Bitcoin
Key Bitcoin Moments of the Last Week
The journey to success in Bitcoin starts with deep reading and thorough research. Don’t settle for shallow information. Analyze the data, study the projects, and understand the technological foundations that support this cryptocurrency. Information is power, and those who master it make better decisions. Keep reading to stay ahead. How Much Bitcoin from Mt. Gox…
Michael Saylor: MicroStrategy Grew by 1113% in 4 Years Thanks to the “Bitcoin Standard”
A post on X by financier Michael Saylor highlights the rapid growth of MicroStrategy over the past four years: “Four years later, under the Bitcoin standard, you would have outperformed every company in the S&P 500,” the financier stated in the post. According to the chart shared by Saylor, MicroStrategy grew by 1113% in just…
Why Bitcoin’s New All-Time Highs Are Likely in October 2024
After contending with relentless selling pressure from the Grayscale Bitcoin Trust ETF (GBTC), the combined liquidations of approximately 60,000 BTC by the German and U.S. governments, distributions to Mt Gox creditors amounting to over 100,000 BTC, and additional distributions linked to the collapse of Celsius, Gemini, and Genesis Trading, Bitcoin is still holding steady at…
Bitcoin’s Renewed Surge: What Are the Keys Behind Its Recent Rise?
In recent hours, Bitcoin‘s price has regained ground, driven by renewed enthusiasm among investors. Several factors are behind this positive movement, although some elements could still counteract this trend. It’s important to note that the U.S. economy remains in a delicate situation despite the improvements observed in 2023-24. This is one of the main factors…
Kamala Harris and Bitcoin: A Calculated Political Strategy or a Missed Opportunity?
In a move that can be seen as either strategic or a potential misstep, Kamala Harris‘s recently unveiled government plan has stirred up significant discussion within the cryptocurrency community. The U.S. vice president, now leading the Democratic ticket, has sparked controversy by conspicuously omitting any mention of Bitcoin or other cryptocurrencies from her proposed policies.…
IMF Executives Propose 85% Increase in Electricity Costs for Crypto Mining
Despite several reports indicating that more than 50% of the energy used in Bitcoin mining is sourced from clean energy (such as a report from Cambridge University), two International Monetary Fund (IMF) executives have proposed an 85% increase in electricity costs for crypto mining operations. The primary objective of this proposed substantial increase in costs…
Robert Kiyosaki Reaffirms Imminent Crypto Market Crash
Influential investor, author, and analyst Robert Kiyosaki has once again warned of an impending financial collapse, which he claims will be the largest in history. According to Kiyosaki, all markets, including crypto, are headed for a significant downturn due to misguided macroeconomic policies in the United States. A few months ago, Kiyosaki predicted that all…
Bitcoin’s Skyrocketing Potential: Could It Average $500,000 by 2028?
According to renowned analyst and trader PlanB, Bitcoin‘s price is set to average an astounding $500,000 per unit between 2024 and 2028. This prediction suggests a potential gain of approximately 730% from its current price of $60,000 per unit. In a recent post on the social media platform X, PlanB clarified that this projection represents…
Crypto Market Shock: Bitcoin and Ethereum Prices Plunge
On August 5, Bitcoin and Ethereum experienced a significant drop in value, causing a stir in the cryptocurrency market. Bitcoin’s price fell below $50,000, a surprising shakeup that caught many investors off guard. Within a mere two hours, the world’s most renowned cryptocurrency plummeted 14.41% from $58,350. Despite this dramatic fall, Bitcoin has shown some…
Cryptocurrency Market Turmoil: What Is Happening?
The cryptocurrency market is experiencing one of its most challenging days in 2024. Major tokens have dramatically declined in the early hours of this Monday, leaving investors worried that this downward trend may persist throughout the week. Despite attempts by BTC to rebound, selling pressure remains strong enough to threaten the $50,000 level. Analysts are…
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