Bitcoin could flippen PayPal on bullish news from… PayPal
Bigger than Disney. Bigger than Netflix. And soon, Bitcoin could be bigger than the company that’s driving its bullish momentum. Go to Source Powered by WPeMatico
Bitcoin Adoption
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Bitcoin price holds strong amid negative news blitz, says CoinShares report
There was a time when Bitcoin seemed to be directly influenced by the daily news cycle. Go to Source Powered by WPeMatico
Former patrons can’t drown sorrows as first-ever bar to accept Bitcoin closes
A legendary Berlin-based watering hole and Bitcoin hub closes down Go to Source Powered by WPeMatico
Bitcoin futures impact price more than spot markets: Wilshire Phoenix
The information in the report appears to confirm what many in the industry already believed to be true. Go to Source Powered by WPeMatico
Why didn’t the Kucoin hack or legal action against BitMEX seem to impact Bitcoin?
Bitcoin may have solidified a price base due to big player purchases. Go to Source Powered by WPeMatico
Retail investors will ‘undoubtedly’ move to Bitcoin, says Fidelity
A “new wave of retail investors” is waiting to adopt digital assets. Go to Source Powered by WPeMatico
BoE governor continues to assert Bitcoin has ‘little intrinsic value’
“It may have extrinsic value in the sense that people want it,” said Bailey. Go to Source Powered by WPeMatico
Grammy-nominated record producer joins the Bitcoin club
Multi-platinum record producer buys Bitcoin, is welcomed into the club by Pomp. Go to Source Powered by WPeMatico
Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to go from $1,000 to $10,000 in 2017. “So, doubling that time frame for maturation could get the price toward $100,000 … Read more
Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours
Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for allegedly operating an unregistered trading platform. According to Arcane Research’s post on Twitter, “the former … Read more
