The financial troubles China has been experiencing over the past few years are coming to a head, and with it, the potential for bitcoin as a safe haven during economic distress is being highlighted. Despite bitcoin being illegal in the county, Chinese citizens are buying it up in record amounts as the government is clamping…
If you have a significant amount of purchasing power, and you feel strongly that a commodity is going to have a strong return on long term value, what would you do? For most investors, the answer is to buy more of it – and that’s exactly what cryptocurrency whales (holding more than 1,000 Bitcoin) are…
Is this the year cryptocurrency makes its big comeback? Signs are pointing strongly in that direction as analysts look beyond the frenzy of attention generated by the approval of the Bitcoin spot ETFs and to the momentum established by regulatory gains and institutional adoption last year. Tellingly, public interest in Bitcoin – based on Google…
The announcement on Wednesday that the Securities & Exchange Commission (SEC) approved all 11 Bitcoin ETF applications on its desk served to ignite the crypto market with a flood of excitement and investment. It’s just one of the many factors making 2024 look oh so promising for crypto. But what makes the Bitcoin ETFs such…
While winter is here in the northern hemisphere, the signs are abundant that we’ve reached the end of the crypto winter. Symbolized by cool attitudes from investors toward cryptocurrency, the period extended for 13 months as the industry hit repeated stumbling blocks. With a staggering rush at the end of 2023, however, investors are making…
