Crypto news

People in the UK are more interested in Bitcoin and crypto today than in any other year, including 2017, when the digital asset boom was at its peak. According to a UK’s Financial Conduct Authority survey, about 78% of adults have now heard of cryptocurrencies, and more than 2.3 million people in the UK hold or have owned cryptocurrencies at some point. Crypto is a Serious Investment The way British people think about crypto has changed dramatically. The FCA mentions that...

63-year-old venture capitalist Tim Draper has always been there to support BTC. In a recent interview, he stuck to his guns and claimed, once again, that bitcoin was likely to hit the $250,000 mark by the end of 2022 or the beginning of 2023, something he has mentioned time and time again in the past. Tim Draper On Where BTC Will Go The price of bitcoin has not been in the best place. Recently, the currency – which was trading for about $64,000 per unit last April – fell...

Over the past seven days, we saw yet another unsuccessful attempt of Bitcoin to breach the coveted $40K mark definitively. Let’s roll back a little. Last weekend, the price was rather indecisive as it was struggling beneath $36K. All this changed on Sunday, however, when bulls stepped in and took control over the market. By Monday, BTC was trading above $40K, and it actually managed to stay there for a few days. This saw the community rather enthusiastic as the price was...

Suze Orman is a personal finance guru that knows a thing or two about bitcoin. She also has some very clear ideas about how someone should invest in it and how much they should buy. Suze Orman Discusses How BTC Investing Should Be In a recent interview, Orman claims that bitcoin should not be viewed as a currency, even though that is what it was designed to be. She says that for now at least, people need to be looking at it as a long-term investment if they want to...

The value of bitcoin has jumped somewhat over the past few days given that Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has changed his tune once again on bitcoin and cryptocurrency mining. Elon Musk Wants to See More Clean Energy Use Elon Musk has taken a lot of guff in recent weeks given that he rescinded a decision to accept bitcoin payments for Tesla-based goods and services before the company even began...

The 1xBit team is incredibly pleased to announce our latest event: EUROMANIA! The event will provide an opportunity for players to collect lottery tickets and get a chance to win big! The grand prize is 1 Bitcoin! Note: We want to highlight that having more tickets increases your chances of winning. 1xBit is all about fostering a sense of community and helping our members feel like they belong. Part of creating such a friendly and lively environment is creating...

The bitcoin reserves on BlockFi – the popular lending and borrowing platform enabling users to receive interest – have declined to an all-time low. This, combined with recent reports claiming that whales have started to sell off their positions, raises the question of whether large BTC investors may have averted from HODLing. BlockFi BTC Reserves Decline Founded in 2017, BlockFi allows investors to lend their cryptocurrency assets in order to gain interest. However, it seems...

The last week was rather challenging for altcoins as most of the major ones are trading in the red. Bitcoin managed to pull ahead a bit, which also resulted in an increase in its market dominance. Bitcoin Bitcoin is up by a very small 2.8% over the past week as it currently trades at $37,900 – just above the 20-day MA. The coin had provided some hope at the start of the week as it surged above $37,000 to break a falling trend line that has been in play since the mid-May...

After conducting tests for several months, the Swiss branch of the large Spanish bank – Banco Bilbao Vizcaya Argentaria (BBCA) – has announced plans to release two services related to the cryptocurrency industry. According to the official statement, private banking customers based only in Switzerland will have the option to trade bitcoin and other digital assets starting from Monday – June 21st. BBVA’s second service will enable its clients to store their digital assets on a...

[PRESS RELEASE – Please Read Disclaimer] Midtown, Gibraltar. Panther, a privacy-preserving protocol for digital assets focused on DeFi, has released its comprehensive whitepaper today. Formed in 2020 by leading entrepreneurs and technologists, Oliver Gale (CEO) and Anish Mohammed (CTO), Panther Protocol positions itself as a decentralized privacy metaprotocol that enables confidential, trusted transactions and interoperability in DeFi. In their whitepaper, the project...