Alchemint Standards to Brazilian Real Price (SDS/BRL) – Current Live Value

Glassnode published a chart showing the Bitcoin 60-day Spent Output Profit Ratio (SOPR). The chart shows that despite the Bitcoin dip in February, the SOPR did not fall below 1. This indicates that those who bought Bitcoin in 2021 held onto it despite the correction. SOPR and its Importance Glassnode calculates the SOPR by dividing … Continued

The Grayscale Bitcoin Trust (GBTC) has been having its adversest month in its seven-year history. GBTC has dropped to nearly a 12% discount, its highest ever. However, according to one analyst, this could signal Bitcoin’s spike to $100,000 if history repeats itself. GBTC has been the outright leader in institutional Bitcoin acquisition. It allows these […]

Bitcoin could top $100,000 as institutions and corporations prefer its digital finite supply better than gold, according to a new report by Bloomberg.

A recent JP Morgan poll found that 22% of the respondents said their respective organizations were likely to trade or to invest in cryptocurrencies. This figure (22%) is double the percentage of respondents (11%) who said yes when asked if their respective organizations were already trading or were invested in cryptocurrencies. The Institutional Embrace of […]

The iMe Messenger and Crypto Wallet, developed by iMe Lab, is a five-star multi-functional client powered by Telegram API. Telegram is a privacy-focused messenger and one of the world’s largest applications. Leveraging Telegram APIs This means the platform incorporates some of the critical features of Telegram and aspects of decentralized finance (DeFi), essentially becoming aRead More

Signs of recovery within the cryptocurrency market as BTC added more than $3,000 in a day, while ETH jumped by 8% to $1,600.

A U.S. District Court has indicted three individuals behind the now-defunct Geek Group for their role in running an illegal money transmission business that used bitcoin to move funds across states. According to the indictment documents, it was Christopher Allan Boden then president of the Geek Group, who “sold bitcoin to numerous customers, in exchange […]

Bitcoin’s correlation with the S&P 500 has risen in the recent past. However, the said hike in correlation may not be ideal given that gold, stocks, and equities are selling off further as 10-year U.S rates stay firm above 1.5%. In fact, some argue that the correlation has led to Bitcoin’s rangebound price action over […]

A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm in 2020 According to […]

Tech entrepreneur and former anti-virus tycoon John McAfee has been indicted by the U.S. Department of Justice (DoJ) on money laundering and fraud charges. The United States Attorney for the Southern District of New York and the FBI unsealed the indictment charging McAfee and his associate Jimmy Watson with securities fraud. John McAfee Indicted by […]

Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.” Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets. Royal Macro Beating Can’t Take Down Bullish Bitcoin And Ethereum […]

While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation per coin. “When you measure it in terms of […]

The Blockchain Association is putting preparation in top gear to meet with financial regulators in the President Joe Biden administration, including Treasury Secretary Janet Yellen, to make them understand the importance of bitcoin (BTC) and other cryptocurrencies and the need for amenable regulations, according to a FOXBusiness report on March 5, 2021. Blockchain Association MeetRead More

Bloomberg’s Mike McGlone says bitcoin could rally to $100k in response to a negative premium for Grayscale’s flagship product GBTC.

CryptoWendyO and Cheds weigh in on where Bitcoin's price could head next.

Who says that bitcoin and the stock market aren’t correlated? Following bitcoin’s meteoric rise beyond the $50,000 line a few days ago, it looks like several crypto-based stocks are potentially following in the asset’s footsteps and are now trading at new highs for the year. Crypto Stocks Have Been Firing on All Cylinders Bitcoin has...

Bitcoin’s next peak may fall between $75,000 and $306,000 if the market imitates the same pattern recorded in 2011. This is according to Kraken’s new research which bullishly suggests that the Bitcoin bull run is still ongoing, although there’s an equal chance that Bitcoin could continue blinking red. Bitcoin could skyrocket to $75,000 According to […]

Crypto mining firms based in Inner Mongolia have decided to shut shop amid strict regulations. A draft proposal that seeks to “shut down” all crypto mining initiatives expects mining firms to cease operations by April. Thus, companies that were once drawn to Inner Mongolia due to low electricity prices and its cold climate have now decided […]