Bitcoin (BTC)

Anthony Scaramucci – the man behind Skybridge Capital and a former employee in the Trump administration – said in a recent interview that despite the recent crash, he’s confident bitcoin is in a good place. Anthony Scaramucci on the State of BTC He says bitcoin is going to experience a “demand shock” in the coming months, meaning everyone is going to want in again and the price of the asset could spike like nobody’s business. He’s confident the currency is going to make...

Alex Adelman – the founder and CEO of bitcoin platform Lolli – sat down to discuss the state of the bitcoin industry. He talked about recent rallies and how people can earn bitcoin while shopping. Alex Adelman Discusses Crypto When talking about how his own company has fared throughout the recent crash, Adelman said: People right now are looking to save money wherever they can. We’ve created the easiest way for them to save money in the form of bitcoin. So, we’ve...

The demand and interest in bitcoin seem to be further fading among retail investors, at least according to data from Googe Trends. At the same time, the searches for the upcoming Ethereum Merge event have skyrocketed to a new all-time high days before the blockchain’s transition to PoS. No Searches for Bitcoin Google trends data shows the behavior and interest of retail investors as they tend to inquire about certain investments on the world’s largest search engine. The rule...

After the recent volatility, bitcoin seems calmer today but still stands tall above $21,000. Tezos is among the best performers from the mid-cap alts, while Ethereum continues to march towards $1,800 ahead of the long-anticipated Merge. Bitcoin Saw New Weekly High The primary cryptocurrency had a tough week as it plummeted to a six-week low in the middle of it at just over $18,500. This continued the recent trend of losing a lot of value since it dumped below $20,000 at the...

The battle for a crypto-based exchange-traded fund (ETF) is still occurring, and now it looks like Charles Schwab – one of the world’s largest financial institutions – is getting involved and earning a few winning marks in the process. Charles Schwab Is Getting Involved in Crypto Not long ago, Charles Schwab Asset Management announced plans for what it’s calling the Schwab Crypto Thematic ETF (STCE). The product will allow investors and clients of the institution to gain...

The first iteration of The Bitcoin Academy – Jack Dorsey and Jay Z’ (Shawn Carters) ‘s Bitcoin education program – has come to a close. After 12 weeks, the initiative ended by airdropping $1000 in Bitcoin to all participants who opted to receive a grant.  Jack and Jay Z’s Parting Gift As reported by Business Insider, the entire program, including the final airdrop, was personally funded by both Jay-Z and Jack Dorsey. Though it’s unclear exactly how many people received the...

As the crypto space continues to crash and burn, many lawsuits from unhappy investors that have likely lost thousands or even millions of dollars in the past few months are beginning to pile up. One of the most recent lawsuits to come to light is against Mark Cuban, a billionaire investor and crypto bull, and the basketball team he owns, the Dallas Mavericks. Mark Cuban May Be Headed for Court The team and Cuban are being sued for their promotion of Voyager Digital, a...

The White House Office of Science and Technology Policy (OSTP) has released a report examining the connection between distributed ledger technologies (DLT) and climate change.  The office determined that crypto’s relationship with the environment is a mixed bag. While acknowledging the positive impact that mining can have on grid stability and renewable development, it can also exacerbate “environmental justice issues” due to greenhouse gas (GHG) emissions and other...

Bitcoin doubled down on its recent gains by surging to a new two-week high above $21,500. Most altcoins are also in the green once again, with ATOM, XLM, and ICP standing out as the best performers. Bitcoin Saw New Weekly High The start of the month brought a lot of pain to the bulls as bitcoin fell below the coveted $20,000 and was unable to reclaim it. The situation worsened a few days ago when the cryptocurrency suddenly dumped to a six-week low of $18,500. However, it...

The largest corporate bitcoin holder has filed a new filing with the US Securities and Exchange Commission that will essentially allow it to purchase more BTC for up to $500 million. The news comes as the cryptocurrency surged past the $20,000 level and jumped to a new two-week high. The filing with the securities regulator shows that MicroStrategy plans to sell up to $500 million worth of its stock for “general corporate purposes, including the acquisition of bitcoin.”...