1 min read
Business

Analysts Predict Ether’s Supply Outlook Surpassing Bitcoin’s as ETH Reaches $2.9K

Ether’s Fundamentals
According to experts, Ether’s fundamentals are solid, with the upcoming network upgrade, Ethereum 2.0, expected to further boost its value. This upgrade will introduce proof-of-stake consensus mechanism, improving scalability and efficiency.

2 min read
Business

Swissblock Analysis Suggests Bitcoin May Face Pullback Before Reaching Higher Prices

Resistance at $52,000
Analysts at Swissblock believe that Bitcoin’s inability to break above the $52,000 level could indicate that a reversal is imminent. The cryptocurrency has been trading within a tight range in recent days, indicating a lack of bullish momentum. If Bitcoin fails to break through this resistance level soon, it could signal a shift in market sentiment and trigger a pullback.

3 min read
Business

Bitcoin Soars to $52K, Fueled by Robust U.S. Market Demand, Suggests Coinbase Premium

The price of Bitcoin has surged to a new record high of $52,000, driven by a surge in demand from the United States. Coinbase, the leading cryptocurrency exchange in the U.S., has seen a significant premium in the price of Bitcoin compared to other exchanges, highlighting the strong demand in the country.

3 min read
Business

Resilient Bitcoin Receives Backing from Executive Chair of Morgan Stanley

In the world of cryptocurrencies, Bitcoin has always been a subject of debate and speculation. However, the Executive Chair of Morgan Stanley, one of the world’s leading investment banks, has come forward to confirm the resilience of Bitcoin. In a recent statement, the Chair expressed his unwavering belief in the future of the pioneering digital currency.

2 min read
Business

Bitcoin’s Impressive Start to January in the Americas Faces Potential Setbacks

Bitcoin, the world’s largest cryptocurrency, has started the new year on a high note. After a remarkable performance in 2020, the digital currency continued its upward trajectory as investors flocked to take advantage of its potential. With a strong start to January, many are optimistic about Bitcoin’s future in 2021.

3 min read
Business

MicroStrategy Now Owns Almost 190,000 Bitcoins, Worth Over $8 Billion

MicroStrategy, the leading business intelligence firm, has recently boosted its Bitcoin portfolio with an additional purchase of almost 190,000 bitcoins, currently valued at over $8 billion. This move further solidifies the company’s position as a major player in the cryptocurrency market.