January was filled with much activity in the cryptocurrency markets as Bitcoin continued to lead the pack, moving full steam ahead with newer investors and more innovation. From Dogecoin to Ethereum, alternative cryptocurrencies were full of pleasant surprises as new price levels were achieved. Bitcoin Beats Market Expectations with All-Time High The king cryptocurrency, Bitcoin, hit a new all...
One moment it’s 2020 then before you know it, it’s 2021. The year has been full of many surprises from a COVID-19 pandemic to a steaming pot of political activism in key geographic regions. Despite the many moments of fear, paranoia, and disdain felt in 2020, there is much to smile about, including the astronomical prices of Bitcoin and its rising influence on the global stage. Nigerians Rise...
The month of November saw Bitcoin reach unexpected highs as it tested $20,000 levels with an average price of $18,000. At just under $20,000 the cryptocurrency hit its highest level in almost three years, since 2018. More institutional investors entered the markets, driving up activity. Near the end of the month, the price of the cryptocurrency slipped as investors tried to cash out on gains made...
Major Chinese cryptocurrency miners are betting on increasing Bitcoin investments in the next six months which will help keep them in business after the May 12 halving. The sentiment was found in a survey conducted by crypto services firm RockX on May 4, 2020. According to this survey, approximately 57% of the total Chinese cryptocurrency miners believed that a large influx of new investors was...