Bitcoin

Mike McGlone, the well-known Bloomberg commodity analyst, claims that the $20,000 band for Bitcoin is similar to $5,000 in past years. The famous analyst suggests that the current level can act as the new price floor. Has Bitcoin Price…
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The Canadian businessman and TV personality – Kevin O’Leary (a.k.a. Mr. Wonderful) – believes the ongoing decline of the cryptocurrency market is a healthy event that will clear out the insignificant projects and leave…
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The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the bear market is a time to plant trees or create memes. For those with kids, it’s a welcome recess…
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The chief investment officer of global fixed income at Blackrock, the world’s largest asset manager, says bitcoin and crypto are durable assets. “I think there’s a healthy recalibration going on,” he said, noting that “if you look…
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BeCrypto takes a look at Bitcoin (BTC) on-chain indicators, focusing this week on the Market-Value-To-Realized-Value (MVRV), Reserve Risk and Puell Multiple. MVRV Z-Score MVRV is defined as the ratio between the market and realized…
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The American businessman and Founder of DoubleLine Capital LP – Jeffrey Gundlach – said that the current condition of the cryptocurrency market is “clearly not positive.” Keeping this negative trend in mind, he believes…
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Bitcoin (BTC) has been unable to restore the $24,000 support since Celsius, a popular staking and lending platform, paused withdrawals from its platform on June 13. A growing number of users believe Celsius mismanaged its funds following…
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After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s…
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American billionaire investor Stanley Druckenmiller warned the U.S. economy will slip into recession next year, and said that he would rather “own more bitcoin (BTC) than gold” amid rising inflation. Druckenmiller, founder of hedge fund…
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Blockware Solutions – a blockchain infrastructure and Bitcoin mining firm – has released a report analyzing the pace of Bitcoin’s adoption, and what to expect going forwards. The firm’s analysis calls for a minimum of 1…
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