February 01, 2022

Bitcoin as Legal Tender: US State Senator Pushes Bill

A US Senator has forwarded a piece of legislation in Arizona that aims at making Bitcoin (BTC) a legal tender. Although US federal law prohibits states from creating special currencies, the bill is expected to ignite a fiery discussion. Republican State Senator Wendy Rogers moved a draft bill, SB 1...

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January 30, 2022

Bitcoin to Hit $93K in 2022, $192.8 in 2025, Finders’ Report

Top product comparison platform Finder published an updated Bitcoin (BTC) price prediction curated by Finder’s panel of 33 fintech specialists, on Wednesday. According to the expert panel’s forecast: “Bitcoin (BTC) is expected to peak at US$93,717 this year before dropping to $76,360 by the end of ...

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January 30, 2022

Bitcoin (BTC/USD) Market Holds Below $40,000

Bitcoin Price Prediction – January 30There have been several attempts to see the BTC/USD price pushes northward in a rallying motion as the crypto-economic market holds below $40,000. Presently, price trades at $38060 in the high and low of about $38,382 and $37,850, keeping a minute negative perce...

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January 27, 2022

Bitcoin Holdings: Tesla Digital Holding Remains Stable Q4 FY2021 Report

Giant Electric Vehicle manufacturer Tesla recently published its Q4 and FY2021 financial statements, which highlighted its Bitcoin (BTC) holdings. The company’s unaudited balance sheet showed that its BTC holding was valued at $1.26 billion at the end of December last year, unchanged from Q3 2021. ...

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January 26, 2022

Bitcoin (BTC/USD) Market Heightens Rallying Forces

Bitcoin Price Prediction – January 26Presently, it noticed that the BTC/USD market heightens its rallying forces, having been able to find stances around $35,000 during the recent free fall-offs that have caused some traits of panic. The crypto-economic price now trades within the high of $38,570 a...

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January 25, 2022

Bitcoin Mining Hashrate—the USA Dominates Global Mining Space, Commanding 35.4% of Global Hash Power

Since the last Cambridge Bitcoin Electricity Consumption Index (CBECI) project mining map update in mid-July, the United States has maintained its dominance in terms of global hashrate provision. Meanwhile, data shows that Foundry USA commands the highest pool position with 755 Bitcoin block reward...

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January 23, 2022

Bitcoin Slumps as El Salvador Buys the Dip

Bitcoin (BTC) bulls and President of El Salvador Nayib Bukele took to Twitter on Friday to tell his over 3.4 million followers that his country had purchased 410 additional BTC for $15 million amid the recent market crash. Bukele noted that the country bought BTC at $36,585, adding that “Some guys ...

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January 23, 2022

Bitcoin (BTC/USD) Price Loses Valuation

Bitcoin Price Prediction – January 23There has been a significant reduction in the BTC/USD market activities as the crypto-economic price loses valuation to the downside spot t trade around $35,696 within the higher value line of $35,841 and a lower point of about $34,906 as of writing. The market’...

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January 20, 2022

MicroStrategy Against Selling Any Bitcoin Despite Bearish Persistence

Despite trading down by 35% from its previous record high of $69K, Bitcoin (BTC) bull Michael Saylor, CEO of MicroStrategy, has asserted that his company has no plans of selling any bit of its $5 billion BTC holding anytime soon. MicroStrategy’s stocks have become a safer avenue for many to get Bit...

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