Michael Gronager – CEO of Chainalysis – has stated that he expects the price of Bitcoin to go above $100,000 by the end of this year, or at the latest, early next year. He made the call while speaking with Bloomberg’s Emily Chang in an interview where he talked about the prospects and challenges of the cryptocurrency market. The CEO […]

Three months ago, this small Central American nation passed a bill to make Bitcoin legal tender. Today, that law became effective, and President Nayib Bukele announced that his country had taken advantage of the flash crash to buy more Bitcoin. It all started on June 5 when Zap Solutions (a Bitcoin payments startup that uses the Lightning Network) Founder and […]

Jason Deane, a consultant for cryptocurrency exchange Luno and a Bitcoin miner, has raised concerns over plans permeating various social media platforms to buy $30 of Bitcoin to commemorate El Salvador’s Bitcoin law implementation. The “buy $30 Bitcoin” movement that first appeared on a Brazilian Reddit group has gained traction on Twitter too. Millions of people have indicated an interest […]

The largest cryptocurrency in the world has set another impressive milestone after exceeding the market capitalization of two payment giants. Bitcoin’s market capitalization of $977 billion puts it ahead of the market cap of Visa and Mastercard combined. Mastercard and Visa have taken steps to incorporate cryptocurrencies as an integral part of their offering. Bitcoiners have great cause to be […]

Mike McGlone, the senior commodity strategist at Bloomberg, argues that digital assets are poised to record new all-time highs now that they have survived the fierce market correction. In the September edition of Bloomberg Crypto Outlook, a monthly report on technical analysis, data, and insight on the crypto market, McGlone doubles down on his propitious view of the market, predicting […]

Bitcoin is the King of cryptocurrencies as evidenced by the asset class controlling a lion share of the crypto market. Having held the title for over 12 years, some pundits believe that another crypto will usurp Bitcoin’s position to be the dominant force. The absence of smart contract functionalities and reliance on the Proof-of-Work consensus mechanism are factors militating against […]

Bitcoin currently trades at $50,396 indicating a growth of 3.88% over the last week.  BTC briefly surpassed the $50K mark at the start of August, triggering speculation amongst investors that the asset could even rise to $60K. This may be a market correction as the market gears itself for another stellar run or selling sentiments is running high amongst investors. […]

A digital parking startup based in Belgium has introduced cryptoasset payment support for parking tickets.  According to a report by Cointelegraph, a fast-growing startup named Seety has launched a crypto payment feature for users in Antwerp and Brussels. Users of the service can now pay parking fees with Bitcoin, in addition to Ethereum, Bitcoin Cash, Dogecoin, Litecoin, DAI and USD. […]

On Thursday, Bitcoin BTCUSD rose above the $50,000 level after seeing a 5% rise in the last 24 hours. BTC had briefly surpassed $50,000 on Aug. 23 as well. Today, bitcoin prices have continuously attained compound month highs, rising to the highest point since May and fluctuating in a moderately solid range. Signs of a Bull Market-run Edul Patel, CEO […]