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Bitcoin (BTC)

Legacy Investor Bill Miller Has Allocated 50% of His Portfolio in Bitcoin

The American investor, fund manager, and philanthropist Bill Miller said he had distributed half of his personal wealth in bitcoin. The former Chairman of Legg Mason Capital Management stated he purchased “a fair amount” last year when the asset’s price dipped to $30,000. 50% of His Portfolio in BTC Even though he was not supportive of bitcoin in the past, Miller has become one of its most prominent advocates recently. Over the past couple of years, especially after the start...

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Stellar Lumen (XLM) Price Aims Recovery above $0.28

Stellar lumen price declined heavily below the $0.2800 support zone against the US Dollar. XLM price is now trading below $0.2800 and the 55 simple moving average (4-hours). There was a break above a declining channel with resistance near $0.2588 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2800. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...

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Ripple Price Analysis: Bears In Action Below $0.80

Ripple price started a fresh decline from the $0.8650 zone against the US dollar. The price is now trading below $0.8000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.7800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it stays below the $0.8000 resistance. Ripple price is struggling below $0.800 against the US Dollar, like bitcoin. XRP price...

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Man Behind 29000 Bitcoin Ponzi Scam is Arrested in Brazil

Johann Steynberg, a South African known for running the multi-million dollar Ponzi scam Mirror Trading International (MTI), was recently arrested in Brazil. This would be yet another large-scale arrest for the country. A few months ago, Claudio Oliveira of the Bitcoin Banco group was also put behind bars for the disappearance of 7,000 Bitcoin from his investors in 2019. Brazil Scores Another Point Against Crypto Scams Johann Steynberg managed to fraud thousands of people all...

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Customers Bank Seeks to Expand Its Crypto Offerings

Customers Bank – a top 100 commercial and consumer bank – is looking to broaden its expertise and presence in the cryptocurrency space. The company has worked to bring on at least seven new digital currency experts as a means of helping the bank provide proper crypto services to its many clients. At the time of writing, Customers Bank manages close to $20 billion in total assets. Customers Bank Is Looking to Boost Its Crypto Expertise Sam Sidhu – president and chief...

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India Gets Its Very First Crypto Index

It has arguably gotten to the point that crypto traders don’t know what to make of India. One minute it seems to be pushing crypto. The next, it’s shoving it down to the lowest rung on the financial ladder. India and Its New Crypto Index Recently, global crypto app Crypto Wire has unveiled a new crypto index for India that will monitor the performances of the world’s top 15 digital currencies. Known as IC15, the product will allow traders in India to view the price...

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SEC Hires New Crypto Advisor Corey Frayer

The Securities and Exchange Commission (SEC) has brought former Senate staffer Corey Frayer on board to serve as a new advisor regarding crypto and digital currency-related issues. The SEC Is Pushing Its Crypto Agenda Forward The SEC has long been a thorn in the side of the crypto space. Despite all the bitcoin-based exchange-traded fund (ETF) applications that have made their way across SEC desks during the past four or five years, the agency has long thought the space...

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Bitcoin als nationale Währung? El Salvador macht das Experiment!

Bitcoin als nationale Währung? Das bekannte Y-Kollektiv, ein Netzwerk von jungen JournalistInnen, hat eine Reise nach El Salvador gemacht: [embedded content] El Salvador hat als erstes Land weltweit im September 2021 den Bitcoin als gesetzliches Zahlungsmittel eingeführt – quasi als Zweitwährung. Beschlossen hat das der autoritäre, aber im Volk unglaublich beliebte Präsident Nayib Bukele. War das ein revolutionärer Schritt oder...

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Parlons Bitcoin : Bitcoin n’est pas « trop volatile »

Emmanuel, animateur du podcast Parlons Bitcoin, lit l’article Bitcoin n’est pas « trop volatile » de Parker Lewis. Traduction de Theo Mogenet. Episodes précédents : 1. Le Bitcoin en 6 Minutes2. Le cours du Bitcoin et l’origine du Prix3. L’achat de bitcoins : Pourquoi ? Quand ? Comment ?4. C’est quoi un bitcoin ?5. La Preuve de Travail, ou comment Bitcoin empêche la triche6. Épargner en Bitcoin : Pourquoi et par où commencer ?7. Le bitcoin est-il trop volatile ?8. « Le monde...

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$300B Gone From Crypto Markets in 3 Days: Bitcoin Dipped Below $41K (Weekend Watch)

Bitcoin’s situation worsened once more hours ago as the asset dropped to a new three-month low beneath $41,000. Most altcoins are in a similar position today, and the overall losses from the past three days grew to $300 billion. Bitcoin’s Latest 3-Month Low It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago as it traded at $47,000 on Thursday and even tried its hand at $48,000 on Wednesday. However, the bears took...

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