Bitcoin has now solidified its position as the digital gold, especially for young investors. It has outperformed gold for years now and has grown way ahead of the inflation rate, …
MoreTag: Bitcoin news
5,300+ BTC were bought by 3 of the largest Bitcoin whales on January 7
Chinese journalist Colin Wu, who covers everything related to the blockchain and crypto space, has taken to Twitter to share data about today’s purchases made by major cryptocurrency whales. Three of …
MoreThe chief market strategist: Bitcoin (BTC) is under a “nasty” pattern that will lead to a “dot-com moment”
With Bitcoin experiencing high volatility in 2022, Gareth Soloway, the chief market strategist at InTheMoneyStocks.com, has suggested that the asset’s price movement faces a bleak near-term future. Speaking to Yahoo Live, Soloway, who is …
MoreBitcoin’s (BTC) hashrate unmoved while Kazakhstan turns off the Internet
Bitcoin’s hashrate is largely unchanged despite a country that is thought to have about 5% of the global hashrate, Kazakhstan, cutting off the internet. The blackout appears to be fairly …
MoreNewly sworn-in New York City Mayor getting paid in Bitcoin suggests buying the dip
Newly sworn-in New York City Mayor Eric Adams is already using his influence to speak publicly about buying the recent Bitcoin dip. In a Thursday interview with CNBC’s Squawk Box, …
MoreAccording to Goldman Sachs, Bitcoin price to reach $100K, could steal attention from gold
The US multinational investment bank Goldman Sachs highlighted a scenario in which bitcoin hits the often-touted price milestone of $100,000. To reach that price level, institutional adoption towards the primary …
MoreEl Salvador president Nayib Bukele believes Bitcoin (BTC) will hit $100,000 in 2022
Nayib Bukele believes that Bitcoin will hit $100,000 this year despite markets having closed with their heads hanging in 2021. According to a Sunday tweet, the El Salvador president shared a …
MoreAn explosion in Bitcoin (BTC) hash rate; it hits a new all-time high
The new year has courted an explosion in bitcoin hash rate. According to data from Glassnode, the global hash rate is now 208 million terahashes per second. According to blockchain.com, the previous …
MoreMicroStrategy announced the company has purchased an additional 1,914 Bitcoins
IT-services company MicroStrategy continues its strategy to add bitcoin (BTC) to its balance sheet. With just hours left of the year, the company CEO Michael Saylor announced on Twitter yet another purchase …
MoreWhat Bitcoin price slump? Bitcoin (BTC) outperforms stocks and gold for third year in a row
Bitcoin may be down over 30% from its record high of $69,000, but it has emerged as one of the best-performing financial assets in 2021. BTC has bested the United …
More