Tag Archives: Bitcoin

Popular cryptocurrency exchange Bitfinex has announced it will be donating approximately 36 bitcoin units as well as $600,000 in Tether funds to the Central American nation of El Salvador. The company says this is all part of its ongoing efforts to support the nation. El Salvador Is Getting BTC from Bitfinex El Salvador has long been a bitcoin-loving nation. The country was the first to declare bitcoin legal tender in September of last year, claiming it was doing so to...

Thomas Peterffy – a brokerage pioneer and billionaire investor – explained in a recent interview that he thinks bitcoin will eventually become worthless given inflation is slated to last for several more years. Thomas Peterffy Says BTC Will Fall to Zero The 77-year-old founder and chairman of the online trading platform Interactive Brokers took note of the fact that inflation in America has reached 9.1 percent, a new all-time high for the most powerful country in the...

A new poll is suggesting that most people think bitcoin will hit $10,000 per unit in the coming weeks and months rather than $30,000. Will Bitcoin Fall Down to $10K? The survey in question asked, “What do you think bitcoin will do first? Hit $30K or $10K?” Many of the survey respondents said that the latter number would be struck, suggesting sentiment surrounding bitcoin in recent weeks has become rather negative. The world’s number one digital currency by market cap is...

With the bitcoin and crypto spaces in full crash mode, many are wondering when these ugly bear conditions are coming to an end. According to many analysts, there is a light at the end of the tunnel in the sense that bitcoin is likely to top its near-$70,000 all-time high (achieved last November) before we hit 2025. Will Bitcoin Recover Before 2025? Meltem Demirors – the chief strategy officer at Coin Shares – is one of the industry heads offering this sentiment, claiming...

The crypto space isn’t doing well, but according to many analysts, the time to buy is now. Several industry heads are claiming that those who are enthusiastic about bitcoin need to begin stocking up and adding to their stashes quickly in that the market could find itself rebounding very soon. Analysts Say We Should Be Buying Bitcoin Should this happen, prices will immediately go up, meaning many of the traders and investors out there will get stuck paying higher prices...

Does bitcoin have a religious side to it many of us never knew existed? According to many traders, they have found God in bitcoin, and they are now reverting to their faith more than ever. Is God Present in Bitcoin? Tomer Strolight is one such person. He says he never believed in God up until 2013. That’s the year he discovered bitcoin. He found the asset fascinating and aside from investing in the currency, he says BTC has brought him something he never thought...

The bitcoin price isn’t doing very well as of late, but this isn’t deterring people from thinking the world’s number one digital currency by market cap won’t make a huge comeback next year. A New Poll Suggests Major Recovery for Bitcoin According to a recent poll, many crypto advocates and traders believe the digital currency could head to the top of the financial ladder in 2023. In fact, many of them believe that the currency could nearly double by the end of 2023,...

Omnia Markets, Inc.  – an artificial intelligence platform that offers crypto data and industry market information – is launching a new We Funder campaign to garner support for its new cryptocurrency education tool that will help investors understand the volatility that comes with digital assets. Omnia Markets Wants Educated Investors Many of the world’s biggest virtual currencies, such as bitcoin and Ethereum, will often experience heavy price swings that make the...

Rockefeller International managing director and chairman Ruchir Sharma thinks bitcoin is going to endure a serious comeback in the coming months. Ruchir Sharma on the Future of BTC At the time of writing, bitcoin is enduring one of the worst bear markets in history. The world’s number one digital currency by market cap shot up to roughly $68,000 per unit last November, thus achieving a new all-time high. However, the asset has since fallen by more than 70 percent and is...

Chelsea Manning has always been a bitcoin fan, though she’s more into the technology rather than the actual coin itself. She believes that the blockchain technology supporting BTC can potentially ensure that information is stored securely, though she doesn’t think the currency has much economic promise, nor does she think it will endure widespread adoption as a payment method. Chelsea Mannings Loves Blockchain, Not BTC Manning, as many of us remember, was pardoned by...