Bitcoin (BTC)

Amid the recent warnings issued by the UK Financial Conduct Authority on crypto scams, the giant asset manager Ruffer Investment has defended its decision to allocate about 2.5% of its portfolio in BTC.The UK-based company with over $27 billion AUM said that bitcoin’s adoption is still early as most investors are “desperate” for alternative safe-haven instruments during these challenging times.Ruffer Investment Doubles-Down On BTCCryptoPotato reported in December that the founded in 1994...

Over the weekend, Iran was the victim of several energy blackouts that saw entire electrical grids go dark for hours at a time. Now, government heads are saying that bitcoin mining may have had something to do with these blackouts.Iran Suffers Blackouts; BTC Mining to Blame?Iran – like many of the world’s nations – has been hit hard by the coronavirus pandemic. The nation is under heavy economic stress and often sees its energy sectors mismanaged by those who have been put in charge. However,...

La Commission d’enrichissement de la langue française s’est à nouveau penchée sur les termes relatifs aux actifs numériques. Le résultat de ses travaux a été publié vendredi dans le JORF (journal officiel de la République française) qui consigne toutes les publications légales. Ce lexique s’ajoute à celui proposé en mai 2017 : Actif numérique (équivalent étranger : digital asset)Définition : Actif constitué par des données numériques,...

Kevin O’Leary of “Shark Tank” fame is in the news again for doing nothing other than bashing bitcoin for the umpteenth time. It just goes to show you that no matter how well bitcoin does, there are many doubters out there that will likely continue to spew angry or negative words towards what appears to be a growing store of value.Kevin O’Leary: Bitcoin Is a “Nothing Burger”Bitcoin is presently trading for well over $36,000. This is more than five times its size in January 2020. Nothing could...

The legal battle comes as the Aussie man allegedly suffered significant losses in his crypto business after the banks, Westpac and ANZ, shut down his accounts, local media reported Monday.According to the proceedings filed at the ACT Civil and Administrative Tribunal, Allan Flynn alleged that the banks’ action was illegal as they closed his accounts without any prior warning or reason.  20 Accounts Closed In Three YearsFlynn owns an AUSTRAC-registered crypto exchange with about 450 customers....

Organisé par Chainglob, le premier meetup Bitcoin de Goma en République démocratique du Congo aura lieu le 23 janvier 2021. « L’objectif est d’avoir un cadre permanent réunissant les bitcoiners de la ville afin de parler régulièrement de sujets les plus importants qui préoccupent l’écosystème Bitcoin et de vulgariser le sujet auprès de tous ceux qui ont le souhait d’en savoir plus. En effet, le...

Bitcoin has to endure and overcome the $40,000 boundary in order to avoid a consequent major price correction. JPMorgan strategists say that otherwise, the major cryptocurrency might suffer investment outflow.The $40K Is the Key to Future Prospects for BTCAccording to a JPMorgan Chase & Co report, cited by Bloomberg, this level is an omen to more eventual losses.The major financial institution strategists led by Nikolaos Panigirtzoglou said that the cryptocurrency is at risk of further...

Link has moved from a trading price of $12 on January 11, 2021, to a current position of $22 with a market cap of near $9 billion.Chainlink has cemented its name among the top ten highest-ranked cryptocurrencies by market cap after overtaking Stellar Lumen and Bitcoin Cash to reach the 8th position before slipping back to 9th by a small margin. The oracle-based blockchain protocol grabbed headlines in 2020 after coming from a very low price point to trade in the double-digit price zone. Link...

Iranian authorities have confiscated 45,000 bitcoin mining rigs that used subsidized electricity to mine the cryptocurrency. This is yet another considerable seizure in the Middle East country, which has experienced frequent blackouts that the government blamed on BTC mining.45,000 BTC Mining Machines Confiscated In IranLocal media outlets reported that the police had seized about 45,000 rigs that consumed 95 megawatts per hour (MWh) of electricity at lower prices.Head of the country’s...

[PRESS RELEASE – Please Read Disclaimer]With bitcoin mooning and surpassing all of its previously-set records, people worldwide are rushing to obtain profits. Miners are also keen on solving the proof-of-work problem in exchange for a chance to add the next block and reap their bitcoin reward. What if there was a better way to profit off bitcoin’s recent bull run?Mining is complicated, but with Winz.io, it has never been easier! The casino has just announced the Winz.io Bitcoin Mining...