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Bitcoin (BTC)

Will Bitcoin Hit $100K Soon? Some Analysts Think So…

With bitcoin trading for just over $28,000 per unit at the time of this writing, it really looks like the many elements that brought BTC down in 2022 may be behind us, and several analysts are contemplating if a $100K price is in BTC’s immediate future. Many Believe Bitcoin Could Hit $100,000 in 2023 The price of the world’s number one digital currency by market cap has rallied by more than 70 percent since the end of last year. Among the people who think bitcoin could...

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EUROC: Bitstamp verschenkt digitale Euros

Bitstamp ist eine der ältesten Bitcoin-Börsen und wurde 2011 in Slowenien gegründet. Die Börse hat sich auf den Handel mit Kryptowährungen wie Bitcoin, Ethereum, Litecoin und Ripple spezialisiert und bietet Benutzern die Möglichkeit, diese digitalen Vermögenswerte gegen Fiat-Währungen wie US-Dollar, Euro und britische Pfund zu handeln. Die Plattform ist bekannt für ihre hohe Sicherheit und hat sich in der Vergangenheit als zuverlässig erwiesen. Bitstamp ist eine regulierte Börse, die in...

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Head of South African Firm Slapped with $3.4B Fine for Bitcoin Fraud in US

The CFTC claimed that the firm had proprietary software that was expected to recognize significant trading gains for investors who contributed to the Bitcoin pool, but in reality, there was no such “bot” in use. The head of a South African firm has been slapped with a massive fine of $3.4 billion by a federal judge in Texas. The US commodities regulator claimed that this was the largest-ever fraud case revolving around Bitcoin ever to be committed by a company. The head, who goes by the...

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Bitcoin Cash Analysis: Risk of Fresh Drop To $100

Bitcoin cash price started a fresh decline below the $125 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $120 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 resistance zone. Bitcoin cash price is declining below the $125 zone against the US Dollar, similar...

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Here’s Why Senator Ted Cruz Likes and Owns Bitcoin

The American politician serving as the junior United States Senator for Texas – Ted Cruz – thinks bitcoin could be a lifeboat amid the inflationary environment supposedly created by Washington’s irrational decisions.  He revealed holding slightly more than 2 BTC and having a standing order to buy more of the primary cryptocurrency every Monday morning, regardless of its price.  BTC: A Hedge Against Inflation and So Much More In a recent appearance at The Bitcoin Policy...

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Meme Coins that Are to Change Your Mind on Crypto Investing

Meme coins may be fun, but it’s obviously not just that. Tokens such as Dogecoin and Shiba Inu are clear proof that this kind of asset can have real gain potential Crypto investing has long been all about Bitcoin and Ethereum, but have you ever considered diversifying your portfolio? There are so many alternatives to these big-name cryptocurrencies that it’s hard to choose something, but let’s take it easy. We’ll focus on a specific type of digital coin that has managed to catch investors’...

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Bitcoin Stays Stagnant with Strengthened DXY Negative Correlation as US GDP Slows

The US Commerce Department’s recent shows that economic growth and GDP have slowed even as Bitcoin struggles to regain $30,000. The price of Bitcoin (BTC) has remained relatively stagnant for about a week as the US gross domestic product (GDP) is slowing. Currently trading at $28,870 according to CoinMarketCap data, BTC has been unable to hit $30,000, last seen briefly on the 19th of April, and not seen in the first quarter of the year. This trend follows the GDP’s slowing in the same...

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Standard Chartered-backed Zodia Crypto Custody Raises $36M in Funding Round Led by SBI Holdings

With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese financial conglomerate SBI Holdings. The London-headquartered crypto startup announced that the funding round also saw...

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False Trigger about Mt. Gox Bitcoin Wallet Transfer Tanks BTC Price to $27,000 but It Recovers Fast

Arkham Intelligence issued a clarification that a bug caused to send the alerts regarding Mt. Gox and Us government selling Bitcoin. The BTC price recovered fast after the clarification. Over the last 48 hours, the Bitcoin price witnessed massive volatility sending jitters across the entire investor community. Earlier this week on Tuesday, the Bitcoin price shot up all the way to $30,000 following the news of a crisis-like situation at the First Republic Bank. But during Wednesday’s...

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