The cryptocurrency market has been experiencing a lot of volatility in the past few weeks, with Bitcoin dropping below $30,000 several times. However, the leading digital asset has managed to hold above a crucial support level of $27,000, thanks to the buying…
Bitcoin has gone through four major cycles since its inception in 2009. Each cycle consists of a bull market, where the price rises exponentially, followed by a bear market, where the price corrects significantly. The duration and magnitude of each cycle vary,…
As crypto markets remain relatively stagnant, attention is turning to the impact of a significant Bitcoin (BTC) options expiry event set to occur on October 6.
Approximately 14,000 Bitcoin options contracts, with a total notional value of around $400 million, are set to expire…
Amidst an evolving geopolitical landscape, Iran is poised to capitalize on its anticipated membership in the BRICS assembly of emergent economies. The nation has expressed interest in embracing “BRICS PAY”, the group’s electronic banking communication infrastructure, as an alternative to the Society for Worldwide…
Chainalysis, the blockchain data analytics platform, has released the results of the fourth chapter of the Geography of Crypto Report, dedicated to the Middle East and North Africa (MENA) region.
The report provides a comprehensive overview of the current state of crypto markets…
Bitcoin is a digital currency that was created in 2009. It is based on blockchain technology, which is a distributed ledger that records transactions in a secure and transparent way. In recent years, there has been growing interest in the use of Bitcoin for…
ETH Stalls Around Key Price Floor, as BTC Bulls Remain Sidelined.
Ethereum continued to trade around a key price floor of $1,630 on Thursday, as price uncertainty in the market remained high. Volatility has slowed in recent days, leading to crypto prices…
JPMorgan, one of the largest investment banks in the world, has revised its estimate of the cost of mining one bitcoin, following the recent update of the Cambridge Bitcoin Electricity Consumption Index (CBECI). According to a report by Bloomberg, JPMorgan now estimates…
About 200m people globally who trade bitcoin, just six are billionaires, Henley & Partners found.
Meanwhile, 22 people worldwide have reached billionaire status by trading cryptocurrencies.
Bitcoin rallied in the first half of the year but has since dipped.
Hundreds of millions…
In a commendable move to advance financial literacy and inclusion, Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, per a press release sent to Bitcoin Magazine.
This Kenya-based non-profit initiative is steadfastly working towards empowering African women through extensive…