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Data Findings Suggest Bitcoin Price Will Continue to Rise, Says Qualitative Researcher
Although Bitcoin has been trading mainly in the $10,000 to $11,000 interval for the past weeks, it may soon surge. That is at least if one qualitative researcher is to believe, who analyzes key crypto metrics and Bitcoin data to forecast price performance. Does data prove that Bitcoin has yet to reach its top? Although Bitcoin has been trading mainly in the $10,000 to $11,000 interval for the past weeks,…
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India’s Supreme Court Seemingly Supports Crypto, Gives Central Bank 2 Weeks to Justify Crypto Ban
India’s Supreme Court has just released a statement criticizing the country’s central bank. Specifically, the Reserve Bank of India is being criticized for how it has handled the country’s cryptocurrency ban. Moreover, the central bank has now been given just two weeks to address complaints over the crypto ban. India’s Supreme Court orders RBI to justify crypto ban This news came in the latest session of several hearings, detailing the…
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Bitcoin Hash Rate Reaches New All-Time High, Will “Price Follow Hashrate”?
The Bitcoin has rate has recently reached a new all-time high. This news comes from an August 19th data report from Blockchain.com, which monitors blockchain data. However, could the Bitcoin price soon follow in the hashrate’s footsteps and reach a new ATH? Bitcoin’s hash rate reaches new ATH Specifically, Bitcoin’s hash rate has continued to breach previous records all throughout the summer. Today, Bitcoin managed to hit an astounding hash…
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US Delegation Will Visit Switzerland to Discuss Crypto and Libra
The United States is looking to send a delegation of House of Representatives members to Switzerland to discuss crypto. This comes as the United States is looking to tackle crypto regulations, as Facebook’s upcoming Libra crypto is putting pressure on regulators. US House of Representatives delegation will discuss crypto in Switzerland This news was first covered by the Swiss news outlet NZZ am Sonntag on August 17th. According to the…