Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K – Markets and Prices Bitcoin News
Bitcoin news

Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K – Markets and Prices Bitcoin News

Bloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that could get the benchmark crypto back on track toward $100,000.”

Why is this ‘actually fantastic news for Bitcoin’?
Bitcoin news

Why is this ‘actually fantastic news for Bitcoin’?

With the ongoing unfolding of the ‘hashrate migration’ away from China, bitcoin’s hashrate dropped significantly.   According to Nic Carter of Castle Island Ventures, “Bitcoin mining is a largely self-contained industry. Banning mining does little to inhibit bitcoin transactions or exchanges – they are totally distinct concerns.” Peter Smith, Blockchain.com co-founder and CEO, recently stated […]

Bank of Portugal grants license to Crypto exchanges as virtual asset providers
Cryptocurrency exchanges

Bank of Portugal grants license to Crypto exchanges as virtual asset providers

The Central Bank of Portugal, Banco de Portugal, has licensed two cryptocurrency exchanges, Criptoloja and Mind The Coin. The entity announced in an official statement that it recognized both the exchanges as “virtual asset service providers.” These firms offer “exchange services between virtual assets and fiat currencies,” such as the euro. This is the first […]