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Tag Archives: Bitcoin News

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...

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#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...

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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...

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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,...

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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...

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#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...

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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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Andy Yen Is in Favor of Crypto Regulation

Andy Yen is the CEO and co-founder of Proton, a privacy-centered organization that seeks to provide a whole new (autonomous) version of the Internet. Yen Wants to See Change in the Crypto Space In a recent interview, he gave his thoughts on bitcoin, crypto, and what traders can expect in terms of legislation and what the space will hold. In the past, Yen has gone on record about being a bitcoin and crypto supporter. Right now, bitcoin is only accepted as a form of...

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Gold Is Making Bitcoin Look Pretty Bad

It appears bitcoin is taking another beating, only this time, it’s from its rival gold. The precious metal has long been considered a solid commodity and a hedge against a wide array of economic problems and similar troubles, but it looks like the asset has recently hit a new six-month high and is now trading for more than $1,800. Bitcoin Keeps Suffering While Gold Is Jumping This is not necessarily good for bitcoin because it’s done nothing but taken serious plummets...

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