Bitcoin

Alleged South African Bitcoin Fraudster Makes First Court Appearance Since Arrest

October 26th, 2021

Sandile Shezi, the South African bitcoin trader accused of defrauding investors, recently made his first court appearance before a Johannesburg magistrate. Shezi out on Bail The bitcoin trader’s court appearance came just days after he honored his pledge to surrender himself to the police. However, according to a report by the Sowetan, Shezi — who…

Bitfarms Mega-Mining Facility Raises Concerns Among Legislators in Argentina

October 25th, 2021

The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives from the Ministries of Science, Technology and Innovation, Environment and Sustainable Development, and of the…

Bitcoin Registers Highest Daily Close As ProShares Bitcoin ETF Sees Record Interest

October 20th, 2021

The world’s largest cryptocurrency Bitcoin (BTC) gave a record closing on Tuesday, October 19, after the ProShares Bitcoin ETF went live for trading on NYSE. As per the chart shared by crypto analyst Lark Davis, Bitcoin closed at around $64,200 on Tuesday. #bitcoin highest daily candle close in history!!! pic.twitter.com/8aRSBLT1uY — Lark Davis (@TheCryptoLark) October…

Bitcoin Price Prediction: BTC Return To $62,000 Extends Winning Streak Aiming For $68,000

October 18th, 2021

Bitcoin settled above $62,000 following an impressive run last week. The move allowed more bulls to join the market amid rising speculation that the flagship cryptocurrency is only beginning this bull cycle. The weekend saw Bitcoin stretch the bullish leg higher above $62,000, where it almost brushed shoulders with $63,000. BTC had not traded at…

Valkyrie Makes Key Changes to its Bitcoin ETF Proposal, Here’s Why Its a Sign of Approval

October 14th, 2021

The hype around the approval of the first-ever Bitcoin ETF in the US is gaining steam as a total of four Bitcoin Futures ETF proposals are due for a final decision by the end of October. Many ETF proponents have been speculating that October could become a crucial and historic month for the crypto world…

Bitcoin To $60K? Whales Accumulation Continues Amid New 5-Month High

October 11th, 2021

Bitcoin breached the $56K price barrier for the first time in five months and currently trading at $56,500. The top cryptocurrency began October on a bullish note with its price recovering the majority of losses from September in the first week, and now looks set to breach $60K next. $BTC has been quite consistent in…

These Charts Show The Next Bitcoin Bull Run Isn’t Stopping At $100K, But Far Beyond

October 6th, 2021

It’s a very good start to the fourth quarter of 2021 as the Bitcoin price has already gained 18% so far this month. As of press time, Bitcoin is trading 4.37% up at a price of $51,303 and a market cap of $966 billion. Analysts are bullish over the BTC price performance in Q4 2021…

Edward Snowden critiques China’s vain efforts to ban Bitcoin

October 4th, 2021

The CIA whistle-blower, and journalist, Edward Snowden, has also been an active member of the crypto community since governments began crackdowns, globally. Earlier today, Snowden tweeted in a thread to his year-old tweet about Bitcoin’s crash in lieu of governments’ crypto crackdown. Sometimes I think back to this and wonder how many people bought #Bitcoin…

Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June

September 27th, 2021

A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a device called the “goxx box,” to give signals and make purchases in front of the live streaming audience that follows him. Mr. Goxx has achieved an impressive current score of +24% and even…

Here’s Why September Bitcoin Crash May be Followed By A Bull Run this Q4

September 22nd, 2021

After a solid bull run during the last month of August, the crypto market entered a strong correction in September. From the September high of $52,701, Bitcoin (BTC) has crashed more than 20% moving under $42,000 as of date. Historically, September has been the month of strong volatility over the last decade, wherein Bitcoin and…