Fidelity Investments’ veteran technical research analyst Jurrien Timmer who has 27 years of experience in the field, has shared an exciting finding. By plotting Bitcoin’s valuation against its price since its launch, Timmer concluded that Bitcoin is cheap. However, when he did the same thing with Ethereum, the results were even more startling and promising, … Read more
After being reined in by the Bitcoin bears, the world’s favorite crypto, Bitcoin has broken the shackles and is ready to breakout. Bitcoin has recovered to reclaim the $21K mark after staying above $20K for most of the week. The fight Bitcoin Bears vs. Bitcoin Bulls is truly on; let’s see how it unfolds by … Read more
Bitcoin volatile at $20k; the price is rising and falling at the threshold Binance president Zhao has already said that crypto winter is the best time to buy BTC The current appreciation is a result of positive sentiments due to the start of a new quarter in July, Q3 Bears are shorting the king coin … Read more
Do you know that El Salvador was the first country to adopt Bitcoin as its national currency? Bitcoin El Salvador story dates back to September 2021. El Salvador president Nayib Bukele purchased 80 BTC on July 1 and increased the country’s bitcoin reserves to 2,381. At present, El Salvador’s total bitcoin holdings amount to $46.1 … Read more
Who doesn’t find the cryptocurrency market intriguing? It’s only natural since it’s rapidly growing in popularity! One of the more popular cryptos is Bitcoin due to its popularity and high publicity. If you want to enhance your knowledge about Bitcoin, you should find out more about Bitcoin projects. These projects can give you an insight … Read more
In 2021, the value of Bitcoin and altcoins like Ethereum swelled and reached unprecedented heights. But skeptics believed that the price appreciation was a result of excessive speculations. And, it seems like the doubters were right in their belief. In 2022, Bitcoin and Ethereum crash has shocked the market. Let’s look at the reasons behind … Read more
Introduction In Feb 2022, the price of Bitcoin and other altcoin cryptocurrencies sank due to an escalation in Russia-Ukraine tension. The fall in price has many people perplexed, but others believe it to be a logical outcome of a hostile world event. Of late, Bitcoin proponents have vouched for the coin and compared it with … Read more
Do you know what is common between Bitcoin, Omicron, and Russia’s attack on Kazakhstan? Both have led to a decrease in the value of Bitcoin (BTC). But guess what? This trend does not surprise the investors at all, especially the big ones. On the contrary, many experts believe it is the right time to invest … Read more
A recent shutdown in Kazakhstan’s internet has sparked a drop in the global bitcoin computing power. This has caused a sharp decline for countries that have been heavily reliant on their mining industries, such as Kazakhstan. Kazakhstan has become one of the world’s largest bitcoin mining hubs this year after China, one of the largest … Read more
Experts predict that Bitcoin’s price will experience a tough test in the next few years. For now, it is stable. With the rise of cryptocurrency in 2021, the entire market was engulfed. Investors were excited and eager to take advantage of this new phenomenon and many people are excited to see what other applications will … Read more
People are increasingly turning to investments like cryptocurrencies with an exponential increase in value these days. Investment interest in these virtual assets has also seen an uptick over the years. As cryptocurrencies become more popular across countries, the number of investors also increases. India plays an important role in the crypto market too. Gone are … Read more
A cryptocurrency is a digital currency that securely streamlines and simplifies consumer transactions online. Speculators trade these unregulated currencies, leading to sky-high prices. Bitcoin (BTC) has had some dramatic price changes in 2021, hitting almost $65,000 in April before dropping to near $50,000 by May. Since then it’s continued to seesaw back and forth. It … Read more