Tag Archives: Bitcoin News

[embedded content] 1.) Bitcoin steps out of ‚Fear‘ for the first time in nine monthsThe Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.https://cointelegraph.com/news/bitcoi… 2.) Bitcoin Disciples: Only 43.5 Million Own The Crypto Globally, Study Shows https://newsbtc.com/all/bitcoin-only-… 3.) Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‚It Will Undermine Authority of...

Despite everything that’s happened in 2022, Mark Cuban is doubling down on his love of bitcoin and says he’s hoping to purchase more of the world’s number one digital currency by market cap should it drop even lower. Mark Cuban Doesn’t Like Gold That Much 2022 was a rough year for bitcoin and the crypto space. Bitcoin fell by more than 70 percent in value and ended the year trading in the high $16,000 range. This is way off the mark from the $68,000 per unit that it...

2022 was a year of loss, and many crypto billionaires – from Changpeng Zhao of Binance fame to the Winklevoss Twins who run the Gemini exchange – have lost a ton of money. So much in fact, that in just nine short months, many of them have seen their net worth virtually collapse – in some cases, to zero. Changpeng Zhao and Others Have Lost Tons of Money Changpeng Zhao, for instance, had a net worth of approximately $65 billion in March of last year. By the end of...

Australian law enforcement agents are claiming that crypto has become the number one go-to tool for those looking to commit money laundering or financial fraud. Australian Authorities Issue Crypto Warning Senior executives of the Australian Transaction Reports and Analysis Center (AUSTRAC) claim crypto has become part of the “money laundering tool kit,” and that using digital currency technology to sneak and hide funds from prying eyes has become standard behavior in the...

Warren Buffett is telling all his followers that buying bitcoin or gold during times of war is a terrible mistake. He is telling them all to avoid these assets and to avoid hoarding cash and to put all their money into stocks, as these are the only safe assets that can assuredly build wealth in the long-term. Warren Buffett: Stocks Are the Only Answer Buffett has never been a big bitcoin fan. He has often referred to it as “rat poison squared” and applied other...

Shaktikanta Das – the governor of India’s central bank – says that the 2008 financial crisis could happen all over again if people don’t start cracking down on the world’s leading digital currencies. He says another financial disaster is right around the corner, and a lot of it will likely be attributed to bitcoin and its altcoin cousins. Shaktikanta Das Is Not a Crypto Fan In a recent interview, Das said: Our view is that it should be prohibited because if you try to...

[embedded content] 1.) Crypto.com CEO announces 20% staff cut, ‚did not account‘ for FTX collapse„While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds. “https://cointelegraph.com/news/crypto-com-ceo-announces-20-staff-cut-did-not-account-for-ftx-collapse 2.) Miss El Salvador Features Bitcoin in Miss Universe...

There is good news and bad news surrounding bitcoin. The good news is that its next major rally is believed to be about six months away according to analyst Katie Stockton. The bad news is that the world’s number one digital currency by market cap is likely to endure a few more hectic drops before this rally occurs. In fact, she is confident that at one point, bitcoin will fall below the $14K mark. Katie Stockton on the Fate of Bitcoin We are now in the early stages of...

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Senator Sherrod Brown – an Ohio democrat – says he thinks agencies such as the Fed need to examine bitcoin following the collapse of the FTX exchange and possibly ban it to make sure that what happened with the trading platform never happens again. Senator Sherrod Brown Thinks We Should Do Away with BTC As the chairman of the Senate Banking, Housing, and Urban Affairs Committee, Brown said the Treasury and all other financial agencies in the U.S. need to work together to...