Author: Bradley Sims
Bitcoin Soars in Yen Terms, Signaling Japan’s Fiat Currency Woes
The winds of change are blowing across the Pacific, and it’s not just the frosty air from Siberia. Bitcoin, the world’s leading cryptocurrency, has reached a record high against the...
Bitcoin (BTC) Price Prediction 2024: Will BTC Hit $50,000 This Year?
The year 2023 was a rollercoaster ride for Bitcoin (BTC), the world’s leading cryptocurrency. After reaching an all-time high of nearly $70,000 in November 2021, the price plummeted to around...
El Salvador Bets on the Future: Bukele Announces Ambitious “Bitcoin City” Project
In a move that sent shockwaves through the cryptocurrency world, El Salvador’s President Nayib Bukele unveiled a bold and futuristic vision: the construction of “Bitcoin City,” a metropolis fueled entirely...
Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing Operations
Vancouver-based Bitcoin miner Hive Digital is making a bold move, shifting gears from the volatile world of cryptocurrency mining to the cutting-edge realm of artificial intelligence (AI) and high-performance computing...
Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
A report published by the Bank for International Settlements (BIS) has found that central banks are not adequately prepared for the risks associated with central bank digital currencies (CBDCs). The...
A Major Vulnerability Found in Early Crypto Wallet Software Risks Billions in Assets
In the ever-evolving landscape of cryptocurrencies, where security is paramount, a major vulnerability has been unearthed in the early iterations of crypto wallet software. This discovery has sent shockwaves through...
Blackrock Ignites Bullish Surge as Spot BTC ETF Launches: $28,000 Bitcoin Price Looms Large on the Horizon
After a difficult period, the cryptomarket has begun to show signs that it is recovering, largely due to BlackRock’s recent move. BlackRock, the world’s largest asset management firm, has filed for a Bitcoin...
Massive Bitcoin Withdrawal: $800 Million Vanishes from Exchanges
According to Glassnode, a blockchain analytics company, the amount of Bitcoin withdrawn is approximately $800,000,000. This represents the largest withdrawal this year, and the biggest since December. According to reports, a massive...
The crypto market rally is built on hopes of Fed rate hike slowdown and looming US credit crunch, Galaxy Digital’s Mike Novogratz says
Mike Novogratz, CEO of Galaxy Digital, said that the recent cryptocurrency market rally was a reference to traders speculation on a slowdown at central banks tightening and a possible US...
Arthur Hayes Predicts Bitcoin May Reach $1 Million
Arthur Hayes , former CEO of BitMEX, has reiterated his prediction about Bitcoin reaching a price above $1 million. He cited China’s recent reduction to the reserve requirement ratios (RRRs) as an...