Analyses El Salvador Getting Ready to Adopt Bitcoin in Sep – Analysis, 30 Aug

On Monday, August 23rd, the President of El Salvador Nayib Bukele announced that the country is getting ready to adopt Bitcoin as a legal tender later in September. The preparation process includes the roll-out of 200 Bitcoin ATMs and the arrangement of 50 banks across the country to integrate the cryptocurrency: Source: Twitter Interestingly, ...

Analyses Cardano Becomes Third Biggest Crypto by Market Cap – Analysis, 23 Aug

This past week the crypto market recorded high demand for the tokens of the platforms for smart contracts such as Ethereum, Cardano, Polkadot, Solana, Avalanche, etc. The best performers were Solana and Cardano. Cardano has even become the third biggest cryptocurrency by market cap, recently surpassing Binance Coin. Cardano's price success can b...

Analyses Messi Becomes First Player to Receive PSG Fan Tokens – Analysis, 16 Aug

Last week Lionel Messi became the first player in football history to receive Paris Saint-Germain (PSG) fan tokens as part of a bonus payment for signing a contract. Source: Twitter The news has triggered a price hike of the PSG Fan Token. On Tuesday, August 10th, the price of one PSG more than doubled and hit $50, according to CoinGecko: Sour...

Analyses BTC Surpasses $45K for the First Time Since May – Analysis, 9 Aug

This past week the price of Bitcoin surpassed the psychological level of $45,000 for the first time since May. Because of this, Bitcoin has been able to recover almost half of the recent losses, and the bearish sentiment in the crypto community has started to fade away: Source: Twitter On August 3rd, Chairman of the U.S. Securities and Exchange...

Analyses Fear & Greed Index Returns to Neutral Level Thanks to BTC – Analysis, 2 Aug

The Crypto Fear & Greed Index has returned to a neutral level because Bitcoin has been able to regain the psychological level of $40,000 per one digital coin: Source: alternative.me That has been the index’s highest level since May 12th, which is a signal that the bullish sentiment is returning to the market: Source: Twitter From a fundame...

Analyses Tesla, SpaceX, Musk All Own Bitcoin – Analysis, 26 July

Last week was full of positive events and news. On Tuesday, July 20, Mastercard announced that it would enhance its card program for cryptocurrency wallets and exchanges. The financial giant will partner with Evolve Bank & Trust, Paxos Trust Company, and Circle to offer a card option to people wanting to spend their digital assets anywhere M...

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...