Bitcoin is trading more or less where it was a week ago, following another seven days of choppy price actions. This time, however, it seems that it was an event that propelled its most recent decline and the catalyst was no other but Elon Musk. Last weekend kicked off with a crash towards $33K on Saturday, followed by an increase and yet another decline to roughly around the same area on Monday. As the workweek began, the price started recovering, and it reached well over...
Read More »May 2021 was the Worst Month for Bitcoin, but Many Analysts Remain Hopeful
The last six weeks have been some of the worst bitcoin has ever experienced. Despite only being around for roughly 12 years, the world’s number one digital currency by market cap has seen its fair share of dark days and radical price changes. Last Month was the Worst Point in Time for Bitcoin Initially trading for about $64,000 per unit in mid-April, the asset hit a massive snag that late last week, saw it shed approximately $30,000 off its price. Today, the currency has...
Read More »Online Bitcoin Slot Games 2021: 7BitCasino Integrates New Crypto Slots
Cryptocurrency gambling is getting more and more popular among casino fans. Bitcoin slot machine games are the top favorites among players. So, it is no wonder that leading online crypto casinos strive to expand their gaming lobbies with new titles. 7BitCasino regularly adjusts its online Bitcoin slots collection. Recently, they added several top-tier BTC slot games to their assortment. What Makes Online Bitcoin Slots So Popular The hype around crypto gambling is easy to...
Read More »Michael Saylor Bought Bitcoin on June 3 2020 After Realizing Owning Big Tech Stocks Doesn’t Work
During the ongoing Bitcoin 2021 conference, Michael Saylor spoke with long-time BTC proponent Max Keiser on why and how he started buying, the asset’s merits, and what cannot happen with it. Saylor, who has purchased tens of thousands of bitcoins for himself and the company he runs – MicroStrategy – in the past year, outlined his primary reason why he started purchasing. He was first offered bitcoin in 2014 when he skipped because he thought investing in stocks of “big tech...
Read More »Max Keiser: Buy Bitcoin to Help Your Family When the Global Economy Collapses (Exclusive Interview)
With the largest Bitcoin conference to date taking place in Miami, CryptoPotato had the chance to speak with one of the most prominent BTC proponents – Max Keiser. During the interview, the host of the Keiser report talked about the remarkable difference between the first Bitcoin conference in Prague ten years ago, price movements, crypto sentiment, and more. What a Difference Ten Years Can Make Keiser, who has been among the most well-known BTC bulls for over a decade, spoke...
Read More »Miami Mayor Opening Bitcoin 2021: The Days of a Currency Tethered to a Central Bank Coming to End
Bitcoin 2021, the biggest BTC-oriented conference so far, is taking place in Miami right now. Opening the event was, somewhat expectedly, the mayor of the city – Francis Suarez. Francis Suarez at Bitcoin 2021. Source: CryptoPotatoMayor Suarez spoke highly of Bitcoin and the entire movement of cryptocurrencies. He even compared them to what Miami is trying to achieve in becoming a technology hub. He said that many believe the current inflow of people to the city is mainly due...
Read More »HOPE Token Raised $125K to Donate to 3 Organizations Despite the Market Crash
[PRESS RELEASE – Please Read Disclaimer] June 4th, 2021- Despite the recent roller coaster in the crypto market HOPE TOKEN managed to donate $125K to three different organizations: Epilepsy Foundation, Sands UK (Stillbirth and Neonatal Death), and CHUF (Children’s Heart Unit Fund UK) Defying the common tone of anonymity found in the BSC crypto space, the Hope Token team, who flag transparency as their core value, made 3 very public transactions of the donations with...
Read More »Crypto Price Analysis & Overview June 4th: Bitcoin, Ethereum, Ripple, Cardano, & Solana
We saw another week of relatively choppy price action as the major cryptocurrencies failed to chart any serious gain. On the opposite – with a few exceptions, most of the coins underwater. Bitcoin Bitcoin is down by a total of 4.7% this week and is trading inside an ascending price channel as it battles to remain above the upper boundary at around $36,600. The cryptocurrency had an interesting week of trading after meeting the resistance at $40,760 (bearish .382 Fib) last...
Read More »RBI Has Conveyed its Cryptocurrency Concerns to the Government, Says Governor
Although the Reserve Bank of India recently issued a new circular clarifying that digital assets are not outlawed in the country, the entity still believes they carry significant risks. As such, the RBI has taken its concerns to the government, asserted the bank’s governor – Shaktikanta Das. The world’s second-most populated nation has always had a complicated relationship with the cryptocurrency space. An RBI directive from 2018, which most people considered as an all-out...
Read More »Bitcoin Whales Unfazed by the Elon Musk-Induced Volatility And Keep Buying
Bitcoin whales seem not to care about Elon Musk’s comments on bitcoin anymore as they have continued accumulating significant portions of the asset. Such wallets have expanded their BTC holdings by roughly $2 billion since the market started dumping. Bitcoin Whales Keep Purchasing Bitcoin whales are typically described as wallets containing between 100 to 10,000 bitcoins. According to data from the analytics company Santiment, such addresses have been unfazed by the latest...
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