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Bitcoin (BTC)

21Shares Halts Several Crypto Products Citing Decreased Interest (Report)

The Switzerland-based crypto ETP issuer – 21Shares – will reportedly terminate five of its funds and delist another one due to low interest from investors.  Arielle Pennington – Head of Global Communications – claimed the firm will keep offering its other products that enjoy a solid level of demand. Scraping Some ETPs As revealed by Bloomberg, the company will close down the following five funds: the 21Shares S&P Risk Controlled Ethereum Index ETP (ticker SPETH), the...

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91% of Salvadorans Approve the Reign of BTC-Loving President Bukele (Survey)

A survey carried out by one of the leading daily newspapers in El Salvador – La Prensa Grafica – determined that President Nayib Bukele has the support of 91% of the locals.  The media outlet is known as an opposition to the ongoing political regime in the Central American country, prompting the leader to doubt that the figure might be even higher. Bukele’s Record Approval Rate El Salvador’s President, who took the helm in June 2019, enjoys one of the highest approval ratings...

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Peter Schiff Thinks BTC Will Eventually Be Worth Nothing

Economist Peter Schiff is confident that the price of bitcoin could eventually fall to $0. He also stated in a recent interview that the process won’t happen right away. Rather, he thinks it could be long and drawn out. We Can Always Rely on Peter Schiff for Negative Sentiment This is certainly a big step away from the more bullish analyses we’ve been receiving over the past few months. Earlier today, we published an article talking about William Noble, who famously...

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Comprendre le mempool de Bitcoin

L’Afrique parle Bitcoin organise ce soir un Space Twitter consacré au mempool * de Bitcoin. Où ? – Sur Twitter Quand ? – Dimanche 19 mars à 21h00 Avec @urbantech21M, @nourou4them, @pyupaXBT, @GloireKW, @Green_Hashrate, @AlexandroBtc, @MamanBitcoin, @eNLigths * Le mempool, ou memory pool, c’est l’espace, répliqué sur chaque noeud, réservé aux transactions candidates qui seront (le plus...

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Got Bitcoin? Argentina’s Inflation Rate is Now Over 100%

Argentina’s annual inflation rate surpassed 100% in February, marking a 30-year high since the nation’s hyperinflationary period in 1991.  Meanwhile, Bitcoin has appreciated against the Argentine Peso by 20% over the past year, despite posting a 34% drop against US dollars over the same period.  Government data released on Tuesday showed a Consumer Price Index (CPI) increase of 6.6% across the month alone, alongside a 13.1% year-to-date rise. The rapid debasement of the...

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William Noble: BTC Will Soon Reach $56K

2023 has led to several opposing thoughts when it comes to bitcoin, the world’s number one digital currency by market capitalization. Bitcoin Could Have a Very Good Year For some, the asset could go as high as $250,000. Tim Draper would attest to this, while others – such as Mike Novogratz – think the asset will be in good shape if it just ends the year at $30K. In any case, there are many resounding differences in what industry heads believe could come about over the...

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L’Entonnoir du bitcoin

L’Entonnoir du bitcoin est un Live stream Twitter à retrouver tous les dimanches à 18h00. On y parle exclusivement de Bitcoin et de son actualité. Où ? – Sur Twitter Quand ? – Dimanche 12 mars 2023 à 18h00 Au programme : – Les solutions commerçant de Swiss Bitcoin Pay avec @Jimmy_SBP– Retour sur la crise bancaire et son accélération avec @Theo_Mog– La carte des meetups de btcmap.org– Deux...

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Crypto Twitter Betting on ‘Hyperinflation’ Catapulting BTC to $1 Million in 3 Months 

Balaji Srinivasan, a venture capitalist and former CTO of Coinbase, claimed that the US economy would enter a phase of hyperinflation in 90 days, catapulting BTC to $ 1 million.  Balaji, whose crypto venture Earn.com was acquired by Coinbase in 2019, also offered to pay $1 million in BTC to the best 1,000 tweets that alert about stealth financial crisis.   Balaji Bets BTC to be at $1 Million  Yes. Just moving money for the bet. We can do it via smart contract, but for...

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Bitcoin Dominance Rises to 9-Month High as Altcoins Retrace (Weekend Watch)

Bitcoin’s dominance continues to increase as most of the alts have slumped today, while BTC maintains above $27,000. ATOM, LDO, and APT are among the most substantial losers today, dropping by up to 7%. Bitcoin Dominance Spikes to New Peaks The US banking crisis, in which three banks were closed within days, and the subsequent bailout speculations as well as US Fed lending $300 billion to certain banking institutions, pushed BTC north this week. The asset stood just inches...

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