BTC

Since the introduction of Bitcoin in 2009, digital currency has seen a tremendous increase in its unit price. Crypto fanatics and investors, at times, try to predict the future unit prices of bitcoin, but it has proven to be an enormous task. In addition, investors want to understand the best time to invest in bitcoins. So, how do you predict the price of something so volatile?  The Stock-to-Flow model is quite effective at predicting bitcoin prices. Keep reading to see…

The fiat monetary system currently in place is a "proven failure." Paper money gets introduced into the system with high value, but as time progresses, the cash is overprinted, and it loses its value. For example, the US dollar, used as the fiat currency's global standard, has seen a 1,934% inflation since the year 1800. The fiat has no intrinsic value, has an unlimited supply, and follows government regulations. Bitcoin technology may be the liberator of international monetary systems. Due…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $270 billion. Bitcoin sways between $9,000 and $9,300 on a neutral trajectory Ethereum drops by more than 2% and fails to overcome the $250 barrier. XRP drops below $0.20, but it bounces back to trade in green on the weekend A historical hacking of Twitter sees some of the world’s most popular accounts “ask”…

On July 15, 2020, a massive hack described as "a coordinated social engineering attack" by Twitter targeted multiple high-profile users, including Tesla's Elon Musk, investor Warren Buffet, Amazon's Jeff Bezos and many others. The attack prompted Twitter CEO Jack Dorsey to say that it was a tough day for the social media platform. https://twitter.com/jack/status/1283594553618911232?s=19 The hack which targeted crypto users suggests that scammers managed to either find a severe security loophole in Twitter's login recovery process or that they somehow…

Since its debut in 2008, Bitcoin has been increasingly grown in popularity and demand across the globe. It provides an excellent investment alternative compared to centralized currencies, which has led to the digital currency gaining many followers. The digital coin is suitable for businesses worldwide without conversion, providing a fast and efficient transaction mode. Furthermore, buying and selling bitcoin is possible, while earning is also an option. The most common way to earn bitcoin is through its mining. Bitcoin ATMs…

2008 saw bitcoin's launch, following a whitepaper on its technology by an anonymous user called Satoshi Nakamoto. Bitcoin became the world's first cryptocurrency, and since then, there has been a rise of more than 10 thousand other alternative coins. Research shows that the user adoption of crypto in the US has risen to 5%, with bitcoin having a good share.  The introduction of Bitcoin technology caused upheaval across global financial systems. Many jurisdictions didn't understand how the new technology worked…

A Bitcoin retirement account could make you look like the coolest grandpa or grandma in town one day. However, there are benefits and downsides to Bitcoin pension plans, and today we break them down to find out how feasible cryptocurrency IRAs are. There are plenty of financial alternatives you can choose as savings account for the autumn of your life. We won't describe all of them, or you risk retiring before reading the entire article. Instead, we will focus on…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $273 billion. Bitcoin continues to wobble between $9,000 and $9,500 with just a small 1% increase. Ethereum increases by more than 5% to reach $240 XRP steals the spotlight with an 11% increase as it climbs over $0.20 Dogecoin increases by 95% after Tik Tok users pump up the joke crypto. Crypto Trends 06th…

The number of cryptocurrency investors has increased hugely in the last decade. Data from Coinmetrics.io shows that there are 12,000 Bitcoin millionaires worldwide at the moment. However, some people die every year with their family not having access to their Bitcoin holdings. Based on the estimates by Coincover, about 4 million Bitcoins valued at almost $40 billion has been forever lost because of death. The Cremation Institute carried out new research which shows that 89 percent of cryptocurrency investors worry about what will happen…