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US Dollar as the World’s Reserve Currency Unlikely to be Diminished, Bitcoin Likely to Suffer

US Dollar as the World’s Reserve Currency Unlikely to be Diminished, Bitcoin Likely to Suffer

The US dollar is expected to slide even further, but analysts believe its role as the world’s reserve currency is unlikely to be diminished, which may not be the best outlook for Bitcoin (BTC).BlackRock Investment…

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Russia Sort Of Dropped The Hammer On Bitcoin, Crypto

Russia Sort Of Dropped The Hammer On Bitcoin, Crypto

Russia’s State Duma hates bitcoin, ether, ripple, you name it. If it is not the ruble, or a currency issued by a state, Russia’s government is not into it. The government posted an updated version…

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Bitcoin Drops Below $9,000 After ‘Strong Rejection’ At $10,000

Bitcoin Drops Below $9,000 After ‘Strong Rejection’ At $10,000

Bitcoin fell to less than $8,900 today, declining after the digital currency encountered powerful resistance at the $10,000 level. The cryptocurrency dropped to as little as $8,888.84 this afternoon, CoinDesk data showed. At this point, the digital…

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Bitcoin Struggles To Recoup Gains After Yesterday’s Drop

Bitcoin Struggles To Recoup Gains After Yesterday’s Drop

Bitcoin prices have floundered lately, failing to recover much of their losses after falling sharply on Saturday. The digital currency fluctuated between $8,000 and $9,000 today, after losing more than 16% of its value yesterday, CoinDesk…

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Bitcoin Prices Surge As ‘Perfect Storm’ Drives Gains

Bitcoin Prices Surge As ‘Perfect Storm’ Drives Gains

Bitcoin prices climbed nearly 8% in an hour today, rising in value as they were bolstered by a range of bullish factors. The world’s most prominent digital currency was driven higher by “a perfect storm,” according…

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Is Bitcoin Headed For A Sharp Decline?

Is Bitcoin Headed For A Sharp Decline?

Bitcoin, the world’s most prominent digital currency, may be headed for a substantial correction, according to one technical analyst. The digital currency, which has been trading close to $7,000 lately, nearly doubled in value between…

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How Has Bitcoin Performed During The Crisis?

How Has Bitcoin Performed During The Crisis?

Some argue that Bitcoin is potentially a robust defensive asset, somewhat like gold. This is Bitcoin’s first major U.S. recession, when these sorts of assets can do well. How is it doing? So far its performance…

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Billionaire Makes The Case For A $1 Million Bitcoin Price

Billionaire Makes The Case For A $1 Million Bitcoin Price

Social Capital CEO and former Facebook executive Chamath Palihapitiya was an early Bitcoin investor. He bought a lot of the cryptocurrency back in 2013 when the Bitcoin price was around $80 per coin, and he claims…

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A new crypto debit card makes its debut in Europe

A new crypto debit card makes its debut in Europe

Residents of the European Union (EU) have a new option for spending their cryptocurrency holdings. An online crypto exchange called Jubiter has announced the introduction of a crypto-based debit card that can reportedly be used…

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