Bitcoin has been making news in the cryptocurrency world for a while now because many investors consider it to be a profitable investment opportunity. The bullish momentum that Bitcoin had been experiencing, though, has been thrown off by recent occurrences. The uncertainty surrounding Silvergate, a digital currency bank, has contributed to Bitcoin’s slow week. The … Read more
We are pleased to present our in-depth analysis of the cryptocurrency market for the week ending February 24, 2023. In this article, we’ll talk about the most recent trends and advancements in the cryptocurrency market, with a particular focus on Bitcoin, and how they’re affecting the general mood of the market. As inflationary pressures increase, … Read more
Since it started the week with a test at $25,000, Bitcoin has been in the news in Asia. Investors are now trying to take advantage of the digital currency’s rise as a result of the substantial increase from the previous week. The present state of bitcoin in Asia and its potential for future growth will … Read more
The tiny Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement, made during the Bitcoin 2022 conference in Miami, has spurned confusion and misinformation. Miguel Albuquerque, the president of the Regional Government of Madeira, hopped on the stage in April to announce: “I believe in the future, and I … Read more
Sam Bankman-Fried, the founder of crypto exchange FTX, has criticized the efficiency of Bitcoin (BTC) as a payment network, only to meet heavy backlash from the crypto community. During an interview with the Financial Times, Bankman-Fried fueled environmental concerns associated with the Bitcoin network’s mining consensus, proof-of-work (PoW), and claimed it’s not scalable enough to accommodate millions … Read more
While most of the larger-cap alts are slightly in the red, DOT has jumped by 7%. Bitcoin trades close to $30,000. Bitcoin has calmed just under and around the $30,000 level after the recent massive volatility that brought the asset south by five digits. Most altcoins are also relatively stagnant daily, with a few exceptions, … Read more
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the Tron purchases, the organization has … Read more
