Douyin Removes Bitcoin Price Monitoring Feature Shortly After Adding It
It is not uncommon for the Chinese government to closely monitor and control information related to sensitive topics such as cryptocurrency. The recent removal of the Bitcoin price monitoring feature on Douyin shortly after it was added suggests that the Chinese authorities may not be as crypto-f ...
Peter Schiff warns of Bitcoin crash after Novogratz interview
During a recent interview with CNBC, Michael Novogratz, a well-known crypto advocate, shared his thoughts on the factors that contributed to the rise of Bitcoin. However, Peter Schiff, a vocal critic of the cryptocurrency, accused reporters of failing to ask Novogratz tough questions about the di ...
Bitcoin Long-Term Holders Increase Dramatically, Number Reaches Nearly 45 Million
According to Santiment's analytics, there has been a significant increase in the number of long-term Bitcoin investors. Currently, almost 45 million individuals and businesses are holding Bitcoin for the long haul, marking the highest growth rate since early 2021. It's worth noting that back t ...
Bitcoin More Popular than Trump and Elvis among US Internet Users
US internet users show more interest in searching for information about Bitcoin than other popular topics such as former president Donald Trump or even Elvis Presley, according to Ahrefs platform's popularity index. The cryptocurrency has surpassed politics, Coca-Cola, religion, donuts, alimony, ...
Bitcoin Reaches 10-Month High at $30,000: Bullish Sentiments Prevail Despite Skepticism
On the morning of April 11, the value of the first cryptocurrency surged, exceeding $30,000, which marked a ten-month high. The rate of bitcoin approached $30,500 before experiencing a minor decline, and at present, BTC is being traded at $30,090. The previous time bitcoin's value hit this lev ...
US Presidential Candidate Robert Kennedy Jr. Advocates Bitcoin as a Safe Haven
Robert Kennedy Jr., an American political figure, has praised bitcoin as a safe haven due to its decentralization, which makes it less vulnerable to the risks inherent in traditional finance. In a recent tweet, Kennedy also brought up the FedNow platform, which allows for instant payments between ...
Understanding Crypto Infection: Causes and Effects on the Market
Probably, many have noticed that the fall of bitcoin often causes the fall of the entire crypto market.. This phenomenon is also known as crypto-infection. What is crypto infection Crypto infection is a situation when a negative phenomenon assoc ...
Analysts Expect Bitcoin to Surpass $30,000 This Week
Several analysts of the cryptocurrency market at once expect an increase in the cost of bitcoin above $30,000 this week. Bitcoin analyst Willy Woo shared macro indicators on Twitter, confirming, in his opinion, the uptrend of the first cryptocurrency in terms of capitaliz ...
El Salvador’s Crypto Wallet Chivo Freezing User Accounts and Facing Criticism
The El Salvadoran government-run crypto wallet, Chivo, has recently implemented freezing user accounts and demanding proof of the source of funds. Some users who received funds from Wasabi Wallet, which utilizes Coinjoin technology to obscure transaction monitoring on the network, have been activ ...
Glassnode Report Shows Almost Half of Total Bitcoins Dormant for Over Two Years
Glassnode recently released data indicating that almost 50% of the total volume of bitcoins has been withdrawn from circulation and has remained dormant for over two years. This amounts to roughly 9.45 million BTC, which at current prices is worth approximately $270 billion. Additionally, near ...