Bitcoin

Dirk Klee – former wealth manager at Barclays Wealth – has left the company to assume leadership at Bitcoin Suisse. His new position takes effect on April 1st, 2022, succeeding Dr Arthur Vayloyan, a board member. Financial Services and Crypto Bitcoin Suisse revealed the new appointment in a statement on Friday. Klee was CEO of Wealth Management and Investments for three and a half years and had two decades of experience in similar roles. These include positions as COO of…

As Kazakhstan is in turmoil, crypto mining has come to a standstill. Yet, Kazakhstan's crypto miners are not planning to leave the country just yet. BIT Mining, a large mining company in Kazakhstan, is still evaluating the situation in the country. However, they don't believe they will have to evacuate just yet. It is unlikely that our mining machines will be evacuated to North America Mining came to a standstill in the country after authorities shut down the internet amid…

With Bitcoin now under $45k support that it held for weeks, market sentiment is in the gutter. However, Mike Novogratz thinks the price will bottom out soon within the $38k to $40k range. He believes institutions are likely interested in buying the dip within that range. Institutions and Inflation Novogratz expressed his current view of the market in conversation with CNBC’s Squawk Box on Thursday. He said that he knows “big institutions” that are preparing to put positions on Bitcoin,…

Bitcoin crashed, together with other cryptos, on news that rate hikes may come sooner than expected. The crypto fear and greed index tipped to extreme fear as the oldest crypto dropped below $43,000. Other cryptos followed, with Ethereum dropping 12%, to $3,300. Most other major cryptos also posted losses in the double digits. Binance coin dropped to $460, down 10%. Solana dipped almost 13%, below $150, while Cardano dropped to $1.21, almost 10%. In total, the crash wiped out $200 billion in…

Bitcoin may not have met 2021 price expectations, but it was still an incredible year by non-crypto standards. According to data from Goldman Sachs, the primary cryptocurrency outperformed all capital markets throughout last year. Moreover, its growth appears to have come at the expense of gold, which Bitcoin is often compared to as its competitor. Bitcoin VS The Old Guard As the investment bank’s equity basket return scorecard presents, Bitcoin saw 60% returns from January 1st to December 31st 2021.…

It mined Bitcoin’s genesis block 13 years ago as of today. Twitter has been active with a celebration over the special day, including some minor comments about Jack Dorsey and Elon Musk. Happy Birthday, Bitcoin! Bitcoin’s software was released for public participation on January 9th 2009. However, January 3rd 2009, appears to be when pseudonymous developer Satoshi Nakamoto mined Bitcoin’s genesis block. However, this block may have been back-dated. The block was unique for several reasons. Firstly, unlike all other…

Max Keiser – host of The Keiser Report and Orange Pill Podcast – has revised his Bitcoin price target. Though his 2021 prediction failed, he has pushed forward the exact $220k estimate to the end of 2022. He uses Bitcoin’s record hash rate to justify his claim, arguing that it positively affects the asset’s price.  $4 Trillion Dollar Asset? Keiser offered his revised prediction in conversation with Express on Sunday. He said that he was “pushing” his $220,000 price target…

Founder of one of the largest crypto lending sites thinks Bitcoin could reach $100,000 in 2022. That's because the Fed' won's stop printing money - making other countries turn to BTC. Antoni Trenchev, the co-founder of Nexo, one of the largest lending sites for crypto globally, shared his predictions for crypto. In the short interview, the Bulgarian businessman spoke about why he is bullish on Bitcoin. He also revealed why he thinks the "digital gold" could reach $100,000 in the middle of…

While Bitcoin’s price remains range-bound to where it was back in February, retail interest appears to be drying up. Google search trends show interest in the cryptocurrency at annual lows as the year comes to a close. On the other hand, the word ‘NFT’ has seen a fairly steady increase in popularity since January, touching all-time highs this month. Pivoting Retail Interests According to Google Trends data, interest in Bitcoin was relatively high earlier in the year, shortly after it…