Category: Bitcoin

Analyst Justin Bennett expects that crypto investors will face much more volatility in the weeks ahead. Bennett argues that the recent crash in Bitcoin’s price was driven by wealthy players who now have an opportunity to increase their positions in the flagship cryptocurrency. “Today’s rally is nice to see, but don’t forget who just took

Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount of energy required to mine Bitcoin has created concerns for investors who were considering BTC as an option to diversify.  According to the Cambridge Center

Former Goldman Sachs executive Raoul Pal says the crypto industry exhibited remarkable structural resiliency amid the most recent price crash. Pal, the current chief executive of Real Vision, says the crypto industry largely absorbed the downtick in price without punishing anyone but speculators. “Headline: A major asset class crashed 42% in 14 days, wiping out

The U.K bank with the worst record for dealing with scam complaints has issued a cryptocurrency scam alert. NatWest, which was rated as the worst U.K bank for accurately discerning legitimate fraud complaints in 2020, sent the warning to users of its mobile banking app after it reportedly received a record number of scam reports

Crypto analyst Michaël van de Poppe is tracking the prices of five low-cap altcoins he thinks could break out. Van de Poppe tells his 320,900 Twitter followers that the scalable blockchain network Elrond (EGLD) will likely bounce off a major support level en route to an all-time high. “Quite following this old chart and path.

Bitcoin (BTC) may get a boost to finally clear $40,000 at the expense of the U.S. dollar as United States President Joe Biden’s new $6 trillion federal spending budget proposal is unveiled. On May 28, the United States president will announce the massive fiscal policy, the largest since the Second World War, to ensure investments

The United States Securities and Exchange Commission is looking to cooperate with Congress and other regulators to increase its oversight of cryptocurrency exchanges. Gary Gensler, the newly appointed chairman of the SEC, said that the commission is looking forward to working with fellow regulators and Congress to fill gaps in investor protection in crypto markets. 

The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion worth of Bitcoin — according to current exchange rates — into wallets that hold at

Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey. The Economist Intelligence Unit, the research and analysis division of the Economist Group, released a new report called Digimentality 2021. The study was commissioned by

Castle Island Ventures’ Nic Carter doesn’t think Elon Musk is the right person to lead the “clean Bitcoin“ debate, “possibly not as far as the Bitcoin community is concerned.”  He told Bloomberg, “Bitcoiners are still intensely skeptical of Musk, and they view him as conflicted given that his business partially involves the sale of offsets.” However,