Analyses Apple Rumored to Have Bought Over $2B Worth of BTC – Analysis, 19 July

In the first half of last week, rumors about Apple buying Bitcoins worth over $2 billion spread across the crypto-related social media platforms. Source: Twitter Many cryptocurrency enthusiasts expect such kind of news (about big players entering the market) to revert the price decline of Bitcoin and resume the uptrend.   Source: Twitter Howeve...

Analyses Crypto Becoming Integral Part of Global Fin System – Analysis, 12 July

On July 7, Visa said that cryptocurrency users spent more than $1 billion on different goods and services through their crypto-linked cards in the first half of the year. That is a signal that the integration of cryptocurrencies in global trade is on the way. Because cryptocurrencies are becoming an integral part of the global financial system, ...

Analyses Yet Another Week of Crypto Market Consolidation – Analysis, 5 July

The crypto market has recorded another week of consolidation. Recently, most of the major cryptocurrencies have been trading in a very narrow range, struggling to find direction. For example, Bitcoin has been fluctuating between $30,000 and $38,000 for almost 5 weeks now. It is clear that sooner or later, this consolidation will end. But the que...

Analyses BTC Correction - Not the First One, Not the Last One Either – Analysis, 25 May

Last week, one of the deepest corrections unexpectedly hit the cryptocurrency market. For example, the price of Bitcoin recorded approximately 50% decline: Source: CoinMarketCap.com However, as some cryptocurrency enthusiasts outlined, such kinds of panic sell-offs are nothing new to the market, and things like this happen and will continue to ...

Analyses Elon Musk and the Crypto Drama He Leaves in His Wake – Analysis, 17 May

Last week, Elon Musk brought another surprise to the market. This time he started to criticize Bitcoin instead of praising the cryptocurrency. On May 13th, the Tesla CEO announced that they had stopped vehicle purchases using Bitcoin: Source: Twitter Musk underlined that the reason behind the decision is because Bitcoin is heavily energy-consum...