Bitcoin is hot, decentralized, and global. Crypto has been on fire. For this reason, Patrick Hughes plans to bow out, exiting a business his family has been involved in for the last 42 years. Should the deal go through, he will bank on Bitcoin, the world’s most valuable cryptocurrency, and expand on his new-found passion for creating animated videos. Pub […]

The total market valuation of the crypto market has dropped below $1 trillion as bitcoin dropped by almost over $7,000 from above $40K to $32.8K earlier in the day, according to data by CoinMarketCap. The top coin dipped massively after showing signs of consolidation above $40K in what seemed like a much-anticipated dip that saw investors aggressively buy the dip […]

Popular crypto analyst and market commentator Willy Woo says bitcoin could flip gold’s market capitalization and become the primary financial hedge by the end of this year.  In a series of tweets, Woo explained that bitcoin is in position to carry out “#TheFlippening” in 2021, overtaking gold as the primary hedging asset. According to the on-chain analyst, only 40 percent […]

Bitcoin logged its worst plunge since March in the previous three sessions, stoking concerns among traders that its overheated price rally is beginning to lose steam. The flagship cryptocurrency plunged 5.18 percent during the weekend and extended its correction by an additional 7.29 percent to $35,388 by 0916 GMT on Monday. At its intraday low, it was changing hands for […]

Bitcoin has seen some mixed price action as of late, with bulls struggling to defend the cryptocurrency against a break below $40,000 as bears try to reverse its momentum The crypto’s ability to hold above this level is promising, but it remains unclear as to how long it will hold If bulls can flip this previous resistance level into support, […]

For the past few months, Bitcoin has been rallying to all-time highs, but anyone who wants to take profits might struggle to cash into banks. It is because some banks are refusing transfers from bitcoin exchanges.  HSBC, one of the world’s largest banks, does not process cryptocurrency payments and does not allow customers to transfer money from digital wallets. While […]

The creator of the first and most valued cryptocurrency has been awarded many titles, thanks to the impact of his groundbreaking digital asset. Satoshi Nakamoto, whose identity is still unknown and has been debated amongst cryptocurrency users for years, has been praised for inventing a new system of wealth storage that doesn’t only prioritize transparency but also keeps the unending […]