Crypto Currency

25% of Bitcoin Users Have Fled Since Tesla Stopped Accepting BTC

According to Timothy Peterson, 25% of Bitcoin users have fled the network since Tesla stopped accepting BTC for car payments Elon’s tweet making the announcement has changed Bitcoin’s fundamentals Bitcoin’s network size is down 45% from its peak value in mid-April Bitcoin is staring at a death cross on the daily chart Bitcoin and Crypto…

Published 4 years ago in
25% of Bitcoin Users Have Fled Since Tesla Stopped Accepting BTC

According to Timothy Peterson, 25% of Bitcoin users have fled the network since Tesla stopped accepting BTC for car payments Elon’s tweet making the announcement has changed Bitcoin’s fundamentals Bitcoin’s network size is down 45% from its peak value in mid-April Bitcoin is staring at a death cross on the daily chart Bitcoin and Crypto analyst, Timothy Peterson of Cane Island Alternative Advisors, estimates that 25% of Bitcoin users have fled the network since Tesla stopped accepting BTC for car […]
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Crypto Currency

What is 3Commas?

If you’ve been around the cryptocurrency space for a while, you may have definitely heard about 3Commas. The name refers to a renowned platform in the cryptocurrency market that offers The post What is 3Commas? appeared first on NFT Evening…

Published 3 hours ago in
What is 3Commas?

If you’ve been around the cryptocurrency space for a while, you may have definitely heard about 3Commas. The name refers to a renowned platform in the cryptocurrency market that offers
The post What is 3Commas? appeared first on NFT Evening…
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Crypto Currency

JPMorgan Says Bitcoin Could Hit US$165K by Year-End

JPMorgan has raised its price outlook for Bitcoin, forecasting the cryptocurrency could reach US$165,000 (AU$249,082) by the close of 2025 due to its undervaluation relative to gold. The analysts, led by Nikolaos Panigirtzoglou, noted that Bitcoin’s volatility compared to gold has dropped to a ratio below 2.0…

Published 3 hours ago in
JPMorgan Says Bitcoin Could Hit US$165K by Year-End

JPMorgan has raised its price outlook for Bitcoin, forecasting the cryptocurrency could reach US$165,000 (AU$249,082) by the close of 2025 due to its undervaluation relative to gold. The analysts, led by Nikolaos Panigirtzoglou, noted that Bitcoin’s volatility compared to gold has dropped to a ratio below 2.0…
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Crypto Currency

New York Lawmakers Push Tax on Bitcoin Miners Over Energy Use

New York legislators have unveiled a proposal to introduce a new tax on cryptocurrency mining operations, citing the industry’s high electricity consumption and its impact on household utility bills. Senator Liz Krueger and Assemblymember Anna Kelles introduced Senate Bill S8518, which seeks to levy an excise tax on proof-of-work miners across the state…

Published 3 hours ago in
New York Lawmakers Push Tax on Bitcoin Miners Over Energy Use

New York legislators have unveiled a proposal to introduce a new tax on cryptocurrency mining operations, citing the industry’s high electricity consumption and its impact on household utility bills. Senator Liz Krueger and Assemblymember Anna Kelles introduced Senate Bill S8518, which seeks to levy an excise tax on proof-of-work miners across the state…
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Crypto Currency

JPMorgan to Let Institutions Use Bitcoin and Ether as Loan Collateral, Marking Major Wall Street Shift

JPMorgan is warming up to crypto. The company plans to let institutional clients use their Bitcoin and Ethereum as collateral for loans. That would be a big deal on its own, but it’s especially notable considering what CEO Jamie Dimon has said in the past. He once compared Bitcoin to a “pet rock”…

Published 5 hours ago in
JPMorgan to Let Institutions Use Bitcoin and Ether as Loan Collateral, Marking Major Wall Street Shift

JPMorgan is warming up to crypto. The company plans to let institutional clients use their Bitcoin and Ethereum as collateral for loans. That would be a big deal on its own, but it’s especially notable considering what CEO Jamie Dimon has said in the past. He once compared Bitcoin to a “pet rock”…
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