We are all growing tired and annoyed of Musk’s tweets…

Bitcoin holders throughout the world will begin to ignore Elon Musk’s incessant tweets, and the Tesla chief’s influence will have no bearing on the market. That’s the view of an industry leader who is one of a growing army of people involved in cryptocurrency becoming tired of the South African’s constant up-and-down relationship with Bitcoin.Continue reading “We are all growing tired and annoyed of Musk’s tweets…”

Is Bitcoin really bad for the Environment?

A halo of myths has formed around bitcoin mining and its energy usage, forcing even the most experienced crypto enthusiasts to doubt its efficiency and environmental footprint. Bitcoin is currently being bombarded by numerous attacks and criticisms from eco-activists and Wall Street executives alike. According to these myths, bitcoin mining causes serious harm to theContinue reading “Is Bitcoin really bad for the Environment?”

Buy the Dip

Psychologically speaking, we haven’t see Bitcoin or Ethereum return to their previous trading range (+60k for BTC and +4K USD for ETH), and it could still be several weeks until they return to those prices. Buying the dip means buying and HOLDING (hodl) the coins you bought at those lower prices, expecting the prices to reboundContinue reading “Buy the Dip”

‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector

 A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. Chinese Government Report Mentions Bitcoin Mining,Continue reading “‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector”

Bitcoin’s Latest Crash: Not the First, Not the Last

While bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and price corrections. Using data from CoinMarketCap, this graphic looks at bitcoin’s historical price corrections from all-time highs. With bitcoin already down ~15% from its all-time high, Elon Musk’s tweet announcing Tesla wouldContinue reading “Bitcoin’s Latest Crash: Not the First, Not the Last”

Mark Cuban: Crypto prices increasingly reflect “real demand”

In a Twitter thread today, billionaire investor Mark Cuban weighed in on the current state and the future of blockchain technology and investment, ultimately concluding that while there are real obstacles to adoption asset prices are increasingly reflective of real “utility” and “demand,” and that the day will eventually come when crypto is “mature toContinue reading “Mark Cuban: Crypto prices increasingly reflect “real demand””

NZD is now available on Binance P2P!

Kia ora Kiwi’s, Binance have just added NZD for trading on Binance P2P. Now you can buy and sell crypto with our New Zealand Dollar, and it is totally FREE! At the same time, you can create your Advertisement (zero fee as well) to attract buyers and sellers to boost your income. Binance P2P is the world’sContinue reading “NZD is now available on Binance P2P!”

Elon Musk on Saturday Night Live Spurs Dogecoin Watch Parties

The late-night comedy show has become a potentially market-moving event for the joke cryptocurrency on a wild ride. They’ll be setting up taco bars, monitoring price movements on dedicated screens and taking a drink every time someone says “doge.” Dogecoin traders around the world are organizing watch parties for Elon Musk’s appearance this weekend on “Saturday Night Live,” withContinue reading “Elon Musk on Saturday Night Live Spurs Dogecoin Watch Parties”

J P Morgan Chase Embrace Crypto

One of the largest megabanks of the United States, JPMorgan Chase, is embracing cryptocurrency as an asset class. Sources revealed that the bank is rolling out plans to offer a JPMorgan Bitcoin fund to its clientele. Sources familiar with the subject stated that the JPMorgan Bitcoin fund could roll out as soon as this summer.Continue reading “J P Morgan Chase Embrace Crypto”

Is the Bitcoin Correction Over?…We think so!

Bitcoin may not be “mooning,” but the correction is DEFINITELY OVER!Don’t believe us? Here are just a few metrics to consider… 1) First off, this chart from Glassnode shows us the futures funding rate. See that red column? That is a negative funding rate, which means that short sellers are no longer making profit holdingContinue reading “Is the Bitcoin Correction Over?…We think so!”

Bitcoin Becomes the ‘Google’ of Crypto

Holger Zschaepitz, a market analyst at Welt, emphasized that Bitcoin (BTC) is nearing the valuation of Google, as it heads toward $1.5 trillion in market capitalization. Currently, as of April 18, the market cap of Bitcoin is hovering at around $1.12 trillion as the entire valuation of the crypto market remains comfortably above $2 trillion. WhatContinue reading “Bitcoin Becomes the ‘Google’ of Crypto”

Dogecoin Maybe Worth More Than $1

Bookies Have Grown More Confident in Bitcoin and Dogecoin Following Surge-filled Week Q1 2021 hedge fund letters, conferences and more. Copenhagen – April 18, 2021 – Dogecoin currently has 5/1 odds to be worth more than $1 at the end of 2021 The odds of Dogecoin hitting the landmark value of one dollar have fallenContinue reading “Dogecoin Maybe Worth More Than $1”

How to avoid buying Shitcoins

Blockchain technology has made it possible for anyone to create their own cryptocurrencies and tokens. However, it is important to understand that not all of them will retain their value over time. Looking at Bitcoin’s growth, many novice investors are putting their money into new coins hoping that those will bring them super-profits and haveContinue reading “How to avoid buying Shitcoins”

Bitcoin Long Term Direction

Will Bitcoin Surpass $100,000? The post halving market didn’t fail to disappoint as the bull run has been in full swing! Let’s look at where Bitcoin is currently located and where it may head in the long term! What Will it be?After peaking in 2013, it took Bitcoin 1,247 days to reach the same priceContinue reading “Bitcoin Long Term Direction”

One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO

Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future. Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat currencies. Responding to a question asking Powell forContinue reading “One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO”

Tether Is Fully Backed, Assurance Opinion Shows

Legend has it that there cannot be a Bitcoin bull market without an episode of vocal concerns about the state of the world’s largest stable coin Tether (USDT). Earlier this year, accusations resurfaced that USDT was not fully backed, meaning that its issuer Tether allegedly did not hold the equivalent value in U.S. dollars needed to backContinue reading “Tether Is Fully Backed, Assurance Opinion Shows”

PayPal Pushes Crypto Further Mainstream With Planned Checkout Service for 29M Merchants

PayPal, which last year added the ability to buy, hold and sell cryptocurrency, is pushing it as a payment method across the 29 million or so online merchants connected to the fintech giant. Announced Tuesday, PayPal’s Checkout will allow bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC) to be seamlessly converted into U.S. dollars or other fiat currencies when making purchases,Continue reading “PayPal Pushes Crypto Further Mainstream With Planned Checkout Service for 29M Merchants”

New Zealand Retirement Fund Bets on Bitcoin With 5% Allocation

The KiwiSaver Growth Strategy, a NZ$350 million (US$245 million) retirement fund operated by New Zealand Funds Management, has according to local media allocated 5% of its assets to bitcoin, citing the cryptocurrency’s similarities to gold as one of the biggest reason behind the trade. According to local news outlet Stuff, New Zealand Funds’ chief investment officerContinue reading “New Zealand Retirement Fund Bets on Bitcoin With 5% Allocation”

Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency

Elon Musk’s electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Techno-King of Tesla, also confirmed that all “Bitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.” Tesla Now Accepts Bitcoin Tesla has begun accepting bitcoin payments. Elon Musk, who recently changed his title fromContinue reading “Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency”

Turks Look for Bitcoin (BTC) As Lira Collapses, BTC Is Now The World’s Third-Largest Currency

Bitcoin (BTC) has time-and-again proved that it is the ultimate savior of the world against the inefficient fiat systems and government agencies. Over the last week, the Turkish Lira plunged another 14% against the U.S. Dollar which resulted in Turks searching for Bitcoin (BTC) in order to protect their wealth. Over the last weekend, GoogleContinue reading “Turks Look for Bitcoin (BTC) As Lira Collapses, BTC Is Now The World’s Third-Largest Currency”