Entries by admin

Ethereum: Free Money Is Real

Yesterday I was in shock, today I am wearing my Bitcoin socks. Free money is real. It is enough to shake my faith in reality that after knowing for the bulk of my life there was no such thing as free money, I just received a chunk. Now it’s actually, totally naive to believe there

Bitcoin vs. USD: why only a weaker dollar will push BTC above $20,000

A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, gold and Bitcoin appear to move in tandem. However, the correlation that should be watched the most is the dollar since

Could tax-free Bitcoin be one of 2020’s hottest trends?

A company that allows consumers to invest in Bitcoin on a tax-free basis says it has seen demand surge in recent months. iTrustCapital allows Americans to gain exposure to the world’s biggest cryptocurrency through a self-directed individual retirement account, otherwise known as an IRA. These vehicles allow owners to get involved in a diverse array

What price must Bitcoin reclaim for a renewed bull market in October?

Volatility was expected throughout the week regarding the expiration of a significant amount of futures. However, this didn’t really happen while the macro-economic environment also remains uncertain. A hack of a major cryptocurrency exchange on Sep. 26 didn’t influence the price at all, which is a positive signal for the markets and a positive signal for the market’s maturity.

Is bitcoin ‘the ultimate hedge’ during a recession?

Australia is officially in its first recession in nearly 30 years, and while the traditional safe haven during economic downturns is gold, some industry experts believe bitcoin can also provide that same market safety. One bitcoin is currently worth $14,469 (9:44am AEST), and there are only 21 million bitcoins in the entire world. It’s been dubbed

The Decline Continues For These 4 Altcoins

Bitcoin’s decline from the $ 11,000 resistance was hard this time, and altcoin prices were also pulled down. DeFi coins UNI YFI LEND SNX continue to take heavy blows following the decline experienced by Ethereum with their decline. Ethereum has also been the leading altcoin in the cryptocurrency community, leading the rallies for alcoins in

Billionaire Twitter CEO Jack Dorsey Reveals Why Bitcoin Is ‘The Best’ Internet Currency

Bitcoin and cryptocurrencies have exploded back into the limelight in recent months, given a boost by the Federal Reserve’s coronavirus pandemic response. The bitcoin price, after crashing in March along with most other assets, quickly bounced back—but has recently fallen again, inline with technology stocks. Now, billionaire boss of both micro-blogging platform Twitter and payments company Square SQ -1.3%, Jack Dorsey,

Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K

Federal Reserve officials said Wednesday they would hold U.S. interest rates at close to zero and work to push inflation above 2% “for some time.” Federal Open Market Committee keeps interest rates unchanged close to zero, according to its statement. Panel agrees to maintain accommodative monetary policy until inflation climbs above 2% “for some time.” The

MicroStrategy’s CEO Michael Saylor Explains His $425 Million Bet on BTC

MicroStrategy is prepared to HODL its bitcoin for at least a century. Or so said the business intelligence firm’s founder and CEO, Michael Saylor, in an interview with CoinDesk on Tuesday, shortly after he announced on Twitter that MicroStrategy was doubling down on the godfather cryptocurrency with the purchase of $175 million more BTC. “I want something