Bitcoin (BTC)

Poor Michael Saylor. As if the man doesn’t have it bad enough. Michael Saylor Has Serious Tax Woes Not long ago, the billionaire investor and CEO was ousted by his own company after more than 30 years in a top executive position following his many bitcoin-related decisions… Decisions that ultimately put the company in heavy loss positions. Saylor was downgraded from CEO to executive chairman. The move would allegedly permit Saylor to focus purely on bitcoin in the...

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As the British pound rapidly weakens against the U.S. dollar, trading volume for the BTC/GBP pair has been skyrocketing.  Data from Bitfinex and Bitstamp shows that volume was more than 1,100% above its average on Monday.  Brits Turning to Bitcoin? As shared by CoinShares Head of Research James Butterfill, BTC/GBP volume on September 26th soared to over $881 million. By contrast, the average daily volume is only about $70 million over roughly two years. This comes after the...

A new study published Tuesday by the Cambridge Center for Alternative Finance (CCAF) shows that almost 62% of Bitcoin’s total energy consumption since January 2022 was generated from fossil fuels. This means renewable sources only amounted to 38% of the total energy consumed by BTC miners this year.  As a Proof-of-Work (PoW) blockchain, processing and validating BTC transactions (mining) requires high computational power and solving mathematical puzzles with powerful...

Intervention de Jonathan Herscovici, CEO de StackinSat, lors de la conférence Surfin’Bitcoin 2022. A lire également : Surfin’ Bitcoin 2022, post-mortem

Crypto.ro managed to film for 60 minutes in front of the New York Stock Exchange on Wall Street. The Romanian team from Crypto.ro filmed near the famous Bull in front of the New York Stock Exchange, content for the Crypto.ro Academy, a financial education project in the crypto field that will be launched on October 11. The platform, which will be available in Romanian and English, will be accessible anytime, anywhere and will provide detailed information about...

The Al Jalila Foundation – which is a member of the Mohammed bin Rashid Al Maktoum Global Initiatives – has announced that it’s received a crypto donation exceeding $16 million. Not only is this a huge number, but it’s also the first digital currency donation the organization has ever received. The money will go towards supporting the Hamdan Bin Rashid Cancer Charity Hospital. Al Jalila Accepts Major Crypto Donation Dr. Abdul Kareem Al Olama – the CEO of the Al Jalila...

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ADA price seems to be forming a support base above the $0.435 level against the US Dollar. The price is now trading above $0.45 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.468 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.468 and $0.480 levels. Cardano price is showing positive signs above $0.450 against the US Dollar, similar to bitcoin. ADA...

Shares of the Grayscale Bitcoin Trust (GBTC) have never been cheaper relative to the value of the company’s underlying Bitcoin holdings. The GBTC discount has gone below 35% again for the first time since June. While the company’s holdings per share are worth $17.27, the market value of each share is only $11.18.  Figures for calculating the discount are publicly available on Grayscale’s website. As is displayed, GBTC share prices were down 4.77% on Monday, versus a mere...