Bitcoin Google Searches Fall to Pre-March Levels

The number of Google searches for Bitcoin has dropped close to pre-March levels, suggesting that the interest in the cryptocurrency could be declining despite its safe-haven potential amid the looming crisis. Investors Worried About by Market Crash Google Trends data shows that the interest in Bitcoin has gradually declined worldwide to previous levels. Last month, […]

SoFi Acquires Payment Processor Galileo in $1.2 Billion Deal

California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo. In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial Technologies. According to a CNBC report, the payment will consist of $75 million in cash, $875 million […]

Bitcoin Price Breaks $7.3K But Analyst Sees $13.8K Soon

Bitcoin price has been rallying on Tuesday, but that’s only the beginning, according to a market analyst. His technical analysis suggests that the cryptocurrency might update the 12-month high by June. Bitcoin Price Rally Will Get Steeper Bitcoin almost touched $7,500 earlier today, updating the highest level since March 12. On that day, the crypto […]

Bitcoin Futures Did Not ‘Manipulate’ BTC Price — Stock-to-Flow Creator

Bitcoin futures do not unfairly impact the price of Bitcoin (BTC), according to the creator of one of the cryptocurrency’s most accurate price models. In a series of tweets on April 7, PlanB, the pseudonymous analyst behind the stock-to-flow model, argued that futures have not caused the Bitcoin price to behave erratically. PlanB: “Nothing unusual” […]

Stock Rebound is Trap, Go Bitcoin Instead: Galaxy Digital CEO

Billionaire Michael Novogratz said that the recent rebound in stocks might lead to another decline soon. Instead, he is confident in Bitcoin and gold. Bitcoin Will Be Among Ideal Safe-Havens Novogratz, CEO of crypto merchant bank Galaxy Digital, told CNBC’s “Squawk on the Street” that investors shouldn’t be misled by the recent spike in stock […]

Italian Red Cross Builds COVID-19 Medical Post With Donated Bitcoins

On April 5, Italy’s “blood donation day,” the Italian Red Cross constructed an advanced medical post using funds generated through a crypto fundraiser. The Italian Red Cross has raised nearly $32,000 through cryptocurrency donations in less than one month. Roughly $22,000 has been used to finance the construction of the initiative’s first advanced medical post […]

Bitcoin Cash Jumps 7.7% as Halving Arrives, BTC Rally Next?

Bitcoin is fast approaching the much-awaited halving event, but its main forks will start first. BCH will reduce its block reward today, while BSV will do this later this week. BCH, BSV Price Hit 1-Month High The Bitcoin community is preparing for one of the most important events that takes place once every three or […]