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Bitcoin (BTC)

How Canadian Crypto Ownership Changed on 2022: Bank of Canada

The Bank of Canada published a report on Wednesday outlining Canadian crypto ownership trends last year. Its Bitcoin Omnibus Survey found that Bitcoin (BTC) ownership across the country declined from 13% to 10% of the population in 2022. The report noted that the ownership decline occurred on the back of Bitcoin’s massive price decline of over 50% throughout the year and increased regulatory scrutiny after FTX’s collapse in November. Altcoin ownership also decreased in 2022....

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Bitcoin Fan and Miami Mayor Francis Suarez Enters Presidential Race

As we’ve mentioned in previous articles, it’s likely bitcoin and crypto are going to be huge topics in next year’s presidential election. Recently, another bitcoin-loving candidate threw himself into the race… Republican mayor of Miami Francis Suarez. Francis Suarez is Running for President Suarez has long been a bitcoin advocate, going so far as to announce in 2021 that he would accept his entire mayoral salary in bitcoin (a move shared by New York City mayor...

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Apple Threatens to Remove Bitcoin Tipping Social App from Its Store

Jack Dorsey and Elon Musk aren’t too happy with the Apple company as of late. Apple Ain’t No Bitcoin Tipping Fan Not long ago, the technology conglomerate said it was looking into potentially removing the social media app Damus from its store. The reason was because the application offered a bitcoin tipping feature, and Apple doesn’t want anything to do with such services. The company then made it clear to Damus: get rid of the feature, or you will no longer be...

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Optimism (OP) Soars 6% Daily, Bitcoin (BTC) Dominance Declines as Price Stagnates (Market Watch)

Bitcoin’s price movements continue to be highly uneventful as the asset continues to remain just inches above $29,000. Most altcoins have mimicked BTC’s performance, aside from DOGE, SHIB, UNI, and OP, all of which have jumped by more than 3% daily. BTC Boring at $29K It was precisely a week ago when the primary cryptocurrency tried its hand at taking down $30,300 but failed in its tracks, and the subsequent rejection pushed it south hard. In about a day, the asset had lost...

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Michael Saylor: SEC Lawsuits Are Paving the Way for BTC Dominance

Michael Saylor, the former CEO of MicroStrategy, commented in an interview that the present SEC lawsuits against platforms like Coinbase and Binance will pave the way for bitcoin to become bigger than it’s ever been. Michael Saylor on the Future of BTC He anticipates that the bitcoin dominance in the crypto industry (which currently stands between 40 and 48 percent) will shoot up to a whopping 80 percent, leaving only a 20 percent margin for remaining altcoins. He...

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Robert Kennedy Jr. Believes Bitcoin and Blockchain Will Be Extremely “Useful”

Democrat presidential candidate Robert Kennedy Jr. commented in an interview that he thinks bitcoin and blockchain will be very “useful” applications. Robert Kennedy Believes in the Power of Bitcoin He stated: The blockchain technology that’s coming out of bitcoin will be very useful. He was also quick to praise Elon Musk – the South African billionaire behind mega companies like Tesla and SpaceX – and Jack Dorsey, the former CEO of Twitter. Continuing his...

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Suisse : Bity SA lance une action en justice contre la FINMA

Bity SA a lancé la semaine dernière une action en justice contre l’Autorité fédérale suisse de surveillance des marchés (la FINMA). La plateforme d’échange de cryptomonnaies conteste une ordonnance qui limite l’achat de Bitcoin sans identification du client à 1000 francs suisses par mois – quand la loi autorise 5000 CHF par transaction en espèces – et qui impacte directement l’activité de ses guichets automatiques. « Si la Suisse a...

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SHIB Jumps 5% Following Shibarium Beta Launch, BTC Stands Still Above $29K (Weekend Watch)

Bitcoin’s price performance continues to be quite underwhelming, but the asset managed to sustain above $29,000 at least. The altcoins are also slightly in the green, with gains of up to 2% from the likes of DOGE and SOL. SHIB has jumped the most from the top 20. BTC Stalls Above $29K It’s safe to say that there have been more exciting times in the crypto ecosystem when it comes down to price performances. Bitcoin started the week with a nosedive that drove it from over...

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