A new report by Bloomberg published on February 6, 2022, indicates that Bitcoin is poised for further price growth despite starting the year with massive correction. The Bloomberg Intelligence: Crypto Outlook report states that …
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Bitcoin shows bullish momentum, has broken out above a descending resistance line
Bitcoin had been decreasing underneath a descending resistance line since reaching an all-time high price on Nov 10. The downward move led to a local low of $32,917 on Jan …
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Asia’s crypto landscape continued to thrive, unabated by China’s sudden crackdown
A fundamental trait of crypto is as an asset class that transcends jurisdictions. Yet, one of the key hubs driving adoption and innovation is Asia. Since the heady days of Korea’s …
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Bitcoin (BTC) price predictions: $90k in 2022 and $406k by 2030
According to Finder.com’s latest Bitcoin Price Predictions Report, the panel predicted the peak in 2022 will hit $93,717. The panel in question was made up of fintech, cryptocurrency and NFT specialists. …
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El Salvador has relaunched its in-house Chivo wallet & plans to deploy 1,500 Bitcoin ATMs
El Salvador, the first country to adopt Bitcoin as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges of BTC transfers locally. With AlphaPoint integration, …
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Twitter founder Jack Dorsey: “Diem was a waste of time, Meta should’ve focused on Bitcoin (BTC)”
Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused its efforts on “making Bitcoin more accessible for everyone.” …
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Morgan Stanley on Bitcoin (BTC) ‘crash’: “Keep calm and carry on”
Analysts at Morgan Stanley have, in a research note titled “State of the Bear Market,” downplayed bitcoin’s 50% correction from its all-time high seen in November as the figures show …
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Michael Saylor: “MicroStrategy is exploring options to use its Bitcoin (BTC)”
MicroStrategy is looking to continue buying and holding bitcoin, as executives said the company’s options to pursue leverage, yield or strategic partnership opportunities using its bitcoin will increase as the …
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India has finally moved to officially classify cryptocurrencies as digital assets
After years of debate, a temporary ban by the Central Bank, a Supreme Court ruling and rumors of a ban by the Parliament, India has finally moved to officially classify …
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Bitcoin (BTC) network transaction volume surpasses American Express (AmEx)
New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021. The …
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