Mukesh Ambani’s telecom operator Reliance Jio has bagged a $5.7 billion investment from Facebook. It will boost digital payments in India, and crypto too. Alibaba’s Jack Ma has been knocked off his perch as Asia’s richest person. The new incumbent is India’s Mukesh Ambani, chairman of sprawling oil-to-retail conglomerate Reliance Read more…
Despite the fact that all eyes have been on Bitcoin as of late, the hype around a rally in XRP and other altcoins has grown over the past few weeks. After all, Ethereum has embarked on an extremely strong rally against BTC over the past few weeks, retaking support level Read more…
This year has been bittersweet for Bitcoin so far. The journey which most people thought was going to be smooth has turned out to be something else. Irrespective of the fact that Bitcoin and the crypto market are struggling this year, the digital coin has still managed to put up Read more…
The anonymous trader, analyst, Bitcoin (BTC) miner, blockchain investor and advisor in the Store Labs decentralized payment network, The Crypto Dog, asked his Twitter followers one meaningful question. The response from the legendary CZ was quite surprising. Five No’s of Changpeng Zhao The Crypto Dog asked his Twitter followers how the flagship cryptocurrency has affected Read more…
Bitcoin price rose more than 10 per cent and broke above the key resistance $7500. Bitcoin price surged to $7700 area, will sustain towards $8500? What are the charts and technical indicators are saying? Read more to find further insights into today’s BTC/USD Technical Analysis. BTC is currently trading around $7550 area and trying Read more…
In the latest issue of “The Unfolding” report, global macro investor Raoul Pal claims that the Bitcoin price could hit $1 mln in the next five years. He believes that BTC represents the future of the financial system. However, he’s also bullish on gold, claiming that the price of the lustrous metal can witness a Read more…
Twitter CEO and co-founder Jack Dorsey is a known Bitcoin bull, who has spoken up about Bitcoin and praised the world’s most popular cryptocurrency. This bullishness has been amplified a bit more, now that Dorsey replaced his Twitter bio with just one word – Bitcoin. Investment consultant and podcast host Preston Pysh pointed Read more…
Silk Road founder Ross Ulbricht has published his long-term Bitcoin (BTC) price analysis, in which he states that Bitcoin could potentially climb to $333 mln (yes, that’s with an “m”). In such a case, the market cap of the world’s first cryptocurrency could reach $7 quadrillion, which is ten times higher than the GDP Read more…
Bitcoin has done extremely well over the past 24 hours. After falling as low as $6,800 on Wednesday, the cryptocurrency mounted a strong comeback on Thursday morning, rallying from $7,050 to $7,800 in an explosive fashion to mark an over 10% gain. (As a note: some of that rally has since been Read more…
The coronavirus-driven economic downturn has prompted Bank of America to revise its price forecast for gold upwards, bringing its prediction to $3,000 in the next 1-2 years. But despite being warring assets, experts believe this may be positive for Bitcoin. In the last few weeks, central banks have flooded the global economy Read more…