A new Bloomberg report claims that bitcoin will approach its record all-time high of $20,000 amidst the fallout from COVID-19 and other market accelerators. According to Bloomberg’s June 2020 Crypto Outlook report, bitcoin has been gaining support around the $10,000 price point since the halving. Senior commodity strategist Mike McGlone writes that Read more…
Since 2016, software engineers have worked to extend the oldest and largest cryptocurrency’s use cases through a variety of companion protocols, like the Lightning Network for payments or the Liquid Network for trading. But to date, the most popular off-chain protocols that use bitcoin (the currency, with a small “b”) run Read more…
Bitcoin, known popularly as digital gold, is a store of value. It is also hard money and has limited supply. However, unlike gold, BTC is digital and doesn’t face the problems that gold does. Regardless, BTC is becoming scarcer each day, especially with halving completed, the asset’s inflation has also Read more…
The popular tech entrepreneur and well-known cryptocurrency proponent John McAfee has once again said that his $1 million Bitcoin price prediction was nothing but a joke. He made that prediction back in 2017 when the cryptocurrency was surging and reached its all-time high value of around $20,000. Back then, he Read more…
In a recent tweet, RT host and long-time Bitcoin proponent Max Keiser has linked Bitcoin’s recent price surge to the political turmoil in the United States. Keiser says that buying Bitcoin and regaining individual sovereignty could be ‘the only way’ to beat the system. #Bitcoin trading higher as world collectively figures out the Read more…
Bitcoin has registered a strong recovery the past few days from lows of around $8.6K. At the time of publication, BTC is sitting comfortably above $9,400. Perhaps the most interesting thing about this rally is that it came hot on the heels of public criticism from a mainstream investment bank. Read more…
The cryptocurrency market is slightly performing right in the last few days with Bitcoin hovering above $9,000 price successfully for more than 2 days. At press time Bitcoin is priced above $9,500 with 1.6% added value in the last 24 hours. However, VeChain, more than a number of abled-top cryptocurrencies, Read more…
Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the Read more…
The Thirteenth National People’s Congress and Chinese People’s Political Consultative Conference has come to an end on May 28. According to Xinhua news, the same day the parliament passed a new civil code; a legislation package that includes protecting the civil rights of inheritance, marriage, property, personality, contract and infringement. The new code states: Read more…
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you. The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded Read more…