Here's Why US Banking Crisis Is The Best Marketing Campaign For Bitcoin In History
InvestAnswers, a reputable anonymous cryptocurrency strategist, has reported that Bitcoin is currently experiencing an unparalleled marketing campaign. According to the anonymous host of InvestAnswers, who spoke with David Lin in a recent interview, the ongoing banking crisis has caused a surge in the adoption of Bitcoin as a safe haven.
Timeline of Bitcoin
Bitcoin To $1 Million: Former Coinbase CTO Predicts Bitcoin To Rise 35,000% In June Amid U.S. Bank Uncertainty - Benzinga
Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the U.S. dollar. Srinivasan entered into a $1 million bet via Twitter with two individuals, offering up Circle's USDC stablecoin to pseudonymous Twitter personality James Medlock and another unnamed person if Bitcoin fails to achieve the historic gains he predicts.
Bitcoin Miners' Revenue From Fees Rises Suggesting the Onset of Major Bull Run - Coindesk
The two-year Z-score for miner revenue from fees has turned positive after a long time, signaling new waves of adoption. Historically, that has marked beginnings of major bull runs.
Bitfinex CTO Says El Salvador's Bitcoin Bonds Will Launch This Summer – But There's a Twist - Cryptonews
The Chief Technical Officer of the Bitfinex crypto exchange has claimed that El Salvador's long-awaited Bitcoin (BTC) bonds will launch this year “around June to September.” But the bonds, he explained, may not be bonds after all. Instead, the issuance could take the form of digital securities.
Balaji Srinivasan Raises Alarm Amid $1M Bet: 'Buy Bitcoin And Get Your Coins Off Exchanges' - Benzinga
Coinbase's (NASDAQ: COIN) former CTO Balaji Srinivasan on Wednesday warned that investors may only have weeks or even days to buy Bitcoin (CRYPTO: BTC) and move their cryptocurrencies off exchanges. What Happened: Srinivasan reacted to a Twitter user who shared a mail from cryptocurrency exchange Kraken that it would suspend automated clearinghouse (ACH) transactions later this month.
Despite industry headwinds, Bitcoin mining booms in Texas - Reuters
Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry's growth in Texas, according to a top trade group, citing the rise in the miners' power demands.
Why AI Focused Cryptocurrencies are Outperforming Bitcoin? - Bitcoinworld
The use of artificial intelligence (AI), also called machine learning, is increasing in various sectors of the economy such as education and commerce. As expected, the application of AI has come to the blockchain sector, particularly in trading.
Bitcoin falls, but still going stronger than most the S&P 500 - Proactive Investors
Bitcoin and Ethereum both fell in the last 24 hours, but the former has performed stronger than major indices this last month. Bitcoin, the largest coin by market cap, slipped 2% to US$27,641, although the ‘digital gold' is still up 12% in the last week.
Bitcoin Back Above $27,600 As US Banking Crisis Is Far From Over - NewsBTC
Yesterday's interest rate decision by the U.S. Federal Reserve (Fed) and the subsequent press conference by chairman Jerome Powell were met with a very bearish reaction from traditional financial markets, as well as Bitcoin and crypto. The Bitcoin price briefly touched $29,000 before falling as low as $26,600.
Bitcoin's realized price rises amid a surge in whale activity - Crypto news
Bitcoin (BTC) witnessed a sudden drop as March started with a series of bank collapses. The downward movement continued for almost two weeks, bringing the price down to the $19,500 mark on March 10.
Bitcoin Price and Ethereum Prediction: Can the Fed Rate Hike Amid Banking Turmoil Boost BTC and ETH? - Cryptonews
Bitcoin, the world's largest cryptocurrency, along with Ethereum, lost some of its value and dropped below $28k and $1,800 levels respectively. However, the reason could be linked to the release of a dovish statement from the US Federal Reserve regarding interest rates.