Bitcoin

The recent events in the crypto world left many investors in a severe dilemma. Bitcoin, which is the most traded cryptocurrency, started a downtrend last year in November, after reaching its all-time high of $69,000. When bitcoin began to slide, investors who trade with eToro hoped it was only a slight expression of market volatility, […]

Nearly $150 billion dollars was wiped off the crypto market last night, Thursday 21th January 2021, as bitcoin and a few other cryptocurrencies drop sharply. Bitcoin, the leading digital currency, fell by a solid 7% in the last 24 hours. This brings its current market value to $38,287 according to BWCEvent crypto prices. It was […]

Bitcoin has stayed below $45,000 for about two weeks now. The coin sits at 40% below its all-time high of $69,000. This price action of bitcoin is quite familiar to that of late September when bitcoin price stayed down for 11 days straight. It was 37% below its April 15th all-time high of $64,900. To […]

As the new year proceeds, a lot of investors are seeking to buy bitcoin in huge amounts. They are hoping that the ‘drop’ that occurred in December which saw the cryptocurrency drop to almost $40,000 was only a festive blip.  Experts are saying that this is a more stable mode of investment and there is […]

The faith in the crypto world has widened further. First it was NFL players buying cryptocurrency, now it is NBA players who are taking part of their salaries in Bitcoin along with new crypto investors who are venturing into the market for the first time with platforms like eToro. A slam dunk for Bitcoin? Perhaps […]

One would expect the new year to usher in a positive outlook for the world’s largest cryptocurrency considering the severe drop in price, recorded in the closing months of 2021. Sadly, that is not how cryptocurrency operates. Bitcoin price slumped below $44,000. It’s lowest since last December’s sudden crash. The crypto giant trades at about […]

Bitcoin investors and traders woke up to a nice Christmas present with the most famous cryptocurrency hitting a two-week high. After a tedious couple of weeks, Bitcoin managed to push past the highly significant $50,000 mark, selling for about $51,144 at its 18-hour peak according to Bitcoin World Capital. Bitcoin had a very rough last […]

A lot of people labeled cryptocurrency as the savior that will put an end to centralized banking and its limitations. Not being tied to a government or central bank, it was deemed to be free from human bias and unequal distribution. However, a research conducted by the National Bureau of Economic Research brings to light […]

At the moment, bitcoin’s future seems to be anyone’s guess. The slump of the coin has entered a fifth consecutive week, should investors be worried? A senior professor of international trade policy (Cornell University) Eswar Prasad, said in a report earlier this month that bitcoin may not last much longer. Experts crypto-traders who use trading […]