Cathie Wood said she currently owns over $7 million worth of bitcoin, which she purchased on the advice of Reagan-era economist Arthur Laffer while it was trading at $250. The ARK Investment Managemen...
Tag: Bitcoin
Global Bitcoin payments market projected to reach $3.7B by 2031: Research
The global Bitcoin (BTC) payments market will reach $3.7 billion by 2031, registering a compound annual growth rate (CAGR) of 16.3% from 2022 to 2031, with private keys and hardware driving the sector...
NEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User Protection
The NEAR Foundation, an organization, supporting the NEAR blockchain, announced on Monday that it is winding down its stablecoin, popularly known as USN. The foundation said it is shutting down the st...
How to Buy Bitcoin with Prepaid Card
Bitcoin has been quite popular since its launch in 2009. Back in 2010 and 2011, very few people were fascinated by the crypto world. However, currently, the entire world seems to be intrigued by the d...
Bitcoin Miners Revenue Margins Shrink Fast As BTC Struggles
The world’s largest cryptocurrency Bitcoin (BTC) has been trading in a pretty tight range recently close to $19,200 level. On one hand, the Bitcoin hashrate continues to grow fast, which means that Bi...
Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million – Blockchain Bitcoin News
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across mor...
Bitcoin mining difficulty reaches new ATH; FTX, Binance US, Bittrex attacked by same phishing scam
The biggest news in the cryptoverse for Oct. 24 includes a recent spike in Bitcoin mining difficulty leading to a new ATH, FTX agreeing to compensate its users’ losses to a phishing attack, and on-cha...
What of Bitcoin [BTC] when things start getting ‘difficult’
Bitcoin mining has been subject to a lot of controversies of late. In fact, the same has fueled a lot of heated discussions between proponents and critics over the past few years. Especially as far as...
Bitcoin Price Just Saw Technical Correction And Fresh Increase Seems Likely
Bitcoin price corrected lower from $19,650 against the US Dollar. BTC is holding the $19,200 support and might soon start a fresh increase. Bitcoin started a downside correction after it failed to cle...
Bitcoin Going Down? $10,000 Is Price David Gokhshtein Ponders, Here’s Why
Yuri Molchan Founder of “Gokhshtein Media” wonders if crypto community would be ready for potential Bitcoin drop to $10,000 Contents Will Bitcoin drop to $10,000? “I’m sticking...
Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin
The US has charged two Chinese nationalists with obstruction of justice by bribing a US government employee with $61,0000 in bitcoin. According to the statement from the Department of Justice, these t...
Bitcoin Is Getting Ready for Extreme Volatility
The leading cryptocurrency continues its complacency run in a narrow taring range between $19,000 to a $20,000 per coin. But this should not fool anyone as Bitcoin continues to gravitate to the lower ...
Bitcoin, Ethereum, Quant, and Toncoin Daily Price Analyses – 24 October Roundup
The global crypto market has seen a reversal of the positive trend over recent hours. The latest data shows that Bitcoin, Ethereum, and others have changed direction. The reversal of the positive tren...
Israel’s Stock Exchange Unveils Plan to Create Digital Asset Platform and Venture Into Crypto – Exchanges Bitcoin News
The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space and creating a platform for digital assets. “The next five years are a critica...
Be Aware! Bitcoin’s Biggest Intra-Market Risk Is Here-This Can Take Bitcoin To The Bottom
The extended crypto winter has created turmoil for Bitcoin in the price chart as it continuously trades in a consolidated range below $19.6K. Therefore, monitoring the on-chain activity of leading dig...
CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam on Monday tried to dispel the narrative of a turf war over digital assets regulation between his agency and the Securities and Exchan...
Bitcoin Price Analysis: Tight Range Persists
BTC/USD Awaits Technical Guidance: Sally Ho’s Technical Analysis – 25 October 2022 Bitcoin (BTC/USD) awaited fresh technical guidance early in the Asian session as the pair failed to stray too far ...
Israel’s Stock Exchange to Launch a New Platform for Digital Asset
The Tel Aviv Stock Exchange (TASE) is set to launch a new platform that will be dedicated to digital currencies, expanding its influence in the emerging industry. According to a press release issued b...
Fed Isn’t Too Hawkish and Crypto Is ‘Kind of Irrelevant’ – Economics Bitcoin News
JPMorgan Chase’s president that crypto “is kind of irrelevant in the scheme of things.” Commenting on the U.S. economy, he defended the Federal Reserve’s hawkish stance, emphasizing that if the Fed’s ...
ARK Invest’s Cathie Wood Puts Bitcoin At $1 Million In 8 Years, Here’s Why
ARK Invest CEO Cathie Wood has been a long-time supporter of Bitcoin. The CEO had taken the bold step and become one of the first managers of a public fund to actually support the digital asset openly...
Tesla’s Bitcoin losses rise to $170M in the first 9 months of 2022
According to Tesla’s latest Q3 earnings report filed with the United States Securities and Exchange Commission, the electric vehicle (EV) manufacturer disclosed that it has invested a total of $1.5 bi...
ARK’s Cathie Wood Bought $100K Worth of Bitcoin Years Ago at $250 and Has Never Sold It
Appearing on Peter McCormack’s “What Bitcoin Did” podcast, ARK Investment Management CEO Cathie Wood said she purchased $100,000 worth of bitcoin (BTC) when it was trading around $25...
UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM
The United Kingdom has appointed Rishi Sunak as its newest Prime Minister after much confusion in the ministerial office over the past months. As reported, Rishi Sunak made it the third prime minister...
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data f...
Bitcoin, Gold correlation nears 1 over past year, indicating a bottom
Bitcoin (BTC) adoption has increased, and the largest cryptocurrency has become less risky as its correlation rate with gold reached 85% in the past year, which signals that a BTC price bottom could b...
Cybersecurity Must Become A Top Priority In Healthcare
As if physician attrition, nursing shortages, and a global sense of burnout isn’t enough to crumble an already exhausted healthcare industry, cybersecurity breaches have become an inescapable plague o...
Fireblocks Debut Crypto Payments Engine After Successful Trial With Checkout.com
Multi-billion dollar crypto infrastructure services provider, Fireblocks is officially launching its crypto payments engine as it seeks to expand its broad influence in the space. The new payment engi...
African Crypto Exchange Yellow Card Taps VASP License in Botswana
Yellow Card, an indigenous crypto trading platform has announced that it has received the Virtual Asset Service Provider (VASP) license from Botswana, tapping from the country’s positive disposition t...
How Spies Tried To Bribe An U.S. Agent With $61K In Bitcoin
According to a press release from the Department of Justice (DoJ), two Chinese individuals allegedly paid over $60,000 in Bitcoin to a U.S. government official to obtain classified information. The Ch...