U.S. Election Unlikely to Impact Bitcoin Rally
Matthew Sigel of VanEck disputes Bernstein’s claim that the 2024 U.S. election will impact Bitcoin’s price. Matthew Sigel, who is the Head of Digital Assets Research at VanEck, has refuted recent assertions made by Bernstein, which stated that the approaching U.S. election will have a direct influence on Bitcoin. Investors have shown interest in Bitcoin […]
Metaplanet Doubles Down On Bitcoin
Metaplanet plans to buy more Bitcoin with 299.7 million yen after recent purchases and a bond sale. Considering the current state of the market, the Japanese based company Metaplanet has revealed their intention to purchase additional Bitcoin (BTC). The management sent out a notification to the company’s members regarding the eleventh series of stock acquisition […]
Sub $50K Bitcoin correction Looms as Whales Plan to Sell
Bitcoin may face further negative pressure in the run-up to the September 18 US interest rate cut, but will it fall below $50,000 this weekend? A Bitcoin correction below the crucial $50,000 mark could happen as early as this weekend, potentially increasing downward pressure in September, which is historically a bearish month for the cryptocurrency. […]
Venezuela Leader Proposes Bitcoin Adoption
Brian Armstrong, the CEO of Coinbase, is interested in Venezuela’s Bitcoin adoption as a lawful tender in response to the opposition leader’s remarks. There are numerous reasons why Bitcoin adoption will increase in Venezuela, including the support of opposition leader Maria Corina Machado. Citizens have converted the most significant cryptocurrency in response to the country’s […]
Mastercard New Partnership Supports Self-Custodial Crypto Wallets
Mastercard collaborates with Mercuryo to develop a euro-denominated crypto debit card, allowing customers to spend crypto from self-custodial wallets at over 100 million merchants. Global payment giant Mastercard is broadening its support for non-custodial cryptocurrency wallets through a new collaboration to allow users to spend crypto while “being their own bank.” After launching a crypto […]