Nitrobetting
Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?

Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?

Blackrock CEO Laurence Fink believes the recent “drama” around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC). Fink’s comments come as U.S. lawmakers passed a highly-anticipated bill to lift the $31.4 trillion debt ceiling on June 1. The U.S. […]

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Satoshi Nak-AI-moto: Bitcoin's creator has become an AI chatbot

Satoshi Nak-AI-moto: Bitcoin’s creator has become an AI chatbot

Satoshi Nakamoto may have effectively disappeared over 12 years ago, but two artificial Intelligence dabblers are seeking to revive the ability to chat with the famed Bitcoin (BTC) creator. On May 31, Bitcoin FilmFest co-organizer Pierre Corbin and the chatbot’s co-developer Hugo Ferrer — released “Talk2Satoshi” — an AI chatbot that aims to answer questions […]

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jpmorgan analyst bitcoin upside $45,000

JPMorgan analyst sees a ‘conditional’ upside to $45,000 in Bitcoin

Nikolaos Panigirtzoglou says BTC should be trading at $45,000. His forecast is based on gold that’s currently near the $2,000 level. Despite recent weakness, Bitcoin is up more than 60% year-to-date. Nikolaos Panigirtzoglou – a JPMorgan analyst remains bullish on Bitcoin even though it has taken a hit in recent weeks. A gold-based forecast for […]

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Bitcoin fragments could become more valuable than full Bitcoins

Bitcoin fragments could become more valuable than full Bitcoins

Since January, there have been over 10 million inscriptions on the largest blockchain in the world, and this number continues to grow exponentially. To provide some context, the Ordinals Protocol allows for the ordered identification of satoshis, the smallest subdivision of a Bitcoin (BTC), enabling each of them to have an individual identity. From that […]

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Bitcoin hodlers exited 'capitulation' above $20K, new metric hints

Bitcoin hodlers exited ‘capitulation’ above $20K, new metric hints

Bitcoin (BTC) is in a “transition,” which should pave the way to the next bull market top, new research has concluded. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode unveiled its latest tool for tracking Bitcoin’s resurgence. Bitcoin hodlers in “transition” After the 2022 bear market and signs of […]

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Bitcoin risks 'new lows' into monthly close as BTC price retests $27K

Bitcoin risks ‘new lows’ into monthly close as BTC price retests $27K

Bitcoin (BTC) tested $27,000 on May 31 as weakness prevailed into the monthly close. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Analyst: Bitcoin reaching “crucial area” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to lose momentum after local highs near $28,500. As early-week excitement faded, traders and analysts warned […]

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Bitcoin risks 'new lows' into monthly close as BTC price retests $27K

Bitcoin risks ‘new lows’ into monthly close as BTC price retests $27K

Bitcoin (BTC) tested $27,000 on May 31 as weakness prevailed into the monthly close. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Analyst: Bitcoin reaching “crucial area” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to lose momentum after local highs near $28,500. As early-week excitement faded, traders and analysts warned […]

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Hodl up, El Salvador’s newest economic advisor is a Bitcoin maxi

Hodl up, El Salvador’s newest economic advisor is a Bitcoin maxi

Dr. Saifedean Ammous, the author of the explanatory book about Bitcoin (BTC), The Bitcoin Standard, has been appointed the Economic Advisor to the National Bitcoin Office of El Salvador. On May 30, the Office announced that the Austrian economist had joined the team as its advisor for matters related to various economic policies. Dr. Ammous’ […]

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