Bitcoin had a rough 2022, but that hasn’t stopped high-ranking celebrities and investors from praising it. They feel that while bitcoin may have had a rough 12 months, things can always return to form, and they’re not turning their backs on the world’s number one digital currency by market cap yet. Bitcoin Is Still the Apple of Many Celebrities’ Eyes Bitcoin hit a new all-time high of about $68,000 per unit in November of 2021. Just a year later, the currency was trading...
Read More »Report: North Korea Has Made Off with More Than $1 Billion in Crypto
The top spy agency of South Korea stated its neighbor North Korea has stolen an estimated $1.5 trillion won worth of cryptocurrency funds over the past five years. This is equivalent to about $1.2 billion in USD. More than half of that money was stolen in the year 2022 alone. North Korea Is Still Stealing Crypto North Korea has long been in the habit of stealing digital currency and engaging in crypto hacks and related activities to garner the funds it needs to continue...
Read More »Calgary, Canada Refuses to Give Up on Crypto
2022 was a bad year for crypto. Bitcoin and many leading forms of digital currency have crashed, but that doesn’t mean all the crypto companies out there are turning their backs on their respective industries. Several companies in Calgary, Canada – like Bitvo Inc. – still believe crypto has a fighting chance, and they’re refusing to give up on this growing financial arena. Calgary Has Tried Hard to Incorporate Crypto Bitvo is a unique firm in that FTX – the now failed...
Read More »#1135 Bitcoin nochmal unter 20k, Genesis Insolvenz & Nexo 45 Mio SEC Settlement
1.) Bitcoin Might Fall Below $20,000 Before Bull Rally Resumes, Analyst Says https://newsbtc.com/analysis/btc/bitcoin-might-fall-below-20000/ 2.) Crypto lender Genesis files for Chapter 11 bankruptcy https://cointelegraph.com/news/crypto-lender-genesis-files-for-bankruptcy 3.) Nexo agrees to $45M settlement with SEC and states over earn product https://cointelegraph.com/news/nexo-agrees-to-45m-settlement-with-sec-and-nasaa-over-earn-product 📱Mein Telegram-Kanal für...
Read More »Argo Blockchain Sells Mining Facility to Galaxy Digital to Stay Afloat
Argo Blockchain – one of the largest and most powerful digital currency mining enterprises in the world – has announced a new plan that will allow it to avoid bankruptcy and become another company that falls victim to the ongoing bear conditions of the crypto arena. Argo Blockchain Won’t Have to File Bankruptcy Argo has agreed to sell its bitcoin mining facility (called Helios) for $65 million to Galaxy Digital, the hedge fund managed by Mike Novogratz, a billionaire...
Read More »Aggrieved Customers Serve $2M Lawsuit to Compass Mining for Failing to Return Their Bitcoin Mining Machines
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Read More »Paul Krugman Isn’t a Fan of Either BTC or Elon Musk
Paul Krugman – a Nobel Prize-winning economist – recently published a piece saying that Tesla stock is a lot like bitcoin. He also commented that the CEO of Tesla – Elon Musk, who is a big crypto fan and has since gone on to purchase Twitter – couldn’t be trusted to “feed his cat.” Paul Krugman Isn’t Crazy About Either Musk or BTC The bitcoin-Tesla comparisons came given that both assets have plunged heavily following solid jumps in late 2021. Bitcoin, during that time,...
Read More »MicroStrategy Sells Some BTC… Then Turns Around and Buys More
MicroStrategy – the famed software giant turned institutional bitcoin bull – has done something many of us thought it incapable of doing: it’s selling some of its bitcoin. MicroStrategy Sells, Then Buys, BTC MicroStrategy announced it had sold some of its BTC reserves on December 22, 2022. The company says it did so for tax purposes, but that it’s also going to use some of the proceeds to purchase additional bitcoin, suggesting that while executives are arguably trying...
Read More »#1134 3AC Gründer GTX, Kevin O’Leary & SEC Krypto Ansturm beginnt erst
1.) 3AC-Gründer arbeiten an neuem Krypto-UnternehmenNach der Pleite von 3AC arbeiten die Gründer Zhu Shu und Kyle Davies zusammen mit CoinFlex an einem neuen Unternehmen (GTX). Es soll Gläubiger von insolventen Unternehmen entschädigen.https://www.btc-echo.de/schlagzeilen/3ac-gruender-arbeiten-an-neuem-krypto-unternehmen-158191/ 2.) ‚There will be many more zeros‘ — Kevin O’Leary on FTX-like collapses to comeThe Shark Tank star said all unregulated exchanges are seeing...
Read More »Bitcoin Price Analysis: BTC Rally Could Extend Above $22K
Bitcoin price started a fresh increase from the $18,750 zone against the US Dollar. The price is now trading above $20,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $20,950 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $20,000 resistance zone. Bitcoin price is rising above $20,000 against the US Dollar. BTC might extend gains if...
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