While the PlanB projection is based on a worst-case scenario, the analyst says on a best-case basis, Bitcoin may climb to a new ATH of $450,000.
With the 2024 halving still about 1198 days, the stakes seem higher, perhaps because of the volatility of the trading market in 2021.
Phemex has recently unveiled Learn and Earn, which happens to be its latest educational program based on simplified concepts on cryptocurrency and blockchain.
The mayor highlighted that how Miami can efficiently generate an adequate clean nuclear supply to power the Bitcoin mining process in the city.
Spain’s BBVA Bitcoin trading and custody service are an actualization of a long-term plan and is opened to clients in Switzerland only.
Hawaii was deemed to be the most crypto-savvy location with its demand rate in cryptos rising as much as 687% since 2020.
Cassill believes that while there may be several pro-drivers with interest in crypto, he is one of a handful that has been around the crypto space long enough and assures that he is comfortable with the running of the marketplace.
Charles Hoskinson said that if Tesla really cares about sustainability, it should consider ADA over BTC.
In a move similar to that being considered by MSCI, the S&P Dow Jones has already launched its index for the duo of Bitcoin and Ethereum.
Pantera Capital CEO said that Bitcoin is selling for 36% below the fair value.
Amid strong regulatory action and the recent rout of Chinese miners, several mining rigs have gone offline thereby pushing the Bitcoin hashrate downwards. Analysts hope that the Bitcoin hashrate will recover once Chinese miners recover operations.
General Motors wants to make the customer experience of automobile buying as hassle-free as possible and for that, the company may start accepting Bitcoin if the customers drive that change.
The World Bank declined to support El Salvador in its bid to adopt Bitcoin as a mainstream currency. Environmental impacts, carbon emissions amid mining, and transparency issues were among the reasons for the refusal.
An approval from the SEC would make the VanEck Bitcoin ETF the first open Bitcoin exchange-traded product in the US but the SEC continues to delay this.
Together Canaan and Genesis Digital Assets will strive to deliver and ascertain ease in crypto agreements and transactions.