Elon Musk: Bitcoin HODLers ‘Deserve A Nobel Prize’

Tesla founder Elon Musk became the center of attention for the Bitcoin community again February 21 after revealing he still only owned 0.25 BTC. Musk: I Still Have 0.25 BTC, No Altcoins Following coverage of his describing Bitcoin as “brilliant” in a podcast by disruptive investment firm ARK Invest earlier this week, Musk tweeted that despite his enthusiasm, he had marginal…

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Korean Cryptocurrency Market Hinges on US Bitcoin ETF Decision

According to the Korea Herald, the U.S. Bitcoin ETF decision will shape the mood of the cryptocurrency market in the country. The All-Important Bitcoin ETF Decision It isn’t only the likes of SolidX, VanEck, and the flurry of other Bitcoin ETF proposals that are waiting in anticipation for April 5, the date scheduled for the SEC to reach a decision on…

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Miners Disagree With JPMorgan Over Bitcoin’s $2400 ‘Fair Value’

JPMorgan has caused a stir amongst cryptocurrency miners, after last month’s report estimating Bitcoin’s ‘fair value’ at $2400. This assessment derives from the marginal cost of producing Bitcoin, but some disagree with Chinese miners’ production cost estimations. The Price Of Dystopia In the report, JPMorgan analysts claimed that the “average cash cost of a low-cost Chinese miner was around US$2,400 per bitcoin”…

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You Can Now Tip Twitter CEO Jack Dorsey Using Bitcoin’s Lightning Network

Twitter CEO Jack Dorsey has installed and publicly praised a consumer-grade tool for receiving tips via Bitcoin and the Lightning Network (LN). Dorsey Embraces Bitcoin In tweets February 20, Dorsey, who has come out highly bullish on both Bitcoin and more recently LN, continued his advocacy of the technology by championing Tippin.me. Tippin subsequently reached the top 225,000 most visited sites…

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5 Biggest Crypto Exchanges Combined Comprise Less Than 1% of JPMorgan

New research from Hacken System’s Crypto Exchange Ranks (CER) shows that traditional banks like JPMorgan and Bank of America dwarf the nascent cryptocurrency exchange industry. Uptown Top Ranking Cryptocurrency exchanges are like the banks of the industry, acting as intermediaries between traders, investors, projects and other stakeholders. But the metric used to compare exchanges (daily trade volumes) is open to abuse…

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Google Registers Bitcoin.dev as New Domain TLD Goes Public

Bitcoin.dev is no longer available on the Google .dev domain registry. This news comes amid the public rollout of the .dev top-level domain (TLD). $12,500 for Bitcoin.dev If you were eyeing ownership of bitcoin.dev while waiting for Google to release the new TLD officially, that chance is long gone. A redditor with the name “salsa-system” posted a couple of hours ago…

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Bitcoin Price Analysis: Market Conditions Suggest a Bigger Move is Brewing

Bitcoin price has had a blistering start to the week up 10.6%, hitting highs on Tuesday of $4,000, stirring some distant memories of the 2017 bull runs. We take a pause mid-week to consider what might be next now we have already hit the target discussed on Monday. 1-Day Chart Bitcoin price is up 1.5% ahead of the US session kicking off. With previous…

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Bitcoin Price Touches $4K On Biggest Daily Volume Since May

The Bitcoin price succeeded in holding above $3900 February 20 after a sudden bull run brought the largest trading volumes since May 2018. Bitcoin Volume Sets 9-Month Record Data from Coinmarketcap confirmed the return to form for both price and volume over the past 72 hours, Bitcoin rising around 10 percent February 18 and touching the $4000 mark on Bitstamp yesterday.  BTC/USD…

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Elon Musk: ‘Bitcoin’s Structure is Brilliant’ But Not For Tesla

Sorry — Elon Musk may like Bitcoin, but Tesla isn’t getting involved with cryptocurrencies anytime soon. Nevertheless, the CEO of SpaceX believes BTC has its pros (and cons). On a podcast with ARK Invest, Musk explained that Bitcoin and Tesla simply don’t mix. “Bitcoin’s structure is brilliant but I don’t think it would be a good use of Tesla’s resources to get involved…

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Is Now The Time to Buy Bitcoin? The 2019 Edition

TL:DR Many investors are still hesitant about Bitcoin ending the bearish period, despite Bitcoin’s recent consolidation price action and market fundamentals looking strong How will you know if it’s the time to buy Bitcoin? In this article we’ll present signs that may indicate on an end to the current bear market. Timing the market is […]
The post Is Now The Time…

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