Tag Archives: Bitcoin News

Ethereum (ETH) has emerged as the top performer in the top ten crypto-list gaining over 14% and moving past $1,500 for the first time since the Merge event.On Tuesday, October 25, the broader crypto market made a sharp rally surging past more than 5% and above the $1 trillion market cap. As of the press time, the broader cryptocurrency market is up 7% with a combined market cap of $995 billion.The world’s largest cryptocurrency Bitcoin (BTC) has also gained 7% and is currently trading at...

Elon Musk has also made a bold prediction that the global recession will continue until near 2024 Bitcoin halving.Bitcoin has been in a bearish mode for some time with Peter Brandt, founder and CEO of proprietary trading firm Factor LLC predicting that the asset could trade between $17,000 and $23,000 till next year and a half before staging a bull run into new all-time highs. The current bear market has been linked to interest rate hikes to address the rising inflation, and it is unknown...

Bitcoin price started a fresh increase above the $20,000 zone against the US Dollar. The price is now trading above $19,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $19,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $20,400 level. Bitcoin price is rising above $20,000 against the US Dollar. BTC might gain bullish...

Mike Novogratz – the billionaire investor and head of hedge fund Galaxy Digital – has stated that if Jerome Powell and the Federal Reserve give up the fight against inflation, bitcoin could likely exceed all expectations and rise back up through the roof. Mike Novogratz Wants to Save Bitcoin In an interview, Novogratz commented: If he gives up this fight, you’re going to see bitcoin and other assets take right back off. Inflation is at a 40-year high in countries like...

Alessandro De Grandi is the CEO and founder of The Nemesis, a crypto gaming platform. He says he first bought bitcoin in 2010 and it was a truly thrilling experience that he still looks back on with great hope and love. Alessandro De Grandi and the History of The Nemesis When Grandi first bought the world’s number one digital currency by market cap, each unit cost less than one dollar. He later sold them for about $75 believing he had made a solid profit on the units,...

The veteran trader is not overly enthusiastic about the prospects of BTC until maybe after 32 months or thereabout.Veteran trader Peter Brandt has given a hint of what to expect of the world’s leading cryptocurrency Bitcoin (BTC) over the next few years. The respected trader spoke on CoinDesk’s “First Mover” program on Monday about the current state of the crypto, and its expected price movement in the next few months, among many other topics.Firstly, Peter Brandt admitted that BTC is...

ARK CEO Cathie Wood recently disclosed that she bought $100,000 worth of Bitcoin at $250 years ago and has never sold it.Cathie Wood recently revealed that she purchased $100,000 worth of Bitcoin (BTC) years ago when it was trading at around $250. The referenced unit price of the popular crypto suggests Wood made the purchase sometime in 2015. Speaking on Peter McCormack’s “What Bitcoin Did” podcast, the ARK Investment CEO disclosed that she has not sold any of that initial investment. This...

The CFTC has been working closely with the SEC to help provide crystal clear cryptocurrency regulations.The cryptocurrency market is getting shaped by global geopolitics. In the United States, the Commodity Futures Trading Commission (CFTC), under Chair Rostin Behnam, has been at the forefront of cryptocurrency industry regulations. However, it has been regarded as a friendlier regulator than the Securities and Exchange Commission (SEC).During a panel discussion hosted by law firm Lowenstein...

According to Robert Kiyosaki – the author of “Rich Dad, Poor Dad” – the dollar has strengthened over the last year or so, which is a primary reason why bitcoin has fallen so dramatically. Robert Kiyosaki: Buy BTC Now! If we all remember during the time of the pandemic, the dollar was weakened by thinning market conditions being faced by not only America, but by the global economy. This gave bitcoin the opportunity to rise as its main competitor was down for the count,...

It appears millennials are no longer interested in investing in crypto. At least not most millennials. A new survey suggests that the number of young investors seeking to put their money in assets like bitcoin and Ethereum has fallen from about 50 percent in 2021 to 30 percent in 2022. That’s a dip of about 20 percent – a big figure in just over a year. Millennials and Crypto Are No Longer a Match Much of this can likely be attributed to the idea that 2022 has been a...