Bitcoin (BTC)

The Hungarian capital will immortalize the anonymous creator of Bitcoin by building a bronze statue of him. The designers of the project plan to put a hoodie on his head to represent his anonymity. A Statue of His Honor The secret identity of Bitcoin’s creator – with the pseudonym Satoshi Nakamoto – remains one of the biggest mysteries in the crypto community. Even though no one knows his (or her) real name, sculptors from the Hungarian capital Budapest decided to erect a...

Elon Musk is not as popular as he used to be. In fact, according to a new study, Musk is just about the most hated man right about now amongst crypto fans. Is Elon Musk the Most Hated Man in Crypto? The study was conducted by an analysis firm known as Awario. The enterprise has been monitoring the South African entrepreneur’s bitcoin tweets since late last year and has been studying how many people post negative and positive sentiment regarding his decisions and ideas....

During the ongoing 2021 Bitcoin conference, Tony Hawk revealed that he purchased bitcoin first in 2012 after watching how it works on the Silk Road. He added that he had kept most of his holdings aside from donating some BTC to charity organizations. While comparing his first passion skateboarding and his current affection for bitcoin, Hawk noted that the cryptocurrency industry has skyrocketed in popularity much faster. He said, “Bitcoin has taken over a whole city,” while...

Jan Tore Sanner – the Minister of Finance in Norway – opined that Bitcoin will see better days if it manages to solve its volatility issues. However, he advised investors to stay away from the current crypto market due to enhanced uncertainty. Breakthrough for BTC Contrary to the mostly negative comments coming from policymakers about Bitcoin’s merits, Norway’s Finance Minister – Jan Tore Sanner – surmised that the asset could overcome its instability and achieve a...

Mehr als 9 Stunden Events und Speaker gab es bereits am ersten Tag der Bitcoin Conference 2021 in Miami. Darunter Ron Paul, Nick Szabo und der lang ersehnte Auftritt von Twitter CEO Jack Dorsey. Bitcoin News: Der erste Tag der Bitcoin Conference 2021Der Tag begann so richtig als Miamis Bürgermeister auf der Bühne erschien und sagte:The days of a currency being tethered to a central bank are coming to an end.Ron Paul ging auf den Druck ein, den die Cryptocoins auf die Zentralbanken ausüben:If...

The latest substantial market crash has turned bitcoin into a “discounted and refreshed” asset, argued researchers from Bloomberg. In their most recent paper, they reasoned that BTC might stay in a range between $30,000 and $40,000 for a while, but its ultimate trajectory by the end of the year is towards $100,000. DIscounted and Refreshed Bitcoin Bitcoin’s price went through a roller-coaster since its all-time high in mid-April at $65,000. The freefall began in May, perhaps...

Bitcoin has bounced off after the latest negative engagement by Elon Musk and has neared $38,000. Most alternative coins have spiked even harder in the past 24 hours, with ETH trading around $2,800 and BNB surging well past $400. Bitcoin Recovers the Latest Elon Musk Dump After the previous weekend in which BTC dumped below $34,000, the asset performed rather well during the workweek. It was gradually increasing for a few consecutive days and even broke above $37,000. The...

Square’s proposed hardware wallet might be a game-changer and a driver for crypto adoption. On Friday, Square director Jack Dorsey, who’s also the chairman and creator of Twitter, said that his company is highly weighing the options of creating a Bitcoin hardware wallet that will provide total control over the cryptocurrencies users own. Following Dorsey’s comments via a tweet, the shares of the company, Square Inc (NYSE: SQ), rose by 2.7% but eventually closed the day at 1% higher compared...

Mike Novogratz – a billionaire investor and former hedge fund manager – has always been there to defend bitcoin whenever it is acting crazy, but in a recent interview, he claimed that the world’s number one digital currency by market cap will never be used for payments. Mike Novogratz Says BTC Will Not Be Used for Payments This is likely going to come as a huge blow for bitcoin and crypto purists given that the asset and many of its altcoin cousins were initially set up...

Speaking to Anthony Pompliano during the 2021 Bitcoin conference, the Gemini founders, Tyler and Cameron Winklevoss noted that they are still BTC hodlers and pledged to hold at least until the price reaches $500,000. Additionally, they called the US dollar the “ultimately shitcoin.” The Winklevoss twins are among the most famous early BTC adopters, having purchased sizeable amounts in 2012. During the conference, the brothers said they firstly bought when the asset’s price...