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Tag Archives: rsquo

2 Crucial Bitcoin Takeaways from Powell’s Economic Club Speech

Bitcoin plunged by more than $3,000 after establishing a record high on Tuesday, stoking concerns about an extended price decline on growing profit-taking sentiment. Nevertheless, the flagship cryptocurrency discovered a substantial interim support range above $44,000. The BTC/USD exchange rate inched back above $45,000 in the early Asian trading session …

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Bitcoin to Hit $60-64K Soon, Asserts Analyst Despite Price Dip

An ongoing bull run in the Bitcoin market might extend until the price hits $60,000-64,000 area, asserts an independent analyst. The pseudonymous entity tweeted Wednesday that BTC/USD needs to hold support above $42,000 to validate its prolonged bullish setup. On the other hand, slipping below the said price floor would …

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Will Decentralized Token Issuance Platforms Legitimize DeFi?

The DeFi industry is bound to undergo some crucial changes over the coming years. After noting initial successes, there are still serious concerns regarding the issuance of new tokens and Ethereum’s ecosystem fracturing. Addressing those issues requires out-of-the-box thinking. The Current DeFi Token Platform Issues For anyone who is not …

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Tesla Invests $1.5B Worth of Bitcoin, SEC Filing Shows

Elon Musk’s Tesla invested $1.5 billion in Bitcoin, according to its latest filing with the US Securities and Exchange Commission. The American vehicle giant reported that it changed its investment policies in January 2021 to “further diversify and maximize returns” on the cash it did not require for operational liquidity. …

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