July 2022 / 86 posts found
Finnish Customs Finally Sold ₿1,889 Held Since 2016
Cryptocurrency Reading Time: 2 minutes Finnish customs has sold ₿1,889 it has held for over six years The haul came from multiple dar wek drug busts The proceeds of €46.5 million will be donated to Ukraine Finnish customs have finally sold a huge bitcoin haul it has held since 2016, saying that the proceeds of €46.5 million ($47.35 million) will be donated to Ukraine in its battle against Russia. The customs service had intended to sell the bitcoin haul at the peak of the bull run in 2021 but never got clearance to do so, meaning it missed out on […]
AAX Forrester Report: The Use of Bitcoin in Emerging Markets
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Betting Big on Bitcoin Was a Short-Term Mistake, Admits Scaramucci
Bitcoin Famous American financier Anthony Scaramucci has admitted that having massive exposure to Bitcoin was a mistake in the short run, as he and his investment company suffered significant losses amid the bear market. Bitcoin Bullish on Bitcoin in the Long-term In his latest CNBC interview, Scaramucci noted that while his Bitcoin exposure via his investment firm, SkyBridge Capital, has incurred significant losses amid the market downturn, he does not regret investing in the cryptocurrency. He stated that he firmly believes in Bitcoin’s long-term potential and intends to hold on to the digital asset for as long as possible. Scaramucci […]
Cryptocurrency Bear Market Opportunities: Cardano (ADA), Solana (SOL), and Degrain (DGRN)
The overlapping factors responsible for creating a bear market can rarely be predicted. A case study would be Bitcoin (BTC) which obtained an all-time high of $69,000 and then slumped recently to an $18,000 low. Declines like that, in any cryptocurrency, can prove damaging to investments if resources are not channeled to alternative profitable cryptocurrencies and opportunities. Here, we have explored three potentially profitable investment opportunities to enable you to stay afloat in the cryptocurrency bear market. Cardano (ADA) – one to watch Among cryptocurrencies that share a record of dropping in value recently, Cardano (ADA) stands out with a […]
This Is The Possible Area For Bitcoin’s Long, Per Van De Poppe
Cryptocurrency Though the overall cryptocurrency market has entered the recovery phase, the global market capitalization has plunged by 1.73% in the last 24hrs. The leading cryptocurrency, Bitcoin, is striving to get back to its $23,000 price levels. This bear pull movement has made the traders and investors anxious about the future price action of Bitcoin. A well-known crypto analyst and trader, Michael van de Poppe in his recent analysis, points towards Bitcoin’s possible area for longs which might be approaching soon. As per the analyst, the price level to watchout for Bitcoin traders for making long is positioned at around […]
4 Factors Which Can Influence The Price Of Bitcoin
Since its launch in 2009, Bitcoin has gone from a few cents in value to tens of thousands of dollars in value. As such, it has turned a tidy profit for early adopters of the cryptocurrency, with many Bitcoin millionaires enjoying their return on investment today. Nonetheless, those who keep a keen eye on the latest crypto news will no doubt be aware that Bitcoin has fallen in price over the last few months. Why, then, is Bitcoin’s value subject to such wild fluctuations? Understanding the factors which affect the cryptocurrency’s price is an essential means of analyzing the market […]