Browsing:Bitcoin

Bitcoin price for 2022
2 years ago 2 mins read

Bitcoin Weekly Price Prediction – May 30, 2022

On the BTC chart, we witnessed the market continue to fall in price and test a long-term support that has been in effect since January 2021. The support region’s price range is about $28,000–$29,00, and the market has been trading in a range for the past few days. The next direction the market will go will be determined by a breakout from this range. BULLISH SCENARIO According to the bullish point of view, the market will respect the support zone and go upwards from there in the coming weeks, as seen in the chart below. A closer examination of the

Amazon denies accepting crypto
3 years ago 1 min read

Amazon.com Inc Denies Rumored Plans About Accepting Bitcoin Payments

The e-commerce giant, Amazon.com, denies reports of it accepting crypto and Bitcoin payments by the end of the year. According to an Amazon spokesperson, the company won’t accept crypto payments by the end of 2021. But, it is still interested in blockchain technology and the cryptocurrency space. The denial news came on Monday when Amazon.com’s insider took to the media, saying Amazon has no specific plans to onboard digital assets for payments yet. The insider said, “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true. We remain focused on

NYDIG adds Bitcoin
3 years ago 1 min read

NYDIG Registers New Bitcoin Fund With SEC

An asset manager registers a new Bitcoin fund with the United States Securities and Exchange Commission (SEC). Stone Ridge Asset Management has been actively seeking new investment means for Bitcoin (BTC). Yesterday, Stone Ridge’s open-end mutual fund announced a new Bitcoin-focused investment policy. The parent of the New York Digital Investment Group (NYDIG) has registered a new scheme with the United States SEC to add BTC to its open-end mutual fund. According to reports, the actual filing is on July 26, 2021. As per the reports, the main investment goal of the firm is capital appreciation. The Fund explores exposure

For the first time since mid-June, Bitcoin went bullish around $39,000 following a recent sell-off.
3 years ago 1 min read

Experts Say Twitter CEO and Tesla CEO Are the Reason Bitcoin Hit $39,000

Experts Say Twitter CEO and Tesla CEO Are the Reason Bitcoin Hit $39,000. According to CoinMarketCap data, the crypto was trading at around $39,544.29 on Sunday evening. As a result, Bitcoin was up over 12.00% in the last 24 hours. In addition, this BTC rally lifted other coins known as altcoins. This includes Ether, Cardano, XRP, Dogecoin, and many others. These coins went up 8.5%, 12.91%, 9.84%, and 13.89%, respectively. More so, the rally resulted in over $114 billion added to the crypto market, according to CoinMarketCap. The rally comes after Bitcoin fell below $30,000 last week. At that time,

Nigeria is African crypto hub
3 years ago 1 min read

Nigeria To Lead Central Bank Digital Currency Soon

The Nigerian Central Bank announced it would start the pilot of its central bank digital currency on October 1. The digital currency runs on the Hyperledger Fabric blockchain. This year, the Central Bank of Nigeria (CBN) appeared in the headlines for its anti-cryptocurrency measures many times. But, the company has raised its investment and research into crypto’s underlying tech, blockchain. Also, it has set a fixed date for the pilot project of its blockchain-powered Central Bank Digital Currency (CBDC). According to CBN, it will reportedly launch a pilot scheme for “GIANT” on October 1 – a CBDC project in progress

In a virtual Bitcoin (BTC) event, Elon Musk said he is positive about Bitcoin using green energy in the future.
3 years ago 2 mins read

Elon Musk: I Own BTC, SpaceX Owns BTC, Tesla Owns BTC

In a virtual Bitcoin (BTC) event, Elon Musk said he is positive about Bitcoin using green energy in the future. The virtual Bitcoin (BTC) event was organized by Twitter CEO Jack Dorsey, Elon Musk, Ark Invest’s Cathie Wood, and Steve Lee from Square Crypto. The thing that surprised people the most is that during the event, Musk revealed for the first time that SpaceX owns Bitcoin. This statement shocked the entire world. What is more, he said that Tesla is not accepting BTC payments now but maybe in the future. However, Musk didn’t give any details on how much Bitcoin

JP Morgan Bitcoin
3 years ago 1 min read

JPMorgan To Give Retail Wealth Clients Access To Crypto Funds

JPMorgan would reportedly provide retail wealth customers access to crypto funds. JPMorgan Chase & Co. is an American multinational finance bank and business services holding company. The Major U.S. investment bank JPMorgan Chase is reportedly enabling partners to do crypto trades for more of its clients. According to Business Insider, retail wealth customers at JPMorgan now get access to crypto funds. The report says that all JPMorgan clients soliciting investment advice would have the opportunity to invest in crypto. This includes those run by financial advisers, retail investors using its trading app, and clients serviced by the private bank. In