According to Steve Ehrlich, co-founder of Voyager Digital, investors continue to dive into bitcoin amid global economic uncertainty. The cryptocurrency confirms the status of a haven asset. Ehrlich said: "Bitcoin is extremely resilient, and as it spreads further, it proceeds to position itself...
According to the financier and author of the famous book "Rich Dad Poor Dad" Robert Kiyosaki, precious metals and bitcoin will collapse in value if a vaccine against COVID-19 appears in the world. The emergence of such a drug will create conditions under which investor interest in...
Of the popular TV presenters, not only Max Keiser is interested in bitcoin. There are at least two leading news outlets on CNBC that believe cryptocurrency has tremendous potential. That is Joe Kernen and Jim Kramer. The first one said last year that the May halving of bitcoin (reduction of the...
Ziglu, which is a London-based challenger bank, has lately been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. The fintech then started peer to peer payments for both digital and fiat funds. Zigu co-founder and CEO Mark Hipperson informed that the...
After a few days of drops, Bitcoin has reacquired some value and now is about $10,500. Most altcoins are also recovering, with the total market gap increasing by $10B. The market experts mentioned the major event noticed within the last 6 months. During this time, crypto assets have been recording...
Cameron and Tylor Winklevoss are Internet entrepreneurs who led a seed-funding round for Bitcoin payment. Recently they have published a post expressing their opinions about Bitcoin's chances to succeed more. The brothers believe the price of Bitcoin can go up to $500,000. They mentioned that there...
The author of the legendary book "Rich Dad Poor Dad" Robert Kiyosaki announced the inevitability of a new global banking crisis. Moreover, the coming shock will be more widespread than in previous financial crises. "Investors need to accelerate the transition to "safe...
The Grayscale Investments report says that the current situation of bitcoin resembles the situation of 2016, that is, preparation for a historical breakthrough. Fundamental indicators of BTC continue to improve, which is undoubtedly one of the key drivers of asset value growth. The authors of the...
Since the beginning of 2020, the Turkish Lira exchange rate has fallen by more than 20%. Local investors are in a real panic. They are massively buying gold and dollars. Inflation approached 12% on an annualized basis. The Turkish bitcoin exchange BtcTurk, together with the Istanbul University...
A report from the Glassnode platform says that the number of bitcoins on cryptocurrency exchanges dropped to a new low earlier this week. At the moment, 2.61 million BTC are stored on trading floors, the lowest volume since November 24, 2018. Researchers remind that at the beginning of March until...
Euro Pacific Capital CEO Peter Schiff continues to criticize Bitcoin despite the recent surge in cryptocurrency to $ 12,000. On Twitter, the financier periodically publishes posts criticizing BTC and calls it a pyramid scheme. At the end of last week, Schiff posted another post in which he noted...
The policy of the US authorities creates conditions for the large-scale distribution of bitcoin, according to the CEO of Abra, Bill Barhydt. He expressed his point of view during a conversation with Morgan Creek co-founder Anthony Pompliano. The attempt by the US government to give a boost to the...
According to BitGo CEO Mike Belshe, each investor needs to invest up to 3% of their capital in bitcoin. This expert expressed his position on Twitter and stressed that in addition to BTC, you could buy gold. My dry cleaner called today to tell me they are out of business and I had to pickup. This...
Cryptocurrency exchange Coinbase plans to enter the crypto lending market. Coinbase customers in some US states will be able to obtain fiat using BTC as collateral. At launch, Coinbase plans to support 17 states. A Coinbase spokesperson told the lending service is going to launch in the fall....
Computing activity on the bitcoin network has begun to recover after falling last week. On Tuesday, August 11th, BTC hashrate exceeded 124.6 exahsh per second (EH/s), the highest since the end of July. The hash rate dropped to 119.8 EH/s last week. Despite small fluctuations, in general, throughout...
Pantera Capital founder Dan Morehead is part of the so-called bitcoin bull camp. He periodically makes predictions that the largest digital currency will be able to achieve great results this year. In 2021, the likelihood of a new leap is high. BTC can reach $ 100,000 or even exceed this...
On August 1st, Bitcoin Core 0.20.1 version was released, which contains a small number of modifications and improvements. The most significant changes concern peers that are sending invalid blocks. With Bitcoin Core 0.20.1, these users are not blocked, but marked as “not recommended nodes.”...
Back in early June, Bloomberg predicted that Bitcoin's upward movement will continue until the end of 2020. One of the analysts, Mike McGlone, stated that the cryptocurrency is going to be able to test the values at the $ 20,000 level. Bloomberg released its monthly cryptocurrency review...