Tag Archives: Bitcoin News

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...

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...

Charlie Munger – the righthand man of Warren Buffett (CEO of real estate giant Berkshire Hathaway) – has never been a bitcoin fan, and after his latest interview, it’s likely he never will be. Charlie Munger Makes His Hate of Crypto Clear During a recent discussion, Munger said of bitcoin and crypto: Sometimes I call it crypto-crappo and sometimes I call it, well, crypto sh*t. At 99 years of age, Munger has been around for some time. He’s probably gotten used to the way...

The bitcoin-loving nation of El Salvador has announced a new partnership with the state of Texas. Together, the two regions are planning to open what they’re calling a “bitcoin embassy” as a means of promoting use and increasing adoption. El Salvador Forms BTC Partnership with Texas El Salvador shocked the world in late 2021 when it announced plans to make BTC legal tender. It was the first country to do so. This meant people could go into any shop or business and...

Leading crypto Bitcoin climbed to $27K Friday, extending its 2023 bullish run amid intensified talks of a $100K price level.  Bitcoin (BTC) has extended its recent bullish momentum, recently hitting $27K for the first time since June last year. On Friday, the dominant digital currency climbed to $27,028, marking a 6.5% increase in 24 hours. This latest 6.5% price spike also saw BTC’s market cap swell within the same period to $549,070,761,254. However, Bitcoin has sustained marginal...

Bitcoin – the world’s number one digital currency by market cap – rose to $25,000 per unit in mid-February, thus giving traders newfound hope that the crypto market can indeed recover from its 2022 lows. Bitcoin Just Keeps Jumping 2022 was the worst year on record for the digital currency space. At the end of November in 2021, the price of bitcoin had risen to $68,000 per unit, the highest it’s ever been. Everyone was confident the space was going to reach all kinds of...

Mike Novogratz – a bitcoin bull and billionaire behind the hedge fund Galaxy Digital – is confident about BTC’s sudden price increases. He believes the currency could hit $30K in the coming weeks, and he’d be extremely “happy” if the asset stayed at that price through the end of the year. Mike Novogratz Doesn’t Think 2023 Will Be a Year of Huge Gains At first glance, this doesn’t sound like the opinion of a true bull. One who falls into this category would likely think...

The Messari CEO said firms may choose to use Bitcoin as the exit plan. The growing strain in the broader financial market has been tagged as a yardstick for a more ambitious fundamental that can drive Bitcoin (BTC) price growth according to projections from Messari CEO, Ryan Selkis. Taking to his official Twitter account, Selkis said he believes Bitcoin can touch a $100,000 price target within the next 12 months. As an expert who runs one of the most versatile crypto analytics platforms in...

As the Fed intervenes in order to prevent a crisis in the US banking system, analysts answer whether the Fed has chosen to pivot from its quantitative tightening measures. The banking crisis last week in the US pushed Wall Street to the edge giving glimpses of yet another 2008-like financial crisis. However, the Fed and other agencies intervened pumping a fresh $300 billion into the economy and thus increasing its balance sheet. This has served as a temporary oxygen to the global...

Students who finish the course will be given several options for continuing the Bitcoin journey, including the variant to start a full-time job at a renowned Bitcoin firm. El Salvador has come up with a new crypto initiative for its citizens. The Bitcoin Officer has announced a new six-month educational program called “CUBO+” that strives to churn out elite-level Bitcoin and Lightning developers via the Salvadoran university system. According to the announcement, the dev Bitcoin courses...