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An epic Bitcoin price rise will dwarf all previous BTC bull runs in May 2020




Last week was just murder for Bitcoin. It dropped significantly twice, and it had already gone down for more than 11 months. So there are two questions in the mind of every crypto enthusiast in the world. First, when is Bitcoin going to start recovering value again? Second, when is Bitcoin going to reach an all-time high again?

We think it unavoidable for Bitcoin to recover, and we also think it inevitable for it to reach unprecedented heights at some point in the future. When? We don’t know to be honest.

But there are cryptocurrency observers who think they do have an answer, even a date. In this article, we will explain their arguments. We can’t assure you they’re right, but information is power, so this is probably an idea everybody should know about.

We’ll start with the answer; then we give you the explanation. The next Bitcoin hyperjump will start on May 2020. It will prompt a huge and prolonged bull run that will culminate on December 2021. By then Bitcoin will be around 100k in price. Fascinating, isn’t it?

Before we give you the rationale behind that answer, we’ll give you the context you’ll need to understand it.

As you surely know, Bitcoin needs to be mined. This means that a bunch of enthusiasts all over the world (well, mainly in China) use a lot of computer power to solve a mathematical problem known as an “SHA-256 collision”.

Since it has no analytical solution, it must be calculated randomly, using a computer, and that takes time. This creates a “chain” of “blocks” (hence, “blockchain”), one at a time, and with every new block, a number of new Bitcoins are created. How many? Good question!

In the beginning, every new block created 50 new bitcoins. But Satoshi (the mythical digital superhero who created Bitcoin) wanted to avoid inflation in the Bitcoin environment, so he designed the protocol to make the total amount of tokens limited and progressively harder to mine.

One of the ways in which this goal is achieved is that, every so often, the number of coins created by every new block is halved. So, for instance, after November 28th, 2012, only 25 coins are produced per new block, and after July 9th, 12.5 coins. Next halving event is on May 2020 (you see where we’re going?).

Historically, each time that a halving has been implemented, the Bitcoin prices go through the roof. It happened in 2012, then in 2016. So, many observers are utterly convinced that the next halving event, in May 2020, will also bring about an epic rise in price that will dwarf any of the previous Bitcoin bull runs.

That’s it. That’s what some aficionados are expecting, and that’s the reason supporting their expectations.

But how reliable is this? It’s really hard to say. While it could indeed be a legitimate phenomenon, the fact is that Bitcoin is too young, there have been only two halvings, and there’s not enough data (or data analysis) to guarantee that every halving is going to jumpstart Bitcoin again.

So while this is an idea every serious observer in the crypto verse should know, it should be taken with a grain of salt because, so far, it’s impossible to say it’s not merely anecdotal. Lots of things happen around Bitcoin besides halvings. Now you know, though. We hope it will become useful information to you.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image Courtesy of Pixabay.


Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC




The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…

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Wisebitcoin Launches Professional-Grade Crypto Exchange



Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.

In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.

For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

Beyond leverage, Wisebitcoin additionally offers a simple and…

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