Bitcoin’s unprecedented surge past the $67,000 mark on November 13, 2021, has left many in the crypto community in a state of awe and excitement. This monumental price milestone comes as a result of several positive market developments, which have contributed to the increasing buying pressure. One of these factors is the dwindling selling pressure…
Bitcoin Enthusiast Larry Fink Tapped as US Treasury Secretary by President Trump: An In-depth Analysis President Trump’s latest cabinet appointment has raised eyebrows in financial circles. On March 1st, 2023, the President announced his intent to nominate Larry Fink, the CEO of BlackRock, as the new US Treasury Secretary. This unexpected choice has sent shockwaves…
Trump’s Policies and the Potential Impact on a Recession: An In-depth Analysis of Bitcoin’s Response President Trump‘s economic policies have been a subject of intense debate since his election in 2016. The Tax Cuts and Jobs Act, signed into law in December 2017, was hailed by many as a major boost to the economy. However,…
Cynthia Lummis Hails Bitcoin’s Resilience Against Global Cyber Outages: Senator Cynthia Lummis, a known advocate for the digital currency Bitcoin, recently shared her views on its resilience during global cyber outages. In an interview, she emphasized the decentralized nature of Bitcoin and how it sets it apart from traditional financial systems that are more vulnerable…
RunesTerminal and CV Pad Collaborate to Empower Web3 Projects on the Bitcoin Network Exciting Partnership Announcement In a groundbreaking move, RunesTerminal and CV Pad have announced their collaboration to strengthen the Web3 ecosystem on the Bitcoin Network. This strategic partnership aims to provide developers with powerful tools to create innovative projects that leverage the decentralized…
Bitcoin Price Falls: A Deep Dive into the German Government’s Decision to Sell Over $$900 Million in Bitcoin The crypto news-finder.com/category/lifestyle-health/real-estate/” target=”_blank” rel=”noopener”>market was hit with a significant shock in late March 2023, as news broke out that the German government had decided to sell off a substantial portion of its Bitcoin stash . The…
BitTrade and exSat Collaborate to Improve Bitcoin’s Scalability: An In-depth Outline Background Bitcoin, the first and most well-known cryptocurrency, has been facing scalability issues since its inception. The limited block size of 1MB imposes a constraint on the number of transactions that can be processed per second, leading to congestion and high transaction fees. This…
Bitcoin Fear and Greed Index Spikes to 61 Amid Market Recovery: An In-depth Analysis Bitcoin‘s market sentiment has significantly improved over the past few days, with the cryptocurrency’s price making a remarkable recovery. This positive trend has been reflected in the link, which recently spiked to 61. This figure represents the greed zone, indicating that…
In a surprising turn of events, democratic tech entrepreneur Marc Andreessen has openly declared his support for President Donald Trump’s re-election. This announcement came as a shock to many, considering Andreessen’s long-standing record as a liberal supporter and donor. However, the unconventional reason behind Andreessen’s decision is his belief in the potential of crypto and…
In a surprising turn of events, Craig Wright, an Australian entrepreneur and computer scientist, publicly admitted on December 3rd, 2015, that he is not the inventor of Bitcoin. This revelation came after years of claims and allegations that Wright was, in fact, the elusive figure known as Satoshi Nakamoto. Nakamoto is the pseudonym used by…
Metaplanet’s Strategic $1.26 Million Bitcoin Purchase Amid Crypto Rebound In an intriguing turn of events, the link team announced a strategic investment of $1.26 million in Bitcoin, marking a significant move amidst the ongoing crypto rebound. The recent market volatility, which saw Bitcoin plummet to below $30,000 in May 2021, has since bounced back, leading…
Bitcoin’s Bulls: Missteps and Miscalculations The bitcoin market is known for its volatility, with bull markets and bear markets alternating at a seemingly unpredictable pace. Bitcoin’s bulls , those who believe in the long-term potential of the cryptocurrency and buy when its price is low, have made some missteps and miscalculations throughout the years that…
Bitcoin’s Reawakened Connection to Stock Markets: An In-Depth Analysis In the early days of its existence, Bitcoin, the first and most renowned cryptocurrency, was often viewed as an alternative to traditional fiat currencies and a potential rival to central banks. However, its relationship with the stock markets has seen numerous fluctuations over the years. This…
Bitcoin Whales and Sharks: Calmly Buying Up in a Market of Panic-Selling Small Traders In the tumultuous world of cryptocurrency trading, size and experience often matter. When market conditions turn sour, smaller traders are frequently the first to panic-sell, while larger entities, such as Bitcoin “whales” and sharks, remain calm and take advantage of the…
Bitcoin Primed for a Breakout: Navigating Selling Pressure Over the past few months, Bitcoin‘s price has seen a significant amount of volatility, with numerous dips and rallies. Some investors have grown concerned about the cryptocurrency’s ability to maintain its value in the face of intense selling pressure. However, recent developments suggest that Bitcoin is primed…
Bitcoin’s Derivatives Data: Bulls Are Still Alive and Kicking The bitcoin derivatives market continues to reflect the bullish sentiment among investors, as indicated by the latest data. The open interest in perpetual swaps has seen a steady increase over the past week, with the figure now standing at around $12.5 billion. This represents an uptick…
A Comparative Analysis of the German and US Governments’ Moves in Bitcoin and Ethereum: Bitcoin and Ethereum, as the pioneering cryptocurrencies in the digital economy, have been subjects of intense scrutiny and regulatory interest from governments worldwide. This comparative analysis delves into the motives, implications, and regulatory frameworks of Germany and the United States in…
In a stunning turn of events for the Bitcoin market, short-term holders transferred over $1 billion worth of BTC to cryptocurrency exchanges in just a three-day period. This massive inflow raises concerns among investors and market analysts, indicating potential selling pressure or an imminent price correction. According to data from various on-chain analytics platforms such…
What to Expect from Bitcoin in July: Anticipated Trends, Events, and Developments Anticipated Trends: July is expected to bring some interesting trends in the Bitcoin (BTC) market. According to recent analysis, the price of BTC could experience a significant surge or decline, depending on various factors. The ongoing bullish trend might continue, pushing the price…
Weekend Bitcoin Trading Drops to Record Low of 16%: An In-depth Analysis Introduction: The Bitcoin market has witnessed a significant drop in trading volumes during the weekends, reaching an all-time low of 16%. This trend is not new but it has gained more attention due to its persistence and potential implications. In this analysis, we…
