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Category Archives: Cryptocurrency

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Here’s what the U.S. government shutdown may mean for Bitcoin

James Butterfill expects Bitcoin to rally if the U.S. government shuts down. BTC has a history of performing quite well in times of uncertainty. The world’s largest cryptocurrency is already up close to 4.0% today. Bitcoin will likely rally if the U.S. government does indeed

Bitcoin holds steady as DXY advance hurts stocks

Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base. Bitcoin (BTC) defied a surge for the Dollar Index (DXY)

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MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m

Key takeaways Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase. Chancer’s stage two presale has now surpassed the $2.2 million mark. The cryptocurrency market began the week in a bearish mode, with prices of most coins and tokens in the red zone

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MicroStrategy’s latest BTC purchase sets Bitcoin price in motion

Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total bitcoin in circulation. MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has

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