Category: Bitcoin

At a price below $30k, Bitcoin lost 53% of its ATH. Has the bears arrived?

The crypto market has been experiencing a significant sell off recently with some investors believing the market has turned significantly bearish. The leading cryptocurrency by market capitalization, Bitcoin few weeks ago reached its all-time high of $64,863 before it started a downward movement to where it is currently below the significant support point, the $30k…

Bitcoin

BTC Is Highly Speculative; Needs Regulation

Complaints are arising and getting tougher by the day as concerns the need for the regulation of this ‘almighty currency’, Bitcoin. A lot of people ( traders and analysts) especially, clamour for a basis of regulation stating that the problem of price fluctuations or volatility suffered is highly anchored on the fact that regulations are…

Bitcoin

What Could Be The Next Big Thing As Bitcoin Scales $20,000?

Closely, we have watched the gradual scale of BTC over these past few months. With experts and financial advisers all giving their take and expectations concerning this digital currency, it seems it is sticking to the one principle of the holy book that states; “what I hear you say, that I will do,” as most…

Bitcoin

Bitcoin Price Surge, Any Trace Of Decline In The Near Future?

Following the pace at which Bitcoin market value keeps rising, it is evident that persons, corporate bodies or organizations venturing into it now are set to reap bountifully in subsequent time. Due to the economic hassles here and there, a lot of people, especially young people, have seen the importance of investments and how it…

Bitcoin

The Similarities And Differences Between Bitcoin And Ethereum

In the world of cryptocurrencies, Bitcoin and Ethereum have been involved in a protracted debate. Despite the similarities in these digital currencies, there are fundamental differences in their purposes. Ethereum was primarily proposed to take blockchain beyond digital money. Ethereum was intended to develop a fail-safe, decentralized finance system that would be free from manipulation….

Bitcoin

The Role Of Bitcoin In The Emerging Global Economic Structure

Bitcoin is compared to gold because of the various characteristics that they both share, especially when it comes to storing value. For many years now, traditional investors and the global money system have had so much respect for gold. Until the current fiat money that is backed by ‘nothing’, the international monetary system rested on…

Bitcoin

What Will Happen To Bitcoin Price at $10,500?

After breaking through the $10,000 psychological level, Bitcoin is faced with a critical resistance that could decide its medium term future. Until recently, the last time that BItcoin traded above the $10,000 price mark was in February 2020. Since then, Bitcoin has traded even to sub $5,500 levels, and despite expectation from bulls, it has…

Bitcoin

3 Reasons Why Traders Are Expecting Bitcoin Price To Go Up

In the past couple of weeks Bitcoin price has struggled to achieve its pre-halving high of over $10,000 USD. Price behaviour for the pioneer cryptocurrency suggests a struggle to break out of the current channel within which it appears to be oscillating. For Bitcoin fans, there are signs that this breakout will lead to a…

Bitcoin

How Miners Are Dictating The Pace For Bitcoin Price and Cryptocurrencies

There were expectations among the cryptocurrency community ahead of the recent Bitcoin halving event. A lot of participants who looked out for an upside breakout in the price of Bitcoin were disappointed. Perhaps, this singular scenario provides for the difference between the experts and mere speculators in the industry. There are also those who think…

Bitcoin

Yuppex: A Platform to Learn From the Best

There is no doubt that the Bitcoin halving event has generated an inordinate amount of interest in the cryptocurrency. Speculators, normal investors as well as ordinary people are making inquiries about or looking to buy Bitcoin. It seems no one wants to miss out on a chance to double the value of their investment portfolios…

Bitcoin