Bitcoin is in the red for 7 weeks straight – Will we see a rebound?

May 16, 2022

Many influencers on Twitter already have pointed it out: Bitcoin is in the red for 7 weeks now and that is indeed a historic moment. The market never faced such a drawdown and many traders are speculating that we will get a green candle soon. Our crystal ball is broken and we cannot predict the future for you. But what we can absolutely do is analyze the statements that have been made in the past few days. How does one spot the bottom of a market and even more important, how to spot the type of speculation that doesn’t make any sense at all?

Mass adoption: 44 countries are talking Bitcoin this week in El Salvador

May 16, 2022

El Salvador is not the only country in the world that adopted Bitcoin as currency. Last month the Central African Republic was making its own move to adopt the Bitcoin standard but is still facing issues. It was today when President Nayib Bukele announced that a Bitcoin conference will be held in San Salvador between officials of 44 countries. Is this the beginning of something bigger and will other countries follow the footsteps of El Salvador?

How safe is Bitcoin?

May 16, 2022

If you are considering investing in Bitcoin, you undoubtedly have questions about the soundness of the system. And rightly so. You will soon learn that the security and risks depend not only on the technology but also on the user: you. Together, you and Bitcoin are the bank. If Bitcoin is the vault, you are the one who keeps the keys. How secure are you, as a team?

Bitcoin accepted: Emirates Airlines plans to add Bitcoin as a payment service

May 13, 2022

Paying goods and services in Bitcoin has been something that is traditionally connected to online businesses. Renting servers, VPNs, or buying digital gift cards are a few examples of products and services that have created a huge demand over the last few years. That being said, more options became available outside the digital world because Bitcoin and crypto became more popular in general. Why will Emirates Airlines adopt the Bitcoin standard and where else can you book your next vacation and pay with Bitcoin?

What is the Bitcoin difficulty?

May 13, 2022

Bitcoin's mining difficulty reflects the average processing power it takes to produce a block of transactions. The higher this number, the harder miners worldwide have to work. Since their total computing power is a kind of wall that protects the Bitcoin network from attack, a high difficulty means that the network is secure.

Australia: Bitcoin and Ethereum ETFs have started trading today

May 12, 2022

Let’s face it: this week has been a catastrophe for the market in terms of price and stability. While most investors and traders are busy figuring out how to play this market during difficult times it seems that they are missing out on the positive news of the day. Today, the first crypto ETFs start trading in Australia despite the market conditions. What are Bitcoin and crypto ETFs, what are they good for and why could they become important in the future?

What is a Bitcoin faucet?

May 12, 2022

In the early days of Bitcoin, there was a remarkable website that gave away Bitcoin for free: the Bitcoin faucet. All that visitors had to do was fill in a Captcha - after which they received 5 Bitcoin. Those were the days!

Shanghai High Court: Bitcoin is virtual property

May 11, 2022

Although China issued a ban on Bitcoin mining and crypto trading last year, owning it is not prohibited. And according to a recent ruling by the Shanghai High People's Court, Bitcoin has the status of virtual property.

MicroStrategy could ride Bitcoin easily down to $3,562 as its contingency plan reveals

May 10, 2022

Many have warned that MicroStrategy could become a systemic risk to a market that is already volatile and under high pressure at the moment. The company is sitting on a huge pile of 115,109 BTC which is one of the most significant amounts that the public can assign to a single entity. Now that Bitcoin is dumping and the market kept tanking last night, people started to worry if this is adding pressure to MicroStrategy’s finance. Will Michael Saylor’s company dump on all of us? Or is there a viable contingency plan in place?

Diamond hands: Who bought the Bitcoin dip?

May 10, 2022

The market went fully bearish yesterday when BTC started crashing down to $29.800. Many investors were in disbelief since there was still hope for Bitcoin to stay in its range. But now that the results are in it seems that we have to go through difficult times. Despite the fact that many investors are holding Bitcoin at a loss, a few bold market participants remained bullish and bought Bitcoin during the latest dip.

Large red candles: what's next?

May 10, 2022

These are not easy times for crypto owners. Or rather: for owners of just about anything not called dollar. What has caused this carnage in the markets? What scenarios do we have to reckon with?

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