Softbank CEO sold Bitcoin at a $130m loss after getting “too distracted”
Masayoshi Son’s not having the greatest of years in recent times. His storied $50 billion venture fund saw massive losses in 2019, with budding startups WeWork and Uber seeing devaluations of billions of dollars on their mark up prices.But Son’s personal investments didn’t do...
American Rapper Logic Invests $6M in Bitcoin
Bitcoin has rallied approximately 124.3% in the past one year and is now up 17.4% and 12.3% in the past two weeks and seven days respectively.
30-year-old American rapper Sir Robert Bryson Hall II alias Logic has joined a list of celebrities who have invested...
OKB Coin Price Jumps 11% on Rumors of OKEx Founder Release by Chinese Authorities
The rumors of OKEx founder’s release brings some optimism back to the Chinese crypto market as the OKB Coin clicked $143 million volumes on Wednesday. It’s not clear whether this is a conditional bail or the end of the investigation.The latest rumors in the...
Mexico’s Second Richest Man Keeps 10% of His Liquid Assets in Bitcoin
Pliego clarified that his investment is worth $13.8 billion. Gauging from his investment projections, he is holding Bitcoin valued at almost $1 billion.Mexican billionaire Salinas Pliego is the latest uber-rich person to reveal his assets in Bitcoin. Bloomberg’s Billionaire Index recently ranked Ricardo, whose...
Holiday Gift Card Shopping with Crypto Payment Methods
Online cryptocurrency platforms have made it easy for customers to purchase well-known retail gift cards.
With the holiday season just around the corner and Covid making Christmas extra digital this year, gift cards will be in high demand. However, wanting to pay in a certain...
Crackdown in China Could Be Reason behind Bitcoin (BTC) Price Surge Above $18,000
Singapore-based trading firm QCP Capital notes that Chinese miners are facing major liquidity issues and unable to sell their holdings due to government crackdown on exchanges. This gap in demand and supply has triggered the latest BTC price rally.While there have been multiple theories...
China state TV once again shills Bitcoin to millions upon rally to $18,000
Bitcoin has been on a tear over the past month, rallying from the low-$11,000s to highs around 36 hours ago at $18,500. This move has been marked by an uptick in mentions of the cryptocurrency by media, along with prominent investors and celebrities.Chinese media,...
Grayscale Total Assets Under Management Surpasses $10 Billion
Grayscale previously reported that as of October 30, the total assets under management stood at $7.6 billion. In less than a month it has hit a new milestone.Leading digital currency investment firm Grayscale Investments LLC has reported that its total assets under management (AUM)...
BTC forks Bitcoin Gold and Bitcoin Diamond mysteriously pump 25% each
For some reason, Bitcoin forks have been rallying extremely hard over recent days.Bitcoin Gold and Bitcoin Diamond have gained approximately 20 percent in the past two days alone, making them the best-performing digital assets in the top 100 coins by market capitalization. Litecoin, too,...
Bitcoin Price Is Around $18K, BTC Rally Is Not Over
On Thursday, November 19th, the BTC rate stabilized after a rally which, however, does not seem to be over yet. The coin is chiefly trading at 17,658 USD, while yesterday’s peak was 18,483 USD. The price of the leading cryptocurrency has been growing for...