In our “Bitcoin” section, we cover the latest news, developments, and trends related to the world’s first cryptocurrency. Here you will find information about the Bitcoin network, mining, market movements, and the factors influencing the BTC price. Read the “Bitcoin” section on ForkNews to stay updated on everything happening in the Bitcoin ecosystem.
For the first time in a month, the price of Bitcoin surpassed the psychological level of $9,000, delighting supporters of the most important cryptocurrency.
Is the rising price of bitcoin a signal of a bull trap? That's the question seasoned crypto analysts have begun asking after Bitcoin rose to $8,500 this week, up more than 25 percent since early April. Therefore, many investors and traders are wondering if the market's decline is truly over, judging by this one-day gain.
In the April newsletter sent out recently, Pantera Capital Management noted the high probability that Bitcoin will rise and even overcome the December high of around $20,000.
Cryptocurrency may soon catch the investment industry's big fish in its net: pension and charitable funds. According to Ari Paul, chief investment officer at cryptocurrency hedge fund BlockTower Capital, institutional funds will sooner or later add digital assets to their portfolios. “I think it's inevitable if only because they won't miss the opportunity to make money, even if they don't believe in cryptocurrency as an asset class,” he said.
The study showed that Bitcoin can be used to calculate actual, rather than artificially set, fiat currency exchange rates. Gina K. Peters of University College London presented a paper entitled “Bitcoin Reveals the True Exchange Rate and Reveals Capital Controls” at the Royal Economic Society's annual conference in March.
After a difficult two-week period, it appears that predictions of a supposed recovery in Bitcoin's price may be coming true. A jump of more than $300 increased the price of bitcoin from $7,100 to $7,500, which is almost five percent per day.
Do you worry every time the price of a cryptocurrency drops? This causes panic for most investors. Many people immediately start saying that the bubble has burst and we need to sell everything before it’s too late. However, some know that this is a great opportunity to make money, and this is the time to buy coins rather than get rid of them. Below are four opportunities to make money from the falling Bitcoin rate.
Starting from March 5, 2018, the German National Tourist Board (GNTB) accepts bitcoin payments as payment for its services. The committee operates under the leadership of the Federal Ministry of Economics and Technology, and as an advertising organization receives funds through government funding and private contributions.
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