Bitcoin Cryptocurrency News

Latin America: Surging Growth in Digital Payments May Be Boosting Bitcoin

VISA’s Chief Product Officer has revealed a massive surge in digital payment growth in Latin America since the pandemic related lockdown went into place in the region. More citizens of Latin American countries are turning to digital payments over cash. At the same time, they are also increasingly looking toward Bitcoin as a viable digital payment Read more…

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Blockchain Cryptocurrency News

Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts

In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap.  Its website states the company has $6.229 Billion in assets.  Trading of Bitcoin futures contracts has become more popular as crypto traders Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin’s (BTC) Support at $6,000 Threatened by a Death Cross on the Daily Chart

In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times.  This area of support is crucial as a death cross is forming on the daily chart.  At the time of writing this, all global citizens are Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin Tanks as Low as $7,700 In Brutal Sell-Off: Is There Hope of Recovery?

Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at the worst of the Read more…

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Bitcoin Cryptocurrency News

Bitcoin Could be a ‘Spaceship’ for Many Americans: Binance US CEO

Using Nasdaq as her platform Binance.US founder and CEO Catherine Coley, commented on the state of Bitcoin and cryptocurrency adoption in the US.  Misunderstanding Gap Fueled by Media Coley points out that the United States had typically been viewed as a world leader in innovation and entrepreneurship. However, it is greatly lagging behind when it Read more…

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Binance Cryptocurrency News

Binance Announces First Ever Bank Integration For Direct Turkish Lira Deposits And Withdrawals

Leading cryptocurrency exchange, Binance has partnered with Akbank, one of Turkey’s most forward-thinking banks to provide the first direct bank channel integration for instant fiat deposits and withdrawals, according to a press release shared with Cryptopotato. Starting today, the integration will allow Turkish users on the Binance trading platform to instantly deposit and withdraw the Read more…

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Bitcoin Cryptocurrency News

Here’s How You Can Invest In Bitcoin Retirement Plans

With the Bitcoin and crypto revolution accelerating, interest in retirement-focused investment is growing. Whereas long-term savings is always a good idea for anyone seeking financial security, the unique nature of blockchain assets requires greater care and understanding to ensure success. Do Your Research With such a rapid pace of development and adoption, seeking to apply Read more…

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Bitcoin Cryptocurrency News

Bitcoin Price To $250,000 By 2023: Tim Draper Doubles Down

Popular American venture capital investor, Tim Draper, recently said that he has been out of the traditional markets for the past six months. Instead, he has most of his investment portfolio allocated in Bitcoin as he believes its price will reach $250,000 by early 2023. Bitcoin At $250,000 Draper has been quite optimistic regarding the Read more…

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Altcoin Bitcoin Cryptocurrency News

Bitcoin, Gold uncorrelated while major U.S assets collapse amidst global chaos

Bitcoin has long been touted as an uncorrelated asset and surely enough, it has measured up to that narrative. The same can be said of gold. As major assets across the world feel the heat of chaos, Bi

The post Bitcoin, Gold uncorrelated while major U.S assets collapse amidst global chaos appeared first on AMBCrypto.

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Bitcoin Cryptocurrency News

Should Millennials Invest in Bitcoin for their Retirement?

As the global pension crisis worsens, millennials, are looking at novel retirement strategies, to protect their retirement security. Will bitcoin serve the purpose? Millennials’ Financial Situation Is ‘Relatively Dire’ Baby boomers, and then Generation X, popularized inflation-ridden investments and various retirement schemes that now are in crisis. Generation X had less money than baby boomers. Read more…