1951 NBA champion; Sacramento Kings announced Yesterday that their players and staff could now receive any portion of their salary in Bitcoin. Well renowned clubhouse member and a regular moderator at Café Bitcoin, Neil Jacobs, broke the news that the Sacramento Kings is enabling their player and staff to receive any desired portion of their salary in bitcoin, he took to Twitter and quote the statement from Vivek Ranadivé, Sacramento Kings’ owner: BREAKING: Chairman of the Sacramento Kings: “I’m going to announce in the next few days that I’m going to offer everyone in the Kings organization, they can get…
The founders of Gemini digital currency exchange – Cameron and Tyler Winklevoss – said that the real adoption of Bitcoin has not even started yet. They said that the price of Bitcoin would eventually hit $500k. The brothers disclosed this in an interview with podcast host Peter McCormack. In the interview, Tyler said that the question is not whether Bitcoin would hit $500k or not but how quickly. In his thesis, he considered the market capitalization of gold and theoretical central bank allocation. Continue reading Bitcoin to Hit $500K – Bitcoin Price Prediction and BTC News at Smartereum.
Bitcoin seems to have managed to gain the attention of top personalities in the world as many famous billionaires from across the entire world are now discussing the world’s leading digital currency. Another to talk about Bitcoin is Bill Gates, the famous billionaire philanthropist, but he has issued some serious warnings to people saying they should be careful with this digital currency. Individuals With Less Investment Than Elon Musk Should Watch Out In an interview with Bloomberg, the Co-Founder of Microsoft, Bill Gates, has given a piece of advice to people giving them warning about making an investment in Bitcoin.…
2021 could be the best year for the Bitcoin: Cryptocurrency prices were in the doldrums in 2018. After the recent dip, however, many investors have actually returned to the cryptocurrency market. This is the reason why analysts and experts think that 2021 this year can be the best for Bitcoin in spite of the shaky start and it seems that they are right about Bitcoin bulls. The price surge is the latest in a nine month rally for the cryptocurrency, which has seen it rise by more than $31,000 since last March. Continue reading Bitcoin Price Predictions: Can 2021 be…
Major Institutional investors continue to throw their investments in the world’s largest digital currency in terms of market cap Bitcoin. One River Asset Management, the United States-based hedge fund made an investment in the leading digital currency past month when it purchased an amount of $600 million worth of BTC. Reportedly, the firm is planning on investing more in the coin. Increasing Bitcoin Exposition to $1 Billion Over the course of the last few months, various major financial firms have invested in the top-ranked digital currency including the business intelligence firm MicroStrategy, Twitter CEO Jack Dorsey’s financial services firm Square,…
Gold is poised to retake a crucial support level Bitcoin would great significantly benefit from the next bullish move of gold Several fundamentals trends could push gold and Bitcoin higher Bitcoin News Today – Bitcoin has not experienced any major price movement over the past couple of days after plunging from the weekly high of $10,900. Interestingly, the negative news about BitMEX only had very little impact on the price of the digital currency. Continue reading Bitcoin News Today – Headlines for October 4 at Smartereum.
Bitcoin held its ground despite several bearish news this week The price of Bitcoin is not affected by the series of negative news events in the crypto space Retail and professional investors are still bullish on Bitcoin Bitcoin News Today – The stability of Bitcoin all through an eventful week shows that traders are confident that the bullish uptrend would resume soon. Continue reading Bitcoin News Today – Headlines for October 3 at Smartereum.
Wrapped Bitcoin custodian BitGo adopts Chainlink’s Proof of Reserve Mechanism Tokenized Bitcoin on Ethereum is on the rise Wrapped Bitcoin Accounts for the Majority of Tokenized Bitcoin for use on Ethereum Bitcoin News Today – wrapped Bitcoin (wBTC) is now safer with Chainlink oracles checking custody wallets every 10 minutes. BitGo – wrapped Bitcoin custodian – has adopted the Proof of Reserve mechanism of Chainlink to boost the auditability and transparency of the tokenized asset of DeFi protocols. Continue reading Bitcoin News Today – Headlines for October 2 at Smartereum.
Bitcoin has been caught in a tight range over the past weeks BTC HODLers control 63 percent of BTC’s total supply Bitcoin investors are more focused on the long-term than the near term Bitcoin News Today – The recent price action of Bitcoin (BTC) has been somewhat poor, and it has done very little to reassure investors of its short-term outlook. Continue reading Bitcoin News Today – Headlines for October 1 at Smartereum.
Bitcoin is stuck in a range below the $11k hurdle point Bitcoin finds strong support close to $10,650 A break over the $11k hurdle point is needed for more upside moves towards $11k and $11,500 Bitcoin News Today – The price of Bitcoin is stuck in a broad range below the $11k hurdle point against the USD. Bitcoin (BTC) is likely to plunge sharply if the bulls fail to push prices over the $10,800 and $11k hurdle points. Continue reading Bitcoin News Today – Headlines for September 30 at Smartereum.
Analysts believe Bitcoin is on the verge of a breakout Bitcoin continues to show correlation with gold and S&P 500 Analysts point out some factors that could push Bitcoin’s price higher in the near term Bitcoin News Today – Despite the online sentiment of Bitcoin being at a 2-year low, analysts believe that the digital currency is on the verge of a breakout. Continue reading Bitcoin News Today – Headlines for September 29 at Smartereum.
Only 2.5 million Bitcoin left to be mined The demand for Bitcoin is on the rise, and this can result in more scarcity Analysts are bullish on the long-term of Bitcoin Bitcoin News Today – Bitcoin has a limited number of coins that can be mined. Over the past few years, there has been a significant increase in the demand for the digital currency. Continue reading Bitcoin News Today – Headlines for September 28 at Smartereum.
Bitcoin finds strong support over the $10,100 mark Bitcoin is currently trading well over the $10,550 mark with its immediate hurdle at $10,800 A break over the $10,800 level would pave the way for more gains towards the $11k and $11,500 hurdles Bitcoin News Today – Bitcoin recently started a fresh rally from the swing low of $10,140 against the USD. Continue reading Bitcoin News Today – Headlines for September 27 at Smartereum.
Bitcoin whale clusters indicate the digital currency could be in a short-term trend reversal BTC whales expect the digital currency to surge higher in the near term Bitcoin needs to hold gains over the $10,407 mark to remain in the bullish zone, Whalemap analysts Bitcoin News Today – Bitcoin whale clusters have shown that the $10,407 mark has turned into a strong support zone, increasing the chances of a renewed bullish uptrend. Continue reading Bitcoin News Today – Headlines for September 26 at Smartereum.
Bitcoin bulls prevent a break below $10k and started a nice recovery Bitcoin is now treading over $10,550 with its next major hurdle at $10,800 BTC bulls need to hold gains over $10,500 to prevent a dip towards the $10,200 in the near term Bitcoin News Today – The price of Bitcoin recently started a nice upward move from the swing low of $10,139 against the USD. Continue reading Bitcoin News Today – Headlines for September 25 at Smartereum.
Bitcoin (BTC) is currently greatly undervalued – Bloomberg Bitcoin could be priced at $15,000 The CEO of MicroStrategy said he could liquidate $200 million in BTC Bitcoin News Today – According to a recent digital currency newsletter from Bloomberg, a major on-chain indicator suggests that BTC is presently undervalued. The firm seems to believe that the digital currency is destined to surge higher unless these key indicators reverse themselves. Continue reading Bitcoin News Today – Headlines for September 24 at Smartereum.
Institutional investors are increasing their BTC holdings Institutions are still interested in Bitcoin despite the recent price action of the digital currency More institutions are expected to join the flock to Bitcoin Bitcoin News Today – According to new data from a survey, institutional investors are increasing their Bitcoin holdings despite the near term dips in the price of the digital currency. Continue reading Bitcoin News Today – Headlines for September 23 at Smartereum.
Analysts fear Bitcoin could plunge to $9,600 Bitcoin is likely to return to the $9,600 CME Gap it formed some weeks ago Willy Woo believes the mid-term trend of Bitcoin is positive Bitcoin News Today – When Bitcoin (BTC) surged from the $9ks in late July and early August, it formed a crucial CME futures gap at $9,600. With the current price action of the digital currency, it appears that it could soon move towards that range. Continue reading Bitcoin News Today – Headlines for September 22 at Smartereum.
Bitcoin surges by 10 percent from its lows two weeks ago Bitcoin faces a major hurdle point on the upside The near term of BTC is bearish, but the mid-term and long-term look good Bitcoin News Today – The price of Bitcoin (BTC) is up by more than 10 percent from the lows set two weeks ago around the $9,800 mark. Continue reading Bitcoin News Today – Headlines for September 21 at Smartereum.
Bitcoin starts a sharp upsurge, but analysts believe it is still in a bearish zone $10,600 is very crucial to Bitcoin, and the bulls need to hold gains over that level There is strong pressure around the $11,000 range Bitcoin News Today – Bitcoin (BTC) is currently surging as it has usually done over the past weekends. The price of the digital currency is currently over $11k, which is a pivotal hurdle point for the digital currency. Continue reading Bitcoin News Today – Headlines for September 20 at Smartereum.