Bitcoin News

Story: GiveBitcoin has a goal to Create At Least 21 Million New “Bitcoiners” this Christmas Season

By Maheen Hernandez

1 / 11

Bitcoin recovered over $7K after it crashed down to $6,500.  A whale movement likely causes the current price dump.

2 / 11

Shortly after the Bitcoin fell to $6,500, the token started with a reversal trend.  The digital currency has now recovered to the 7K level.

3 / 11

A twitter user, Ergo, stated, “While the mainstream bloggers are busy writing clickbait headlines about Chinese miners the elephant… whale in the room is slowly dumping through…

4 / 11

The selling trends in the cryptocurrency market took off after the Chinese authorities took an arrogant stand towards the cryptocurrency projects.

5 / 11

Geopolitical and financial factors have a major role to play for the price of the Bitcoin having dropped down to $6.5K.

6 / 11

The tax obligations concerning Bitcoin is also considered to be a popular reason for the drop in the price of the Bitcoin.

7 / 11

The Bitcoin liquidity now is seen to be evaporating fast.  The market trend seems to be like it can snap in any direction.

8 / 11

Despite the fact that the massive sell-offs of Bitcoin in the cryptocurrency market, GiveBitcoin is providing a new way by which one can gift Bitcoin to their friends and family…

9 / 11

Bitcoiners are continually chasing “mainstream adoption.”

10 / 11

The current gifting process comes with a time lock.  The consumers who are gifting the bitcoin will give it with a time lock, and the minimum time lock is set for one year,…

11 / 11

Cory Klippsten, GiveBitcoin founder, stated that getting into crypto can be very complicated for the first time.

The Currency Analytics

Want the full story?