Snappa, an online graphics creation company, joined the group of companies diversifying their cash holdings into bitcoin (BTC), with its co-founder and CEO, Christopher Gimmer, describing the world’s number one crypto as "a far superior savings technology." Gimmer went on to give a detailed explanation of why his company has turned to bitcoin as its…
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Bitcoiners’ greatest fear – certainly in recent months – revolves around supply issues. What happens to bitcoin (BTC) when there is nothing (or very little) left to mine. How will the world’s biggest token respond? Well, one expert says that “concerns about bitcoin’s long-term supply credibility are overblown,” but argues that his reasoning might Read…
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The enraged Chief Executive Officer of major budget airline RyanAir, Michael O’Leary, stated that he hated Bitcoin, adding that everyone should avoid the world’s number one crypto like a plague. This follows the use of the CEO’s image to promote a bitcoin (BTC) scam. "I have never, and would never, invest one cent in bitcoin,…
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The difficulty of mining bitcoin (BTC) has just reached another all-time high, after rising more than expected during today’s difficulty adjustment. Meanwhile, the network’s hashrate is still below its all-time high from back in July. As reported five days ago, bitcoin’s mining difficulty, which is the measure of how hard it is to compete for…
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Nearly 20% of asked Americans bought crypto, but most of the surveyed people are familiar with bitcoin (BTC) only – and know nothing of altcoins, a recent survey concluded. Commissioned by Coinflip, a major US-based Bitcoin ATM operator, the survey included 1,005 respondents, whose responses suggested that 18.4% of Americans have either purchased or invested…
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Amid unconfirmed reports pertaining to be from Belarus, the nation could soon impose foreign currency exchange limits – a move that some think could drive citizens to crypto en masse. Protests and strikes continue in the country after a disputed general election returned incumbent president Alexander Lukashenko to power. And per a Telegram post from…
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Source: Adobe / Алексей Струйский Turkey-based cryptocurrency exchange BtcTurk has emerged as the main sponsor of Turkey’s Women and Men’s National football teams. This makes them the world’s first cryptocurrency platform to sign a sponsorship deal with a national team, the exchange said. Per a Reddit post from BtcTurk’s official account, this sponsorship deal with…
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With gold bulls seemingly on every corner, a recent survey from Bank of America has found that professional money managers now increasingly worry that the metal is becoming overvalued, even after a correction in prices from its all-time highs. Meanwhile, the realized correlation between bitcoin (BTC) and gold has fallen again, after recently hitting its…
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The EU could be set to streamline its members’ crypto regulatory framework – after a crucial European Commission ruling. Per IFC Review, which quotes European Commission’s press office, the Commission wants to have a set of proposals in place as early as the third quarter of 2020, but admitted that “there may be coronavirus-related delays.”…
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Bitcoin price remained strong above the USD 11,650 and USD 11,550 support levels. It seems like BTC is forming a support base for a fresh increase above USD 12,000. The price is currently (08:30 UTC) well above USD 11,650 and the bulls are likely to make an attempt to push the price above USD 12,000.…
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