Bitcoin rises to $30,000: Is the crypto-zima over?
In the first half of April, bitcoin rose to $30,000 for the first time in 10 months, and has been trading at that level for the past week. Is the crypto-zima over and should we expect further market growth? Over the past year, bitcoin has lost 65% of its all-time high price ...
MicroStrategy Founder Defends Bitcoin Miners, Rejecting Environmental Pollution Claims
MicroStrategy's founder, Michael Saylor, has recently defended bitcoin miners, stating that their activities are not harmful to the environment, but instead, reduce energy bills for citizens. This comes after Senator Elizabeth Warren criticized miners for increasing energy bills for millions of A ...
Robert Kiyosaki on Cryptocurrency, Gold, and Silver: Why He Doesn’t Trust the Federal Reserve System or the US President
Robert Kiyosaki, the author of the highly successful book "Rich Dad Poor Dad," is a strong advocate for cryptocurrency, as well as gold and silver. He has voiced his mistrust of both the Federal Reserve System and the current US President. In a recent tweet, Kiyosaki stated that he believes Bi ...
Coinbase CEO Warns of Possible Withdrawal from US Crypto Market
During a Fintech Week event in London, Brian Armstrong, the CEO of Coinbase, stated that the company may have to consider withdrawing from the US market if the lack of regulatory clarity in the crypto industry persists. Armstrong believes that the US has the potential to become a significant mark ...
Sweden Cancels Tax Breaks for Miners, Increases Electricity Tariff for Cryptocurrency Mining
The Government of Sweden recently announced its plans to cancel tax breaks for miners and significantly increase the electricity tariff for cryptocurrency mining by 58 times. The cost of electricity for mining will go from $0.0006 to $0.035 per kWh, and the benefits will be lifted starting in Jul ...
Fear and Greed Indicator for Bitcoin Market Reaches New High at 69
The sentiment indicator known as Fear and Greed has surged to a new high of 69 in the Bitcoin market. Analysts use a combination of data sources such as cryptocurrency volatility and social media messaging to calculate the index, which is divided into five categories ranging from extreme fear to ...
Reasons for Bitcoin’s Market Price Fall Below $30,000 Explained by CryptoQuant Analysts
Analysts at the Korean company CryptoQuant named the reasons for the fall in the market price of bitcoin below the psychologically important level of $30,000, based on the ratio of two futures market indicators: open interest rates and funding rates. The "Open Interest" i ...
Katherine Wood Believes Bitcoin and Ethereum Are Reliable Investments in Financial Crisis
According to Katherine Wood, the founder of Ark Investment Management, Bitcoin and Ethereum are poised to be reliable investments during the current financial crisis. In fact, Wood asserts that Bitcoin's resilience during the latest US banking crisis was one of the most striking metrics that her ...
Crypto Analysts Predict Bullish Rally for Bitcoin
The analyst is anticipating a bullish rally for Bitcoin and is seriously considering the possibility of it surging strongly towards an all-time high of $69,000. DonAlt, a crypto expert, shared his predictions with his nearly half a million social media followers and pointed out that in order to a ...
CEO of SkyBridge Capital remains bullish on Bitcoin, critical of SEC and Elizabeth Warren
Anthony Scaramucci, the CEO of SkyBridge Capital, has expressed his confidence in the growth prospects of Bitcoin, but he is not ready to call himself a Bitcoin maximalist. He explained that he is not a religious figure that blindly advocates for Bitcoin, but he still maintains his enthusiasm for ...
