Historical Data Suggests Now Is a Good Time to Buy BTC
Since its creation on January 3, 2009, more than 13 years ago, the price of BTC, the leading crypto, has fluctuated wildly, peaking in 2011, 2015, and 2019.
BTC
iPhone Fanatic or Bitcoin Loyalist? Choose the Winning Side
The price of an iPhone 14 has led many to consider investing in Bitcoin (BTC) over an iPhone which will eventually hold less value.
The Dow Jones Stock Index is Now More Volatile Than BTC
Recent trading has seen stocks and bitcoin (BTC) coexist. Now, the Dow Jones stock index fluctuates more than Bitcoin. Currently, Bitcoin is consolidating below the $20,000 level. With both asset classes facing prevalent macroeconomic conditions, like soaring inflation and interest rate rises, Bitcoin (BTC) has recently traded side by side with equities. However, as the leading cryptocurrency exhibits symptoms of decoupling from equities, Bitcoin’s volatility seems to be calming down in comparison to conventional stocks. In particular, Bitcoin was less volatile as of October 7 than the Dow Jones index, which covers the 30 biggest industrial firms. Given that it
BTC: Best Thing You Could Have Bought Last Quarter
Bitcoin`s original value was $0. if you had invested when it was initially introduced in 2009, your returns may have been in the millions or billions.
BON Accepts Bitcoin For Payments: Namibia
Virtual assets “remain without legal tender status,” according to the Namibian Central Bank, Now businesses can still accept Bitcoin and other cryptos.
Bitcoin (BTC) Reserves Steadily Drops in Exchanges
Bitcoin (BTC) has been flowing into cryptocurrency exchanges since 2013. The reserves have slowly begun to decline since 2020.
BTC Outperforms The British Pound as GBP Falls Apart
Bitcoin beats fiat currencies by 55%. BTC/GBP exchanges were almost 1,100% higher on Monday than on any other day. The spike was most likely caused by traders trading the Pound for Bitcoin. According to market data firm Kaiko Research, trading volumes between the British pound and the cryptocurrency bitcoin reached a new high after the sterling fell on Monday, indicating a rush by investors to dump their pounds for the digital asset or benefit from arbitrage. The rising BTC/GBP transaction activity demonstrates traders’ preference for the most popular cryptocurrency. The amount of crypto-fiat transactions on exchanges exceeded a record on
BTC Mining Firm Compute North Files for Bankruptcy
Compute North is the latest crypto-related firm to file for chapter 11 bankruptcy. The filing states that the firm owes $500M to 200 creditors. Earlier this month, the firm’s CEO stepped down to serve as a chairman. Compute North, one of the largest companies that hosts Bitcoin mining, has filed for chapter 11 reorganization bankruptcy amid the uncertainty of increasing energy costs and the ongoing crypto meltdown. According to the filed document in the Southern District of Texas, the Minnesota-based company owes up to $500 million to not less than 200 creditors, while its evaluated assets accounted for between $100
+5000 EazyPay Merchants Now Accept Bitcoin
Bitcoin services are approved by over 5000 Eazypay merchants in Bahrain. This is an excellent development for Bitcoin. The Middle East has focused a lot of emphasis on cryptocurrencies. The king of crypto assets, Bitcoin, is still respected by businesses, investors, and states worldwide. Recently, Bitcoin services have been approved by over five thousand Eazypay merchants in Bahrain. According to reports, customers may now use their Binance App to scan the generated QR from Eazy’s POS and pay with their choice cryptocurrency at Merchant Stores in “Real-Time.” This is an excellent development for the cryptocurrency pair in the journey to
Irish Bitcoin Mining Farm Uses Organic Waste as Energy Source
A BTC mining farm in Ireland is using organic waste as the energy source for its operations. The mining farm is operated by Scilling Digital Mining, an Irish crypto mining firm. The mining farm generates around 0.42 BTC per month — over $8,000 given the current market price. A Bitcoin (BTC) mining farm situated in Ireland revealed that it is using organic waste as the energy source for its operations. According to a blog by content marketing agency Adaptive Analysis, the bitcoin mining operation is happening in Armagh, a county on the upper-right side of Ireland. In detail, there are
Robbery of One’s Own Bank Has Become Heroic in Lebanon
Lebanese depositors are demanding access to their money. People have witnessed the erasure of an entire way of life. Lark Davies: “Keep starking Bitcoin”. A Times correspondent Ben Hubbard, who has spent much of the past decade in Lebanon, reports that “it genuinely feels like the country is falling down.” People have witnessed the erasure of an entire way of life. In the same regard, depositors in Lebanon held up two banks to demand access to their own money that was frozen in the nation’s crippled banking system, highlighting the despair of those who have been unable to access funds
Nasdaq To Offer Crypto Custody for Bitcoin, Ethereum
Nasdaq is planning to launch crypto custody services for BTC and ETH initially. The stock exchange is not planning to launch its own crypto exchange anytime soon. However, Nasdaq expressed its willingness to partner with crypto firms. Nasdaq revealed that it is planning to launch crypto custody services for Bitcoin (BTC) and Ethereum (ETH). In fact, the stock exchange juggernaut has hired one former executive from US-based crypto exchange Gemini in preparation for the said task. According to an article by Bloomberg, Nasdaq has already onboarded Ira Auerbach, who was the Global Head of Gemini Prime. Now, Auerbach is Nasdaq’s
