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Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk

One of cryptocurrency’s strongest female supporters states that women tend to stay away from Bitcoin due to its high-risk level, hence its low popularity among women. Miss Universe Finland 2015 winner, Rosa-Maria Ryyti, had argued that Bitcoin’s risk factor has made it more appealing to men, in a twitter discussion on September 5th. Her statement … Continue reading Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk

Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

During the first round-table discussion at the Kuala Lumpur (KL) Summit 2019, Hassan Rouhani, Iran’s President, proposed that cryptocurrency ought to be integrated into Muslim nations as this would smoothen trade. He made the suggestion on Dec 19 as various nations converged at Kuala Lumpur, Malaysia, to delve into solutions and proposals that are workable … Continue reading Iranian President Advocates for Cryptocurrency-Driven Muslim Nations

Are You Ready for Halal Cryptocurrency?

Muslim leaders are calling on Muslim countries to strengthen trade and financial cooperation and to cut their reliance on the US dollar. Malaysian Prime Minister Tun Dr. Mahathir Mohamad, Turkish President Recep Tayyip Erdogan, and Iranian President Dr. Hassan Rouhani mentioned the idea of a unified currency as one of the ways to confront the U.S’ economic dominance. … Continue reading Are You Ready for Halal Cryptocurrency?

Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020

Bitcoin price has hit another record level of above $29,000 on the last day of the year 2020, indicating no signs of slowing down its wild December rally. The value of the leading cryptocurrency rose as high as $29,391 before slightly pulling back. The digital asset has surged by almost 50% in December, on track … Continue reading Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020

Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes

While extreme swings continue to rock Bitcoin, the price of the world’s largest crypto asset has reached another all-time high. The cryptocurrency increased in value by approximately 8% to climb to around $37,254.00, surpassing the previous high record experienced on January 3 when it was trading at $36,190 in the late afternoon, in Eastern Standard … Continue reading Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes

Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

After enjoying a remarkable bull run in recent weeks that saw the crypto sector’s market capitalization surpass $1 trillion, many cryptocurrencies have since pulled back. This has resulted in the crypto market plummeting by nearly $170 billion in the last 24 hours as leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) tumbled by 13% and 16%, … Continue reading Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues

Bitcoin (BTC) and Ethereum (ETH) continue bringing the crypto space into the limelight, as evidenced by their record-breaking bull runs this month. Over the weekend, the price of Ethereum soared to hit a new record-high topping $1460. Bitcoin also soared to an all-time high (ATH) of $41,500 earlier this month though it has been consolidating … Continue reading Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues

Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off

After hitting a high of $58,300 over the weekend, things have turned for the worse as Bitcoin (BTC) has plunged by more than 20% this week. This pullback is the worst weekly slip for the leading cryptocurrency since March 2020. Risk assets experiencing a global selloff A strengthening dollar is not good news for Bitcoin … Continue reading Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off

Vebitcoin Crypto Exchange Shuts Down its Business, Turkish Financial Watchdog Investigates

Normal 0 false false false EN-US X-NONE X-NONE Turkey’s Vebitcoin cryptocurrency exchange has made a disturbing announcement that it has halted all of its trading activities due to financial strains facing the firm. Vebitcoin announced: “Due to the recent interest in crypto, our transactions have become much more intense than expected. We regret that this … Continue reading Vebitcoin Crypto Exchange Shuts Down its Business, Turkish Financial Watchdog Investigates

How To Protect Your Wealth When Bitcoin Continues To Drop

Bitcoin took several blows in the past several days. Concerns over the security of Bitcoin and the speech from Donald Trump may have caused a brutal sell-off among cryptocurrency markets. Bitcoin once fell to $31,000 from $36,000. Bitcoin has closed the day red for five days now. Other cryptocurrencies also saw more than 10% losses. … Continue reading How To Protect Your Wealth When Bitcoin Continues To Drop