BTC

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

2 mins read
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

2 mins read
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

2 mins read
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

2 mins read
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

1 min read
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

2 mins read
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

2 mins read
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

2 mins read
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

2 mins read
Bitcoin Drops $33K, Predictions to Hit $10K This Year
Whale Moves 1,000 BTC as Bitcoin Price Continues to Fall

The price of Bitcoin is now $25,43.91.  Some are hoping for a bigger dump so they can buy Bitcoin at a lower price.  Others are expecting buyers to start buying so the price will recover quickly. Bitcoin (BTC) seems to have had a haggard weekend as the price of Bitcoin (BTC) dwindled further. Presently, Bitcoin (BTC) price is $25,443.91, according to CoinGecko. During this time, a whale has moved 1,000 BTC ($25,619,347) from an unknown wallet to Bitbank. It looks like many are panic selling and this whale could be the next one to do so. Responses to the tweet

2 mins read
Jay-Z-and-Jack-Dorsey-Launch-Bitcoin-Academy
Jay-Z and Jack Dorsey Launch Bitcoin Academy

The Bitcoin Academy will be initially open to residents of Marcy Houses in Brooklyn. The classes include education in cryptocurrency and financial literacy. The program also offers a crypto kids camp Block CEO Jack Dorsey and rapper Jay-Z joined forces on Thursday to launch Bitcoin Academy, a program that teaches about cryptocurrency and financial literacy. Shawn Corey Carter, popularly known as Jay-Z, is a billionaire rapper and entrepreneur who grew up in the Marcy Houses of Brooklyn district.  The official Twitter account of Shawn Carter Foundation, a foundation co-founded by Jay-Z, confirmed via tweet the funding of the education program

2 mins read
Bitcoin-Miners-in-Tug-of-War,-HODL-vs-Sell-Bitcoin-(BTC)
Bitcoin Miners in Tug-of-War, HODL vs Sell Bitcoin (BTC)

Miner Hut 8 is holding over $222,000,000 worth of Bitcoin (BTC). Charts show that a significant amount of Bitcoin miners are selling their BTC.   Many are expecting the price of Bitcoin to shoot soon based on past price patterns. Miner Hut 8 holds 7,078 BTC, according to one of Bitcoin magazine’s latest tweets. In detail, this amount of BTC comes up to over $222,000,000 in worth. More so, the tweet claims that Miner Hut is keeping 100% of the Bitcoin (BTC) that it mines. This is grand news for Bitcoin holders and crypto enthusiasts everywhere. To highlight, the crypto community

2 mins read