Crypto news

Mike Novogratz – a billionaire investor and former hedge fund manager – has always been there to defend bitcoin whenever it is acting crazy, but in a recent interview, he claimed that the world’s number one digital currency by market cap will never be used for payments. Mike Novogratz Says BTC Will Not Be Used for Payments This is likely going to come as a huge blow for bitcoin and crypto purists given that the asset and many of its altcoin cousins were initially set up...

Speaking to Anthony Pompliano during the 2021 Bitcoin conference, the Gemini founders, Tyler and Cameron Winklevoss noted that they are still BTC hodlers and pledged to hold at least until the price reaches $500,000. Additionally, they called the US dollar the “ultimately shitcoin.” The Winklevoss twins are among the most famous early BTC adopters, having purchased sizeable amounts in 2012. During the conference, the brothers said they firstly bought when the asset’s price...

A new report by financial giant JPMorgan says that the price of bitcoin – which has been on a serious downfall over the past few weeks – could drop a bit further before finally stabilizing. JPMorgan Offers Fresh Helping of Gloom and Doom for BTC The currency has been experiencing its worst period since first coming to fruition approximately 12 years ago. The asset ultimately rose to about $64,000 in mid-April, the highest point it had ever reached, though at press time,...

If Dorsey didn’t work on Square and Twitter, he would be doing something on the Bitcoin network, he said during the ongoing BTC conference. Additionally, he said that the primary cryptocurrency is the most important work in his lifetime. Speaking at the 2021 Bitcoin Conference, the CEO of Square and Twitter asserted that BTC “changes everything” for him as the freedom it represents draws him in the most. Moreover, he noted that “I don’t think there’s anything more important...

Bitcoin is trading more or less where it was a week ago, following another seven days of choppy price actions. This time, however, it seems that it was an event that propelled its most recent decline and the catalyst was no other but Elon Musk. Last weekend kicked off with a crash towards $33K on Saturday, followed by an increase and yet another decline to roughly around the same area on Monday. As the workweek began, the price started recovering, and it reached well over...

The last six weeks have been some of the worst bitcoin has ever experienced. Despite only being around for roughly 12 years, the world’s number one digital currency by market cap has seen its fair share of dark days and radical price changes. Last Month was the Worst Point in Time for Bitcoin Initially trading for about $64,000 per unit in mid-April, the asset hit a massive snag that late last week, saw it shed approximately $30,000 off its price. Today, the currency has...

Cryptocurrency gambling is getting more and more popular among casino fans. Bitcoin slot machine games are the top favorites among players. So, it is no wonder that leading online crypto casinos strive to expand their gaming lobbies with new titles. 7BitCasino regularly adjusts its online Bitcoin slots collection. Recently, they added several top-tier BTC slot games to their assortment. What Makes Online Bitcoin Slots So Popular The hype around crypto gambling is easy to...

During the ongoing Bitcoin 2021 conference, Michael Saylor spoke with long-time BTC proponent Max Keiser on why and how he started buying, the asset’s merits, and what cannot happen with it. Saylor, who has purchased tens of thousands of bitcoins for himself and the company he runs – MicroStrategy – in the past year, outlined his primary reason why he started purchasing. He was first offered bitcoin in 2014 when he skipped because he thought investing in stocks of “big tech...

With the largest Bitcoin conference to date taking place in Miami, CryptoPotato had the chance to speak with one of the most prominent BTC proponents – Max Keiser. During the interview, the host of the Keiser report talked about the remarkable difference between the first Bitcoin conference in Prague ten years ago, price movements, crypto sentiment, and more. What a Difference Ten Years Can Make Keiser, who has been among the most well-known BTC bulls for over a decade, spoke...

Bitcoin 2021, the biggest BTC-oriented conference so far, is taking place in Miami right now. Opening the event was, somewhat expectedly, the mayor of the city – Francis Suarez. Francis Suarez at Bitcoin 2021. Source: CryptoPotatoMayor Suarez spoke highly of Bitcoin and the entire movement of cryptocurrencies. He even compared them to what Miami is trying to achieve in becoming a technology hub. He said that many believe the current inflow of people to the city is mainly due...