Category: Bitcoin (BTC)

Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud

A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm in 2020 According to […]

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$1 Million per BTC in 10 Years: ‘In Terms of Dollars Bitcoin Is Going to Infinity,’ Says Kraken CEO

While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation per coin. “When you measure it in terms of […]

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South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic

As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new era of “crypto moms” is emerging across the board in the country. Millennials Are Lagging Far Behind, Says Study Per […]

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Microstrategy Acquires Another $10 Million in Bitcoin, Company Balance Sheet Nears 100K BTC

On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company’s CEO Michael Saylor revealed the latest purchase on Twitter with a link to a Form 8-K Securities and Exchange Commission (SEC) filing registered on March 5, 2021. Microstrategy’s Bitcoin Buying […]

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‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway

The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the […]

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The Many Facts Pointing to Cypherpunk Len Sassaman Being Satoshi Nakamoto

Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month which attempts to tether the well known and now deceased, Len Sassaman to the creation of the first cryptocurrency. Moreover, […]

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Bitcoin Price Prediction: BTC freefall to $42,000 beckons amid extremely drained bullish front

Bitcoin rejection from $52,000 leads to unstoppable declines under $50,000. Technical indicators flip bearish for Bitcoin, adding weight to the impending price drop. The IOMAP model reveals immense resistance ahead of BTC and robust support, hinting at a potential consolidation. Bitcoin continues to explore price levels under $50,000 following a recent rejection at $52,000. Initially, […]

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Bitcoin Price Forecast: BTC elevation to $52,000 catches momentum

Bitcoin bounces off short-term support at $47,000 as bulls nurture the uptrend to $52,000. Bulls must defend the support at the 50 SMA on the 4-hour chart to avoid retreats toward $42,000. Bitcoin embraced support at $47,000 on Tuesday following the rejection at $50,000. Losses toward $42,000 had become apparent, especially after the 50 Simple […]

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The Largest US Options Exchange Cboe Applies to List Vaneck’s Bitcoin ETF

The Chicago Board Options Exchange (Cboe) has applied to list the Vaneck Bitcoin Trust, as an exchange-traded fund (ETF) if the fund is approved by the U.S. Securities and Exchange Commission (SEC). The filing Form 19b-4, if approved by financial regulators, would allow Cboe to “list and trade shares of the Vaneck Bitcoin Trust.” Cboe […]

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Crypto Markets Regain Billions, Bitcoin Price Bounces Back 15%, Analyst Says ‘Resurgent Mood In the Air’

The price of bitcoin and a number of digital assets saw significant gains on Monday, as the entire market capitalization of the crypto economy has gained 2.4% in the last 24 hours. Bitcoin’s value passed the psychological $50k zone after hitting a low of $43,021 the day prior on Sunday. Bitcoin (BTC) touched a high […]

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