Bitcoin (BTC)

The business intelligence corporation – MicroStrategy Incorporated – doubled down on its cryptocurrency endeavors during the third quarter of 2021 by purchasing 8,957 BTC in that period. Thus, the company now holds around $7 billion worth of the primary digital asset (calculated at today’s prices). MicroStrategy: The Bitcoin Whale MicroStrategy announced the results in its Q3 earnings report. According to it, the firm acquired 8,957 BTC between July and October this year at...

Senator Rand Paul – a republican representing the state of Kentucky – has expressed strong interest and enthusiasm about bitcoin. Rand Paul Has Caught the BTC Bug While he did not admit to owning any himself, he commented that he is amazed by how much it’s grown over the past few years, and he anticipates things could potentially get even stronger… So much so, that he thinks bitcoin could potentially present serious competition to the U.S. dollar. Bitcoin could even wind...

There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped in and pushed the price up to $64K, where it stayed for about a day. On Wednesday, we saw two consecutive drops, which led to the price testing the...

Mehr als 30 nigerianische Banken haben sich bereits auf der von der Zentralbank verwalteten digitalen Währungsplattform registriert. Mit eNaira will die Regierung auch Kryptowährungen wie Bitcoin Konkurrenz machen. Als erstes Land auf dem afrikanischen Kontinent führt Nigeria mit dem eNaira eine vollständig digitale Währung ein. Das Land ist damit Vorreiter im Bereich digitaler Währungen, die im Gegensatz zu Krypowährungen den Charakter einer...

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The American TV personality Jim Cramer advised crypto investors to beware of the risks related to the digital asset industry. According to him, investments in bitcoin and the altcoins rests on the “greater fool theory,” where speculation is not absent. Furthermore, Cramer admitted he is not a crypto hodler because of inflationary reasons, instead, he was “simply gambling.” ‘There Could Be Millions of Greater Fools out There’ CNBC’s Jim Cramer shared yet another controversial...

« La question de l’impact environnemental de Bitcoin nous oblige à réfléchir à l’utilité de cette nouvelle technologie. Comme nous le disions dans le premier épisode, Bitcoin tente de répondre à certaines problématiques monétaires extrêmement importantes, et pour cela, le réseau utilise une infime partie de l’énergie électrique mondiale. Lorsque l’on compare l’efficacité de l’invention de Satoshi Nakamoto par rapport aux alternatives existantes, à savoir, le système bancaire actuel...

Bitcoin cash price started a fresh increase above the $565 zone against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $610 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $580 against the US Dollar, similar...

El Salvador is taking necessary action to stop all those who have allegedly been misusing the new Chivo crypto wallet the country has implemented. Apparently, it only took about a month and a half for some people to resort to criminal activity to make their money via crypto. El Salvador Is Taking Action Against Alleged Cheaters The Chivo wallet is the new bitcoin wallet system that allows residents of the country to hold bitcoin, which they can then use to pay for goods...

Just last week, the United States’ first official bitcoin-based exchange-traded fund (ETF) began getting traded on the New York Stock Exchange (NYSE). Released by trading firm Pro Shares, crypto investors feel that the product – while imperfect – is a step in the right direction, and yet the SEC’s Gary Gensler is not as optimistic, and still feels certain things should take place for investors to get the right protection. Gary Gensler: Still Plagued with Worry The...