Bitcoin saw a price jump, gaining $7,000 in less than 24 hours. It bounced back from lows near $92,000 and came close to hitting $100,000, with a high of $99,500 on Bitstamp. This rise was mainly driven by strong buying on Coinbase, which helped push prices higher despite the lack
Tesla, the manufacturer of the world’s most popular electric cars, is yet to release its Q2 2021 earnings call report this Monday. Tesla plans to elucidate on its Bitcoin holdings in the upcoming financial results.. So the entire crypto industry is patiently waiting for the disclosure from Tesla’s position on
Bitcoin fell below $30,000 for the first time since June 22, causing other coins to follow suit. According to CoinMarketCap data, the entire cryptocurrency market has lost nearly $100 billion in 24 hours as of Tuesday. Most virtual coins have been struggling to bull for more than a week due
The Parliament of the Economic Community of West African States (ECOWAS) raises a warning against the use of cryptocurrencies to all african crypto users. The refusal is for the usage of crypto in means of exchange and commerce. Moreover, the warning was issued after the joint committee meeting in Ouagadougou,
CNBC conducted a Quarterly Survey from June 23rd to 30th. 44% of experts and investors predict Bitcoin falls below $30K in 2021. Remaining expect BTC to spring back to its former glory. CNBC conducted a survey with 100 chief investment officers, equity strategists, portfolio managers, and CNBC contributors. The survey
Statistics reveal America has made the most profit through Bitcoin (BTC) among the whole world for the year 2020. Taking the year 2020 into consideration, America has made a profit of a whopping $4 billion through BTC. This is more than 4 times the profit made by China. Americans’ BTC
MicroStartegy the pioneer in business intelligence and analytic solutions announces acquiring even more Bitcoin (BTC). The finance will be through its new secured notes sale proceedings. It estimates acquiring about $400 million as BTC. The Announcement MicroStrategy is one of the largest firms on platforms of business intelligence, embedded analytical
Bitcoin (BTC) suffered from a massive blow after Elon Musk, CEO of Tesla and SpaceX let it down earlier last month. Despite facing serious hard times and lows from last month till now, BTC gets further endorsements from many celebrities. The list gets growing bigger and bigger. BTC’s Celeb Supports
According to MRB Partners, Bitcoin is nearing its end. Some analysts believe that BTC’s potential growth may limit. Regulators have analyzed the risks from non-financial exchanges. MRB Partners is an independent top-down research firm that provides a multi-asset investment strategy. They believe that the Bitcoin trend may fizzle out in
Traders are using different strategies to price the value of Bitcoin. Crypto expert Davis says that $60,000 is not the final all-time high for BTC. Bitcoin touched the $40,000 level but did not last long. Traders are implementing different strategies to evaluate whether Bitcoin’s price has begun to fall or
