blockchain

Mizuho Forecasts $2 Billion In Bitcoin Revenue For PayPal

Paypal introduced cryptocurrency to its platform last year in what turned out to be a major headliner in the world of crypto. Analysts predicted that the decision of the world’s largest payment processor to enable its users to buy and hold cryptocurrencies will provide the turning point required for crypto to go mainstream. By launching […] …

blockchain

Mizuho Forecasts $2 Billion In Bitcoin Revenue For PayPal

Paypal introduced cryptocurrency to its platform last year in what turned out to be a major headliner in the world of crypto. Analysts predicted that the decision of the world’s largest payment processor to enable its users to buy and hold cryptocurrencies will provide the turning point required for crypto to go mainstream. By launching […] …

blockchain

Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More

The crypto world saw many ups and downs throughout the past week as Bitcoin price volatility saw a couple of major dips as well as recovery post the infamous Monday market crash of nearly $10k.  The top cryptocurrency is currently trying to consolidate its position above $37,000. Other major headlines of the day include, Kraken
The post Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More appeared first on Coingape. …

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Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days

While Bitcoin (BTC) has been trading currently in downward pressure of around $36,250, institutions and whales have started accumulating once again. The Bitcoin (BTC) price is down by more than 10% over the last week, and Grayscale Bitcoin Trust (GBTC) has entered a buying spree once again. Over the last three days, Grayscale has accumulated
The post Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days appeared first on Coingape. …

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Bitcoin Correlation With US Dollar Reaches a New Low Owing to Recent Printing Spree

Bitcoin bounced back strongly today after a record price crash of more than $10,000 on Monday. The top cryptocurrency is currently trading above $38,000 and looking to reclaim its position above $41,000. At the start of 2020 bitcoin was struggling to keep its position above $10k and had a strong co-relation with S&P 500 leading
The post Bitcoin Correlation With US Dollar Reaches a New Low Owing to Recent Printing Spree appeared first on Coingape. …

blockchain

Mining Rig Manufacturer MicroBT Prepares for U.S. IPO With Estimated $1 Billion Revenue In 2021

MicroBT, one of China’s biggest mining rig manufacturers of mining equipment is preparing for an Initial Public Offering (IPO) this year in the U.S. Stock market. Founded in 2016, microBT is a relatively new player but the second-largest Bitcoin mining rig manufacturer in China. The company has gained solid market share with its Whatsminer series,
The post Mining Rig Manufacturer MicroBT Prepares for U.S. IPO With Estimated $1 Billion Revenue In 2021 appeared first on Coingape. …

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Bitcoin (BTC) Supply At Exchanges Highest In Nine Months, Moment of Caution?

Bitcoin (BTC) price has jumped more than 30% so far in 2021 and is currently making yet another attempt to breach $41,000 levels. At press time, Bitcoin (BTC) is trading at $40,815 with a market cap of $759 billion. The recent BTC price rally has made investors anxious about what’s to come next as Bitcoin
The post Bitcoin (BTC) Supply At Exchanges Highest In Nine Months, Moment of Caution? appeared first on Coingape. …

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Conversation with Norbert Goffa – Сo-founder of ILCOIN – about the cryptocurrency market, trends and vision

An interview by Alyona KarpinskayaInterviewing: Norbert Goffa Currently, everybody is talking about the skyrocketing price of Bitcoin. Did you expect that Bitcoin would reach its all-time high by the end of 2020? Frankly, I did not. I expected it to strengthen more by the end of the year, but nobody figured that it would happen […] …

5 Possible Reasons For Bitcoin’s Price Surge Over $30,000

Bitcoin marked a new ATH today, but 2020 was overall great for the cryptocurrency despite the COVID-19 crashing the markets. Why is Bitcoin so bullish? …

blockchain

S&P 500 To Hit 4,000 In 12 Months, Veteran Strategist Predicts: Bullish For Bitcoin?

Despite the COVID-19 pandemic, prominent strategist believes the S&P 500 will reach 4,000 in a year. Will this be bullish for Bitcoin?
The post S&P 500 To Hit 4,000 In 12 Months, Veteran Strategist Predicts: Bullish For Bitcoin? appeared first on CryptoPotato. …

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Why Staking Crypto such as TRX, KAVA and more is Gathering Steam

In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious.  The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading.  Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins.  The Bitcoin (BTC) and crypto market crash of mid-March was one event that not too many traders believed would happen. The majority of Bitcoin enthusiasts believed that […] …