Last week came with an immense bullish momentum for Bitcoin (BTC) and the entire cryptocurrency market, which came just a few points from hitting the $2trillion valuation mark. The bull market also saw Ethereum (ETH) and Binance Coin (BNB) break new record highs, while Bitcoin struggled with the $60k region. At press time, Bitcoin is […]
Goldman Sachs has announced that it will be offering its private wealth management clients exposure to Bitcoin (BTC), Bitcoin derivatives, other cryptocurrencies, and traditional investment vehicles. The bank noted that the new investment option would be available to its wealthy customers in the next three months. Clients will get educated about blockchain technology and the […]
Bitcoin (BTC) traded in a constrained manner over the past weekend but has unexpectedly broken out of its range and is now headed for higher bullish targets. According to some analysts at CryptoQuant, there might be a few fundamental factors behind the recent rise. One of the factors highlighted by the analysts was the recent […]
Argo Blockchain has announced its plans to construct the world’s first clean energy Bitcoin (BTC) mining pool. The London-based company revealed that it was partnering with DMG Blockchain Solutions to carry out the pioneering task. The environmental concerns of Bitcoin mining activities have always been a concern for many critics, given the hefty electrical requirement […]
The entire cryptocurrency market fell by about 8% over the past 24 hours, as Bitcoin (BTC) extended its correction. The early Asain session today was a bloodbath for the industry and shaved about $150 billion off the market cap of the industry. The massive drop got precipitated by Bitcoin’s failure to break the crucial $56,700 […]
Tesla’s plan to begin accepting Bitcoin (BTC) as payments for its vehicles is now live. The CEO of the company, Elon Musk, broke the news via Twitter on Wednesday. The Bitcoin payment option has gotten added to the company’s website, along with a section explaining how to make cryptocurrency payments. Musk noted that “Bitcoin paid […]
On-chain analytics provider, Glassnode, has reported that addresses holding 0.1 to 1 Bitcoin (BTC)—which it fondly calls “Sat Stackers’’—have seen a significant spike since March 2020’s cryptocurrency market crash. However, the firm also warned that its on-chain metric shows that the bull market could be entering its late stages. Glassnode explained that Sat Stackers have […]
The original Bitcoin takes center stage at Sir Anthony Ritossa’s 13th Global Family Office Investment Summit in Dubai as Jimmy Nguyen, founding president of Bitcoin Association, gave a keynote presentation and hosted a panel discussion and other Bitcoin SV proponents and clients presented testaments as to how it can be used in various business platforms. […]
Following a brief retest of the $60k area yesterday, Bitcoin (BTC) has fallen off a cliff by more than $4,000, dragging the entire cryptocurrency market along. The latest correction occurred over the past 24 hours but has since recovered above the $56k level. According to a report by Glassnode, the number of whales holding at […]
