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Tag Archives: Cryptocurrency News

Co-Founder of Satoshi Nakamoto Institute Blasts Warren Buffett for Hoarding $128 Billion

Warren Buffett’s Berkshire Hathaway is sitting on a massive cash stockpile. Pierre Rochard criticizes the billionaire investor for his strategy of waiting for the value of the U.S. dollar to rise. According to Rochard, Buffett’s strategy is no different from bitcoin HODLers. The Oracle of Omaha, Warren Buffett, has been recently grabbing headlines because of his enormous cash position. As of early November, Buffett’s Berkshire Hathaway is sitting on $128.2 billion in cash. Analysts...

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RRMine Expressed Its Ambition to Be the Largest Cloud Hashrate Platform

From October 26 to 31, 2019(PST), a series of activities was organized in the framework of the Vegas Blockchain Week and World Crypto Conference 2019 (WCC 2019)  hosted in Las Vegas, USA. RRMine North America team was among the participants of these important events and had an opportunity to present its platform and share its views on the state of the mining industry in a public speech and a number of interviews. RRMine’s VisionYung Cheng Tsou, RRMine Global CEO, said that their goal and key...

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Bitcoin Hit $20K in 2017 from Manipulation by One Single Market Whale

Most of the crypto community, especially Bitcoin hodlers, are almost always hoping for a spike like the one that happened in 2017, which saw the king coin hit its current all-time high of $20,000. Even though a terribly bearish market followed some months after, the spike is still often referred to as not just a game-changer, but a point where Bitcoin needs to reach again, to break out of its frequent periods of disappointing consolidation. However, some analysts have suggested that the...

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Crypto Exchange DX.Exchange Controversially Shuts Down Citing Operational Costs

DX.Exchange is suspending its services. The company’s board is looking for an acquisition or merger. DX.Exchange has been linked to a scam. DX.Exchange announced that it would be halting operations due to economic reasons. DX.Exchange Shuts Down In a blog post, DX.Exchange informed its users that the operational costs of running the cryptocurrency exchange led the firm’s board of directors to suspend its services temporarily. Meanwhile, the digital assets exchange will be looking to...

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Craig Wright Sets Kleiman Case Back as He Declares He Can’t Pay Settlement

One of the most popular court cases in the crypto industry is the one between the Kleiman estate and Bitcoin SV founder, Craig Wright. The case, however, took a new turn recently, when a certain document filed on Oct. 30 in the Southern District of Florida, revealed that Wright has pulled out of the settlement already negotiated, claiming that he’d be unable to finance it.Before now, the plaintiffs had somewhat suspended active pursuance of the case because it had already begun to focus more...

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Bitfinex Sparks Controversy Allegedly Manipulating $20,000 Bitcoin Price High

Bitfinex, which shares co-founders with the Tether stablecoin, is once again attracting controversy over the manipulation of the Bitcoin price. Per a paper published by the University of Texas Professor John Griffin and Ohio State University’s Amin Shams, Bitcoin’s run to a record high near $20,000 in 2017 was caused by a single market whale. Bitfinex whale manipulating Bitcoin price surges Initially reported by Bloomberg, the paper, which is an update on an earlier one by the same...

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#741 BTC auf Lehrplan in Frankreich, Bitcoin ist kein Geld & Craig Wright kann Einigung nicht bezahlen

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 741. Heute geht’s um folgende Themen: Bitcoin im Schulunterricht – Frankreich setzt BTC auf den Lehrplan, England sagt Bitcoin ist kein Geld & Craig Wright kann Einigung im Kleiman Bitcoin Prozess nicht bezahlen. 1.) Bitcoin im Schulunterricht – Frankreich setzt BTC auf den Lehrplanhttps://cryptomonday.de/bitcoin-im-schulunterricht-frankreich-setzt-btc-auf-den-lehrplan/ 2.) Bitcoin ist kein Geld!...

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Bitcoin, Ethereum and XRP Prepare for Volatility; Bullish or Bearish?

Bitcoin and Ethereum are consolidating within a narrow trading range. Bitcoin may have resumed its macro-uptrend, said a renowned technical analyst. XRP prepares for a major event that could trigger an increase in demand. Last week, the total crypto market capitalization surged over 40% to reach a high of $267 billion. During this time, approximately $77 billion was injected into the market. Bitcoin jumped over 42% while Ethereum and XRP rose nearly 30%. Despite the bullish impulse,...

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Why Bitcoin Has Outperformed Gold Every Single Year Since 2011

Bitcoin, also known as “digital gold,” has outperformed gold every year since 2011. Given the large discrepancy in the market capitalization between bitcoin and gold, bitcoin has more potential to grow over the short to medium term than gold. So far into 2019, contrary to popular belief, bitcoin has failed to demonstrate the characteristics of a safe-haven asset. According to OnChain Capital founder Ran NeuNer, bitcoin, sometimes described as “digital gold,” has outperformed the...

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Crypto Pioneer Gifts Bruce Willis with Bitcoin in Gold-Plated Wallets

Crypto entrepreneur Bobby Lee has gifted Bruce Willis some bitcoin in Ballet wallets. The digital coins were handed to him as Christmas gifts for his daughters. Crypto investors and celebrities invested in digital currencies are increasing awareness efforts. Action movie star Bruce Willis has received a surprise gift after bumping into bitcoin crusader, Bobby Lee. Lee is the CEO and co-founder of BTC China. His company, BTCC, was founded in 2011 and is credited as the first bitcoin...

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