Category: Bitcoin

International Monetary Fund’s (IMF) managing director Kristalina Georgieva says El Salvador’s move to adopt Bitcoin as a legal tender will introduce significant risks to the Central American country. Georgieva says that El Salvador’s adoption of Bitcoin as a currency will bring uncertainty to financial planning at the household, enterprise and national levels, among other risks.

Economist Steve Moore says that crypto assets such as Bitcoin are a threat to the dollar and have advantages over central bank digital currencies (CBDCs). In a recent interview with Kitco News, Moore says that although he doesn’t think the US dollar will lose its reserve currency status in his lifetime, he believes that crypto

Dan Held, the director of growth marketing at crypto exchange Kraken, is predicting what’s next for Bitcoin in 2021. In a new issue of The Held Report, the Kraken executive credits the 2013 bull cycle with catapulting Bitcoin (BTC) into “mainstream visibility.” “It [Bitcoin] started the year [2013] at $13, had a spike to $260,

Bitcoin (BTC) is gearing up for a comeback which should lead it to repeat classic bull run years 2013 and 2017, analysts are arguing. As $42,400 local highs appeared on July 31, narratives around the market are flipping back to a bullish Bitcoin “supercycle.” Bulls come out for 2021 close Bitcoin has been busy repairing

MicroStrategy’s chief financial officer (CFO) Phong Le says the enterprise analytics software firm, which currently holds over 100,000 Bitcoin, is open to buying more of the flagship crypto asset. In a Q2 earnings call, Le says MicroStrategy could buy more Bitcoin when financial conditions allow for it.   “Going forward, you should expect that we

In the last few weeks, the Bitcoin (BTC) mining market has experienced a black swan event, leading to a lot of uncertainty and confusion surrounding the future of the market. This is why I felt it was right to give the public a quick update and explain why it’s a fantastic time for Bitcoin mining

Bitcoin (BTC) shot to new highs of $42,400 on July 31 in a surprise attack on range resistance which sellers failed to squash. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin seals 10 green candles in first since 2012 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining for a tenth straight day across exchanges,

Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until the time of reporting. Specifically speaking, there are currently over 24,000 crypto ATMs located across the globe. Data further suggests

Pantera Capital founder Dan Morehead is anticipating a $700,000 Bitcoin (BTC) price on the heels of rising adoption rates. Launched in 2013, Pantera Capital is a crypto asset management firm that currently oversees more than $2.8 billion in assets.   In an interview on Yahoo Finance Live, Morehead outlines his bullish thesis, saying that the

Altcoin Daily host Aaron Arnold is listing five assets that he believes are primed to take off this August. First on the trader’s list is the flagship crypto Bitcoin (BTC). Arnold says that Bitcoin is experiencing an extreme supply crunch, which over time will send BTC’s price in one direction.   “You love to see