Bitcoin (BTC)

Although MicroStrategy has already allocated more than $2 billion in the primary cryptocurrency, the business intelligence giant has no plans to stop buying. The firm announced plans to offer $400 million worth of senior secured notes due 2028 and to allocate the raised funds in BTC again. Ever since its initial purchase worth hundreds of millions of dollars in August 2020, the NASDAQ-listed software giant has only doubled down on its BTC involvement. The latest endeavor came...

Bitcoin’s consolidation continues as it’s trading exactly where it was a week ago. It had made a push higher toward the end of last week but got heavily rejected by the $38-40k zone, where it met resistance at the upper boundary of a symmetrical triangle pattern (as shown below). From there, BTC headed lower over the weekend, reaching $34,850 on Bitstamp, where it found support at the lower boundary of the same symmetrical triangle pattern. It has since bounced higher and it...

After El Salvador announced plans to adopt Bitcoin as legal tender, an official from Paraguay’s government has hinted at a similar development. The country’s Deputy of the Nation, Carlos Antonio Rejala Helman, suggested that the government will start working on a big project involving the largest cryptocurrency and PayPal. Is Paraguay Next in Line? The cryptocurrency community argued for years that struggling countries from less fortunate parts of the world, such as South...

Approximately five months after allocating 2.5% of its portfolio in BTC, Ruffer Investment has sold its entire position at a profit of over $1 billion. The firm cited the declining interest from younger generations as the primary reason for the sale. CryptoPotato reported in late 2020 that the giant asset manager founded in 1994 in the UK had entered the bitcoin field by investing 2.5% of its portfolio. Although some initial reports indicated that the percentage represented...

Steigt bald der Ethereum-Preis? Es ist reine Spekulation. Dennoch prognostizieren viele Chart-Analysten einen steigenden Ethereum-Preis. Angeblich soll der Preis um fast 1’000 US-Dollar auf knapp 4’000 US-Dollar steigen: #ethereum is ready to go higher for BITSTAMP:ETHUSD by YMGroup $ETH https://t.co/qoeRrtdzft pic.twitter.com/C8Hz1seb2E — BitcoinAgile (@bitcoinagile) June 7, 2021 Grund für den steigenden Ethereum-Preis? Ein wichtiger...

Was machen, wenn man unterwegs ist und die Kreditkarte plötzlich eine Zahlung verweigert? Früher war das vielleicht nicht so tragsich, da war Bargeld die Lösung. Aber seit alles immer digitaler wird, kann eine störrische Kreditkarte zu einem grösseren Problem werden. Genau dies ist folgendem Twitter widerfahren. Dieser war unterwegs war und konnte kein Uber-Taxi bestellen: Credit card company just blocked me from getting a taxi, any #Bitcoin taxis in Miami? — Ben THE Kaufman...

Bitcoin Nodes im Weltall? Die Verlagerung von Blockchain-Technologie ins Weltall soll die Technologie weniger anfällig gegen terrestrische Einflüsse machen. Spacechain und SpaceX schiessen zwei Blockchain-Nodes ins All. Der erste Node ist bereits am 3. Juni in den Weltraum transportiert worden und der zweite Node soll am 24. Juni folgen. Die beiden Blockchain-Knoten sollen...

ShapeShift CEO Erik Voorhees is no shy when it comes to expressing his opinion about politics, finance or Bitcoin maximalism —no matter popular or unpopular they might be. During an intervention at the Bitcoin 2021 conference in Miami, Voorhees criticized an earlier panelist’s comment praising toxic Bitcoin maximalism, saying that such thinking was, erm, wrong – to put it in more civilized terms. Bitcoin Maximalism: A Bug or a Feature? Just minutes before Erik Voorhees took...

Elon Musk has been attracting some negative press in the crypto world as of late, and now Russell Okung – a former NFL player for the Carolina Panthers and a big bitcoin fan – is joining the angry crowd. The Anger Towards Elon Musk Continues Okung recently erected a billboard which took aim at the South African entrepreneur, particularly his position as CEO of SpaceX. Okung posted the following on the billboard: Stick to space. Clearly, he wants Elon Musk out of the...

Mark Cuban has taken issue with some comments uttered by John Reed Stark, the former chief of the Office of Internet Enforcement for the Securities and Exchange Commission (SEC). According to Stark, cryptocurrencies like bitcoin and Ethereum bear “no utility,” something that Cuban seems to disagree heavily with. Mark Cuban Rushes to Crypto’s Defense Not long ago, Cuban stated that he owned bitcoin and believed it would be a serious hedge in the future against inflation...