Bitcoin (BTC) recently brushed the $ 99,800 mark, making it tantalizingly close to the elusive $ 100,000 milestone. This achievement sparks reflection on past trends and the cryptocurrency’s potential trajectory in the months and years ahead. Breaking Barriers or Cooling Down? Bitcoin’s $ 100K Struggle Back in 2017, bitcoin (BTC) approached $ …
Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay
Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]
US Share of World Economy Projected to Reach Historic Low
The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share at 18.76%. This downward trend […]
Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $ 135,000 by late 2025, he cautions that …
Metaplanet Adds 107.9 BTC, Holdings Reach 506.7 BTC
The Tokyo Stock Exchange listed Metaplanet Inc. has purchased an additional 107.913 bitcoins (BTC) worth $ 69.42 million (one billion yen). This brings the company’s total bitcoin holdings to 506.745 BTC, acquired at an average price of $ 65,101. Metaplanet’s latest BTC purchase comes just under two months after it announced a $ …