started off trading above $35K and even took a shot at $38K on Saturday. The bears had a mind of their own, however, and prevented this from happening, sending the market in a sideways...

Bitcoin continues to surge like there’s no tomorrow, and as a result, many people are getting involved in the space without too much thought. However, according to certified financial planner Sophia Bera, there are several things one needs to do before they even consider getting involved in bitcoin and in the cryptocurrency space.Sophia Bera: There Are Tasks to Complete Before Getting Involved in BTCAccording to Bera, many of her clients have been asking her several bitcoin-related questions...

During the past seven days, we saw an extended correction in Bitcoin’s price which failed to recover to its previous all-time highs. However, while BTC is down, a lot of altcoins started popping and gaining some serious value. For this week’s analysis, we’ve decided to take a closer look at Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink.BitcoinBitcoin is down by a further 18% this week, dropping by a steep $10,900 to reach a low at $28,900. The cryptocurrency was trading at the upper...

Bitcoin-based ETF may see the light of the day under the new Biden’s administration with Elad Roisman who will be the head of the SEC.New York-based investment management firm VanEck has filed for Digital Asset ETF with the United States Securities and Exchange Commission (SEC) to enable it to track crypto-based companies’ performance. Filed on January 21, the new fund will be used to track the market performance for the Global Digital Asset Equity Index that is run by its subsidiary MV Index...

NexTech AR Solutions, a Vancouver, Canada-headquartered developer of VR and AR solutions, has booked a $200,000 profit after selling over 130 bitcoins. The firm justified its decision with the double-spending that allegedly occurred on the BTC network yesterday.According to a press release published by the company, NexTech has sold all of its BTC holdings, amounting to 130.187 bitcoins. With today’s prices, this amount is worth north of $4,2 million.The sale has come less than a month after...

Bitcoin is listed on many crypto exchange sites and has been paired with a wide variety of leading world currencies, with two of them being the US dollar and the euro. With its escalating significance, the US Treasury would eventually acknowledge Bitcoin by announcing that bitcoin-related transactions and investments are not illegal.In the beginning, the appeal of Bitcoin was mostly credited to the fact that it was unregulated and is useful for evading tax obligations. Its universality and...

Technology is evolving at an impressive pace. It can be a challenge even for those who are actively involved in the digital process and interpret news about developments and novelties.In the world of technology, one of the most viral trends are cryptocurrencies and the blockchain method. The first blockchain-based cryptocurrency was a well-known Bitcoin. The development of the Bitcoin digital payment system is named after Satoshi Nakamoto. The name actually covers an unnamed programmer (or...

Michael Saylor’s Bitcoin bet appears to be far from over as his company MicroStrategy has acquired even more BTC despite the crypto price experiencing a significant retrace over the last couple of days.MicroStrategy has added more Bitcoin to its balance sheet according to an announcement issued on Friday (Jan. 22, 2021).MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808...