Hot Topics

Advertisement

Advertisement

Germany Starting To Adopt Bitcoin

Two states in Germany, Saxony and Hesse recently conducted a survey to over a thousand people to find out their opinion on Bitcoin. The findings in the survey might not surprise anyone as younger people were quite open to the idea of cryptocurrency and Bitcoin. Around 28% of people aged from 18-29 said that purchasing them is a conceivable idea. The risks are still there Despite the survey not targeting a specific group of people such as people who are into technology which would have left the results to bias towards to crypto. Respondents overall rightly found crypto investing to...

Read More

Bitcoin (BTC) Likely To Retrace Short Term, Big Picture Remains Intact

Bitcoin (BTC) is expected to retrace after a prolonged rally since the beginning of this month. The 4H chart for BTC/USD shows that the price has entered a rising wedge. We can see that the price has already faced rejection three times at the top of the wedge and is now preparing for a fall. RSI has also entered overbought levels short term and is thus expected to correct in the near future. This should not come as alarming news for investors expecting a reversal. The big picture is still very much intact and Bitcoin (BTC) is starting to begin...

Read More

Why We Might Be Waiting A While For The Bitcoin ETF

A tweet by a renowned American lawyer, Jake Chervinsky, the United States Securities and Exchange Commision decision on the rejected nine Bitcoin ETFs would not be made until December. Notably, the crypto trader, Ran NeuNer make false accusations on the 2nd November this year that the SEC would likely take a call on the Bitcoin ETFs by the 5th November. You can see the tweets below here: This is wrong. The November 5 deadline is for the *public* to submit statements to the SEC, *not* for the SEC to conclude its review of the rejected bitcoin ETFs. The SEC needs...

Read More

Investors Excited As Crypto Market Booms To $13 Billion

Over the course of the weekend, the volume of some of the major cryptocurrencies and the rest of the market has been significantly increasing. To put a number to it, $10 billion to $13 billion. The leading cryptocurrency, Bitcoin has seen a good increase in volume too with $3.1 billion to $4.3 billion within one week by more than 40%. Being led by the positive movement in price from Bitcoin and it’s notable increase in volume, the value of other major digital currencies like Cardano, TRON and Stellar have increased by up to 5%. Even Ripple has jumped by almost...

Read More

What Could Trigger The Next Bitcoin Boom?

In recent weeks, the crypto markets have been tame, to say the least. Aside from XRP experiencing a 17% increase over the past few days, the total market cap has been stable and has moved within the $200 to $220 billion regions since the end of September this year. Not everyone is happy with this though. Those who invested in cryptocurrencies before the crash back in January are going to be praying on their knees for the highly anticipated rally as it is the only way they are going to be able to recoup their investments and maybe even make...

Read More