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Common Myths About Bitcoin Debunked
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As
CoinDesk reported, there are a few theories for the crash. One surrounds rumors that the U.S. Treasury is preparing to charge several financial institutions for money laundering with cryptocurrencies. Another stems from an old
CNBC report on a potential Bitcoin ban in India.
Still, some analysts are attributing the selloff to a mining outage in China. According to analyst Willy Woo, everything started last week in Xinjiang when facility safety inspections triggered a blackout. Woo writes that these blackouts were significant, because Xinjiang contributes one-quarter of the global hash rate.
So where do things go from here? While some experts are busy focusing on the cause of the crypto cash, one powerful upside catalyst is brewing in China. According to a new report, the nation is warming up to Bitcoin as an investment alternative. This could be significant for cryptocurrencies, according to industry insiders. Keep this story on your radar.
Bitcoin At $100,000: Estimating The Chance Of Six Figure BTC In 2021
Reading Time: 3min read
Bitcoin price (BTC) reached a new all-time high this week, soaring to almost $65,000 on Wednesday the 14th of April. With Bitcoin’s price now in “blue sky territory” and its market cap sitting comfortably around the $1.17 trillion level, the big question is – just how high will the current bull market push the BTC price this year?
Rounding Up The Most Famous Bitcoin Price Predictions
Here are some of the most famous individuals and institutions in crypto that have gone on record with bullish Bitcoin price calls:
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Bitcoin Revolution Erfahrungen & Test - Funktioniert es wirklich?
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