Bitcoin has rallied past the $80,000 mark, driven by a wave of optimism linked to recent U.S. political developments. The flagship cryptocurrency briefly climbed to $83,000 on Monday—an intraday increase of over 10%—before stabilizing slightly above $80,000. Despite this strong rebound, it remains more than 25% below its record high of $109,000 earlier this year. … Read more
A recent analysis suggests that Bitcoin is heading into a more volatile market phase during its ongoing price cycle, with a projected short-term recovery goal of $100,000. Currently, Bitcoin hovers around $81,550 — roughly 25% below its all-time high. Despite this dip, long-term indicators continue to signal bullish momentum. The cryptocurrency has shown resilience by … Read more
Arizona is making headlines as it pushes forward legislation designed to protect home-based Bitcoin mining and support broader blockchain operations. The proposed law, House Bill 2342 (HB 2342), recently passed the state Senate with a 17–12 vote and now awaits approval from Governor Katie Hobbs. Supporting Home Crypto Mining HB 2342 aims to prevent local … Read more
Bitcoin is currently grappling with a significant resistance level at $84,000, signaling a potential stall in bullish momentum. The price of the cryptocurrency was hovering around $79,474 at the time of reporting, according to data from CryptoQuant. Despite experiencing volatility triggered by macroeconomic and geopolitical events, Bitcoin has struggled to sustain upward movement. Key Resistance … Read more
State legislatures in New Hampshire and Florida are taking notable steps toward integrating Bitcoin into public investments, as recent bills advancing through their respective chambers highlight an increasing appetite to diversify state reserves with digital assets. New Hampshire Pushes Forward With HB302 On April 10, the New Hampshire House of Representatives narrowly passed HB302 with … Read more
Two U.S. states—New Hampshire and Florida—have taken notable steps toward incorporating Bitcoin as part of their financial reserves, signaling increased legislative interest in digital assets. Both states are advancing bills that would grant financial officials the authority to allocate a portion of state funds into Bitcoin under specific conditions. New Hampshire Advances Bitcoin Bill On … Read more
Ross Ulbricht, the controversial figure behind the infamous Silk Road darknet marketplace, is set to make a significant return to the public eye. After receiving a full presidential pardon from Donald Trump in January 2025, Ulbricht will speak at the upcoming Bitcoin 2025 Conference in Las Vegas, marking his first public appearance following more than … Read more
Across Africa, a growing number of individuals are embracing Bitcoin not merely as an investment instrument, but as a response to wider economic and social challenges. This shift is reshaping how the cryptocurrency is perceived and utilized throughout the continent. Economic Pressures Driving Bitcoin Adoption In countries like Kenya, youth unemployment rates have soared to … Read more
In Africa, growing economic instability and declining trust in traditional banking are fueling a surge in Bitcoin adoption. As national currencies weaken and inflation rises, many individuals see Bitcoin as a more viable and empowering financial alternative. Key Psychological Drivers Behind Bitcoin Adoption According to recent research, three primary psychological motivators are influencing African users … Read more
A recent report sheds light on how money psychology significantly shapes the adoption of Bitcoin across Africa. The report, derived from educational initiatives and community engagement, emphasizes that perceptions around trust, scarcity, and risk are key influences driving users towards cryptocurrency. Economic Motivation Behind Bitcoin Adoption One major factor behind the surge in Bitcoin usage … Read more