Category: Blockchain

India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time

The possibility of banning cryptocurrencies in India, Asia’s second-most populous nation with an enormous amount of cryptocurrency backers, has been brought up again after a senior official confirmed ongoing talks about a bill criminalizing investments in the booming asset class. Per a Reuters report on the matter, the bill will particularly penalize digital currency miners

Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Richard Byworth, the CEO of Diginex Ltd., a Nasdaq-listed digital asset financial services company, has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year. As reported by Bloomberg, Byworth attributed his price call to the potential impacts of the newly signed coronavirus stimulus checks. Each eligible American will be entitled

Bitcoin (BTC) Price Analysis – March 15,2021

Bitcoin has tripled in value over the last three months and has risen by more than 1,000% in the past year, surging higher due to the increasing demand of hedges against inflation and plenty of speculative opportunities by institutions and companies. Bitcoin Price Analysis Source: BTC/USD 4-Hour via TradingView Bitcoin (BTC) performed strongly in the

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly. Institutional wave continues to push Bitcoin higher At the time of writing, the cryptocurrency is steadily trading above $60K. Analysts are attributing Bitcoin’s surge to in price to the institutional investments that have continued to back the

Bitcoin Crosses $61K as Bull Run Continues

Bitcoin (BTC) has soared to new heights by hitting an all-time high of more than $60K not seen in its twelve-year history, as acknowledged by Investing.com. The global financial market data provider noted on Saturday: “Bitcoin hits new all-time high of $59,400 in Saturday trade.” The price had surged to $61,173 by the

Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO

Lex Moskovski, the CEO of Moskovski Capital, has disclosed that spot buyers are fuelling the present BTC uptrend, which is bullish. He explained: “Very low funding for these price levels. Many people have deleveraged before the price uptick. It is safe to say that the current Bitcoin surge is driven by spot buyers. Bullish.”

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Bitcoin (BTC) has been on overdrive as it surpassed the psychological barrier of 58k and hit $58,156 on March 11. Even though the leading cryptocurrency has retracted to $56,721 at the time of writing, it has recorded green bullish candlesticks for seven consecutive trading days. Dan Tapiero, the co-founder of fintech and digital asset firm

4 Reasons Why Bitcoin Surged to $58,000

The Bitcoin price has shown green bullish candlesticks for 7 consecutive trading days. There are a few factors that have served to push Bitcoin’s price higher. Reason 1: The Senate has passed the 1.9 trillion US dollar stimulus plan with 50 votes in favour of it and 49 votes against it. U.S. President Biden signed the