The creator of the popular Bitcoin (BTC) stock-to-flow model, PlanB, has revealed that the benchmark cryptocurrency is gearing up for a bounce to the $100k mark. According to his analysis using the S2F crypto-asset model, a new bullish indicator has just emerged for Bitcoin, suggesting that this bull-market cycle will peak at $100k or higher. […]
The United States government, along with some private sector players, are calling for a more detailed Bitcoin (BTC) regulation to help prevent the use of cryptocurrency as ransomware payments. According to an inside source to Reuters, a panel of experts comprising of the FBI, the US Secret Service, and some tech and security companies, are […]
Bitcoin (BTC) has become increasingly popular in Turkey over the past few weeks, as the number of Google searches for the benchmark cryptocurrency in the country soars. According to Google Trends, the number of searches for the benchmark cryptocurrency has been steadily increasing in recent months. This adoption increase comes as the Turkish government seeks […]
With recent talks of regulations getting drafted, many crypto enthusiasts are concerned about the possibility of an outright ban on Bitcoin and other cryptocurrencies. Some analysts, including Bridgewater Associates founder Ray Dalio, The Big Short’s Michael Burry, and Ron Paul, have opined that world governments could ban Bitcoin and other cryptos if they threaten their […]
The past seven days have been a significantly bad one for the cryptocurrency market, as Bitcoin (BTC) and almost all altcoins suffered massive declines. The recent bear market has forced the total capitalization of the crypto market to drop below $2 trillion. Bitcoin traded on a sideways pattern between $61 and $63k last Friday before […]
Bitcoin changed little during the weekend and after the last aggressive sell-off. It’s traded at 49,740 being located under broken downside obstacles. The bias is bearish in the short term after escaping from a major Rising Wedge reversal pattern. Still, the current corrective phase could end soon after the rate reaches strong support levels. The […]
Bitcoin (BTC) has refreshed its daily lows after seeing a sharp reversal from the $55k level along with the US stock markets following President Joe Biden’s new tax proposal. The benchmark cryptocurrency is currently trading at the $52k area on most exchanges. Biden intends to increase capital gains tax to 43.4% for Americans with income […]
After several years of opposing cryptocurrencies and even calling it a fraud at some point, behemoth investment bank JP Morgan Chase & Co. has announced that it is hiring developers for Ethereum and blockchain development. The job listing was published on Glassdoor, a renowned US job and recruitment website. The firm noted that it is […]
WeWork has joined the growing list of large companies to begin accepting cryptocurrency payments. The global office-space provider announced that it partnered with Bitpay and Coinbase for “inbound and outbound” transactions. WeWork is a leading provider of workspace and environments for individuals and businesses, from freelancers to Fortune 500 companies. With more than 800 workspaces […]
