For years now, crypto consumers have wished to have inter-blockchain communication. Finally Cosmos investors gave it a whooping yes of 112 million to 75 million votes. The aim of this communication is to enable token transfer off one blockchain to another. This will only be possible to blockchains that have implemented the standard. The …
Glassnode’s data shows that 25% of the Bitcoin in circulation represents the Bitcoin that was acquired when the value between $10,800 and $58,800. These people have no plans to sell their coins. People have been looking at the value of Bitcoin and how institutions are embracing it and they perceive the value is not …
Early March, US investment giant Goldman Sachs announced they have seen a demand for Bitcoin not only amongst institutional investors but also private wealth managers. Goldman Sachs is therefore in its second quarter planning to offer their first investment vehicle for Bitcoin and other assets that they didn’t specify to its private clientele. Mary …
After the announcement by Tesla’s CEO Elon Musk that the company will accept Bitcoin as payment, the internet went berserk, about Bitcoin and Tesla. One crypto giant Keizer Max threw a tweet saying people will be amazed by how someone used a whole Bitcoin to buy a Tesla truck. Keizer referred back to the …
Bitcoin has on 30th March hit a ten-day high after PayPal announced its plans to launch crypto payment on its platform. PayPal has put people on waiting since last year when they hinted at their cryptocurrency investment. Although PayPal has not yet disclosed the crypto it will use, people have jumped to acquire Bitcoin, …
Read moreBitcoin value nears $60k as PayPal launch Crypto payment
Ethereum has once again tested the $2,000 level. Ethereum was last seen on this level at the beginning of March and it has been rising to hit it again with green candles all month but it hasn’t hit it until the 2nd of April. It didn’t really touch it but it is above $1,950. …
The Bank of America has today announced that “Digital love” may be harmful to the American economy. The mass adoption of digital currency has led to a “money drop” which in the long run will influence rapid inflation. The report by The Bank of America released on 31st March has not mentioned any specific …
Read moreBank of America Indicates Risk of Inflation Due to Digital Currencies.
Still wondering if the first cryptocurrency to be launched willing to give its number one position to another currency? That seems not be in Bitcoin’s to do list as Microstrategy’s Michael Saylor says that Bitcoin’s future is still bright even with the slight shortcomings in its price. Although Bitcoin’s value has been struggling to …
Looking back at 2008 when the whitepaper for Bitcoin was released, things have taken a different angle. Humans are conservatives by nature adopting to change takes time but when they do, they become the change. It all started out as an easy and a new way to transact, then the world saw value and …
Dollar Cost Averaging (DCA) – Definition Putting together money to invest into something maybe a stock, index or a cryptocurrency like Bitcoin, is sometimes difficult. However, there is a strategy that allows an investor to put money without the effect of the volatility in the price of their target investment: Dollar Cost Averaging. DCA …
