Cryptocurrency Insight
Bitcoin, gold and luxury brands have just received a resounding stamp of approval from none other than Robert Kiyosaki, the well-known author of the personal finance book “Rich Dad, Poor Dad”. In a bold move that could revolutionize how people invest their money, the financial Read More
A new price chart comparing Bitcoin (BTCUSD) to the US Consumer Price Index (CPI) may suggest that BTC is a leading indicator for inflation. And if what the chart signals is accurate, inflation could come back significantly. Does Bitcoin Lead Rise and Fall Inflation? In Read More
Bitcoin has once again found its way above $28,000 despite widespread uncertainty in the cryptocurrency market. This recent bullish move follows news that Binance and its CEO Changpeng Zhao were being sued by the Commodities Futures Trading Commission (CFTC), which triggered major withdrawals from exchanges. Read More
Despite the CFTC suing Binance, Bitcoin chain data has so far shown no signs of FUD developing among traders on the cryptocurrency exchange. Binance-Related Bitcoin On-Chain Metrics Are So Far All Normal Yesterday, news broke that the US Commodity Futures Trading Commission (CFTC) has filed Read More
Some people believe that Bitcoin is digital gold, while others think that it is rat poison. But exactly does artificial intelligence think about it? We decided to ask ChatGPT precisely this important question. Read on to discover the top ten reasons ChatGPT gave to buy Read More
Data shows that Bitcoin mining hashrate recently recorded its third biggest 3-month increase in the last five years. Bitcoin mining hashrate has risen sharply recently As an analyst of twitter pointed, only the aftermath of China’s 2021 ban and the 2019 bear market saw faster Read More
Amidst the recent crypto market recovery, MicroStrategy, a business intelligence software company known in the crypto community for accumulating Bitcoin (BTC), has announced its first Bitcoin purchase of the year. Alongside its latest Bitcoin acquisition, the software company also announced in an 8-K form deposit Read More
The United States government has already surpassed MicroStrategy and Tesla as one of the largest holders of Bitcoin, with over 205,000 BTC in its possession, Dune data at the shows on March 27th. This amount is slightly more than 1% of the current circulating supply Read More
The week ahead once again contains important economic data and events for the Bitcoin and cryptocurrency market that traders should be following. Last week, Bitcoin hit a new yearly high of $28,921 before US Federal Reserve (Fed) Chairman Jerome Powell ended the rally with his Read More
Bitcoin’s hashrate has continued its recent climb, reaching new dramatic highs. The top digital asset by market capitalization experienced a big rally, bringing positive sentiment. This led to more miners connecting to the Bitcoin network and a new all-time high of 400 EH/s in the Read More