Bitcoin

Total-Crypto-market-cap-keeps-pushing-up
Total Crypto Market cap Keeps Pushing up

The cryptocurrency market capitalization is now $1.019 trillion. On July 18, crypto traders celebrated as the overall market capitalization reclaimed $1 trillion. The market is being driven by factors including strong technical indicators. The cryptocurrency market capitalization has grown to $1.019 trillion, with Bitcoin’s dominance rate standing at 41.6 percent. The total value of all cryptocurrencies has increased by $274 billion in the past week. On July 18, crypto traders celebrated as the overall market capitalization reclaimed $1 trillion after weeks of widespread selling following Bitcoin (BTC) price plunging below $18,000.  BTC’s Dominance chart, source: trading view Data from TradingView

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Cynthia-Lummis-is-Still-Bulish-on-Bitcoin
Cynthia Lummis is Still Bulish on Bitcoin

Cynthia Lummis mentioned that she is still bullish on Bitcoin. The senator is not alone in her bullishness on Bitcoin. She thinks that the long-term prospects for bitcoin are excellent. Reports have arisen with a US senator, Cynthia Lummis mentioning that she is still bullish on Bitcoin because she believes in the long-term potential of the technology. While the short-term price movements are always hard to predict, She thinks that Bitcoin has a lot of upside potential in the long run. With more and more people becoming aware of Bitcoin and its benefits, the senator believes that the Bitcoin price

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Bank-Santander-to-Offer-Crypto-Trading-to-Brazil
Bank Santander to Offer Crypto Trading to Brazil

Santander is one of the largest banks in the world. Santander has been at the forefront of blockchain and crypto adoption. Brazil’s central bank is preparing to launch its own digital currency, the Brazilian Real (BRL). Spanish banking multinational Santander plans to offer crypto trading to its clients in Brazil in the coming months, Santander Brazil CEO Mario Leao said on Thursday. The move would make Santander the first major bank to offer such services in Brazil. Leao said that the bank is “studying” the possibility of offering crypto trading to its clients, but did not give a timeline for

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Bank-Santander-to-Offer-Crypto-Trading-to-Brazil
Chance at Bitcoin and Crypto Recovery Seems Closer Than Expected

Twitter’s crypto community holds its breath as Bitcoin (BTC) charts approach MACD cross. The community hopes to see a speedier recovery for the crypto market.  Bitcoin (BTC) seems to be in better sentiment since the reigning FUD last month. Bitcoin could head into a stronger bullish signal if it can hold its present momentum. This observation comes from Lark Davis, active crypto trader and investor, who holds popularity in the Twitter crypto community.  In detail, Davis points to the Bitcoin price charts as we can see from the tweet above. He states that Bitcoin (BTC) is growing closer to hitting

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Bitcoin Network has transferred $17.78T in 2022 already
Netherlands Announces Listing a New Spot Bitcoin (BTC) ETP

The Netherlands announces the listing of a new spot Bitcoin (BTC) ETP.  Twitter’s crypto community is happy to see more crypto adoption across the globe.  Collectively, the community hopes more nations like the US will follow suit. Twitter is celebrating the wider adoption of Bitcoin (BTC) once again today thanks to an announcement in the Netherlands. In detail, the Netherlands just announced the listing of a new spot Bitcoin (BTC) ETP within its nation.  As we can see from the tweet above, the popular Bitcoin (BTC) Twitter profile — Bitcoin Magazine, posted about Netherlands’ decision. Furthermore, the tweet goes on

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Big-Brazil-Equities-Broker-Offers-BTC-and-ETH-Trading-Services
Big Brazil Equities Broker Offers BTC and ETH Trading Services

One of Brazil’s renowned equities brokers has joined the Bitcoin (BTC) revolution. XP Inc will soon offer Bitcoin (BTC) and Ethereum (ETH) crypto trading services. The offer will be available to clients from mid-August, more assets will join by 2022 end. Brazil joins the Bitcoin revolution as one of the biggest Brazilian equities brokers — XP Inc, made a huge decision. In detail, XP Inc will soon offer its customers the chance to trade Bitcoin (BTC). To highlight, it will start with 3.6 million customers in August.  To begin, the Brazilian brokerage will open its digital trading platform by initially

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Brazil’s-Nubank-Welcomes-Over-1M-Crypto-Users-Within-a-Month
Brazil’s Nubank Welcomes Over 1M Crypto Users Within a Month

Brazil’s Nubank now has over 1 million crypto users on its platform.  This influx of crypto users came in just one month after opening crypto trades on the app. More financial firms are offering crypto-driven services in the nation. Brazil continues to impress the crypto industry by making headlines. The latest of which is about its increasingly popular neobank — Nubank. To highlight, Nubank is now home to over 1 million crypto users.  This is great news for the neobank, especially since it only just launched its Bitcoin (BTC) and crypto trading services to its clients only a month ago.

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Bitcoin-Recovery-Streak-Falters-at-50-Day-Moving-Average
Bitcoin Recovery Streak Falters at 50-Day Moving Average

Bitcoin’s initial price recovery seems to have hit a snag.  The BTC price fell after failing to retake the 50 day moving average.  Presently, the price of Bitcoin (BTC) is staggering closer to below $21,000. It seems the crypto sector popped their champagne bottles a little too early last week, at least, it seems so according to Lark Davis. The popular crypto investor and trader highlighted Bitcoin’s (BTC) feeble attempt at recovery on Twitter.   As we can see from the tweet above, Lark Davis mentions how the recent surge in the price of Bitcoin (BTC) is already falling. Indeed, it

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Bitcoins-lightning-network-continues-to-show-some-resilient-growth
Lightning Network Rise in Capacity Amid Bear Takeover

The lightning network continues to accelerate amid the ongoing crypto downtrends. The average channel size is now 0.088 BTC or $3,290. The network will be needed to grow faster to attain its mainstream objective. The constant growth of the Bitcoin Lightning Network (LN) continues to accelerate after attaining another milestone undeterred by the ongoing crypto bear market. In particular, the Lightning Network’s total capacity in public channels has hit 4,290 Bitcoin, an increase of 34.6% and +1,102 BTC after Bitcoin’s price recorded the last all-time high of almost $68,000 in November last year. As of writing, the 4,290 BTC stored

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Bitcoin Is 9th Most Valuable Asset in the World, Beats META
BTC Investor: BTC will ‘Kept on Keeping’ on amid Tesla Sell-Off

Tesla sold 75% of its Bitcoin holdings earlier this week. The move from Tesla and its CEO Elon Musk was reportedly rumored as a market manipulation strategy. Bitcoin investor Lark Davis said Bitcoin would keep moving forward amid the sell-off. Earlier this week, Tesla sold 75% of its Bitcoin (BTC) holding even though the market is gaining a slight recovery. Twitter even called its CEO, Elon Musk, a boomer after it sold a big chunk of its holdings. Nowadays, big investors of Bitcoin who sold their BTC holdings are being criticized by people through social media. These groups of people

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Bitcoin’s-Philosophy-Tainted-by-Donating-to-Political-Campaigns
Bitcoin’s Philosophy Tainted by Donating to Political Campaigns 

California allows Bitcoin (BTC) donations for political campaigns.  The crypto community urges one another to donate USDT instead of Bitcoin (BTC).  They believe spending Bitcoin (BTC) on political campaigns is against Bitcoin’s vision. The United States of America (USA) keeps astounding the crypto community with constant exciting news. The latest of these announcements comes from the state of California. From henceforth, political campaigns in the state of California can receive Bitcoin (BTC) in the form of donations.  This is indeed very exciting news, as the state had banned political donations in Bitcoin (BTC) back in 2018. More so, the crypto

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Bitcoin and Crypto Users To Reach 1 Billion by 2030
Bitcoin and Crypto Users To Reach 1 Billion by 2030

It has been predicted that the number of people using cryptocurrencies could reach one billion by 2030. This is expected to increase to 35 million by 2022 Cryptocurrency could have a major impact on the world economy. In the next 10 years, the number of people using Bitcoin and cryptocurrency is expected to reach 1 billion. This is according to a new report by bitcoin’s research wing Bitcoin archive. A report, titled “Cryptocurrency: The Future of Money?” further argues that the mainstream adoption of Bitcoin and cryptocurrency will be driven by three factors: the millennials, the underestimated, and the unbanked.

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