Unprecedented worldwide adoption of cryptocurrencies and blockchain technology is being driven by significant investments. We are exploring the recent increase in investments and spotlights the main figures advancing the blockchain and cryptocurrency revolution. Institutional Investments Boost Adoption In the global push for bitcoin acceptance, institutional investors have been key. Bitcoin […]
Tag: bitcoin
Increase In Crypto Adoption As Russia Embraces Bitcoin Mining
The rising interest from countries in Bitcoin adoption and the role of Bitcoin mining in this trend can be seen through the example of Russia’s Ministry of Energy pushing for the legalization of industrial crypto mining. This development highlights the growing recognition of the economic potential and significance of cryptocurrencies, […]
Cryptocurrency Derivatives: An Introduction To Futures, Options, And Trading Strategies
The world of cryptocurrencies has gained immense popularity over the years, with Bitcoin and other digital assets becoming familiar names. While this concept may seem complex at first, understanding cryptocurrency derivatives is crucial for anyone looking to delve into the world of crypto trading. Definitions Cryptocurrency derivatives are financial contracts […]
Brazil’s Crypto Regulations Framework Takes On A New Level
The recent signing of a new law by Brazilian President Luiz Inácio Lula da Silva marks a significant development in the regulation of cryptocurrencies in Brazil. The law grants the country’s central bank the authority to regulate and supervise cryptocurrency firms, while also recognizing the role of the securities regulator, […]
Republican Lawmakers Rally Behind Cryptocurrency Innovation, Leaving SEC to Fight Alone
In a recent development, Republican members of the House Financial Services Committee have called on the U.S. Securities and Exchange Commission (SEC) to withdraw its proposed rule to redefine the term “exchange.” These lawmakers argue that the proposed rule, if implemented, would impede innovation and adversely impact digital asset market […]
Analyzing The Impact Of The Fed’s Decision On The Bitcoin Market
The recent decision by the U.S Federal Reserve (Fed) to maintain the federal funds rate unchanged has generated implications for various financial markets. One market that has notably reacted to this decision is the Bitcoin market, with Bitcoin experiencing a 2% decline in value, dropping below $24k levels. In this […]
Regulation vs. Innovation: Is There Any Balance?
In the rapidly evolving world of cryptocurrencies, a constant battle rages between the need for regulatory oversight and the desire to foster innovation. The recent lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against BinanceUS and Coinbase have brought this tension to the forefront, igniting debates about the […]
Don’t Sell Your Bags Yet: Bitcoin’s Track Record Proves It Will Always Bounce Back
Bitcoin has been around for over a decade now, and it has faced its fair share of criticism and FUD (fear, uncertainty, and doubt) along the way. However, Bitcoin has always managed to come back stronger. Bitcoin Accused Of Being A Scam In the early days, Bitcoin was criticized for […]
The Journey Of Bitcoin Legalization In El Salvador: A Two-Year Review And Future Prospects
Two years have passed since El Salvador became the first nation in the world to recognize Bitcoin as legal tender. It’s unclear how the decision will ultimately affect the nation, which was received with both excitement and cynicism. The adoption of Bitcoin has been a rocky road thus far. Bitcoin’s […]
The Potential Benefits Cryptocurrency Could Bring to Underdeveloped Countries
The new digital asset class known as cryptocurrency has the potential to significantly alter several industries all over the world. While its effects are already being felt in rich countries, the adoption of cryptocurrencies in developing nations has the potential to result in a number of important advantages. Cryptocurrencies have […]
Bitcoin Price Analysis & Prediction (June 7th) – BTC Tumbles Below $26k as Bearish Pressure Continues?
After witnessing some recovery in the past week, Bitcoin topped out at resistance and initiated a heavy drop below the previous low. It lost 6% in the dip and has shown no sign of stopping at the moment. More bloodbath lies ahead. Following a bounce from the 4-hour channel’s lower […]
Bitcoin Price Analysis & Prediction (May 25th) – BTC Gains 2.5 Daily But Next Move Looks Dicey, Traps in a Range
The FUD surrounding Bitcoin lately is very much intact, but its recent sideways trend appeared to have kept traders in suspense of the next major movement. However, the price has increased by 2.5% earlier in 24 hours. After initiating a drop from $29,800, Bitcoin declined steadily for a week and […]
Bitcoin Price Analysis & Prediction (May 9th) – BTC Drops 1% Overnight Following Continuous Rejections Around $30k, Can it Pass Through?
Bitcoin went through a correction in April and later managed to recover but the $30k level has become a critical resistance to reclaim. It fell around that resistance yesterday and remained indecisive at press time. The primary cryptocurrency has changed levels, adding roughly $2k to its price since the start […]
Bitcoin Price Analysis & Prediction (May 3rd) – BTC Loses $28k in the Middle of The Storm, Where is it Heading Next?
In the middle of the storm, Bitcoin dropped below $28k in the past hour, looking for support to hold pressure. It may suffer more losses in the hands of the bears. But if solid support is located, a major recovery will start in no time. Bitcoin retested the $30k level […]
Bitcoin Price Analysis & Prediction (April 27th) – BTC Reclaims $28k With a Daily 2% Gains, Reliefs Bearish Sentiments
After losing several levels in the past week, Bitcoin found temporal support and traded calmy around the $27k level since the start of the week. More reds could be painted. Just after BTC failed to recover above the $28k level yesterday, the price retraced and started to form another swing […]
Why Are Bitcoin and Ethereum Prices Rising Right Now? (April 2023)
Bitcoin and Ethereum have been two of the most prominent and valuable cryptocurrencies in the market since their inception. In recent months (since 2023), their prices have experienced significant increases, with periods of high growth. Despite this volatility, both cryptocurrencies have continued to attract investors and enthusiasts, with many speculating […]
Bitcoin Price Analysis & Prediction (April 12th) – BTC Jumps 7%, Taps important $30k level After Three-Week Accumulation, Where Next?
Bitcoin finally resumed bullish after moving sideways over the past weeks. It saw a 7% surge overnight and reached a new milestone after ten months of trading. The price is still surging at the moment. After accumulating around the $28k zone for weeks, Bitcoin started surging yesterday and broke through […]
Bitcoin, Litecoin Halving And Potential Effects
Bitcoin and Litecoin are some of the top popular cryptocurrencies in the world, and their prices are influenced by a variety of factors, including supply and demand. One significant event that can affect the price of these digital assets is the halving event, which occurs roughly every four years. In […]