At the time, Bitcoin is the most popular Cryptocurrency. Nowadays, learning how to trade Bitcoin is a skill that is good to possess. In this article, we will attempt to discuss seven crucial tips you should know in order to be a successful Bitcoin trader. 1. Research the Market As we all know, before entering […]
Australian entrepreneur Fred Schebesta plans to give A$5 worth of Bitcoin (BTC) to Australians as an incentive for taking the COVID-19 vaccine. Given the population of Australia, Schebesta would distribute A$104 million (approx. 75 million USD) if the whole population gets vaccinated. The co-founder of the financial comparison website Finder made his intentions to reward […]
Bitcoin (BTC) and the rest of the cryptocurrency market traded lower in early Thursday, as the bearish sentiment that started at the beginning of the week grows. Bears took a cue from the failed attempt by the industry to change a tax reporting requirement in the US Infrastructure Bill. Despite the renewed bearish pressure, CEO […]
Bitcoin’s reputation has grown so much in recent times that it is now considered “Digital Gold”. There are 2 camps already; those who support Bitcoin as a better investment than Gold and those who say Gold holds the baton as a “store of value”. In this article, we have addressed this topic. Let’s find out […]
According to the latest report from on-chain data provider Glassnode, Bitcoin (BTC) mining revenue has spiked by 57%, reclaiming mid-2020 levels. After the anti-crypto mining campaign by the Chinese government some months ago, which displaced a significant percentage of global miners, mining levels dropped significantly. In May, Bitcoin mining power peaked at 180 EH/s before […]
New on-chain statistics suggest that Bitcoin (BTC) is more valuable today than ever for the ecosystem, despite the difference between its current price and that of its all-time high days. The statistics, curated by on-chain data provider Glassnode, noted that the current “realized” market capitalization of Bitcoin (BTC) surpasses the figures recorded in April 2021 […]
Bitcoin (BTC) appears to have regained a bullish outlook, as it maintains its position above the critical $45k mark and is up by 19% over the past seven days. Famous crypto analyst Willy Woo recently noted that the BTC network activity is picking up steam once again. The Chinese-based analyst asserted that the user base […]
Bitcoin (BTC) retains a bullish bias in the early hours of Tuesday despite the ongoing talks of the US Infrastructure Bill. The benchmark cryptocurrency trades healthily above the crucial $45,000 psychological support as bulls control the market. The US Senate failed to agree upon a series of amendments to the Infrastructure Bill that would liberate […]
The holder of the largest institutional Bitcoin (BTC) investor MicroStrategy, has announced that it plans to continue stocking up its BTC holdings, despite the $424.8 million impairment it recorded in Q2 2021. The cumulative impairment comes in at a whopping $689.6 million since Q3 2020. As of June 2021, the behemoth investor held 105,085 BTC […]
