2022 began on a slower-than-expected note for Bitcoin (BTC), as the benchmark cryptocurrency put up an underwhelming performance despite several lofty predictions for the start of the year. The cryptocurrency has maintained a fearful investor outlook for the past few weeks amid a lasting bearish tone. However, Bitcoin’s hashrate has performed differently, as it records […]
As Bitcoin (BTC) ended 2021 in a dizzying fit and off the common expectations by market analysts, investors feel like they are starting 2022 in intense uncertainty. That said, prominent crypto investment analysts Anthony Pompliano recently shared his predictions for the crypto industry in 2022, adding that 2022 will change how most investors look at […]
As Bitcoin (BTC) ended 2021 in a dizzying fit and off the common expectations by market analysts, investors feel like they are starting 2022 in intense uncertainty. That said, prominent crypto investment analysts Anthony Pompliano recently shared his predictions for the crypto industry in 2022, adding that 2022 will change how most investors look at […]
According to recent data, the use of Replace-by-fee—a transaction option on the Bitcoin (BTC) network that allows you to increase the fee on a transaction after it has been submitted for quicker completion—increased by over twofold in 2021. Analysts opine that this could indicate that Bitcoin adoption has triggered an increase in competition for users […]
The third-wealthiest man in Mexico has doubled down on his pro-Bitcoin statements after recently advising people to avoid fiat currencies and invest in Bitcoin (BTC) instead. Ricardo Salinas Pliego made the comments on a video posted on Twitter, where he wished his followers compliments of the season. Salinas is the founder and chairman of Grupo […]
President of El Salvador, Nayib Bukele, announced on Tuesday that the country had purchased more Bitcoin (BTC). Bukele noted that the purchase was intended to commemorate a meme occurrence around number 21. The President broke the news via a Twitter post, which began with: “El Salvador’s entire size is 21,000 km2. Coincidence? I don’t think […]
According to new research reports, only a minority group of wallets hold the lion’s share of Bitcoin (BTC). The report revealed that the top 1% of wallets control more wealth than most affluent households in the US. More surprisingly, the top 0.01% of Bitcoin holders control 27% of all BTC in circulation. The details emerged […]
As Bitcoin (BTC) struggles to keep bears at bay, the United States Securities and Exchange Commission (SEC) has announced the postponement of its decision on the Bitwise Bitcoin ETP Trust and Grayscale Bitcoin Trust applications. The regulatory authority issues two separate extension dates for both applications to decide whether to approve, reject, or “institute proceedings […]
Bitcoin (BTC) and most of the crypto market breathed a breath of fresh air late yesterday, following a favorable reaction to the recently-concluded US Federal Reserve meeting, as the Fed opted to keep its rates unchanged. The end-of-year policy focuses on promoting jobs and gaining price stability in the medium term. The official PR of […]
