Peter Schiff, who heads financial services firm Euro Pacific Capital, is known as one of Bitcoin's fiercest opponents. This businessman on Twitter and during his public speeches always points out the risks of investing in cryptocurrency. In his opinion, BTC is the greatest bubble he has ever seen....
The correlation between Ethereum and Bitcoin prices weakened, and cryptocurrencies began to move in different directions. BTC continues to make new highs, trading above $ 13,000, while ETH, by contrast, has fallen below the critical level of $400. That is an alarming signal for the largest altcoin....
Over the past few days, the correlation between Bitcoin and the US stock indicator S&P 500 has increased again. That is an alarming trend, analysts from the Santiment team say. Their report says that the US market is now stagnating due to the upcoming presidential elections. The Federal Reserve...
Bitazu Capital establishing partner and crypto analyst Mohit Sorout thinks Bitcoin could rise to a new record high in 3 months when it gets out of the existing scope. The price of Bitcoin has been strengthening during the last months. According to Mohit Sorout's words, if the BTC breaks out...
After Bitcoin rose in price to $ 11,700, analysts from the Skew team recorded an increase in trading in BTC futures. Researchers have noticed a resurgence of open investor interest in the product. Trading activity is picking up this week on most futures platforms, signaling a return for...
One of the largest investment banks, JPMorgan, commented on earlier information about the decision of the IT company Square to invest in bitcoin. The financial giant believes this is another step towards popularizing the cryptocurrency industry. Recall that Square recently invested $50 million in...
The French Ledger, which is best known as a manufacturer of crypto hardware wallets for retail investors, has been actively promoting its Ledger Vault custodian solution, which targets institutional clients since last year. Ledger is currently offering this product to MicroStrategy, which invested...
Bank of England Governor Andrew Bailey is still extremely skeptical of Bitcoin. Last Monday, October 12, the head of the Central Bank at one of the events expressed concerns about the growing popularity of cryptocurrency. Bailey recalled that the use of BTC as a payment instrument poses threats to...
If the Democratic candidate Joe Biden becomes the president of the United States, then the phase of mass adoption of bitcoin will begin. They published a report later this week, which also says that if Biden wins the election, the likelihood of Bitcoin ETF approval is high. If a new team comes to...
Several online sources recently have spread the rumour that Italian businessman Flavio Briatore has recommended the use of Bitcoin systems and claim that he has made a fortune through Bitcoin Up. After the inquiry of journalists, it became clear that the entrepreneur had never suggested the use of...
The number of addresses with non-zero balance continues to grow in the Bitcoin network. That is evidenced by the latest data from the Glassnode service. In the middle of this week, it became known that 3.141 million wallets own 0.1 BTC or more. If you look at the graph provided by analysts, you...
In the fourth quarter of 2020, Bitcoin is expected to strengthen, but a large-scale expansion will begin next year. So says famous analyst Willie Wu, who posted on Twitter a series of posts in which he analyzed the medium-term prospects of the largest digital currency. The cryptocurrency market is...
The British politician Godfrey Bloom is known as a protestor against the banking system terming it a hoax and saying that the entire institution is meant to steal from people. Godfrey Bloom worked as a Member of the European Parliament (MEP) for Yorkshire and the Humber till 2004 to 2014. He's an...
Cryptocurrency exchange Bitfinex, in partnership with the Celsius Network platform, will provide its users with the opportunity to receive rewards from storing Bitcoin (BTC), Ethereum (ETH), and XRP. According to the press release, starting October 15, Bitfinex customers will be able to create and...
There are different opinions about the first debate of the 2020 US presidential elections. This event is of course being discussed by crypto users a lot. Recall that last time there was a presidential debate, Bitcoin’s Price Was $630. Many things have changed since 2016, but one thing is...
Twitter founder Jack Dorsey continues to point to the enormous potential of the largest digital currency. He has repeatedly praised Bitcoin and stressed that it is the only currency on the Internet. Dorsey recently reaffirmed his commitment not only to Bitcoin but also to blockchain technology. He...
Transactional activity on Ethereum has confidently started to increase this summer. The expansion of the DeFi decentralized finance market has become a central driver of the network's growth. Despite the fears of some skeptics, this ecosystem continues to evolve, attracting more and more users....
Four members of the legislature of Israel find it better if digital assets would be taxed as a fiat. Presently, Bitcoin is taxed 25% while converted into fiat, or 15% for short-time funders. According to officials, if the bill accepted, Israel’s 25% capital gains rate on bitcoin will no longer...