Tag Archives: Bitcoin News

Crypto hedge fund manager Kevin Kang is not too happy with Elon Musk as of late. Kevin Kang Wishes Elon Musk Would Lighten Up The South African entrepreneur is known for his quick action on Twitter and other social media platforms regarding bitcoin and cryptocurrencies. As the leader of billion-dollar companies such as SpaceX and Tesla, Musk – in many ways – has had a lot of positive influence in the space. His purchase of more than $1.5 billion worth of bitcoin last...

Unchained Capital Inc. – a company that delves in crypto custody services and lending – has managed to garner a whopping $25 million in funding, bringing its overall valuation to an impressive $125 million. Unchained Capital Has Made a Lot of Money The round was headed by New York Digital Investment Group LLC, which has already pledged heavy support to Unchained over the past several months. The company had placed roughly $50 million into Unchained back in February and...

As we know by now, India is unaware of where it will be in a few years when it comes to cryptocurrency. However, it looks like many regulators are now potentially looking to oversee crypto activity within the country rather than outright ban it like everyone has feared over the past several months. India Can’t Decide Where to Go with Crypto India is presently setting up a panel of crypto experts who will discuss the regulation of crypto in the region. Artur Schaback –...

Getting a divorce is complicated. So is owning crypto. When you combine the two, there is a good chance you are going to be suffering from a few headaches here and there. Divorce Proceedings and Crypto Can Be a Hard Combo As more and more cryptocurrencies are bought by young married couples in America, the idea of splitting that crypto up can be rather difficult should that couple ever find themselves in divorce court – especially if one of those individuals tries to...

Bitcoin is popular, but it is not loved by everyone. One of the cryptocurrency’s latest doubters comes in the form of Pascal Blanque – the CIO of Amundi, which is the second largest asset manager in Europe – who in a recent interview, referred to the world’s primary digital asset as a “farce.” Pascal Blanque Doesn’t Care Much for BTC At a conference, Blanque called out bitcoin for being a disruptive tool in the world of finance. He says all it has done is make central...

Elon Musk is not as popular as he used to be. In fact, according to a new study, Musk is just about the most hated man right about now amongst crypto fans. Is Elon Musk the Most Hated Man in Crypto? The study was conducted by an analysis firm known as Awario. The enterprise has been monitoring the South African entrepreneur’s bitcoin tweets since late last year and has been studying how many people post negative and positive sentiment regarding his decisions and ideas....

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...

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,...

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...

In recent news, it was announced that China was initiating a crackdown on all bitcoin mining and related activity within its borders. Zhang Nangeng – the CEO of Canaan Creative, one of the largest mining companies in the world that happens to call China home – is now voicing his opposition to the move. Canaan Creative CEO Speaks Against a Mining Ban China has had a very up-and-down relationship with bitcoin and digital currencies in recent years. While the country...