Bitcoin

Bitcoin-Investors-Lose-Faith-in-CEXs,-Over-100K-BTC-Outflow
Bitcoin Investors Lose Faith in CEXs, Over 100K BTC Outflow

Bitcoin (BTC) investors are exiting centralized exchanges with their crypto assets. In the last month alone over 100,000 BTC exited centralized exchanges. 40,000 Bitcoin (BTC) exited centralized exchanges in the last seven days. A record-breaking 100,000 BTC has been moved from centralized exchanges (CEXs) over the past month. According to Glassnode, 40,000 BTC has exited CEXs in the last seven days alone.  During this crypto winter, many exchanges made the decision to halt withdrawals on their platforms. This means that many crypto holders are facing the issue of having all their assets frozen on these platforms.  That is to say,

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Visa-Introduces-No-Limit-Bitcoin-(BTC)-Card-in-the-UAE
Visa Introduces No-Limit Bitcoin (BTC) Card in the UAE

One of the world’s largest payments networks announces a no-limit BTC card in the UAE. Visa will soon launch a no-limit Visa card in the heart of crypto wall street.  The card known as ‘bitcoinblack’ is available to 10,000 invite-only users. Visa continues to show its support for crypto with its latest news. The brand just announced that it will launch a no-limit Bitcoin (BTC) card in the heart of crypto wall street — the United Arab Emirates (UAE). In detail, the popular payments network will launch an exclusive VIP crypto credit card called ‘bitcoinblack’ in the UAE. The card

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Bitcoin-Closer-Complete-Scarcity,-Only-2-Million-Left-Unmined
Bitcoin Closer Complete Scarcity, Only 2 Million Left Unmined

Of the 21 million total Bitcoin availability, 19 million is already mined.  Only 2 million Bitcoin (BTC) is left to be mined. The crypto community anticipates a massive bull run amid this discovery. Bitcoin gets its value from its scarcity. This scarcity comes from Bitcoin (BTC) being a scarce resource. Since its arrival, it was made clear that there are only 21 million Bitcoin available. Due to the crypto being fungible, more than 21 million could own the digital asset.  In its earlier days, the only way to get Bitcoin was by mining Bitcoin. While Bitcoin miners were the only

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Bitcoin in Green as Exchanges Defy Russia Ban Calls
Over 10.34 Million Bitcoin Wallets Now Hold 0.01 BTC

More and more users are buying Bitcoin (BTC) this crypto winter. Over 10.34 million Bitcoin (BTC) addresses show at least 0.01 BTC in holding. During this time, El Salvador just bought 80 more Bitcoin (BTC). This crypto winter may have pushed many investors into the FUD zone, but has also opened opportunities for many. According to Bitcoin Magazine, it seems that the number of addresses holding at least 0.01 BTC have set a new ATH of over 10.34 million.  Indeed, many are seeing that Bitcoin is a great source for investing. Back when the price of Bitcoin (BTC) was high

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Bitcoin Settles at $39K After Stripe Onboards Crypto
Bitcoin Charts Point to $17,500 Bottom on the Horizon

The Bitcoin Twitter community discusses a possible bottom for Bitcoin. Some say the charts are pointing to a $17,500 bottom for Bitcoin (BTC) Presently, the price of Bitcoin (BTC) is still staggering at the $20,000 area. A popular Bitcoin trader and crypto analyst sends crypto Twitter into a frenzy with his latest Bitcoin chart analysis. The main message from his charts is that Bitcoin is finally showing signs of a bottom.  In particular, he says that the Bitcoin (BTC) chart is forming an Adam & Eve pattern. In addition, he says that at the moment, the crypto is holding the

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Bitcoin and Ethereum Smash New All-Time High at the Same Day
SEC Ditches ETH, Says Only BTC Is Commodity-Material

SEC Chairman Gary Gensler said he is willing to acknowledge Bitcoin as a commodity. People misinterpreted Gensler, claiming that he recognized Bitcoin as a commodity already. Should Bitcoin become the only commodity, then Ethereum may be considered a security. The crypto space is paying close attention to the US Securities and Exchange Commission (SEC) again, as Chairman Gary Gensler made some bold statements regarding Bitcoin. https://twitter.com/DocumentingBTC/status/1541437342401150982 As heard during the interview, Gensler is willing to acknowledge Bitcoin as the only cryptocurrency that may be considered a commodity. This effectively makes every altcoin a security in Gensler’s eyes. However, many people

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CZ-Shuns-Coinbase-Comparison-After-Binance
CZ Shuns Coinbase Comparison After Binance.US Drops BTC Fees

Binance.US removed all fees when trading bitcoin on 4 spot markets: USD, USDT, USDC, and BUSD. People compared Binance.US to Coinbase, to which Changpeng Zhao responded. Most cryptocurrency exchanges rely on trading fees for revenue. Binance.US grabbed the spotlight within the US crypto community after the exchange removed all fees when trading bitcoin. This applies to all users, whether new or old. According to an announcement, the zero bitcoin fee will apply on four spot market pairs, namely BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD. People were quick to praise Binance.US, which radiates to the mother company Binance. However, some compared Binance.US

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ProShares-To-Launch-First-US-Short-BTC-Linked-ETF
ProShares To Launch First US Short BTC-Linked ETF

ProShares will launch its short Bitcoin-linked ETF in the US on June 21. Alongside BITI, ProShares’ mutual fund affiliate ProFund will launch BITIX. In November 2021, ProShares also received an approval to launch the first Bitcoin-linked ETF in the US. ProShares announced that it will be formally launching its short Bitcoin-linked exchange-traded fund (ETF) in the US on June 21. Named ProShares Short Bitcoin Strategy (BITI), this will become the first of its kind in the US. According to a press release, ProShares’ new ETF offering will “address the challenge of acquiring short exposure to Bitcoin.” Michael Sapir, CEO of

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Bitcoin-Recovery-Gains-Momentum-as-Miners-Stop-Selling
Bitcoin Recovery Gains Momentum as Miners Stop Selling

Bitcoin miners have finally stopped selling their Bitcoin (BTC). Bitcoin accumulation has gone up as more investors are buying the dip.  The amount of wallets hodling more than 1 Bitcoin have gone up significantly. Bitcoin Archive tweets exciting news. According to glassnode, Bitcoin miners have finally stopped selling their Bitcoin (BTC). As of now, they have instead begun accumulating BTC. It seems that bearish times may be over for Bitcoin. In response to the tweet, the crypto community seems to be collectively sighing in relief. In fact, many say that this is a good sign and expect the price of

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MicroStrategy-CEO-Michael-Saylor-Bitcoin-is-the-Best-Performing-Asset
Michael Saylor: Bitcoin is the Best-Performing Asset

MicroStrategy CEO Michael Saylor explained on CNBC why Bitcoin is the best asset. Saylor said today is the best time to buy Bitcoin amid the crypto meltdown. Bitcoin is currently trading at $21,105.83, down 0.05% over the last 24 hours according to CoinMarketCap. MicroStrategy CEO Michael Saylor talked about Bitcoin on CNBC news telecast Wednesday amid crypto meltdown, explained why it is the best-performing asset compared to gold and other investments. He emphasized why he thinks that Bitcoin will out-perform other assets. Saylor claims Bitcoin is the ‘first and the only legitimate scarcity’ in the universe.  In August 2020, his

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Bitcoin Is 9th Most Valuable Asset in the World, Beats META
Multi-Billionaire Ricardo Salinas to Buy More Bitcoin Amid Crypto Crash

Multi-billionaire Ricardo Salinas Pliego is buying more Bitcoin despite the market crash. He stated that the crash was painful, yet he’ll regret not buying at this price. The current price of Bitcoin is at $22,381.46. Ricardo Salinas Pliego, the chairman and CEO of Salinas Group, shared to Twitter his views about the current Bitcoin crash. Noting that he’ll regret not buying more at Bitcoin’s current price. I’m not sure what hurts more the nose surgery or the #Bitcoin crash 😂😆. I do know that in a couple of days my breathing will be much better than before… About the bitcoin

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Bitcoin-(BTC)-Candles-Moves-From-Red-to-Green-After-9-Weeks
deVere Group CEO Projects Bitcoin Bull Run in Q4

deVere Group CEO Nigel Green predicted Bitcoin will bounce in Q4. Green cited several key reasons for his prediction. Bitcoin’s price has tumbled to $23.9K, down 10% in the last 24 hours. Nigel Green, CEO of deVere Group, claims that the recovery of the leading cryptocurrency Bitcoin is now “underway.” Noting that investors should anticipate a “significant bounce” in the fourth quarter this year.  Established in 2002 by Nigel Green, deVere Group is one of the world’s leading financial advisory organizations that claim to provide high-class professional advice to its clients and investors. According to Green’s prediction, the price recovery

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