Bitcoin Archives - Cryptolifedigital

Bitcoin Achieves New All-Time High in Argentina, Surpassing 10 Million Argentinian Pesos

15Aug

By OLAJIDE SAMUELNo Comments

Bitcoin

Bitcoin Achieves New All-Time High in Argentina, Surpassing 10 Million Argentinian Pesos

In a groundbreaking development for the world of cryptocurrencies, Bitcoin has reached a new all-time high (ATH) in Argentina, with its value soaring past an impressive milestone of 10 million Argentinian pesos. This remarkable achievement has sent shockwaves through both the global cryptocurrency community and Argentina's financial landscape. https://twitter.com/BitcoinNewsCom/status/1691181953272197120 Bitcoin hits ATH in Argentina Bitcoin enthusiasts and financial experts alike have closely monitored the cryptocurrency's performance in various regions, but the recent surge in Argentina's Bitcoin market has garnered significant attention. This substantial price increase signifies the growing importance of cryptocurrencies as an alternative financial asset, particularly in countries ...

US Congressman Criticizes Bitcoin Creator “Satoshi Nakamoto” for Lack of Innovation

27Jul

By CryptolifedigitalNo Comments

Bitcoin

US Congressman Criticizes Bitcoin Creator “Satoshi Nakamoto” for Lack of Innovation

In a recent controversial statement, a US Congressman has raised eyebrows within the cryptocurrency community by denouncing the creator of Bitcoin, whom he referred to as "Satoshi Nakamoto," for a perceived lack of innovation. The remarks, made during a congressional hearing on digital currencies, have sparked a heated debate among proponents and critics of the world's first decentralized cryptocurrency. US Congressman Says Satoshi Nakamoto is not Innovative. Here is Why https://twitter.com/WatcherGuru/status/1684245942541643776 The Congressman, whose name has not been disclosed at the time of this report, claimed that the anonymous creator of Bitcoin did not introduce any groundbreaking technology and merely built upon existing concepts. The comments came as a surprise to many, as Bi...

Bloomberg Strategist Mike McGlone Reiterates $100,000 Bitcoin Price Prediction Despite Potential Dip

25Jul

By OLAJIDE SAMUELNo Comments

Bitcoin

Bloomberg Strategist Mike McGlone Reiterates $100,000 Bitcoin Price Prediction Despite Potential Dip

In a recent interview with crypto influencer Scott Melker, Bloomberg Intelligence's senior macro strategist, Mike McGlone, reaffirmed his long-term prediction of Bitcoin (BTC) reaching $100,000. However, he cautioned that the cryptocurrency could experience a significant dip before achieving that milestone. McGlone emphasized that he initially made the call for Bitcoin to reach $100,000 when it was trading below $20,000. While he remains confident in the six-figure price target for the long term, he believes it is more likely for Bitcoin to undergo a 50% correction and fall to the $20,000 level or even establish a new low before embarking on a parabolic trajectory. Read Also: Binance Heeds LUNC Rebel's Call for More Trading Pairs on LUNC To support his forecast, McGlone pointed to...

Grayscale CEO Believes Approval of Spot Bitcoin ETF by SEC Imminent

13Jul

By Adaralegbe Tosin MNo Comments

Bitcoin

Grayscale CEO Believes Approval of Spot Bitcoin ETF by SEC Imminent

In a recent tweet that sparked excitement within the cryptocurrency community, the CEO of Grayscale Investments, Michael Sonnenshein, expressed his confidence in the eventual approval of a spot Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Sonnenshein's tweet read, "It's a matter of when, it's not a matter of if" a spot #Bitcoin ETF gets approved by the SEC, igniting speculation about the future of cryptocurrency investment. https://twitter.com/BitcoinMagazine/status/1679176669108617230 The announcement by the influential CEO, whose firm manages the world's largest Bitcoin investment trust, comes after years of attempts by various entities to gain regulatory approval for a Bitcoin ETF. The SEC has historically been cautious about approving s...

CBOE Bitcoin ETF Applications Forge Surveillance-Sharing Agreements with Coinbase, Await SEC Decision

12Jul

By OLAJIDE SAMUELNo Comments

Bitcoin

CBOE Bitcoin ETF Applications Forge Surveillance-Sharing Agreements with Coinbase, Await SEC Decision

In a significant development for the cryptocurrency industry, all five spot Bitcoin exchange-traded fund (ETF) applications submitted by the Chicago Board Options Exchange (CBOE) have reached surveillance-sharing agreements with Coinbase, a leading cryptocurrency exchange. This news, shared by Bitcoin Magazine, has sparked anticipation as market participants eagerly await the Securities and Exchange Commission's (SEC) decision on these groundbreaking ETF proposals. Read Also: Renowned Author of "Rich Dad, Poor Dad" Predicts the Demise of the US Dollar, Foresees Bitcoin Surging to $120,000 Next Year. https://twitter.com/BitcoinMagazine/status/1678774627743707138 Surveillance-Sharing Agreements Boost CBOE Bitcoin ETF Applications The CBOE's pursuit of Bitcoin ETFs has gained momentum...

Renowned Author of “Rich Dad, Poor Dad” Predicts the Demise of the US Dollar, Foresees Bitcoin Surging to $120,000 Next Year.

11Jul

By CryptolifedigitalNo Comments

Bitcoin

Renowned Author of “Rich Dad, Poor Dad” Predicts the Demise of the US Dollar, Foresees Bitcoin Surging to $120,000 Next Year.

In a recent tweet that has sent shockwaves through the financial world, renowned author and financial educator Robert Kiyosaki, best known for his book "Rich Dad, Poor Dad," boldly declared the imminent demise of the US dollar and predicted a substantial rise in the value of Bitcoin in the coming year. Kiyosaki's tweet, which states, "US dollar will die. Bitcoin to $120k next year," has ignited both excitement and scepticism among investors and experts alike. Read Also: Former SEC Chairman Praises Institutional Interest in Bitcoin as "Remarkable" https://twitter.com/BitcoinMagazine/status/1678733049691885569 Kiyosaki's status as a prominent figure in the financial sector lends weight to his statements, as his books and teachings have influenced countless individuals seeking financ...

Former SEC Chairman Praises Institutional Interest in Bitcoin as “Remarkable”

11Jul

By Onche Michael ONo Comments

Bitcoin

Former SEC Chairman Praises Institutional Interest in Bitcoin as “Remarkable”

In a recent tweet by Bitcoin Magazine, a former chairman of the U.S. Securities and Exchange Commission (SEC) he expressed his admiration for the growing institutional interest in Bitcoin. The former SEC chairman described it as "remarkable" that major financial institutions, including BlackRock, are willing to associate their reputations with the leading cryptocurrency. His comments reflect a shifting sentiment within the regulatory and financial sectors towards the recognition and acceptance of Bitcoin as a legitimate asset class. Read Also: Grayscale Expresses Concerns Over SEC's Differential Treatment of Bitcoin ETFs https://twitter.com/BitcoinMagazine/status/1678473730647793700 Former SEC Chairman (Jay Clayton) Praises Institutional Investors as Bitcoin take a significant move ...

Grayscale Expresses Concerns Over SEC’s Differential Treatment of Bitcoin ETFs

11Jul

By Tolulope ZaccheausNo Comments

Bitcoin

Grayscale Expresses Concerns Over SEC’s Differential Treatment of Bitcoin ETFs

Grayscale, a leading digital asset management firm, has recently submitted a letter to a federal judge expressing its concerns over the differential treatment of Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The letter questions why a leveraged 2x Bitcoin ETF has received approval while a spot Bitcoin ETF proposal, as tweeted by Bitcoin Magazine, has yet to be greenlit. Grayscale highlights the inconsistency in the SEC's decision-making process and urges for fair and transparent regulation. Read Also: XRP and Shiba Inu Dominate Trading Volumes on WazirX Amidst Crypto Market Slump https://twitter.com/BitcoinMagazine/status/1678449933928603665 Grayscale Points out the inconsistency in the SEC's decision In the letter, Grayscale points out ...

Bitcoin Institutional Fund Accumulation Signals Increasing Confidence in Long-Term Potential

3Jul

By OLAJIDE SAMUELNo Comments

Bitcoin

Bitcoin Institutional Fund Accumulation Signals Increasing Confidence in Long-Term Potential

Institutional investors are displaying a notable surge in their accumulation of Bitcoin, signalling growing confidence in the long-term potential of the leading cryptocurrency. Analysis of fund holdings reveals a clear upward trend in institutional entities' cryptocurrency portfolios, demonstrating their keen interest in acquiring Bitcoin, even at its current price level. This accumulation pattern showcases a patient and strategic approach distinct from the short-term investment strategies employed by other market participants who closely monitor price fluctuations. Read Also: Binance Conducts 11th Terra Classic (LUNC) Token Burn Amid Community Disputes https://twitter.com/cryptoquant_com/status/1675678718659006464 Hedge funds Seeks long-term investment opportunities in Bitcoin He...

Bitcoin Miners Transact Over $1 Billion Worth of BTC, Triggering Market Speculation

28Jun

By CryptolifedigitalNo Comments

Bitcoin

Bitcoin Miners Transact Over $1 Billion Worth of BTC, Triggering Market Speculation

Bitcoin miners have recently initiated a substantial movement of funds, transferring more than $1 billion worth of Bitcoin (BTC) to various cryptocurrency exchanges. This significant development within the crypto industry has ignited widespread speculation and sparked debates among market participants. https://twitter.com/cryptoquant_com/status/1673890203000512512 Bitcoin Miners Move Over $1 Billion Worth of BTC The movement of such a substantial amount of BTC by miners has raised eyebrows within the cryptocurrency community. As the backbone of the Bitcoin network, miners play a vital role in securing the blockchain and validating transactions. However, their decision to transfer such a massive sum to exchanges has triggered speculation regarding their intentions and the potential imp...