Category: Bitcoin

Bitcoin (BTC) may be just 10 years away from seeing mass adoption in an event known as “hyperbitcoinization.” That’s according to participants of the Bitcoin 2021 conference in Miami, who on June 4 delivered surprisingly optimistic verdicts on when hyperbitcoinization will come. Bitcoin could be unit of account by 2031 Speaking on a panel, The Bitcoin Standard

Bitcoin (BTC) prices fell by almost 5% on June 4, continuing the decline into the Friday session as investors grappled with Elon Musk’s cryptic tweets on the cryptocurrency, raising speculation that the Tesla CEO might dump the firm’s remaining 43,2000 BTC stash. #Bitcoin pic.twitter.com/lNnEfMdtJf — Elon Musk (@elonmusk) June 4, 2021 Nonetheless, Bitcoin’s move downside

When it comes to China, few things are crystal clear, and the nation’s recent crackdown on crypto mining is no exception. The State Council’s Financial Stability and Development Committee reported on May 21 that it is curtailing Bitcoin (BTC) mining amid financial risk concerns, which prompted the South China Morning Post to proclaim that “China’s

Sberbank and VTB, the two biggest banks in Russia, are not willing to move into the cryptocurrency market in the near future as their CEOs believe that crypto is either too risky or fake money. Sberbank CEO Herman Gref said that cryptocurrencies like Bitcoin (BTC) are probably the riskiest type of investment alongside the equity

Bitcoin (BTC) losing over 50% in a month may have a big silver lining as lower prices set up a classic bull flag. On Thursday, Philip Swift, creator of the Pi Cycle Top indicator, said that this year could still see a major Bitcoin price high. BTC price drop’s saving grace? Pi Cycle Top uses

Some of Dogecoin’s (DOGE) observable metrics depict a blockchain in violent flux amid the fallout from the meme coin’s Coinbase Pro listing. The dollar amount sent across the blockchain in a single day exceeded $47 billion on Thursday — a 690% increase on the figure from less than a week before. Dogecoin’s price climbed 40%

GCash, a major digital wallet in the Philippines, is reportedly considering introducing crypto trading services. GCash CEO and president Martha Sazon announced that the firm is looking at offering users the ability to buy, sell and store cryptocurrencies like Bitcoin (BTC) on its platform. In a Monday interview with The Philippine Star, Sazon said that

Tesla CEO Elon Musk has brought more stress to the cryptocurrency markets by posting another series of cryptocurrency-related tweets on Thursday. Bitcoin lost around $2,000 in a matter of hours after Musk took to Twitter to post about Bitcoin (BTC) again. The Bitcoin price reacted immediately, dropping from around $38,700 to $37,500 in an hour.

The Miami Bitcoin 2021 conference officially kicks off on June 4 and with it has resurfaced controversy over crypto tribalism involving some of the industry’s leading figures. Organizers expect attendance exceeding 50,000 for the Mana Wynwood Convention Center hosted conference. Among the attendees in Miami this year is the founder of Quantum Economics and a

A crypto whale that hadn’t moved its Bitcoin stash in nearly nine years just shipped about $34 million worth of BTC to another wallet, according to the crypto tracker Whale Alert. The wallet first received 900 Bitcoin at 4:40 pm on August 16, 2012.   Bitcoincharts indicates BTC was trading around $13.50 at the time,