On 23rd September, Santiment crypto data firm tweeted that whales are holding bitcoin. The whale dormancy comes after a pump and dumps scenario on 7th august when BTC lost 15%. While they remain inactive, there are calls for more regulations focused on the crypto whales. BTC Whales are Holding According to a tweet by Santiment… Continue reading Whales Holding Bitcoin (BTC) After Pump and Dump Signals, Santiment Data Shows
Category: Bitcoin
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Is Biden Nominating a Potential Communist to the OCC?
Saule Omarova (pictured right), was granted The Lenin Personal Academic Scholarship in 1989 while studying philosophy at the Moscow state university, then flew out to the United States as a Visiting MacArthur Scholar in 1995 at the Center for International Security and Arms Control of Stanford University. She hardly stayed there, studying a doctorate in… Continue reading Is Biden Nominating a Potential Communist to the OCC?
Tom Brady Open to Receiving Salary in Bitcoin (BTC), Ether (ETH) or Solana (SOL)
On 21st Sep 2021, Tom Brady took to his official Twitter account to post a podcast where he said he was open to receiving part of his salary in crypto. He also added that due to the revolution in the digital era, he sees a world where athletes receive payment in crypto. Tom Brady is… Continue reading Tom Brady Open to Receiving Salary in Bitcoin (BTC), Ether (ETH) or Solana (SOL)
Why This Bitcoin Investor Believes Q4 2021 Will Produce The Most 'Crypto Millionaires'
For new market entrants, the bullish sentiments aired by Bitcoin proponents may present themselves as foreign, but old market players are aware of the historic price patterns of Bitcoin and are almost certain that September is just a bearish bluff. The bull run is nowhere near over In a thread that thoroughly echoes the sentiments… Continue reading Why This Bitcoin Investor Believes Q4 2021 Will Produce The Most 'Crypto Millionaires'
DeFi Platform pNetwork Lost $12 Million Wrapped BTC to Hackers
Hackers exploit pNetwork and makes away with $12M in wrapped BTC (pBTC). Platform says bug only affected the BSC Bridge, offers hacker $1.5 million for returning funds. Affected users to be compensated. Bitcoin wrapping DeFi platform pNetwork announced late Sunday that a hacker exploited its codebase and made away with 277 pBTC ($12 million wrapped… Continue reading DeFi Platform pNetwork Lost $12 Million Wrapped BTC to Hackers
Sovryn Is Taking Bitcoin To The Forefront Of DeFi
The inception of Bitcoin by Satoshi Nakamoto over a decade ago, blockchain technology has advanced by leaps and bounds. What initially started with a vision of creating decentralization has advanced far beyond anyone could have initially thought possible. Since then, major innovations have come through in various forms and many industries outside of traditional finance… Continue reading Sovryn Is Taking Bitcoin To The Forefront Of DeFi
Does Bitcoin Founder Satoshi Nakamoto Deserve A Nobel Prize?
Satoshi Nakamoto’s invention of Bitcoin is undoubtedly one of the most profound inventions of the 21st century. The encompassing nature of his invention has seen individuals advocate on his behalf that he deserves a Nobel Prize. His mysterious nature and stringent rules may put a dent in his chances at getting the Nobel Prize. Alfred… Continue reading Does Bitcoin Founder Satoshi Nakamoto Deserve A Nobel Prize?
El Salvador Buys the Dip as Bitcoin (BTC) Falls to $45k
President Nayib Bukele of El Salvador has announced via Twitter on September 20, 2021, that the country has purchased an extra 150 BTC, taking its total bitcoin holdings to 700. El Salvador Buys the Dip Despite the backlashes, protests, and negative energy that has plagued El Salvador’s bitcoin adoption journey in recent weeks, it appears… Continue reading El Salvador Buys the Dip as Bitcoin (BTC) Falls to $45k
The Imminent Bitcoin Spike To Watch Out For In The Long Term
Market players predicted that September would see bitcoin take a hit and stir major price dips. The market did follow the predicted pattern, as a major sell-off hit the market with bitcoin and altcoins shaving off significant gains. Even though September showed itself to be highly promising, as Bitcoin restarted $50,000 on multiple occasions, the… Continue reading The Imminent Bitcoin Spike To Watch Out For In The Long Term
Revolut Bitcoins
One of the biggest stocks and crypto trading app, with some 15 million customers, has bought an undisclosed sum of bitcoin to pay for office space (pictured). The company said: “Revolut will take space for more than 300 employees at WeWork 6900 Dallas Parkway in Dallas, the hub for the company’s U.S. expansion. Revolut will… Continue reading Revolut Bitcoins
As Bitcoin Struggles To Reclaim $50k, This Bloomberg Analyst Tells Why He Still Has Eyes Peeled For $100,000 In 2021
Bloomberg Intelligence Analyst McGlone believes Bitcoin will reach $100,000 in 2021, with supported factors such as increased adoption, past BTC trading trends, and Bitcoin’s declining supply. “Can bitcoin reach $100,000 in 2021? Five charts show potential- Past bitcoin trading trends and the crypto’s declining supply vs. mainstream adoption suggests a significant advance in 2021, potentially… Continue reading As Bitcoin Struggles To Reclaim $50k, This Bloomberg Analyst Tells Why He Still Has Eyes Peeled For $100,000 In 2021
Shark Tank Star Predicts Bitcoin ETFs Will Lead to Trillion Dollar Inflow
Celebrity investor Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“) recently predicted that a trillion dollars could flow into Bitcoin with the approval of an exchange-traded fund (ETF). Speaking in an interview with CNBC, O’Leary said the U.S. Securities and Exchange Commission (SEC) approving a Bitcoin ETF could lead to “another trillion dollars”… Continue reading Shark Tank Star Predicts Bitcoin ETFs Will Lead to Trillion Dollar Inflow
Institutional Investors Allocating 5% Of Funds Towards Bitcoin Will Easily Take BTC Past $500k — Cathie Wood
Key takeaways Cathie Wood sets Bitcoin price target for $500,000 within the next 5 years. The target is hinged on growing institutional investment in Bitcoin. Data continues to support growing institutional interest in Bitcoin. Cathie Wood, the CEO of ARK Invest, has set her price target for Bitcoin to reach $500,000 within the next 5… Continue reading Institutional Investors Allocating 5% Of Funds Towards Bitcoin Will Easily Take BTC Past $500k — Cathie Wood
Kevin O'Leary Slams Ether's Speed, Says It's Not Just About Bitcoin And Ethereum Anymore
Kevin O’Leary aka Mr. Wonderful Slams Ethereum’s Speed, Says it’s Not Just About Bitcoin and Ethereum Anymore Shark Tank star Kevin O’Leary believes Ethereum’s speed is “too slow” for users, and expects more advanced chains would emerge to address this issue. O’Leary also hinted at the SEC’s move to warn Coinbase over a yet-to-be-launched lending… Continue reading Kevin O'Leary Slams Ether's Speed, Says It's Not Just About Bitcoin And Ethereum Anymore
Russia Says It Has No Plans To Accept Bitcoin As Currency
The Kremlin has stated in unequivocal terms that it isn’t ready to accept Bitcoin as legal tender. A spokesman for the government, Dmitry Peskov noted that “pseudo currencies can cause harm” to the financial system. Russia has endured a rocky relationship with cryptocurrencies, formerly barring public officials from owning them. Europe’s largest country, Russia has… Continue reading Russia Says It Has No Plans To Accept Bitcoin As Currency
Bitcoin Set To Become Legal Tender In Ukraine — Crypto At The Top Of Its Financial Agenda
Key takeaways Ukraine is likely to become the next country to adopt Bitcoin as legal tender. Number of countries giving cryptocurrencies legal status is growing after El Salvador adopts Bitcoin. Bitcoin is becoming more of a global phenomenon as more countries are paying attention to adopting it as a currency standard. According to experts, Ukraine… Continue reading Bitcoin Set To Become Legal Tender In Ukraine — Crypto At The Top Of Its Financial Agenda
Interactive Brokers Launches Bitcoin, Ethereum, Litecoin and BCH Trading
Interactive Brokers (IBKR), one of the biggest and oldest stock trading terminal, has launched spot bitcoin trading in addition to eth, litecoin and bitcoin cash. The service is currently limited to US customers and is offered through the Paxos Trust Company with it charging a fee of just 0.12% – 0.18% of trade value, depending… Continue reading Interactive Brokers Launches Bitcoin, Ethereum, Litecoin and BCH Trading
Bitcoin (BTC) Fails to Recover Above $45K While Several Altcoins Defy Market-wide Slump
The BTC price struggles to reclaim the $45K level after sliding from a local high above $46K over the weekend. Bulls are still struggling to recover from a recent flash crash that took the coin towards $42K on El Salvador’s “Bitcoin Day.” These Altcoins Moved against the Market Slide Data from crypto monitoring website Santiment… Continue reading Bitcoin (BTC) Fails to Recover Above $45K While Several Altcoins Defy Market-wide Slump
Microstrategy Buys $240 Million Bitcoin
Publicly listed Microstrategy has bought $242 million worth of 5,005 bitcoins according to its CEO Michael Saylor. Saylor said the coins were bought at an average price of $48,000, so it would have been during bitcoin’s recent dip from $51,000. Bitcoin rose today back to $46,000 from $44,000 with this announcement seemingly contributing to its… Continue reading Microstrategy Buys $240 Million Bitcoin
El Salvador Offers Tax Exemptions to Bitcoin (BTC) Investors
Authorities in El Salvador have revealed that bitcoin (BTC) and other cryptocurrency investors in the region will not be required to pay any form of taxes on their digital asset holdings even when they make huge profits. The move is part of ongoing plans to make the nation a hotbed for foreign crypto investors. El… Continue reading El Salvador Offers Tax Exemptions to Bitcoin (BTC) Investors
Mixed Signals: Proponents Can't Tell If Bitcoin's Usual September Bear Storm Will Be Different This Time
Bitcoin has always underperformed in September over the years and if history repeats itself, BTC might be looking at another bleak month again. So far, the asset has surged past $45K as we near the first twelve days of September which indicates a potential reversal from the historical trend. Since 2013, Bitcoin has only recorded… Continue reading Mixed Signals: Proponents Can't Tell If Bitcoin's Usual September Bear Storm Will Be Different This Time
The U.K. Post Office to Facilitate Bitcoin (BTC) Purchases on Swarm Markets
The U.K. Post Office has announced it will offer BTC and other cryptocurrencies via its EasyID app starting next week. The mobile app typically serves as a means for users to verify their age and identity while accessing online services. Opening Up DeFi to More Folks Now, U.K residents will be able to purchase crypto… Continue reading The U.K. Post Office to Facilitate Bitcoin (BTC) Purchases on Swarm Markets
ARK Invest CEO Cathie Wood Schools Gold Bugs on What Bitcoin Really Is
Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), said in a recent interview that gold bugs don’t understand the value of investing in Bitcoin. Wood told Yahoo! Finance in an interview that fans of gold fail to understand Bitcoin’s value beyond being a store-of-value asset. As reported by the… Continue reading ARK Invest CEO Cathie Wood Schools Gold Bugs on What Bitcoin Really Is
Standard Chartered Takes More Bullish Stance On Ethereum Than Bitcoin, Predicts ETH At $35,000
Ethereum is highly likely to increase 10x from its current price range compared to Bitcoin’s likelihood of increasing by only 3x, according to a new crypto report by European international banking giant Standard Chartered. The report puts Standard Chartered’s valuation of Ethereum between $26,000 and $35,000 and bitcoin between $50,000 and $175,000. Led by Geoffrey Kendrick,… Continue reading Standard Chartered Takes More Bullish Stance On Ethereum Than Bitcoin, Predicts ETH At $35,000