Bitcoin (BTC)

Billionaire investor David Rubenstein says that crypto has crossed a line into mainstream territory, and that the likelihood of digital assets disappearing at some point in the future is slim to none. David Rubenstein: Crypto Is Here to Stay Crypto has taken the world by storm over the past year. Bitcoin, for example, is the world’s largest and most popular digital asset by market cap. Trading for approximately $9,000 per unit last May, bitcoin ultimately incurred...

Volatility could be scary for some BTC investors, but it’s the price to pay for overperforming the S&P index 10x over a decade, said MicroStrategy’s CEO, Michael Saylor. He also described Elon Musk as “enthusiastic” about the bitcoin space following the latest criticism from Tesla’s CEO. Speaking on the enhanced volatility that bitcoin faced in the past week or so, Saylor joined others indicating that such dramatic fluctuations could be expected to some extent in the...

In yet another comment on the overall cryptocurrency industry, Elon Musk reaffirmed that he supports it over the existing fiat system. Elon Musk, one of the richest men on the planet and the CEO of Tesla and SpaceX, once again caused a Tweetstorm after saying that he supports crypto over fiat. The true battle is between fiat & crypto. On balance, I support the latter. — Elon Musk (@elonmusk) May 22, 2021 Despite his Tweet being short and without any arguments, it...

The Iranian government enlisted intelligence officers with the task of cracking down on illegal cryptocurrency miners. This unprecedented move aims to solve the nation’s concerns with rising electricity consumption. The Government vs. Illegal Crypto Miners The Iranian authorities seem determined to solve their issues with illicit crypto mining. Bloomberg reported that the Ministry of Intelligence helped set up committees across the Asian country to detect and seize computer...

Il y a 11 ans, le 22 mai 2010, le développeur Laszlo Hanyecz a payé un utilisateur du forum Bitcointalk pas moins de 10 000 BTC pour deux pizzas Papa John’s. Hanyecz a tout de même dû attendre trois jours avant de trouver enfin quelqu’un prêt à lui vendre une pizza pour ce prix… « Pouvoir échanger [des bitcoins] contre une pizza était extrêmement cool. […] Personne ne pensait que ça allait devenir aussi important ». – Laszlo Hanyecz. Trois jours avant la...

Today is the international Bitcoin Pizza Day! This is a day that many in the crypto community celebrate the 11th anniversary of the first Bitcoin commercial transaction for two pizzas, which cost 10,000 BTC. On May 22, 2010, Laszlo Hanyecz traded 10,000 BTC for two Papa John’s pizzas in Florida. Years later, they would become the world’s most expensive pizza slices with a price of $365,000,000.00 at press time. Interestingly enough, they were worth over $600 million when...

With bad news attacks coming from all directions over the past week, bitcoin’s price fails to recover any of the recent losses. In the past 24 hours alone, the cryptocurrency fell by almost $10,000 following another set of China FUD. Most altcoins have it even worse, with double-digit price slumps charted from ETH, BNB, ADA, DOGE, XRP, and more. China Causes Another $9K Dip for BTC Bitcoin has seen better days. The massive sell-off during the week caused substantial...

Mike Novogratz – a bitcoin bull, billionaire investor and former hedge fund manager – took some time to discuss the most recent bitcoin drop, saying that it was a “liquidation event.” Novogratz: Bitcoin Will Undergo a Serious Correction The currency – which was trading at $64,000 per unit just a month ago – had fallen into the mid-$40,000 range earlier in the week following news that Elon Musk was ending all bitcoin payments through Tesla and that he was potentially...

This week was particularly turbulent in the cryptocurrency market. Bitcoin’s price crashed to $30K following comments made by Elon Musk, who keeps teasing Dogecoin HODLers. Meanwhile, we also saw old China FUD recycled yet again. Starting off with bitcoin’s price performance, the week was rather unfortunate for bulls. BTC is down about 25% in the past seven days, currently sitting at $37K. It’s worth noting, though, that the cryptocurrency fell even lower, briefly touching...

Cathie Wood of Ark Invest believes bitcoin will reach a price of $500,000. Cathie Wood: Bitcoin Still Has a Solid Future Her words come at a rather “inopportune” time considering the world’s largest and most popular cryptocurrency by market cap has fallen by roughly 33 percent at the time of writing. Once trading for a high of around $64,000, bitcoin has fallen into oblivion and is now trading for close to $30,000 less. However, Wood is confident that the currency will...