Bitcoin

These have been interesting times for Bitcoin and cryptocurrency at large. The volatility that the market has seen has been unprecedented, defying the expectations of even seasoned investors.  Following Bitcoin’s rise to $50,000, a point at which many believed it would fall from, the coin has remained strong and held onto that support level. While […]

On the 24th of March, 2021, Elon Musk announced that customers could now purchase Tesla cars using Bitcoin. This marks the first notable example of a mainstream company pushing an initiative to incentivize customers to trade with cryptocurrency.  In line with the other instances of Elon Musk tweeting about Bitcoin, this announcement sent the cryptocurrency […]

It’s been an interesting few weeks for Bitcoin. After Elon Musk’s series of tweets on the coin and Tesla’s investment into it, the coin shot up in value and broke $50,000, setting a new all-time high and taking many investors by surprise. Following this hike in price, many were predicting Bitcoin would recede back to […]

Earlier this year, Tesla CEO Elon Musk tweeted about Bitcoin. Following that, Tesla also moved a portion of its reserve cash into the cryptocurrency.  Both of these actions caused an artificial inflation in the price of Bitcoin, and inflation that many had predicted would already have popped by now.  Many of the leading Bitcoin experts […]

2021 is the year that keeps on giving for Bitcoin. We’ve already seen it smash its previous all-time high in February, reaching $50,000 per coin, but it’s not stopping there. Bitcoin has continued to soar in price and now stands at just over $57,000, yet another record for the coin.  This number is more than […]

According to the Chief Executive Officer of Devere Group, 2020 will be a breakout year for Bitcoin. Amid the political and financial uncertainty, coupled with the Federal Reserve’s new inflation policy. Nigel Green predicts that investors will run to the safety of assets not tied to any specific country, such as Bitcoin. Nigel Green established […]

There are several cryptocurrencies, but since its inception in 2009, Bitcoin remains dominant. After existing for 11 years in the finance and tech space and cryptocurrency market, many individuals and institutions are beginning to explore Bitcoin’s innovative and ingenious functions. Bitcoin is often compared to gold, as both have certain similar features. For example, gold […]

Last Wednesday, August 5, saw the price of Bitcoin surge more in one day than stocks gained in the previous six months. The oldest of the cryptocurrencies outpaced both stocks and gold. The rapid rise in Bitcoin appears to be driven by calls for additional government stimuli, as the toll on the economy continues to […]

Bitcoin, after surging in the last week of July, suffered a price crash on the second day of August. After breaking the $12,000 price level on the Bitstamp exchange in Luxembourg earlier in the morning, the Bitcoin / USD price dropped dramatically, reaching a low of $10,550. Although the price of Bitcoin has somewhat bounced […]