How low can the Bitcoin price go?

A digital asset’s price rally rarely comes out of the blue. Before the token’s market value explodes, some collateral forces come into motion. The asset can suddenly attract abnormally high online attention, its trading volume can go up dramatically, or some market-moving information can go public that triggers the first two examples. Mastering the art…

The M31 Capital Bitcoin Access Fund could provide institutional investors with another avenue for investing in BTC. 1153 Total views 7 Total shares M31 Capital, a New York-based global investment firm, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to launch a new Bitcoin (BTC) hedge fund. The proposed fund, dubbed…

IBM and the Central Bank of Azerbaijan (CBA) will reportedly collaborate on implementing blockchain technology in the country’s economy, Central Asian-focused Trend News Agency reports October 9.Trend News Agency is an established news service provider spanning the Caucasus, Caspian region and Central Asia, with dedicated news platforms in Azerbaijani, Russian, Turkish and Persian, alongside an…

Bitcoin’s (BTC) road to recovery could be a long one, according to Rob Sluymer, a technical researcher at market research firm Fundstrat Global Advisors.Per Bloomberg on March 20, Sluymer wrote in a recent note that Bitcoin’s price action was severely compromised by the recent price drop. He wrote:“The crypto breakdown over the past week mirrored…

Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model.Per a press release published on Aug. 13, the new service allows community members to stake tokens to receive tokens from other projects building on…

Tron founder Justin Sun broadcast a live video from San Francisco to disprove reports that he was prevented from leaving China due to a police investigation.On July 23, Sun launched a live video on Twitter to deny rumors that he was prevented from leaving China by local authorities based on charges of money laundering, gambling…

Blockchain can reportedly return billions of dollars back to Kenya’s budget. 401 Total views 10 Total shares Blockchain technology can help countries like Kenya from losing billions of dollars to corruption, according to an official at the United Nations’ drugs and crime agency.David Robinson, the regional anti-corruption advisor at the UN’s Office on Drugs and…

According to a report by market research firm HFS Research, blockchain technology will play a decisive role in establishing the future “hyperconnected economy.” 427 Total views 11 Total shares According to a report by market research firm HFS Research, blockchain technology will play a decisive role in establishing the future “hyperconnected economy.”A report excerpt recently…

Despite ongoing speculation about Bitcoin's next potential "deep correction," some cryptocurrency analysts disagree on its likelihood.