February 27, 2022

Ted Cruz Loves Bitcoin Because of Its Decentralized Nature

US Senator Ted Cruz recently made some favorable comments about Bitcoin (BTC) at the Conservative Political Action Conference (CPAC) Thursday. Established in 1974, CPAC “is the largest and most influential gathering of conservatives in the world,” according to a memo on the website. At the event, S...

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February 24, 2022

Bitcoin Could Become Outlawed in Europe Following Anti-PoW Proposal

New reports from Germany-based cryptocurrency media platform BTC-ECHO show that Bitcoin (BTC) could be banned in Europe, as the European Parliament, a legislative arm of the European Union (EU), moved to ban the cryptocurrency and other proof-of-work (PoW) cryptocurrencies. The long-awaited final f...

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February 23, 2022

Bitcoin (BTC/USD) Market Holds a Rebounding Motion

Bitcoin Price Prediction – February 23It observed that the BTC/USD market operation holds a rebounding motion after gaining support a bit lower of $37,500. The crypto-economic price activities have seen $39,241 and $37,540 at a positive percentage of about 2.18. BTC/USD Market Key Levels: Resistanc...

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February 20, 2022

Bitcoin (BTC/USD) Market Breaks Down at $40,000

Bitcoin Price Prediction – February 20It has again recorded on the BTC/USD trade financial book of records that the crypto-economic market breaks down at $40,000 line. The crypto economy features between $39885 and $38,905, and the percentage rate of trading is at 1.95 negatives. BTC/USD MarketKey ...

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February 17, 2022

Bitcoin Law: President Bukele Slams US Lawmakers for Criticism of BTC Legal Tender Status

El Salvador’s Bitcoin (BTC) Law continues to receive fire from global authorities as American legislators take a swipe at it. However, President Nayib Bukele was having none of it and took a jab at the legislators, noting that: “We are not your colony, your back yard, or your front yard. Stay out o...

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February 16, 2022

Bitcoin (BTC/USD) Price Attempts Decline Closely Below $45,000

Bitcoin Price Prediction – February 16There has been another round of rebounding trading processes in the BTC/USD market activities as the crypto-economic price attempts decline closely below $45,000. The situation has prompted a high and low value of $44,555 and $43,878 at a negative percentage of...

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February 15, 2022

Bitcoin Recaptures $44K as Network Hits Lifetime Hashrate High

The processing power supporting the Bitcoin (BTC) has crossed a new lifetime high after achieving 246 exahash per second (EH/s) on February 12. Since the start of 2022, the BTC hashrate has recorded three consecutive all-time highs, with the first coming on new year’s day. By January 15, the ...

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February 13, 2022

Bitcoin (BTC/USD) Price Oscillates at $42,500

Bitcoin Price Prediction – February 13It currently recorded on the BTC/USD market financial book of records that the crypto-economic price oscillates at $42,500 over a couple of sessions. The market has been pushing between the high and low points of $42,547 and $42,107 at a minute positive percent...

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February 13, 2022

Bitcoin SOPR Metric Indicates Increasing Bullish Outlook By Investors

On-chain Bitcoin (BTC) data shows that market sentiment currently resides at significantly bullish levels. The Short-term Output Profit Ratio (SOPR) metric on Glassnode, which reflects the overall behavior of market participants has just turned bullish. That said, analysts have compared the current...

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