Search Results for: bitcoin

Expert: China’s Digital Yuan Will Target the Dollar, Not Bitcoin

Having discovered what cryptocurrency space and blockchain needs, China would strive to compete with the U.S. dollar, not Bitcoin (BTC), with its highly awaited digital yuan. Matthew Graham, a former Chinese investment banker and CEO of Beijing-based Sino Global Capital. Examined what is known about the emerging digital currency so far. And argued that the […]

Celsius Network CEO Urges Savers to Own More Gold than Bitcoin

Celsius Network CEO Urges Savers to Own More Gold than Bitcoin

Both Bitcoin (BTC) and gold would greatly benefit from the current “inflation of money,” predicts the CEO of a big crypto company, while also acknowledging that he thinks people should still own more gold than bitcoin. In a recent interview with Kitco News, Alex Mashinsky, CEO of crypto lender Celsius Network. Has made the advice […]

$500 Bitcoin Price Crash Could Be the Start of a Bigger Drop, Here’s Why

$500 Bitcoin Price Crash Could Be the Start of a Bigger Drop, Here’s Why

Bitcoin creator Satoshi Nakamoto could be a bearish ‘ghost’ according to what happened on Wednesday. BTC watched a technical resistance test at $10,000 while trading some $200 below it before almost suddenly it crashed by about $500 in just 15 minutes. So it looks like traders sold off nearly $9,800 after Twitter user Whale Alert tweeted […]

“Rich Dad Poor Dad” Author’s Warning: ‘Get Bitcoin and Save Yourself’

Businessman Robert Kiyosaki isn’t the only high-profile figure who advocates turning to Bitcoin during the current financial crisis. But he’s one of the few who makes it sound like a decision about life and death. On May 19, the best-selling author of the book “Rich Dad, Poor Dad” took to Twitter in a tweet mostly […]

Retail Traders Accumulating Heavily on Bitcoin, Data Shows

When Bitcoin plunged to $3,700 this March, there was no denying that many were afraid to invest. After all, there were traders — and prominent traders at that — seriously expecting the cryptocurrency to fall off a price cliff when the crash occurred. For example, a long-time commodity trader and Bitcoin investor Peter Brandt wrote […]

Transaction Fees for Bitcoin Are Up 800 Per Cent in a Month

Bitcoin (BTC) transaction fees rose by over 1,250 percent from $0.38 to $5.16 from April 11 until May 14. While transaction fees for Bitcoin have since dropped by 33.3 percent to sit at around $3.44 as of this writing, fees have increased by 36.5 percent since the block reward halving on May 11. Bitcoin payments double […]

Analysts Think The Worst Is Yet to Coming For Altcoins As Bitcoin ‘s Strength Grows

The aggregated demand for crypto has struggled to harness the full traction that Bitcoin has encountered in recent years. The influx of Bitcoin funding indicates investors are keen to be drawn to the possible upside that its rising reputation as a “hard asset” provides. The overt strength of the flagship crypto-currency comes as it flashes massive […]

German Neobank Offers Bitcoin Accounts 4.3 Percent of Interest

Thanks to a new collaboration with the cryptocurrency lending platform Celsius Network. All 80,000 users of German neobank Bitwala will now purchase, keep, and receive interest on Bitcoin ( BTC) in their bank accounts. Bitwala is the first classic fiat bank to pay interest for keeping Bitcoin in an account. With three other decentralized finance […]