Category: Bitcoin

Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets.  Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the

Bloomberg Intelligence commodity strategist Mike McGlone is weighing in on Bitcoin’s (BTC) outlook and whether or not the top crypto is more likely to revisit $60,000 than to drop to support at $20,000. Eric Balchunas, Bloomberg’s exchange-traded fund (ETF) senior analyst, shares a section of McGlone’s report in which the commodity strategist explains how BTC’s

Not all hedge fund managers are sold on crypto as Man Group CEO Luke Ellis has compared cryptocurrencies to tulip bulbs. Speaking to the Financial Times, Ellis remarked that the utility of crypto comes from its volatility, thus presenting the asset class as a viable trading opportunity. According to the CEO of the world’s largest

Alongside cryptocurrency’s decade-long adoption drive, the crypto ATMs continue to momentum across the globe. Based on Coin ATM Radar’s latest data, crypto ATM installations in 2021 witnessed a spike of 71.73%, pulling up the numbers from 13,993 in 1st Jan to 24,030 at the time of reporting.  Last year, the global count rose to 13,993

Financial services technology platform BitcoinIRA is seeing massive growth in transactions as investors flock to crypto for their retirement savings, according to a CNBC report. BitcoinIRA is a California-based firm that allows its clients to invest in crypto assets with the kind of tax breaks that come with an individual retirement account (IRA).   According

Bitcoin (BTC) is nearing $40,000 this Monday as a new week gets underway with a bang for bulls. A calm but confident weekend culminated in a dramatic run-up overnight Sunday, with BTC/USD swiftly nearing the top of its multi-month trading range. With favorable fundamentals and a lot of liquidated bears, Bitcoin looks set to investigate

The price of Bitcoin has surged more than 10% over just a few hours earlier today, with prices quickly surging from roughly $35,000 to tag just shy of $40,000 on July 26. Price action shows a violent short squeeze that occurred as prices broke above $35,000, with bullish momentum suddenly accelerating as prices quickly rallied

Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other digital assets, according to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve.  Forty-three percent of the polled respondents said they owned cryptocurrency, with 46% planning to buy digital assets in

Bitcoin’s (BTC) recovery is facing stiff resistance near the $35,000 mark but Bloomberg Intelligence senior commodity strategist Mike McGlone remains bullish. In his latest analysis, McGlone said that the probability of Bitcoin hitting $60,000 is greater than the price dropping to $20,000. Institutional investors seem to be using the weakness in Bitcoin to build their