Bitcoin

April 14, 2021
Coinbase listing: Bitcoin investors must expect more crypto regulations premium
Today is a huge day for Bitcoin and crypto as the largest cryptocurrency exchange in the U.S., Coinbase, gets ready for its IPO. During an interview with BBC News on Wednesday morning, I talked about how Coinbase’s direct listing really is a momentous day for the cryptoverse. Under the symbol COIN, Coinbase is launching its IPO on the Nasdaq today, and should it reach its $100 billion private market valuation, it would straight away become one of the 85 Read More
premium
Nigel Green
April 7, 2021
Will Cardano’s coming of age impact rivals Bitcoin and Ethereum? premium
The recent full decentralization of the cryptocurrency Cardano will drive up its appeal and price, making it better placed to compete with rivals Bitcoin and Ethereum. The price of Cardano has skyrocketed over the last few months, rising around 600% since the start of the year, to become the third largest cryptocurrency by market cap, just trailing Bitcoin and Ethereum. Yet now, Cardano has come of age by becoming totally decentralized, with its parent Read More
premium
Nigel Green
February 25, 2021
Baby Boomers and Gen X embracing Bitcoin and cryptocurrencies premium
Baby boomers and Generation X are really getting behind Bitcoin and other cryptocurrencies. A recent deVere poll of our clients over the age of 55 revealed 70% are already invested in digital currencies or are planning to do so in 2021. Following Bitcoin hitting fresh highs over $58,000 last weekend, and Ethereum racing past $2,000 for the first time, the crypto market has grabbed people’s attention across the globe. And not just the so-called 'digital Read More
premium
Nigel Green
May 12, 2020
2020 Bitcoin halving underlines crypto is mainstream premium
Monday saw the highly anticipated Bitcoin halving event take place, only the third in the history of the event. These halvings happen every four years, and as of Monday’s 2020 halving, the number of new Bitcoins issued every 10 minutes dropped from 12.5 to 6.25. The halving happened on block 630,000. This historic event has shown in two ways how secure Bitcoin’s long-term future is. First, the Bitcoin price has been steadily increasing ahead of the halving event. Almost Read More
premium
Nigel Green
February 3, 2020
Coronavirus drives Bitcoin price higher premium
It’s likely that we’ll see the price of Bitcoin continue to increase until the coronavirus reaches a peak. The price of the world’s largest cryptocurrency by market cap gained over 10 per cent in a week and is also up 30 per cent since the end of last year. This makes 2020 the best start to year for Bitcoin in eight years. Up to now, there have been 17,335 confirmed cases of the coronavirus with a death toll of 362. The epicentre of the virus outbreak is still mainland Read More
premium
Nigel Green
September 18, 2019
Bitcoin to get a boost from the Fed this week premium
Bitcoin will likely receive a price boost by the U.S. Federal Reserve today. During the U.S. central bank’s meeting on Wednesday it is highly likely it will slash interest rates by perhaps a quarter of a percentage point. This follows the July rate cut, the first one in a decade, due to the trade war tensions with China. As such, and as I talk about in this video, Bitcoin – the world’s largest cryptocurrency by market capitalisation - will likely break out of its Read More
premium
Nigel Green
June 14, 2019
Another Bitcoin bull run is on the way premium
Bitcoin may well be on the brink of the next bull run, as the price on Wednesday surpassed the $8,000 barrier against the U.S. dollar following a period of low volatility. Abandoning its characteristic volatility, Bitcoin has been oscillating within a $600 range for over a week. However, this all changed on Wednesday when the world’s largest cryptocurrency by market capitalisation advanced beyond the key $8,000 resistance level. This could certainly be an indicator that Read More
premium
Nigel Green
April 24, 2019
Bitcoin to test key $6,000 mark, setting the market direction for the year premium
Bitcoin will soon put the vital $6,000 price support to the test, bolstering confidence in the wider crypto market. Over the past 24 hours we’ve seen the price of Bitcoin increase by 4.3 per cent, whereas in the past month the world’s largest cryptocurrency by market capitalisation hiked close to 40 per cent from $3,900 to $5,630. As I told Newsmax amongst others, looking at technical analysis, as well as long-term indicators such as the Moving Average Read More
premium
Nigel Green
November 16, 2018
deVere investors earn profit from a beleaguered Bitcoin premium
Bitcoin, the world’s largest cryptocurrency, has been take a battering in recent days, falling 12 per cent on Wednesday. Bitcoin, the world’s largest cryptocurrency, has been take a battering in recent days, falling 12 per cent on Wednesday. Read More
premium
Nigel Green
October 31, 2018
Cryptocurrencies ‘come of age’ as Bitcoin celebrates 10th birthday premium
Happy 10th Birthday Bitcoin! Yes, it’s been 10 years since the mysterious Satoshi Nakamoto published a white paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”, and now, a decade later, the cryptocurrency market is unquestionably coming of age. Happy 10th Birthday Bitcoin! Yes, it’s been 10 years since the mysterious Satoshi Nakamoto published a white paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”, and now, a decade Read More
premium
Nigel Green
October 24, 2018
Crypto market to rise 5,000% by Bitcoin’s 20th anniversary premium
We can expect to see a significant reduction in Bitcoin’s dominance and influence of the cryptocurrency sector as it enters into its second decade. In addition, I believe the crypto market will, in all likelihood, grow by a minimum of 5,000 per cent in the next 10 years. We can expect to see a significant reduction in Bitcoin’s dominance and influence of the cryptocurrency sector as it enters into its second decade. In addition, I believe the crypto market will, in all Read More
premium
Nigel Green
August 28, 2018
Bitcoin’s sell-off just a crypto market correction premium
The sell-off of Bitcoin and other major cryptocurrencies that we’ve seen in recent weeks was a standard market correction. No more no less. Two weeks ago, Bitcoin edged close to its lowest level of the year, continuing in bear territory throughout last week. The sell-off of Bitcoin and other major cryptocurrencies that we’ve seen in recent weeks was a standard market correction. No more no less. Two weeks ago, Bitcoin edged close to its lowest level of the year, continuing Read More
premium
Nigel Green