Tag Archives: Bitcoin News

2023 has been a year of great turnaround for bitcoin and analysts are wondering why. Bitcoin Has Seen a Lot of Change This Year For one thing, it appears macroeconomic conditions have loosened up somewhat. While many financial experts still see an economic downturn happening towards the end of the year, talks of a recession of somewhat subsided. Still, things are shaky enough (with bank failures and what not) that people have looked to bitcoin and similar assets...

Crypto firm Bitcoin Suisse is confident another big bull rally is coming for bitcoin, and it wants to be prepared. It’s now reinventing itself as the ultimate “crypto asset manager” and trying to market its services to high-net-worth individuals that have a lot of digital currency to their names. Bitcoin Suisse Sees a Huge Rally Coming Banking veteran and chief executive of Bitcoin Suisse Dirk Klee said in a recent interview that the recent washout of bad actors –...

The price of bitcoin fell as much as five percent at the end of June and briefly dipped below $30K (where it had been for the past few weeks) before rebounding. The reason? The Securities and Exchange Commission (SEC) decided to pass up on the present versions of the BlackRock and Fidelity bitcoin-based exchange-traded fund (ETF) applications. The SEC is Again Disapproving a Bitcoin ETF The news might seem rough at first, though there’s still room to get things...

Peter Schiff is not entirely for crypto, nor is he entirely for gold. Rather, he’s for a combination of the two. In other words, the big financial answer to everybody’s problems is gold-backed crypto stationed on the blockchain. Peter Schiff on Gold and Crypto Schiff said in a recent interview that blockchain could make precious metals even stronger than they are presently. He’s not exactly a bitcoin fan, going so far as to say that bitcoin (by itself) is nothing...

While bitcoin has undoubtedly garnered huge legions of fans over the years, there are several individuals that still fall into the “hater” category. People like Warren Buffett and Charlie Munger check the “hater” box when it comes to bitcoin sentiment, and now, Ratan Tata – one of the world’s wealthiest people – is going to join them. Ratan Tata Doesn’t Hold Any Ties to Crypto Tata recently gave an interview about why he doesn’t care for bitcoin and why he doesn’t...

A group of lawmakers in Canada is calling for full-on regulation of the crypto industry. Will Canada Regulate Crypto? In a recent report, the lawmakers wrote: While many emphasized Canada’s strong regulatory safeguards, such as provincial securities regulation and federal anti-money laundering and anti-terrorism financing obligations, witnesses stated that governments need to partner with industry to better understand this rapidly evolving sector and enact...

Tom Lee of Fundstrat fame is at it again. This time, he’s commenting in a recent interview that the price of bitcoin could reach a whopping $200,000 in the next few years, though he didn’t give a specific date this time around. Tom Lee: BTC is Going to $200K In the discussion, Lee said he’s been following Cathie Wood. Not long ago, the main madam behind Ark Invest said she thinks bitcoin could reach a price that surpasses the million-dollar mark in the next seven...

Wyoming, despite its lack of a population, has been on a mission to become one of the most – if not the most – crypto-friendly regions known to man, and thus far, it’s succeeding. Wyoming Still Loves Crypto Over the past seven years, Wyoming has passed more than 30 crypto-based laws designed to regulate the industry, grow innovation, and make things safer. Steve Lupien – director of the Center for Blockchain and Digital Innovation at the University of Wyoming –...

Did China offer a bitcoin bounty to have an Australian human rights activist killed? That’s the narrative according to Drew Pavlou, the man allegedly at the center of the “digital attack.” Drew Pavlou was on China’s Hit List Pavlou has been advocating for human rights in his native Australia for many years. He always thought he was doing the right thing and that his actions would lead him down a positive, cheerful path, but now, it appears he’s angered some people...

Not everybody likes bitcoin. We know that already. There are several people out there (like Warren Buffett and Charlie Munger) that have nothing nice to say about it, while others simply cannot understand why it has fans or why some feel it has value. One of those people is Seth Klarman. Seth Klarman Ain’t a Bitcoin Fan As the co-founder of the Boston-based hedge fund Baupost Group, Klarman recently gave an interview and stated: I’ve tried hard to understand the...