-
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Heightened fear and uncertainty were witnessed around Bitcoin traders, as the flagship crypto asset faces robust downside pressure, triggered by unfavorable market conditions. After significant selling activity due to the ongoing price drop, investors are once again demonstrating buying interest. 3-6 Months…
-
Xapo Bank provides Bitcoin Beneficiary Solution. Source: Shutterstock Xapo Bank is providing its members access to Bitcoin-backed lending and loans, allowing them to leverage their Bitcoin holdings as collateral. The product will initially offer several features to protect members’ investments and aims to ease borrowing while also enabling qualifying members to retain their Bitcoin as…
-
It is not every day that you hear someone call Bitcoin (BTC) not just a bad investment but outright harmful to the economy. But then again, Peter Schiff is not just anyone. The economist, known as the biggest skeptic of cryptocurrencies and an equally popular gold proponent, has once again taken aim at Bitcoin, this time…
-
Ahead of a much-anticipated phone call between U.S. President Donald Trump and Russia’s president Vladimir Putin, Bitcoin‘s BTC/USD price action remains closely tied to the outcome of a potential ceasefire in Ukraine. What Happened: According to Polymarket data, a ceasefire in Ukraine has a 61% chance of being announced until July and a 76% chance…
-
Minnesota could become one of the first states in the nation to embrace Bitcoin and other cryptocurrencies for state investments, retirement plans, and even tax payments under a new proposal from Senator Jeremy Miller (R-Winona). Sen. Miller unveiled the Minnesota Bitcoin Act (SF2661) on March 18, a bill that aims to expand the state’s financial…
-
The decentralized finance (DeFi) landscape continues to evolve, and Bitcoin-centric solutions are gaining momentum. BTCFi is an emerging sector that transforms Bitcoin (BTC) from a passive store of value into an actively utilized asset in DeFi. A new report by Cointelegraph Research and Elastos delves into how Bitcoin’s security helps to create trustless, scalable financial…
-
If you are the site owner (or you manage this site), please whitelist your IP or if you think this block is an error please open a support ticket and make sure to include the block details (displayed in the box below), so we can assist you in troubleshooting the issue. Block details: Your IP:…
-
Michael Saylor continues to strengthen his company’s presence in the Bitcoin market with a new strategic initiative: the company has announced the intention to issue 5 million shares of its Series A Perpetual Strife Preferred Stock. The proceeds will be allocated to general objectives, including the acquisition of Bitcoin (BTC). However, the operation will depend…
-
Known for its heavy investment in Bitcoin BTC/USD, Strategy MSTR on Tuesday revealed plans to raise $500 million by offering 5 million shares of a new type of stock called Series A Perpetual Strife Preferred Stock, or STRF, to the public. What HappenedL The company stated that the money raised will be used for everyday…
-
BTC/USD Hourly Chart (BitStamp) – Source: TradingViewMoving to the hourly chart, BTC is dropping decisively below a key support during the Asian session already and it is now threatening to retest the $80,000. This opens up an interesting opportunity for short-sellers as this trade offers a risk-reward ratio of nearly 2:1 if the stop price…