Craig Wright, the controversial figure who claims to be Bitcoin’s creator, lashed out at Michael Saylor, co-founder of MicroStrategy, accusing him of distorting the true essence of Bitcoin. Wright’s condemnation comes on the heels of Saylor’s announcing that he wants to turn MicroStrategy into a merchant bank for Bitcoin (BTC). In a blistering critique, posted […]
Category: Crypto news
Bitcoin’s global search interest dips to 31 in October 2024
Bitcoin (BTC) search interest has dropped to bear market lows. According to data from Google Trends (GT), search interest for “Bitcoin” is down to 31 on October 12th compared to 76 out of 100 during the Bitcoin ETF approval week. This occurs as BTC recovers and manages to stage an impressive rally. It peaked at […]
Bitcoin Layer 2 Sees Major Growth in September, Reveals Footprint Analytics Report
September 2024 brought considerable growth to the blockchain sector, driven by favorable macroeconomic conditions and regulatory advances. Bitcoin’s Layer 2 solutions stood out as the top performers, significantly outpacing Ethereum Layer 2 networks in terms of growth. According to Footprint Analytics, the total value locked (TVL) in Bitcoin Layer 2 surged by 33%, with Core […]
Bitcoin Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift
BTC revisit Friday’s highs above $63,000, maintaining the positive momentum. China’s highly-anticipated stimulus announcement fell short of expectations, suggesting low probability of continued outflows into China-linked assets. Bitcoin made another push toward establishing a foothold above $63,000 Saturday as China’s highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital rotation into […]
Bitcoin Price Analysis: The 2 Most Probable Scenarios For BTC in the Short Term
Bitcoin’s price remains in a state of indecision, confined within a tight consolidation range bounded by the 100-day and 200-day moving averages. An impending breakout from this range will likely determine the asset’s short-term direction. Technical Analysis By Shayan The Daily Chart Bitcoin has been stuck in a multi-month consolidation between the $55K-$71K price range […]
Realize profits: Millionaire sales take over the market as price surges
Realize profits: Millionaire sales take over the market as price surges Vinicius Barbosa Cryptocurrency Oct 12, 2024 Share The cryptocurrency market is experiencing a significant price surge. Most cryptocurrencies have accumulated gains as the sentiment shifts and capital inflows, leading to some millionaire sales to realize profits. In the past two days, the crypto total […]
‘Rich Dad Poor Dad’ Author Gives Non-Bitcoiners One Last Counsel
Serial entrepreneur and author Robert Kiyosaki is back with his investment advice to investors without a Bitcoin. He suggested investing in Bitcoin (BTC) or historically bullish traditional assets like gold and silver is always possible. Robert Kiyosaki says to buy Bitcoin, gold and silver In an X post, the author of “Rich Dad Poor Dad” […]
Crypto trader misses out on $17.5 million return from $1,000 investment
Crypto trader misses out on $17.5 million return from $1,000 investment Paul L. Cryptocurrency Oct 12, 2024 Share Trading meme coins is risky and requires a well-timed execution of trades to make profits. However, one investor may have opted out of their First Neiro (NEIRO) involvement way too early, missing out on significant profits. To […]
Legendary Trader Peter Brandt Weighs In on MicroStrategy’s BTC-Fueled Rally
In a noteworthy development, shares of business intelligence company MicroStrategy (MSTR) continue to rise in relation to the price of Bitcoin (BTC), bringing the premium to the value of its BTC holdings to its highest level in over three years. Notably, since the launch of Bitcoin ETFs in January, MicroStrategy stock has increased by more […]
Bitcoin Gains Ground And Breaks Through The $60,000 Level
The price of Bitcoin (BTC) has held on to the psychological $60,000 mark despite the drop on October 10. Long-term forecast for the BTC price: bullish On October 10, Bitcoin fell to a low of $58,943, but the bulls bought the dips. The largest cryptocurrency rallied above the moving average lines but was halted by […]