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Bitcoin (BTC)

Kraken CEO Jesse Powell Is Leaving His Post

Jesse Powell – the man who brought popular digital currency exchange Kraken to life – is stepping down from his post with the company. Kraken CEO to Remain Onboard as the Chairman Powell will no longer serve as the chief executive of the firm, according to recent news reports. He will be replaced by the chief operating officer Dave Ripley, who first joined Kraken in the year 2016. The transition will occur gradually over the next few months and Mr. Powell will remain...

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Cardano (ADA) Drops 13% Weekly, Bitcoin Flat at $19K (Weekend Watch)

After the enhanced volatility at the end of the working week, bitcoin has calmed and stands firm at $19,000. Most altcoins are also quite stagnant now. On a weekly scale, though, there’re some evident winners, such as Huobi Token, and losers, like Cardano. Bitcoin Calms at $19K The latest US inflation numbers – 8.2% – announced on Thursday returned some of the recently lost volatility in the crypto markets, pushing bitcoin from $19,000 south to a multi-week low of $18,200....

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Bitcoin-Preis: Kommt die Jahresendrally?

Bitcoin-Preis: Kommt die grosse Jahresendrally? Wer sich den Bitcoin-Preis der vergangenen Tagen und Wochen anschaut, sieht, dass sich nicht viel getan hat. Der Preis eines Bitcoins pendelt belanglos zwischen 18’000 und 20’000 hin und her. Doch die Erfahrung zeigt, dass nach einer gewissen Zeit der Stagnation ein Ausbruch stattfindet. Die Frage ist nur, in welche Reichtung? Generell kann man sagen, der Herbst ist eine gute Zeit, etwas Bitcoin zu...

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Conférence : Les cryptomonnaies, instrument de liberté monétaire ou objet spéculatif ? 

Conférence organisée par SeRViR, Association des anciens élèves de l’ENA. « Vous êtes conviés à un débat, vif et informé, sur ce thème majeur dans la période de turbulences monétaires. Pour tenter de dissiper le brouillard conceptuel et technique qui entoure ce phénomène, il sera examiné sous trois angles : • économiquement, quel est le sous-jacent de cet OVNI financier et quelle est son utilité pour les ménages et les entreprises ?...

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Bitcoin’s Next Bull Run Will Start in 2023 According to Bitwise CEO

Hunter Horsley – CEO of the technology solutions provider Bitwise – believes bear markets are a great period when investors could increase their exposure to bitcoin. He estimated that the next bull run will begin next year, outlining that his firm’s clients have already increased their interest in the asset. Fortunes Are Made in the Bear Market In an interview for Bloomberg, Horsley outlined the historical pattern of bitcoin’s price movement. During its existence, the primary...

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Crypto Litigator Kyle Roche Removed from His Firm’s Class-Action Dept.

Anonymous website Crypto Leaks recently published video footage of Kyle Roche – a known crypto litigator – talking about what a huge stake he has in a company known as Ava Labs, which dabbles in blockchain and distributed ledger technology. Kyle Roche Is Feeling the Heat In the video, he also appears to talk about filing suit against competitors of the company. He also refers to class-action plaintiffs and jurors as “idiots.” This has set up an improper conduct...

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Only the Smartest (and Most Foolish) Investors Own Bitcoin: Bank of Canada

A new report from the Bank of Canada has unearthed some intriguing facts about the state of Bitcoin ownership across the country.  The report found that about 13% of Canadians owned Bitcoin in 2021 – but that investors of average financial literacy are the least likely of all to buy in.  When and Why Do Canadians Buy BTC? As the central bank’s survey showed, Bitcoin ownership figures in 2021 were more than double the 5% ownership present from 2018 to 2020. The increase was...

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Crypto Is Bombing, and It’s Likely the Fed’s Fault

We are in a recession. The United States has experienced two consecutive quarters where the GDP is exceedingly low, and by all definitions, this is exactly what a recession is. There are many people out there that continue to talk about how it’s something that could happen, but nobody is really talking about the fact that it’s already here in many ways, and it’s never been more evident than through the tanking crypto prices that 2022 has witnessed. Crypto Continues to...

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Bitcoin Sharply Rejected at $20K Following Friday’s Wall Street Collapse (Weekend Watch)

Bitcoin tried its hand at taking down $20,000 but was stopped in its tracks once more and has retraced by almost a grand. The altcoins are back in red after yesterday’s massive gains. This all came following the bloody Friday on Wall Street. Bitcoin Stopped at $20K The primary cryptocurrency was quite calm lately, but that all changed when the US announced the latest CPI numbers. BTC stood at $19,000 before it violently dropped to a multi-week low of $18,200. However, that...

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Bitcoin is an Insurance Policy Against Financial Disaster: Bill Miller

Despite the market downturn of 2022, legendary value investor Bill Miller remains bullish on his two favorite investments: Amazon, and Bitcoin. In a recent interview, the former chief of Legg Mason called cryptocurrencies “misunderstood,” and referred to Bitcoin as an “insurance policy against financial disaster.” Remaining Patient Miller voiced his opinion on the market in conversation with Marvin McIntyre – Morgan Stanley’s Private Wealth Management managing director – at...

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