Since the $3,700 lows, Bitcoin has roared higher, crossing above resistance after resistance in succession. Just recently, BTC tapped $10,000. Although impressive, a top analyst expects for the cryptocurrency to head even higher, citing three “solid” tailwinds for this market. BITCOIN’S MACRO TAILWINDS ARE GROWING There’s a confluence of four fundamental Read more…
On May 6, Square released its filings for the first quarter of 2020. The filings publicized revenue for Square’s Cash App, a majority of which came from Bitcoin. The numbers for Q1 and Bitcoin’s role $306 million of Cash App’s $528 million revenue for the first quarter of the year came Read more…
Bitcoin’s block reward halving is here at long last. Estimates suggest that the event is a mere seven days out from taking place. The halving is an event that will see the number of coins issued per Bitcoin block cut in half from 12.5 to 6.25. This will result in an instant 50% Read more…
The Porn Industry Reported Increased Interest From Crypto Users Worldwide. As the world struggles with the ongoing COVID-19 virus outbreak, people are trying to get used to living indoors. The world of online entertainment experienced a massive boost in terms of a raised demand, as streaming and gaming services increased in popularity. Read more…
With most asset classes hurting during the coronavirus pandemic, one cryptocurrency has emerged as the biggest winner in that sector: The token known as Tether. While crypto bellwether Bitcoin’s market capitalization has shrunk 37% since mid-February, Tether’s increased by 38%, or nearly $2 billion, according to researcher Messari. For years, Tether’s most Read more…