Bitcoin

Popularly known as “Mr. Wonderful,” O’Leary was earlier skeptical about the crypto sector but he seems to have turned around on that thought.Shark jumps into BitcoinKevin O’Leary is the latest high-profile investor to do a 180-turn on Bitcoin. He revealed an investment into the...

Miami Mayor Francis Suarez addressed Treasury Secretary Yellen’s recent Bitcoin snub, saying he isn’t surprised she is hostile towards the leading cryptocurrency.Expanding further, he said Bitcoin’s separation from the state is why investors flock to it in the first place. And when asked about...

US bank Citibank said that macro conditions have created a “tipping point” for the world’s largest crypto asset.Opportunity and risksCitibank analysts said Bitcoin is poised to become the world’s “currency of choice” for global trade and that the asset has reached its “tipping point,”...

Bitcoin markets saw a drastic correction over the last week which carried over to the weekend. But data shows miners are buying.Miners buyingData on Glassnode showed miners sold hundreds of thousands of Bitcoin in the period from the last week of December until last...

London School of Economics teacher Jon Danielsson argues that Bitcoin and fiat currency cannot co-exist. Danielsson claims the concept of Bitcoin as money makes no sense. What’s more, should it ever succeed, he envisions a world of great inequality which, as he alludes to,...

To double its annual revenue by 2023 as planned, Twitter would need an increase from 43.7 billion recorded in 2020 to at least $7.5 billion. Twitter Inc (NYSE: TWTR) saw a 3.7% gain in its stock after the social media network announced plans to double...

Shortly after Klarna CEO Sebastian Siemiatkowski expressed his concern over tweets promoting Bitcoin, reports revealed that the SEC is investigating Musk over DOGE tweets.The price of DOGE has declined in reaction to the news that the US Securities and Exchange Commission (SEC) is currently...

Martin Lewis, the self-styled “Money Saving Expert” and champion of consumer affairs for the British public, held a poll asking his followers if they own Bitcoin. So far, less than a day in, and the results show almost three-quarters answered: “No, not planning to.” Source:...

Litigation law firm Ontier LLP has initiated legal action on behalf of self-proclaimed Bitcoin (BTC) creator Craig Wright to recover £3.5 billion (roughly $4.95 billion) worth of BTC, according to a document published yesterday.Essentially, the firm demands that “developers for BTC, BCH, BCH ABC...

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.BTC/USDBTC/USD opened the trading session of 24th February at 48,854 and after recording the first hammer-looking hourly candlestick continued upwards until 04:00 UTC. The pair continued...