5 Bitcoin Data Points you Need to Know Right Now

Predictions forecasting future stance of bitcoin and crypto markets always make headlines. But what do the facts and data say? Blockchain analytics firm IntoTheBlock has come out with interesting insights which throw light on the current state of the BTC and digital asset markets. These also can be used to draw thoughtful conclusions about the future.  BTC has range-traded in the $7000-$7600 zones for quite some time now. An in-depth analysis brings attention to a few facts which can provide a sensible explanation for this market behavior. 1.7 Million Bitcoins…

HSBC Closes ATMs in Hong Kong, Bitcoin Fixes This

International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis.  Protesters Damage HSBC ATMs, Leading to Restrictive Measures Hong Kong, shaken by a series of protests, has seen the banking sector pull back from the booming city-state. ATMs in certain hot protest areas will be closed for weekends, to avoid damage. The measure was applied after protesters damaged two bank branches during the…

Apple v Samsung – Crypto Features Coming to Iphone 12 Range?

Apple’s new family of iPhone models has got everybody talking, with a launch date for the new iPhone 12 Pro expected in September, this year. Review site PocketLint expects multiple new features for the family of phones. Will this be the year that Apple steps into the crypto phone space to rival leading competitor, Samsung?  iPhones Could Go Crypto The big question remains: will Apple take the crypto leap? The iPhone surely can host mobile wallets, which are a basic approach to cryptocurrency. But the devices have aimed to protect…

Nakamoto Magazine Closes Telegram Over Chaotic Chats

Well, that didn’t take long. The ‘Pro Bitcoin’ Nakamoto initiative has already whipped up a Crypto Tweetstorm and had its Telegram channel shut down in just three days. The Nakamoto Initiative Disheartened by the lack of discussion about the “philosophical principles that motivated Satoshi Nakamoto, or the society that he wanted to build” a group of high-level intellectuals launched the Nakamoto website on Jan 3. Designed as a place to provide trustworthy information and stimulate dialog about bitcoin and other cryptocurrencies, in three short days, it only served to highlight…

Why These Famous Personalities Support Bitcoin

Bitcoin (BTC) probably doesn’t need much introduction after going mainstream and highly visible in 2017. But adoption is still in its very early stages, and more thought leaders, celebrities and businessmen are getting on board. Internet Money, Finance Disruptor: How Celebrities See Bitcoin The idea of a borderless Internet currency seems to appeal to some of the biggest business leaders, including Microsoft’s Bill Gates. Despite a certain caution when it comes to all-out endorsement, famous people tend to adopt the Bitcoin bug each and every day. 1/ Bitcoin is quietly…

John McAfee Drops Bitcoin, Calls it ‘Ancient Technology’

The crypto world was more than amused when anti-virus mogul John McAfee famously said he would consume his own manhood on live TV if bitcoin wasn’t at $1 million by the end of this year. Now it seems he is betting on different digital horses. BITCOIN IS ANCIENT TECH There have been plenty of million dollar price predictions for bitcoin, but very few of them for 2020. Crypto warlord, John McAfee, made that one back in mid-2017 when BTC was priced at $2,200. Since then, bitcoin prices have skyrocketed but…