At the annual Berkshire meeting last week, Warren Buffett continued to balk at Bitcoin’s history-making ROI over the last decade. But the investing legend also gave advice to beat inflation which is p...
Tag: Bitcoins
How Bitcoin’s Superior Security Can Accelerate NFT Adoption
Ethereum is by far and away the most popular blockchain platform for non-fungible tokens yet its position as the king of NFTs may not last forever, as it faces growing competition from emerging chains...
Property in Portugal Sells for 3 Bitcoins in Crypto Only Sale
On Thursday, an apartment was purchased in Braga, Portugal, using only cryptocurrencies, without conversion to fiat. This comes after the ratification of regulations drafted by the Order of Notaries. ...
House in Portugal sold for 3 Bitcoins in a historic first-ever direct sale
As the use of cryptocurrencies grows in popularity, an increasing number of people are resorting to digital assets to acquire and sell real estate. It was reported on May 5 that a property in Braga, P...
Bitcoin’s price tumbles as much as 7% during financial markets tumult
Cryptocurrency prices fell across the board on Thursday, with bitcoin dropping as much as 7% — a move that came in tandem with a broader decline in financial markets. Bitcoin’s price dropped down from...
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate
Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%. Many hoped for capitulati...
Bitcoin’s net exchange flows signal trouble is brewing
On-chain data analysis firm Glassnode today tweeted a chart of the 7-day moving average of exchange addresses receiving Bitcoin. It showed a one-month high of addresses receiving BTC at 1,889,792. Sus...
Luna Foundation Buys Additional Bitcoins Worth $1.5B as UST Stablecoin Reserves
The Luna Foundation Guard completed a $1 billion OTC swap with crypto prime broker Genesis Global Trading and the remaining $500 million worth of Bitcoins from crypto hedge fund Three Arrows Capital. ...
Bitcoin’s (BTC) Slump To $35K Was Largely Driven By This
Bitcoin (BTC) tumbled below a key support level of $38,000 this week, as concerns over an economic recession and rising interest rates intensified. The token slumped over 8% in the past 24 hours, hitt...
Bitcoin Price Continue To Plunge Hard, LUNA Foundation Guard Adds $37,863 worth Bitcoins To Its Stash – Coinpedia – Fintech & Cryptocurreny News Media
Terra’s (LUNA) price has dropped 31% in the last four weeks, wiping out all of the year’s gains, and the token is struggling to stay above the $85 support level, despite outperforming the overall cryp...
After El Salvador, IMF Now Concerned of Bitcoin’s Adoption in the Central African Republic
After the Central African Republic (CAR) announced adopting Bitcoin as legal tender and legalized the use of cryptocurrencies last month, the International Monetary Fund (IMF) warned that such a move ...
Coinbase’s Acquisition of Brazilian Exchange Mercado Bitcoins ‘2TM’ Falls Apart
38 mins ago | 2 mins read Editors News President Jair Bolsonaro is anticipated to put the bill into law this year. Rio de Janeiro will accept Bitcoin (BTC) payments for taxes on urban real estate. Acc...
MicroStrategy’s Revenue Plummets Amid Bitcoin’s Weak Performance
MicroStrategy Inc., the largest public holder of Bitcoin, recorded a decline in revenue in Q1 2022 largely on the back of crypto market weakness. MicroStrategy recorded $170.1 million in Bitcoin impa...
Marathon Digital May Start to Sell Some of Its Bitcoins
The miner said on Wednesday, during its earnings results, that its cash on hand was $118.5 million as of March 31, while total liquidity, defined as cash on hand plus available revolving credit facili...
Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher – Mining Bitcoin News
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a signific...
Joe Rogan says government ‘is freaking out’ over Bitcoin’s viability as a currency
As Bitcoin (BTC) begins to slowly recover after a difficult week for the majority of the cryptocurrency market, more public personalities are coming out as strong supporters of the digital asset, incl...
Bitcoin’s hash rate surges despite persistent economic uncertainty
CoinWarz shows the Bitcoin hash rate continues to explode, hitting a new all-time high of 270 EH/s on Monday before settling around the 220 EH/s today. A rising Bitcoin hash rate indicates the number ...
Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?
Stepping into May, Bitcoin (BTC) continues to turn red after nosediving below the psychological price of $40,000. The leading cryptocurrency was down by 4.85% in the last seven days to hit $38,531, d...
Nexo Co-Founder Confident $30,000 is Bitcoin’s Floor Price
In an interview with CNBC on Monday, Antonio Trenchev, the co-founder and managing director of cryptocurrency lending platform Nexo, said he is confident that Bitcoin (BTC) will not go below the $30,0...
Bitcoin’s intrinsic value under question
Bitcoin is dissimilar to Gold bugs as they love to call attention to it Gold is utilized in a wide range of enterprises like hardware, gems, and dentistry Fiat currency financial backers and busines...
This is Bitcoin’s Biggest Challenge to Resume the Uptrend (BTC Price Analysis)
Bitcoin’s RSI has been rejected from a significant long-term trendline three times. When the RSI hit the mentioned trendline, the price plummeted sharply and was rejected. To provide prospects of posi...
No Bitcoin Please: Warren Buffett Says He Won’t Pay Even $25 For All The Bitcoins In The World
Bitcoin is not for everybody. Berkshire Hathaway CEO Warren Buffett, who previously lamented about not knowing where to invest his money, claimed cryptocurrencies are not a productive asset and that h...
Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million – Regulation Bitcoin News
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of movi...
Warren Buffett Won’t Buy All Bitcoins in the World for $25, Crypto Community Responds
Speaking at the Berkshire Hathaway Annual Shareholder meeting on Saturday, renowned American billionaire investor Warren Buffett argued that Bitcoin has a number of deficiencies and he doesn’t see any...
Ac System Uses 16 X The Quantity Of Electric Power Than Bitcoin Learn More About Bitcoin’s Power Usage
Bitcoin’s annual electricity consumption is more than Norway’s 124 TWh and more than twice the level of Bangladesh’s 70 TWh. The hope is that switching to Proof-of-Stake will cut Ethereum’s energy ou...
IntoTheBlock: Terra’s LFG Amongst Top Initial Bitcoins (BTC) Owners
Wallets having 1,000-10,000 bitcoins (BTC) are most likely engaged in the transaction. A figure from the IntoTheBlock team indicates a considerable growth in the number of Bitcoin (BTC) wallets in the...
Warren Buffett Said He Won’t Even Pay $25 For All of Bitcoins Combined
A mere $25 per Bitcoin (BTC) has been a decade-back history but legendary investor Warren Buffett isn’t willing to pay that sum even for the entire circulating supply of Bitcoins today. Buffett fired ...
The Globe’s 1st Bitcoins, As Well As Gold ETP, Is Now Available
Incrementum Digital & Physical Gold Fund, a tiny open-ended unit trust founded in Liechtenstein in 2020, divides investments between cryptocurrency and gold. Its assets total over 20 million euros...
Synonym Software Launches LSP Dubbed Blocktank For Bitcoin’s Lightning Network
Synonym Software has announced the launch of a new Lightning service provider (LSP) dubbed Blocktank. LSP targets Network-based businesses that aim to enhance the experience for their users. Blocktan...
Finland Shall Be Selling €75 million Worth of Confiscated Bitcoins to Support Ukraine
Ever since Russia announced its invasion of Ukraine, the invaded country has been receiving strong donations in crypto to fund its war effort. Joining recently is the Nordic country of Finland which h...