Bitcoin price recently doubled its former peak and set a new high above $40,000 per coin. The feat put the cryptocurrency back in the headlines as investors celebrated their success. But it isn’t a happy story for all Bitcoin holders, many of them who have lost coins over the years. Instead, the rally has prompted a three-fold increase in users […]
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Early bitcoin miner and “wildcatter” analyst David Zeiler has predicted the price of bitcoin will reach six-figures by 2022. Speaking in an interview with Money Morning, Zeiler said bitcoin could more than triple in 2021 before reaching $100,000 by next year. The early market analyst highlighted bitcoin’s halving event in May 2020 as a catalyst for the massive bull run. […]
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Babel Finance is now making life easier for bitcoin (BTC) miners and other crypto market participants. The Hong Kong-based firm is now accepting mining machines from bitcoin miners as collateral for USD loans, according to reports on January 12, 2021. Machines for USD Loans Babel Finance, a Hong Kong-based cryptocurrency financial services provider that claims to be focused on building […]
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The recent bitcoin selloff and the dip of the world’s number one digital currency by market cap has several analysts and industry experts flooding the space with comments and ideas regarding where the asset will go from here, and some of them – which are surprisingly coming from Mark Cuban – are rather positive. Mark Cuban: BTC Will Survive the […]
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Well, it looks like all good luck can’t last forever. Bitcoin, the world’s number one digital currency by market cap, has taken a serious stumble, having fallen back to about $33,000 at press time after spending most of the weekend trading at the $40,000 range. Bitcoin Decides to Step Back The currency has risen to unprecedented levels, and with these […]
Read moreShares of Plug Power Inc. (PLUG) are rising more than 17% Tuesday morning after the company signed Memorandum Of Understanding (MOU) with French auto maker Groupe Renault to launch a stand alone joint-venture for the research and development, manufacturing and sale of fuel cell-powered light commercial vehicles (LCVs). The France-based joint-venture, that serves the fast-growing market of fuel cell light […]
Read moreShares of Churchill Capital Corp IV (CCIV), a special purpose acquisition company, are rising almost 13 percent or $1.68 in Tuesday’s morning trade at $14.88, after hitting a new 52-week high of $15.63. Bloomberg reported Monday, citing people familiar with the matter, that Churchill Capital Corp IV is in talks to take electric vehicle maker Lucid Motors Inc. public in […]
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The first transaction ever sent on the Bitcoin blockchain was sent 12 years ago, on January 12, 2009 from the cryptocurrency’s pseudonymous creator Satoshi Nakamoto to long-time cryptographer and cypherpunk Hal Finney. In block 170 of the cryptocurrency’s network, Satoshi Nakamoto sent 10 BTC to Hal Finney, with a transaction cost of 0 BTC. At the time, it’s worth noting, […]
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On Monday (January 11), Paul R. La Monica, a digital correspondent for CNN Business, came up with a clickbaity FUD-powered Bitcoin-related headline that will be extremely tough to beat when it comes to silliness and misinformation. According to his CNN bio, La Monica “writes daily about the markets and blue chip companies and also appears regularly on CNNI’s business programs.” […]
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