Bitcoin metrics line up bull signals with $60.6K BTC price level to beat

How many Big Macs does 1 Bitcoin buy, and why is this important? 1915 Total views 4 Total shares Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation.The global Bitcoin purchasing power index, or PPI, which…

Market maker Kairon Labs have been working with projects such as StepApp (FitFi) and Ergo, providing liquidity on over 30 exchanges.Kairon Labs and most other market makers agree that “liquid markets are healthy markets,” as when the markets are liquid, it allows for lower slippage and faster trades to occur, which allows for the fair…

Lord Fusitu’a, a former member of the Tongan parliament, has shared a timeline for the country’s plan to adopt Bitcoin (BTC). A Tongan nobleman, Fusitu’a had previously disclosed the four-step plan, a copy of the Salvadoran Bitcoin playbook.Step one is remittance, two is legal tender, three is Bitcoin mining, and four is moving national treasuries…

In a keynote address at a Chinese government-backed AI conference, Musk noted that governments should be concerned about deep intelligence. 171 Total views 1 Total shares Twitter's executive chairman Elon Musk continues to push for more regulatory oversight of artificial intelligence, claiming it may be "smarter than all humans at everything" in the future.In a…

Bitcoin (BTC) has been profitable as an investment 98.2% of the days since its creation, data from holdcalc.com as of July 1 indicates.Counting 3830 days back — to January 4, 2009, one day after the coin’s Genesis Block was hashed  — holdcalc’s data suggests that on 3671 of these, it was profitable to buy bitcoin…

The past few years have been a watershed moment for security in crypto. As the asset class has gained popularity, more and more security breaches have been highlighted and more institutions targeted.The burgeoning industry is ripe with opportunity, but also with risk. Two incidents that highlight this lapse in security spring to mind.Back in January…

Mid-Atlantic convenience store giant Sheetz is set to accept Bitcoin and crypto payments across its outlets. 4020 Total views 14 Total shares Retail crypto payment acceptance in the United States continues to grow as Sheetz announces plans to allow the use of virtual currencies in its outlets across America.In a release issued on Thursday, the…

Major United Kingdom energy company OVO has invested in blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an OVO blog post published on March 12.Kaluza —  an intelligent grid technology company that provides software and hardware products to the energy sector — has reportedly made an investment in…

BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program. 556 Total views 6 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTGerman car manufacturer BMW plans to integrate blockchain technology into…