Bitcoin. The world’s most valuable digital currency is both hot and cold. No doubt, it has had its episodes–mostly of defying investor expectations. Whether you were a holder or an observer, fluctuating crypto prices could be bliss or a train wreck gladly missed. Heightened Volatility in 2020 Oscillating prices, nonetheless, weren’t specific to Bitcoin alone.  Forex rates have been heavily […]

As the price of bitcoin drops from a new all-time high above $58,000 to $46,000 at press time,  the CEO of a cryptocurrency analytics platform revealed that BTC whales are accumulating funds, making it unlikely for the price to drop below $44,000. On social media, Ki Young Ju, CEO of CryptoQuant, said that the so-called Coinbase Premium hit an all-time […]

Corporate banking company BNY Mellon revealed it is working with a different entity for its digital asset custody services, although it did not specify any group. Fireblocks Rumor However, according to Coindesk, the investment giants are working with Fireblocks in holding cryptos in their client’s capacity. BNY and Fireblocks have both dodged the query on whether the claims are valid. […]

As the prices of most cryptocurrencies plunge, former Goldman Sachs executive and Real Vision CEO Raoul Pal revealed he feels relief when prices drop as he switches into “buy the dip mode.” March, he said, is a historically weak month for cryptoassets. On Twitter, Raoul Pal revealed, however, he is not sure whether this is a larger correction associated with […]

Bitcoin is on an unwavering journey to dethroning some of the world’s largest finance and technology companies. The leading asset recently hit $1 trillion in value and simultaneously unseated companies like PayPal, Mastercard, etc. Bitcoin investors have now begun cashing out more than investors who stashed their cash in traditional companies. Bitcoiner Anthony Pompliano observed that Bitcoin has generated a […]

Bill Barhydt, the CEO of digital payments platform Abra, has predicted the price of bitcoin could move up to $250,000 if corporations keep on buying BTC, presumably as a supply squeeze would force the price to exponentially go up. In an episode of the “What Bitcoin Did” podcast with Peter McCormack, first reported on by Daily Hodl, Barhydt revealed that […]

During an interview on Monday (February 22), Daniel Ives, a Managing Director and Senior Equity Research Analyst covering the Technology sector at investment firm Wedbush Securities, shared his thoughts on Bitcoin. Ives’ comments came during an interview with Joe Kernen, co-anchor of CNBC’s Squawk Box around 08:49 ET (i.e. 13:49 UTC), when Bitcoin was trading around $52,933. Ives was asked by Keren if there would […]

More people are posting tweets about “Bitcoin,” The Block Research data on Feb 21 shows. Bitcoin Tweet Volume spikes in February By mid-February 2021, there were 675k Bitcoin tweets, a 17.13 percent increment from a week before when the figure stood at 576k. Simultaneously, there are even more people following the Twitter accounts of leading cryptocurrency exchanges like Coinbase and […]

Pressure is mounting on Nigeria’s central bank (CBN) after it suddenly announced a blockade on cryptos with it now stating they’re going to commence market research in collaboration with Nigeria’s SEC and others. Speaking at the Association of Capital Market Academics of Nigeria (ACMAN) in Abuja on Sunday, Kevin Amugo, Director for Financial Policy at CBN said: “The committee on […]