Ethereum Could Go To $10k In 2021 And Outperform Bitcoin, Says Veteran Trader

The crypto world has left everyone amazed at understanding the volatility of it. We have seen a huge steep in the prices beginning from this year, i.e. January 2021. As per benzinga.com bitcoin’s market capital remain number 1 till April 2021. But, at the very beginning of May this year, Ethereum crossed the market capital …

Bank Of America Analysts Slam Bitcoin: Buying 1 Btc Is ‘like Owning 60 Cars’

The year 2017 is considered to be the bitcoin condemnation period. Many analysts from Bank of America criticized BTC. It slammed bitcoin to be highly volatile and impractical. It is also known to be the asset that is disastrous. It is never considered as a wealth that can be stored or have an inflation hedge. …

Bitcoin Relief Rally Is Underway — Can Btc Price Reclaim $18k?

In the past week, a major drop came at the Bitcoin price wherein it fell to $16,000 from $19,500. No smooth corrections might occur since dropdowns are not certain and often occur suddenly. Not much difference is present in the past correction as dropdown came within a few hours. After that, a consolidation of about …

Elon Musk Curious If Converting Tesla’s Balance Sheet To Bitcoin Is ‘Even Possible’

Elon Musk is a South African-born American businessman who is the co-founder of the PayPal digital payment company and developed SpaceX, a release vehicle and spacecraft manufacturer. He had been one of the first largest shareholders in the electric vehicle maker Tesla, and also is the CEO. In the year 2004, Elon Musk became one …

5 Signs That The Real Bitcoin Rally May Only Be Just Beginning

The BTC price has fallen substantially after the high price valued at $14,149 noticed ago. Irrespective of the falling price, five signs that portray a real bitcoin rally may begin soon.  With the active Holding activities, the low interest of retail, high framework time for a breakout, and other indicators exist to suggest a more …

Crypto Trading Bots Has Come Up With ‘split-second Mathematical Accuracy’

A cryptocurrency firm has to say that its trading bots are designed in such a way that they can take calculated risks based on “split-second mathematical precision”. Let’s see what’s more about this update. Here’s What Has Happened A cryptocurrency firm based in Belgium says that its automated bots help traders to reduce the burden …

Bank Of England Talks Negative Interest Rates In Best ‘ad’ For Bitcoin

Have you heard about the new advertising for Bitcoin? It has been floating as one of the significant bank assets that encourage people to save their money more. As per Bloomberg’s reports, the Bank of England has apparently become the latest central bank to discuss the negative rate. Let’s know a bit more details about …

Covid-19 Vaccines Will Spark Bitcoin Crash

The crash of the Bitcoin (BTC) is impending when the world finds the answer to the pandemic, COVID-19. In other words, when a vaccine for the cure is found that works, the cryptocurrency would fall, as claimed by Robert Kiyosaki. In a tweet, on September 15, 2020, Robert Kiyosaki, the famous author of the book …

The Iranian Government Took Down Over A Thousand Crypto Mining Farms

A known power company of Iran Tavanir shut down nearly 1100 farms engaged crypto mining recently as they were operating without a valid license. They took the help of whistleblowers to identify such miners and the individuals who provided such critical information received 100 million rials for their cooperation, according to media sources. Hence for …

Altcoins Account for One-Third of Total Crypto Mining Power Usage

Recently market research was conducted that proved Bitcoin mining only accounted for one-third of the total power consumption. The analysis of the 20 largest crypto assets was done to come to a conclusion. The regulators have been evaluating the impact of crypto mining on the environment recently. The researchers working at Munich’s Technical University have …