Bitcoin enthusiasts and political pundits alike are abuzz following Florida Governor Ron DeSantis’s dynamic launch of his presidential campaign. What sets DeSantis apart from his competitors? Well, it’s his unwavering support for Bitcoin, a digital currency that has garnered significant attention and controversy in recent years. In a captivating Twitter Spaces event, alongside none other […]
A few hours ago, the candidate for the U.S. presidential election, Vivek Ramaswamy, announced that he would be accepting Bitcoin for campaign donations. Following the news, a cryptocurrency analyst stated his point of view on Twitter concerning the next direction of BTC. The cryptocurrency analyst, whose Twitter handle is Trend Rider, said that the price […]
Recently, there has been a substantial surge in transaction fees on the Bitcoin and Ethereum networks, reaching over twice their previous levels within a week. This article explains why this happened and what it means for the future. Although the fees are still far below the staggering heights seen during the 2021 bull run, the […]
Bitcoin, the reigning king of cryptocurrencies, is grappling with a persistent thorn in its side—scalability issues. These challenges have once again reared their heads, causing a drop in network usage and setting a record low for Bitcoin’s daily unique addresses performing transactions. On Thursday, May 18, the number dipped below 800,000, marking a 22-month low […]
Investors in the US dollar divert to bitcoin as US debt default risk increases. The diversion is due to the fact that most investors now prefer investing in gold and BTC to US dollars. This concurs with the Bloomberg survey from the previous week. Bloomberg predicts that rather than fiat currency, more investors will put […]
Altverse and Chainlink partnered together in the Build Program to promote decentralized identity adoption. The announcement about the recent partnership between Altverse and Chainlink was made official by Altverse. The main goal of the partnership was to solve security problems and enhance user control in a decentralized world. An additional benefit of the partnership is […]
Although the cost of mining has skyrocketed by about 200% this year, researchers’ expectations remain in favor of Bitcoin miners. As interest in renewable energy soars in the United States, the demand for natural gas plummets. As expected by the U.S. Energy Information Association, a depreciation in the price of energy is looming. While the […]
In the past few months, the value of Bitcoin has been bullish. However, the ongoing direction bias seems negative as BTC plummets momentarily downward. Moreover, as per Arkham Intelligence, a renowned crypto investor, Andrew Kang, has recently chosen to sell off a huge amount of BTC from his assets. The market’s outlook is bearish, as […]
Bitcoin has always been a subject of intense interest in the world of finance. The cryptocurrency’s meteoric rise and subsequent fall have made it the subject of many debates, with critics calling it a “bubble” and supporters calling it the “future of money.” However, the recent dip in Bitcoin prices and the mysterious whale transactions […]
