CoinShares chief strategy officer Meltem Demirors has reaffirmed her confidence in the long-term value proposition of Bitcoin and cryptocurrencies. Virtual currency token prices plummeted over the last few days with altcoins shedding as much as 72 percent from their April/May highs. Bitcoin Price Dip Merely a Healthy Correction Speaking to CNBC on Tuesday (June 22, 2021), the CoinShares CSO described […]

If you thought MicroStrategy’s latest acquisition of an additional 13,000 BTC is all the gas needed to pump Bitcoin up for its much-anticipated bull run, then think again. At least, that’s what top die-hard crypto-critic Peter Schiff wants you to do. Barely an hour after Michael Saylor announced his company’s acquisition of $489 million worth of Bitcoin, bringing their total […]

China’s crackdown on cryptocurrency escalated to a whole new level. The news came yesterday that The People’s Bank of China had urged major banks and Alipay to crackdown on crypto trading. Six major banks, including The Agricultural Bank of China and China Construction Bank, and Alipay issued a statement prohibiting the use of the company’s services to conduct bitcoin and […]

On Friday, the price of bitcoin suffered a huge bout of downward pressure following statements from the United States Federal Reserve about the possibility of hiking interest rates very soon. BTC reacted negatively to the news while the US dollar spiked as investors lowered their inflation expectations in the next few months. Bitcoin is trading at around $35,631 at press […]

Goldman Sachs, on June 18, set a new path for banking institutions by beginning to exchange Bitcoin futures with Mike Novogratz’s Galaxy Digital network. Galaxy Digital announced the partnership, as Goldman Sachs aims to invest in the crypto world.  Galaxy Digital as The Liquidity Provider The move by Goldman Sachs bank will pose a challenge in the banking ecosystem and […]

Bitcoin as a very volatile cryptocurrency has been a cause of worry for so many Bitcoin proponents and onlookers. Despite being the cryptocurrency with the largest market capitalization, and with more adoption rate than any other cryptocurrency at this time, Bitcoin still gives investors and traders reoccurring market scares, as prices continue to fluctuate by the second. The logical strategy […]

Dow Jones has fallen by about 1.4% today in a generally red market across stocks, commodities and cryptos. Gold has crashed by their standards, down to $1780 from $1,900 with it falling in about four days. Gold was having a spring mini-bull run, but it’s down from its high of $2,075 in August with it seeing a fairly strong correction […]

The long wait is over, or so it appears as Bitcoin holders prepare to set foot into a green zone after seven months of red hot drought. The earliest signs of a bullish rebound for Bitcoin were sighted on Glassnode’s on-chain metrics this week. Bitcoin users joyfully watched as the index flipped an unprofitable red-run that had gripped hodlers of […]