Spencer Noon noted that Bitcoin wrapped on Ethereum would reach up to a whopping high by next year estimatedly 20 times its volume. The crypto strategists have forecasted a progressive rise in the Bitcoin on Ethereum over the next few months, a clear indicator of growth capital in the Decentralized
Tag: BTC
On-Chain Analyst Willy Woo Says Growing Number of Investors Hodling Bitcoin Foresighting Bullish Run in Q1 2021
Analyst Willy Woo brought to notice that an increasing number of investors are holding bitcoins instead of trading them, anticipating a fair run for BTC in the first quarter of 2021. Bitcoin has fared exceptionally well in the past year, even though the world's economies suffered turbulent times due to
Square Converts 1 Percent of Its Asset To Bitcoin, Giving A Huge Pump To BTC Price
A $50 Million purchase of Bitcoins would stir every nuke and corner of the crypto industry, Something similar happened when the payments processing company Square announced doing the same; the ripples in the crypto space were inevitable. The company revealed that it procured around 4709 Bitcoins, approximately worth 50 million
Unprecedented Spike in Bitcoin Options Activity on CME as Traders Place Bull Bets
The Bitcoin options activity spiked on the Chicago Mercantile Exchange on Wednesday as a large number of stakeholders carried out transactions and bets on BTC call options. A whopping 48 million USD worth of bitcoin options were traded on the CME, making its most massive figure recorded since the end
No BreakOut for Bitcoin Before End of 2020
Bitcoin has recorded substantial growth in the past few years, becoming the most talked about and popular cryptocurrency worldwide. Most of the people use the term Bitcoin and Cryptocurrency interchangeably, seemingly laymen being unaware of other tokens. Bitcoin, however, is now struggling to achieve a substantial uptrend. Over the last
Growth in Bitcoin Mining In Egypt As Economic Depression Looms
The Egyptian economy has been shaken by the Covid-19 Pandemic in the most brutal manner thanks to its already dwindling financial status due to civic unrest. In the times of looming economic depression, the youth is fast adopting cryptocurrency and trading Bitcoin as a source of income. A journal named
Bitcoin Maintains 62 Days Streak of Staying Above 10,000 USD
Grayscale Investments Bought An Additional 17,100 Bitcoins
Grayscale Investments collected an additional 17,100 Bitcoins to its wealth within a week, which is a considerable number keeping the market watchers stumbled. The Bitcoin holdings of the company have grown up substantially recently, making it close to 4.8 Billion. Bitcoin's high stakes in such a massive number forecast bright
Bill Proposed In Israel to Consider Bitcoin as Currency Not Asset
An Israel political party submitted a bill to the government legislative branch Knesset Recommending several changes to the Bitcoin taxation. The newly proposed bill calls out for amendment in the existing Bitcoin considerations wherein the cryptocurrency is viewed as an asset. The bill is submitted to the Israel government Knesset
Celebrated Chess Player Gary Kasparov speaks for Bitcoin
If you thought that Cryptocurrency is only for the crypto hardliners, then think again! People from all walks of life are now understanding how cryptocurrencies have started impacting lives. Gary Kasparov, the world’s most popular Chessmaster has now claimed his support for BTC to fight human rights violations. He is of