Bitcoin

Bitcoin-Analyst-Says-“Free-Way-to-$23,000”-Amid-BTC-Crash
Bitcoin Analyst Says “Free Way to $23,000” Amid BTC Crash

Bitcoin price crashed once more below $20,000. Regardless, Crypto Capo argues that BTC will have a “free way” to $23,000. Throughout August, BTC has been forming a Rising Wedge pattern. Bitcoin has crashed once more below $20,000 amid FUD concerning regulations and political tensions. At the time of writing, Bitcoin price is at $19,805.36, according to CoinGecko. Despite this, Crypto Capo, a renowned crypto trader, believes that BTC will reclaim its $20,100 position soon. What is more, he claims that BTC will have a “free way” until $23,000. His post received mixed reactions from the crypto space. Notably, many disapproved

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The-growth-of-bitcoin
Growth and Adoption of Bitcoin Explained

The global price of Bitcoin ranged from $10 to $100 per BTC in early 2010. The price of Bitcoin is currently $20k. A major key factor driving Bitcoin’s growth is its limited supply. Research from BTC Times indicates that about 9 years down the line, Bitcoin`s exchange rate was at $10 to $100 per BTC across the world. After several years, however, the price of Bitcoin increased to $1k per BTC. By the end of 2017, the price had shot up to $10k per BTC and is currently trading at $20k. This is an unprecedented growth rate, and it has

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Bruce-Fenton-for-US-Senate
U.S. Senate: BTC Has Certainty In a Very Uncertain World

The US Senate has been recently discussing Bitcoin. The report argues that Bitcoin is an attractive investment during periods of high inflation. It seems evident that holding Bitcoin is a prudent move with a look into the future. A tweet by the Bitcoin Magazine Research Report contrasts Bitcoin’s indestructible scarcity with macroeconomic uncertainty linked with record-high inflation. The report states that BTC “gives holders a form of wealth that has certainty in a very uncertain world.” The report comes as US Senators including the Senate candidate Bruce Fenton are publicly discussing Bitcoin. In a recent tweet, Fenton compared BTC’s monetary

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Venezuela Devalues Currency by 35% - Bitcoin is the Only Solution?
Venezuela Devalues Currency by 35% – Bitcoin is the Only Solution?

Currency has lost a third of its value against the USD this month. The Venezuelan government has been struggling to combat inflation. The move comes when Venezuela is facing a political crisis. On Monday, the Venezuelan currency was virtually 35 percent devalued to bring it in line with the black market dollar-to-bolivar exchange rate. The official exchange rate fell to 7.10 bolivars per U.S. dollar, 1.60 bolivars less than the parallel value. Asdrubal Oliveros, head of market research firm Ecoanalitica, explained there are two factors affecting the exchange rate: The first one has to do with the rise of public

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Philippine-Colleges-to-offer-Bitcoin-and-crypto-courses
Philippine Colleges to offer Bitcoin and crypto courses

A Senate meeting in the Philippines future Binance`s officials. Binance is already working to offer free courses to the Filipino people. A regulatory structure wIll be required to promote innovation. According to a report from the local news outlet Inquirer, Binance, the largest cryptocurrency exchange in the world, recently attended a Senate meeting in the Philippines where authorities and business executives reviewed policies and rules for the nation surrounding digital assets. The Securities and Exchange Commission (SEC), Bangko Sentral Pilipinas (BSP), and the Cagayan Economic Zone Authority (CEZA) attended the Senate hearing. Along with the Senate Banking Committee, prominent cryptocurrency

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15% of Adult Indians Hold Cryptocurrency or Bitcoin
15% of Adult Indians Hold Cryptocurrency or Bitcoin

An estimated 115 million people in India are bitcoin investors. By 2030, it is projected that India’s crypto market would have a $241 million market valuation. Crypto users are perplexed by the government’s strict regulations. The results of a survey report titled “Into the Cryptoverse, India”  were released by the cryptocurrency exchange KuCoin. The analysis examines the growth of the cryptocurrency and blockchain sectors in India. Data from KuCoin, a worldwide cryptocurrency exchange, claims that despite the government’s anti-crypto stance, India has an estimated 115 million (which adds up to 15% of the country’s adults), cryptocurrency investors, with a “sentiment

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UK-Inflation-Anticipated-to-Reach-18
UK Inflation Anticipated to Reach 18.6%

The UK’s inflation might rise to 18.6%, which would be a 50-year high. The surge in July was mostly caused by rising food costs The office of the prime minister is proposing household supporting policies. According to the most recent Citigroup prediction, the UK’s inflation might reach a near 50-year high of 18.6% early next year as a result of skyrocketing wholesale gas costs, writes Andrew Michael. Individuals have gone ahead to give out their views suggesting it could be the same reason as to why they haven`t seen any bull run lately. It however now makes sense to them

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How-To-Make-a-Profit-From-the-Upcoming-Ethereum-Fork
How To Make a Profit From the Upcoming Ethereum Fork

The day of the Ethereum merge is getting closer.  Traders are looking for ways to profit during the shift from PoW to PoS consensus.  One trader in particular shares their experience on how to profit during the fork. An experienced crypto trader explains how it is possible for other crypto traders to make a decent profit from the upcoming Ethereum (ETH) fork. The trader shares their experience from the original Bitcoin (BTC) fork and how they made a profit then.  In detail, the trader shares their excitement over the Ethereum (ETH) fork. They begin by expressing how there is serious

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Refugee Binance Card is Now Applicable For All Ages

Cardholders can now use the Binance Card to send cryptocurrency. This card could aid millions of refugees as well as authorized citizens. The card is not a commercial product. Since the start of the Russia-Ukraine war, Binance has been a vocal supporter of Ukraine. A few days after Vladimir Putin initiated his “unique military operation,” Binance donated $10 million to assist with the humanitarian situation in the area. UNICEF, UNRWA, and other groups received donations from this contribution. Following the crisis situation, the Leading Crypto Exchange Binance launched a “Binance Refugee Crypto Card” for displaced Ukrainians. This card is issued

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Mashinsky-Takes-Over-Celsius-Trade-Amid-Bankruptcy
Mashinsky Takes Over Celsius Trade Amid Bankruptcy

Mashinsky personally directed individual trades. Celsius was given the bargain to get out of the lost trade. For nearly a month, the cryptocurrency market continued to move sideways. Before a forthcoming US Federal Reserve meeting in January, Celsius Network CEO Alex Mashinsky assembled his investment team and informed them that he would be taking over the crypto lender’s trading strategy. The former telecoms entrepreneur claimed that because prices of well-known cryptocurrencies like bitcoin and ether had dropped from all-time highs, Celsius needed to take precautions against additional drops. He was confident that a hawkish decision would cause a drop in

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bitcoin-btc
Whales Boost Holdings As Bitcoin`s Price Escalate

The Bitcoin bulls continued to stand out in the market. Addresses holding 100 to 10,000 BTC coins are at their highest level since June 11. The price had to test the bottom support of the triangle due to recent price action. The selling pressure has caused the price of Bitcoin to decline more dramatically over the last few days, which has caused an exceptionally pessimistic trend. The bulls continue to stand out as they seem to be watching for the ideal moment to reenter and seize power. As the Whales have been continuously accumulating recently, the BTC price is anticipated

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Bankrupt-Celsius-Gets-Approval-to-Sell-Mined-Bitcoin
Bankrupt Celsius Gets Approval to Sell Mined Bitcoin

Celsius Network acknowledged that it ran out of money. Josh Sussberg, an attorney for Celsius, reported the receipt of cash injection offers on Tuesday. Celsius has to invest more money to get its mining operations up and running. A U.S. judge has given the go-ahead for the bankrupt cryptocurrency lender Celsius Network to sell the bitcoin (BTC) that it mines. Celsius Network revealed that it was running low on cash. Since then, the firm has received multiple bids to raise money. During a bankruptcy hearing on Tuesday, Celsius attorney Josh Sussberg reported the receipt of cash-injection bids, although he did

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