Despite the fact that some companies and countries are beginning to adopt cryptocurrency and seeing the potentials it has, most advanced countries are still skeptical about the use of Cryptocurrency. Recently, an online survey carried out by banking giant ING discovered that Austrians are very skeptical of Bitcoin (BTC) and cryptocurrency. From the poll conducted, results showed that, Bitcoin-positivity is […]
What is Blockchain? In simple words, Blockchain can be defined as a chain of the block that contains information. The technique is intended to timestamp digital documents so that it’s not possible to backdate them or temper them. The blockchain is used for the secure transfer of items like money, property, contracts, etc. without requiring a third-party intermediary like bank […]
If you hodl Bitcoin, you would have much easily and by record, made better profits that OTC Traders who buy and sell it regularly according to data provided by Rhythm Trader. The prominent cryptocurrency analyst found that bitcoin has been profitable for 3,817 days out of 3,869 days of its existence. That makes 98.66 percent of its history. He added […]
The serial VC investor, Tim Draper who is known for predicting Bitcoin prices, has just disclosed that Bitcoin would hit $250,000 but it’s status as a safe haven asset could see investors waiting a little longer than planned. He says: “People have consolidated towards Bitcoin”. During the interview with Yahoo Finance which held on Aug 9, Draper stated that Bitcoin […]
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There appears to be a recent growth in Bitcoin and the CEO of Crypto payments firm Circle, Jeremy Allaire, suggests that macroeconomic turmoil is responsible for this growth. On Aug 5, during an interview with CNBC, Allaire stated that in times of geopolitical and macroeconomic turmoil, bitcoin has become a haven to store wealth and there is a correlation between […]
Despite the rise and fall of Bitcoin, it has been said to be the best paying off cryptocurrency. Its reward after a long term hodl outweigh the risks of investing. The former head of equities derivatives at Goldman Sachs UK office and founder of Global macro Investors and Real Vision Group, Raoul Pal, is in support of placing a long […]
BrewingAccording to a crypto research firm Delphi Digital, the mounting economic uncertainty around the world is creating a perfect storm for Bitcoin. From a summary of a new quarterly macro outlook, Delphi Digital says there is an interesting discovery that the observed trouble in traditional markets is boosting the price of Bitcoin in 2019. It is far more obvious that […]