Tag Archives: BTCGBP

The past few days of April did not bring any substantial price moves in either direction for bitcoin, which remains north of $29,000. The altcoins are also calm during the weekend as the trading volume has disappeared. On a weekly scale, though, BTC’s dominance has risen by over a percentage. BTC Maintains $29K During Weekend This weekend resembles the previous one in terms of lack of volatility, aside from BTC’s highest price point. Last Monday began with bitcoin jumping to...

Bitcoin has finally calmed after the massive volatility mid-week and stands just above $29,000. The altcoins are also sitting quietly today, with Solana being the only notable gainer from the larger caps. BTC Maintains $29K This past working week started rather calmly, as bitcoin continued trading sideways in a tight range of around $27,500. The landscape changed on Tuesday when the bulls initiated a massive leg-up that ultimately drove the cryptocurrency to $30,000. However,...

The armed wing of the alleged terrorist organization Hamas – Al-Qassam Brigades – will reportedly stop receiving donations in bitcoin out of concern for the safety of the contributors.  The Israeli authorities have previously estimated that the entity funded some of its military campaigns through cryptocurrencies. The Defence Ministry seized over 100 digital wallets associated with the group over the past few years. Going Back to Traditional Methods A local media...

What a week it has been. The cryptocurrency market went on a massive rollercoaster where the market cap ping-ponged tremendously. At the end, it turned out somewhat fine, but what a ride it was. Let’s unpack. First things first, Bitcoin’s price was trading quietly around $27,500 throughout the beginning of the week, but all that changed on April 26th when it soared toward $28,500. After spending a few hours there, it was up only once again. BTC touched $30K and sent the...

Analysts at Bernstein Private Wealth Manager think the shaking banking system in the United States could benefit bitcoin adoption and potentially increase the price of the asset. The experts went further, advising people to invest in BTC, which could soon enter a new bull run due to the shaking condition of traditional finance. Weak Banks Could Pump BTC up Analysts Gautam Chhugani and Manas Agrawal believe the banking crisis in America could worsen in the future and suggested...

The American politician serving as the junior United States Senator for Texas – Ted Cruz – thinks bitcoin could be a lifeboat amid the inflationary environment supposedly created by Washington’s irrational decisions.  He revealed holding slightly more than 2 BTC and having a standing order to buy more of the primary cryptocurrency every Monday morning, regardless of its price.  BTC: A Hedge Against Inflation and So Much More In a recent appearance at The Bitcoin Policy...

By quoting Portfolio Shield’s inventor, Steven Van Metre, Robert Kiyosaki warned that gold prices could be heading toward a massive correction that could slash the value in half. At the same time, he reaffirmed his stance that “cash is trash” and his belief in the yellow metal as well as bitcoin. Gold to Drop Hard? The precious metal has been long praised as the go-to safe haven investment tool, given its history and positive performance in times of economic uncertainty. The...

The weekend saw the broader correction within the cryptocurrency market continue, and most projects failed to stage any sort of recovery. Bitcoin’s price is declining toward $27K and, at the time of this writing, is trading slightly above it. The past 24 hours offered no relief to altcoins as well, with most of them continuing their downfall. Let’s dive in. Bitcoin Price Struggling Around $27K The beginning of the new week has done little to help Bitcoin in its attempt to...

The authorities of Venezuela have reportedly urged local bitcoin miners to temporarily halt operations while inspecting a major corruption scheme that could have drained up to $20 billion. People who are part of President Maduro’s inner cycle are suspected of orchestrating the crime that involved the national oil and gas company – Petróleos de Venezuela. Pausing Crypto Activities During the Investigation According to a Forbes coverage, large-scale BTC miners in Venezuela will...

The cryptocurrency market took a beating throughout the past week, losing well over $100 billion in the process. This comes on the back of considerable losses across the board, with BTC’s price still unable to reclaim the $28K level. Bitcoin Price Below $28K Bitcoin managed to recover a slight 1% throughout the past 24 hours but is still down a lot over the week. Source: TradingViewThat said, the cryptocurrency is unable to reclaim the $28K, and it’s apparent that the bulls...