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Bitcoin Price as Likely as Gold to Rally Higher, Investors Await ECB Policy Meeting Outcome

Bitcoin is now more closely correlated to safe haven asset gold than ever, which enables the world’s largest cryptocurrency to be able to combat risk aversion in the traditional markets. Gold prices have been rallying higher this week, rebounding from the recent support level and has been moving higher as riskier assets including equities also … Continue reading Bitcoin Price as Likely as Gold to Rally Higher, Investors Await ECB Policy Meeting Outcome

Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

The European Central Bank announced it would not alter its interest rates and COVID-19 stimulus programs despite a strong euro—which Bitcoin billionaire Tyler Winklevoss called a “powerful advertisement for Bitcoin.” The European Central Bank (ECB) announced on Thursday Sept 10, that it was keeping its interest rates and coronavirus-stimulus program unchanged despite the euro rising … Continue reading Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

Bitcoin Price Sets 12-Day High as US Stock Futures Sees Bounce-Back Session

Bitcoin has currently surged above the $10,700 level, reaching its highest price level in 12 days. Bitcoin is currently trading at $10,737 according to CoinMarketCap, which has been up 3.77 percent in the past 24 hours. Bitcoin also regained some of the market dominance after surpassing $10,700. A few altcoins have also followed Bitcoin’s lead, … Continue reading Bitcoin Price Sets 12-Day High as US Stock Futures Sees Bounce-Back Session

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

The decentralized finance (DeFi) industry has been propelled digital currencies to be this year’s best-performing asset so far. According to the Bloomberg Galaxy Crypto Index, digital currencies have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent. Cryptocurrencies have also beat global stocks, bonds, and commodities this year, … Continue reading Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators. Bitcoin (BTC) has had a history of adding zeros to its price when Bitcoin first traded at $1,000, it took 4 years to add another zero, to reach $10,000. Bloomberg suggests that for Bitcoin to add another … Continue reading Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes

Gold has reached its all-time high this year, witnessing a record high of $2,000. Bloomberg’s records show that the correlation between Bitcoin and gold is now at its highest level since 2010, which in turn indicates that Bitcoin is becoming a safe-haven asset like gold. The yellow precious metal has been trading sideways in the … Continue reading Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes

US Election 2020: Can I Change My Vote?

As the United States 2020 election day approaches, a large number of US citizens have already cast their votes by mail due to the COVID-19 pandemic precautions. But what if these early voters decided they wanted to change their vote before Election Day? In the lead up to one of the most divisive US elections … Continue reading US Election 2020: Can I Change My Vote?

What Can You Buy With Bitcoin?

Bitcoin (BTC) has been on a price surge lately, surpassing the $16,000 resistance for the first time since 2017, but as the crypto’s value increases many are asking the question—what can you buy with Bitcoin? Since Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy,’ traded his 10,000 BTC for two large Papa John’s Pizzas with eighteen-year-old Jeremy … Continue reading What Can You Buy With Bitcoin?

Poker Players Are Improving Their Winning Odds with Bitcoin Cash Outs

As Bitcoin continues its rally, successful gamblers are becoming better winners by requesting payments and cash outs of Bitcoin from major online poker sites. CEO of Winning Poker Network (WPN), Phil Nagy, said that in recent weeks, the site has had to purchase millions of dollars in Bitcoin a day from crypto over-the-counter (OTC) trading … Continue reading Poker Players Are Improving Their Winning Odds with Bitcoin Cash Outs

US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”

The US Treasury Department was on the receiving line of a huge security breach suffered late Sunday night that saw their internal servers targeted. Emails belonging to the NTIA office, operating under the Department of Commerce, were infiltrated, and according to people familiar with the talks, the US department’s Microsoft Office 365 was breached. They … Continue reading US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”