Peter Schiff Positive about Bitcoin and Gold In 2023 Peter Schiff was recently seen analyzing targeted assets for the purposes of investment in 2023. He was primarily looking at the options where investments can reward high returns as well as turn out to be ‘real hedgers’. His analysis has led him to determine not one…
Market Conditions Remain Green After succumbing to a small fall, on 17th January 2022 Bitcoin once again proceeded back over the price range of $21,000. The market leader’s performance in the past 7-days weeks is astonishing as the gains exceeded 23.24%. How could Ethereum lag behind when Bitcoin is making gains? Ethereum’s gains of over…
Compass Mining is known as a hosting service and reseller of bitcoin mining machines. Its clients have decided to sue the company for $2 million. On January 17th, the customers filed the lawsuit in a Florida court in which they accused the company of breach of contract, fraud and negligence after it terminated its partnership…
Introduction Cryptocurrencies were first introduced as an alternative to fiat currency-based economics. There are many issues related to the fiat currency economy such as the money supply that makes the case for cryptocurrency applications. To improve the cryptocurrencies, the developers have ingrained some important features in the blockchain such as Token Burning. This article is…
2023 Miss Universe Contest Shocker In the 2023’s ongoing Miss University Contest, El Salvadoran contestant is surprising everyone with her stunning looks and also through her outfits. Alejandra Guajardo is the contestant representing El Salvador in the 71st contest of Miss World 2023, presently continuing in New Orleans, USA. Guajardo was revealing an element of…
Hackers have returned and their first victim of 2023 is a network belonging to a hospital-based in Romania. Allegedly, the hospital’s network has been attacked by hackers who have demanded ransom to be paid in Bitcoins. As crypto-blockchain technology is a safe haven, it has given a lot of confidence to hackers to do whatever…
For innumerable cryptocurrency enthusiasts across the world, the meteoric growth in value of some of the most renowned cryptocurrencies like Bitcoin over the course of the previous few decades has emerged as one of the largest and most notable developments. If you are a crypto enthusiast, I am certain you know how Bitcoin’s valuation has…
ISM Data Release The crypto market is trending upward today and in accordance with the forecasts of market participants that inflation will be brought down. The economies of Bitcoin, Ethereum, Solana, etc. along with the economies of altcoins are currently moving up. The boost came soon after the release of data by the Institute for…
In the year 2021, the crypto industry saw several BTC blocks eventually being spent after lying idle for over a decade. This meant that the whales holding onto the BTC tokens for a while had finally made their move. Similarly, a year before 2021, several Bitcoin whales were sighted spending Bitcoins from the blocks minted…
Macroeconomic Conditions Haunting Effects on Bitcoin Market Uncontrollable macroeconomic conditions have already caused havoc in crypto markets, particularly in the Bitcoin market. Thereafter, the unfortunate collapse of crypto industry giants such as Terra Luna and FTX also severely impacted Bitcoin’s price progression. The impacts coming from these overpowering circumstances have reduced BTC value by 60%…
Introduction The use of distributed ledger technology, commonly known as a blockchain, has resulted in the development of a whole new, innovative environment that is based on Bitcoin and other virtual monies. Increasing numbers of people all around the globe are of the idea that conventional forms of monetary products will one day be replaced…
Bitcoin since Inception till To Date The departing year may not be so great considering the 13-year-long journey of Bitcoin to date. Currently, there are no signs of Santa Rally appearing prior to year-end. Despite the fact that even in the past year Santa Rally did not happen, however, 2021 was the best year Bitcoin…
Hasty Decisions Decisions taken in haste may bear fruit temporarily but in the long run, they have consequences. This is exactly the situation with which a lot of Bitcoin miners are struggling today. 2021 was undoubtedly the best year not for Bitcoin alone but for the entire crypto economy. The Crypto economy was thriving and…
Excavation of Over 50K BTC Blocks As of 22nd December 2022, approximately 53,240 blocks pertaining to Bitcoin were excavated by BTC miners since 1st January 2022. These 53K plus blocks of Bitcoins were shared between a total of 23 leading Bitcoin miners. The excavators of Bitcoins need to be appreciated because right now Bitcoin mining…