Since the flash crash which took place on February 24th, Bitcoin had a pretty choppy performance and had consolidated in a range for almost two weeks. However, since mid-March, the buyers had been slowly building up steam, communicating that more gains are poised to show up in the near
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Following the Berkshire Hathaway annual shareholder meeting, Warren Buffett, the famous US investor and philanthropist, gave an interview to CNBC’s Becky Quick from Squawk Box. Among other subjects, cryptocurrencies had also been discussed, and the “Oracle of Omaha” continued with the same pessimistic view on Bitcoin. This is not
Although not experts from the crypto industry, famous people across the globe had been showing their opinion about Bitcoin or cryptocurrencies. Businessmen and even John Oliver talked about the most famous digital currency, showing that it is actually a very hot topic. Elon Musk and Bitcoin? It had also
Japan continues to show its inclusive approach to cryptocurrencies after yet another big company is going to integrate crypto payments. Widely known as Japan’s Amazon, Rakuten, which is also a famous Asian technology giant. Founded in 1997, Rakuten is a Japanese e-commerce and internet company based in Tokyo. With
Last week we saw the Bitcoin price jumping 10% in less than a day and following that price movement people had been to question whether a bottom in Bitcoin had already formed. Given the current circumstances, an answer to that question is hard to give, but today we will try
The Bitcoin ETF saga continues and although the market eagerly waits for the first Bitcoin ETF launched in the United States, the SEC had been very reluctant on the matter. Back in December, we’ve talked about the VanEck SolidX Bitcoin ETF proposal, when the SEC delayed a final call
Despite its drop in value, Bitcoin continues to spark interest among the largest financial giants. Back in mid-October 2018, we’ve talked about Fidelity’s intentions to get involved in the industry and yesterday, a Bloomberg article, citing anonymous sources familiar with the matter, mentioned that Fidelity could begin offering Bitcoin
Although the Bitcoin price continues to weaken, currently at $3,530 on the Bitstamp exchange, there is one positive aspect related to the most famous cryptocurrency which needs to be put in the spotlight. The Asian session today, January 21st, saw the Bitcoin price dropping after news from the Organization
Giga Watt, a well-known US Bitcoin mining company, announced its clients on January 16th that its activity had come to an end. The firm was is a bad situation already, after filing for bankruptcy two months ago. The huge drop in value, faced by most of the cryptocurrencies, is
The enthusiasm around cryptocurrencies seems to be over now that the Bitcoin price started to weaken impulsively again on January 10th. After consolidating for the first three days of the week, yesterday the price dropped from $4,000 to below $3,700 on the Bitstamp exchange. There was no actual important
