PayPal’s Venmo To Enable Ability To Transfer Bitcoin To External Wallets In May

2023-04-28 Users who have purchased bitcoin through the app will now be able to take self-custody of their BTC, as well as send it directly to other Venmo users. Venmo, the mobile payment platform owned by PayPal, is launching the ability for its customers to transfer bitcoin to other Venmo users, PayPal accounts and external […]

How would a US debt default impact Bitcoin?

2023-04-28 Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. The risks of a United States debt default are the first topic of this […]

Bitcoin Price Targets 4 Month Consecutive Bullish Close, Bullrun?

2023-04-28 Since the start of the trading year, Bitcoin has maintained a 3-month bullish candle close and is on a path to stealing a fourth. 2023 has been an eventful year for the crypto industry and Bitcoin price, which rallied massively to the surprise of many crypto analysts this month. The significant price movements of […]

US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried

Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions in cash. US Government Seizes Millions in Cash and Robinhood Shares From […]

Central Bank Of Russia Approves Bitcoin, Ethereum, Others, For Cross-Border Payments

2022-09-23 10:00:13 Russia has been leaning towards cryptocurrencies such as Bitcoin and Ethereum in recent times. Sanctions against the country since it began its evasion of Ukraine had piled up, and the government had begun to turn to crypto to circumvent these sanctions. In its most recent move, the Central Bank of Russia has moved […]

Bitcoin Mining Will Explode In Africa

2022-07-29 08:59:48 Mining headlines are typically filled with mentions of North America and Asia, with occasional mentions of Latin America. But another region of the world is showing some unnoticed signs of consistent interest in the mining sector. This article explores some data that shows interest from African nations in mining and profiles a few […]

Is it time to buy now that bitcoin has died?

From a peak of approximately US$70,000 per unit in November 2021, bitcoin’s value has dropped by more than half to around US$30,000 today. The broader cryptocurrency market has also crashed. The answer is that bitcoin dies frequently. At least seven other times, it has dropped by 50% or more. Whether you like or dislike bitcoin, […]

Why Bitcoin Sees Most Of Its Gains While US Traders are Asleep

2022-06-12 08:03:36 (Bloomberg) — When Wall Street goes to sleep, Bitcoin is usually just getting going. It often parties all night long, and in the process, notches more robust gains than while US markets are open. A hypothetical strategy that buys the coin at the equity-market close — at 4 p.m. in New York — […]

Satoshi Nakamoto’s Bitcoin State Of Mind

2022-05-11 Imagine Tupac Shakur (also known professionally as 2Pac) coming back to discover modern rap music. At the very least, he would have some questions, “What the fuck is ‘mumble’ rap?” Not that 2Pac invented rap, but he’s certainly a contender for the greatest rapper of all time, so assuming he would have input is […]

Future Of Energy Markets Bitcoin Miners

2022-05-06 Most of the conversations about Bitcoin infrastructure for the past two years have focused on the mining sector’s increasing convergence with traditional energy generators and power companies. At the Bitcoin 2022 conference, a panel hosted by this author discussed this trend and what mining’s continued growth means for electric grids and energy markets. Beyond […]

Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

2022-04-30 Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin. He said at the Berkshire Hathaway Annual Shareholder meeting Saturday that it’s not a productive asset and it doesn’t produce anything tangible. Despite a shift in public […]

Can saving trees really turn bitcoin green? – TechCrunch

2022-04-22 Bitso, a Mexico City-based crypto exchange, is pledging to buy carbon offsets for every bitcoin transaction on its platform to compensate for the cryptocurrency’s environmental toll. It may sound great in theory, but the idea also deserves a heaping dose of skepticism, given the sketchy reputation carbon offset efforts have earned over the years. […]

Why Bitcoin could be poised to fall further

2022-04-20 Under tightening monetary pressures from central banks, Bitcoin (BTC-USD) is trading like “an overpriced tech stock,” as one analyst noted. That could potentially mean poor performance for the next few months. Bitcoin began trading this week above $40,400 Sunday before its correction early Monday morning where it slipped below $39,000 during Asian trading hours. […]

Paypal founder launches tirade against ‘gerontocracy’ over bitcoin | Peter Thiel

2022-04-08 Peter Thiel, the co-founder of PayPal and a Donald Trump ally, has accused a “finance gerontocracy” including Warren Buffett and Jamie Dimon of hindering bitcoin’s progress. The outspoken libertarian tech investor described multibillionaire Buffett, the world’s richest investor, as the “sociopathic grandpa from Omaha” in a keynote address at the Bitcoin 2022 conference in […]

EU Parliament Votes For Bitcoin Privacy-Busting Rules

2022-03-31 European Union lawmakers voted on Thursday in favor of a de-facto surveillance regime for Bitcoin and cryptocurrency transactions as the region seeks to gather identifying information on transfers between private, self-custody wallets. The EU Committees on Economic and Monetary Affairs (ECON) and on Civil Liberties, Justice and Home Affairs (LIBE) voted to extend anti-money […]

Bitcoin’s Three Unbreakable Truths

2022-02-22 16:07:00 To answer this question, we must take a step back and look at a long-term macro view of Bitcoin since its inception. One thing we can say without a doubt and with 100% certainty is that throughout all of the parabolic rises and subsequent falls, Bitcoin has always managed to form a higher […]

Shiba Inu announces its own Metaverse amid Bitcoin market crash

2022-01-25 16:52:00 The Shiba Inu token dives into the Metaverse sphere by announcing the launch of ‘Shiberse’ in 2022. Shiberse would be the first release of the year for its ever-growing and expanding ecosystem. SHIB lead developer Shytoshi Kusama had been teasing investors about the development for almost a week, and the team finally made […]

‘Crypto Winter’ Bitcoin’s slump brings back memories of 2018 doldrums

The scary term refers to a sharp drop, followed by a drop in trading and months of market stagnation, a phenomenon that memorably hit the cryptocurrency market in 2018. The price of Bitcoin plunged by more than 80% to a low of $3,100 from late 2017 to December. of the following year, a period marked […]

Bitcoin to a Six-Month Low of $38,000, Crypto Selloff.

Bitcoin tumbled in a long cryptocurrency selloff, dropping more than $38,000 to its lowest level in six months. The largest token fell 8.7% on Friday, marking a three-day decline. More than 236,000 traders closed their positions in the past 24 hours, with liquidations totaling $867 million, according to data from Coinglass, a cryptocurrency futures trading […]

Bitcoin Is A Revolution For Global Money

2022-01-17 16:15:00 State Of The System The barriers to entering global financial markets are archaic. Overextended processing times, high transaction fees, deadweight loss due to exchange rates, the list goes on. While these might be excusable in a settlement system still in its infancy, I am describing the SWIFT system, our global international banking network, […]

Mozilla ‘Pauses the Ability to Donate Crypto’ After Complaints and ‘Environmental Impact’ Considerations – Bitcoin News

2022-01-07 14:32:35 On December 31, the software community founded in 1998, Mozilla, announced it was accepting crypto-asset donations via Bitpay. However, shortly after the announcement, a number of people complained about the decision the company made. A week later, Mozilla has announced it is backing away from digital currency acceptance for now and has “paused […]

Bitcoin And Altcoins Explained: 6 Important Things You Need To Know

2021-12-29 15:22:06 The world of cryptocurrency has always been on everyone’s radar but recently has boomed in popularity, and for good reason. Investing in Bitcoin and Altcoins has become more accessible to the average person in 2021 and many are flocking to get their hands on some cryptocurrencies! Cryptocurrency offers people an alternative way to […]

Bitcoin Energy Consumption Carbon Emissions

2021-12-28 14:45:27 Bitcoin mining has long been singled out for its contribution to rising global carbon emissions. Fortunately for the pioneering cryptocurrency, many of these critiques are based on faulty assumptions and predictions divorced from an understanding of the built-in energy-seeking incentives native to Bitcoin, and underplaying the positive impact it has now and may […]

Four Years Later, What Bitcoin Means to Retail Traders

2021-12-22 13:37:00 AT A GLANCE CME Group is celebrating the four-year anniversary of its Bitcoin futures contract (BTC), a product that has helped to revolutionize cryptocurrency trading since 2017. Before the introduction of this contract, traders could only trade actual bitcoin. But that has quickly changed, as average daily volume in CME Bitcoin futures soared to […]

Venture Capital Relationship With Bitcoin

2021-12-20 15:00:00 With the printing press in overdrive, there is an ever-increasing amount of fiat looking for a home. In order to avoid being debased and lose purchasing power, capital allocators are charged with finding investments that can outperform the rate of monetary inflation. Thus, more and more capital is being allocated further out on […]

Bitcoin And The Commodity Of Time

2021-12-16 15:00:00 “I’m having a hard time, living the good life, well I know I was losing time …” “High Time” – Grateful Dead I had a long drive ahead of me. Nine hours down the coast, with a few stretches of time I knew I’d be out of streaming service range, and perhaps even […]

Tesla and Bitcoin to Blame for Exodus From Vietnam’s Stocks

2021-12-09 15:45:49 (Bloomberg) — Foreign investors have been dumping Vietnam stocks all year, despite a surge to record highs. Competition from popular retail stocks like Tesla Inc. and cryptocurrencies looks like part of the reason why. Korean retail investors — who made up 16% of net foreign inflows between 2017 and 2019 — are among […]

Can Bitcoin Miner Riot Blockchain Withstand A Crypto Bear Break? What The Chart Says

2021-12-08 13:57:00 Riot Blockchain Inc.’s (NASDAQ:RIOT) CEO Jason Les joined Benzinga Live on Dec. 1 in an exclusive interview to discuss the cryptocurrency miner’s business goals and the acquisition of ESS Metron for $50 million in cash and stock, which was announced earlier that day. “It’s another step that we’re taking to perfectly integrate our business,” […]

Satoshi’s Seed How Bitcoin Changed The World

2021-11-24 15:00:00 Bitcoin is poised to exponentially transform the world as we currently know it. It is said that 100 years of technological and social advances will occur within the next ten years! This is not your father’s internet. Buckle up! For those who don’t quite yet understand Bitcoin’s profound implications, my boomer peers especially, […]

Bitcoin-Exclusive Commercial Real Estate Offer In New York Listed For $29 Million

2021-11-15 14:43:56 Topline A set of retail condos in New York City is selling for $29 million exclusively in Bitcoin, signaling a growing trend of luxury real estate purchases being made using cryptocurrency. PARIS, FRANCE – APRIL 14: In this photo illustration, a visual representation of the digital … [+] Cryptocurrency, Bitcoin is on display […]

Controversial Bitcoin tax provision passes Congress with infrastructure bill

2021-11-08 13:52:39 On Friday, Congress passed the $1.2 trillion infrastructure package, sending the legislation to President Joe Biden for his signature. But while the measure makes historic investments in roads and bridges, it also maintains a controversial new cryptocurrency tax reporting requirement that the Treasury Department could apply to miners. Biden’s Infrastructure Investment and Jobs […]

A Teenager Used Google Ads To Scam $3 Million In Bitcoin

2021-10-28 11:28:00 A UK teen has been convicted for setting up a phishing site and using Google Ads to scam shoppers. His scam earned him almost $3 million in Bitcoin. A teenager in the UK has been convicted of setting up a phishing site and using Google Ads to scam shoppers. Cybercrime has been increasing […]

Bitcoin wallet from Satoshi era mysteriously activates after 11 years

2021-10-28 12:37:26 A bitcoin wallet that has been dormant since the time that the cryptocurrency’s anonymous creator was still active online has suddenly activated. The wallet was last used on 17 May, 2010, less than one year before the pseudonymous Satoshi Nakamoto sent their final emails to fellow crypto developers. Follow The Independent’s live coverage […]

Spot bitcoin ETF unlikely until at least mid-2022: Valkyrie Funds CIO

2021-10-28 13:23:08 An exchange-traded fund backed by physical bitcoin is still far off, says the man behind the second-ever bitcoin futures ETF. The Valkyrie Bitcoin Strategy ETF (BTF), an actively managed product that holds a mix of front-month bitcoin futures contracts, Treasurys, corporate bonds and cash, followed in ProShares’ footsteps last week. Valkyrie’s ETF launch […]

Bitcoin ‘Power to Data’ project unveiled at idle North Bay power plant

2021-10-25 14:00:00 ‘I think it is a great opportunity for North Bay to set up and really expand on its vision of a technology hub being located here’ The North Bay Power Plant on Highway 11 North will be back in operation powering up a unique bitcoin mining data centre to be built on the site.. […]

Bitcoin And Philosophy Of Free Choice

2021-10-21 14:30:00 The profoundness of philosophy is typically measured in extremities and diversions from a central understood point. This can address the thought collective, or the individual, when discussing knowledge and experiences with the intention of developing a grandiose understanding of the subject at hand, or positing real and lasting change. The road map for […]

Bitcoin Mining Solve E-Waste Crisis

2021-10-21 06:45:47 We’re all familiar with the “energy waste” and “carbon emissions” narratives around Bitcoin mining. “It wastes energy!” “It’s a carbon emitter!” Obviously, Bitcoin is a unique and terrible attack on the environment at a scale previously unheard of in human history. But now the “Bitcoin is anti-environmental” narrative is now starting to shift […]

Bitcoin miner Stronghold Digital Mining makes Nasdaq debut

2021-10-20 15:11:13 Spence and Beard of Stronghold Aaron Kotowski Shares of Stronghold Digital Mining jumped 52% in their first day of trading on Wednesday, as investors show enthusiasm for nascent companies tied to cryptocurrencies. Trading on the Nasdaq under ticker symbol “SDIG,” the Pennsylvania company, which mines bitcoin from waste coal, priced its stock at […]

First bitcoin futures ETF rises 3% in trading debut on the NYSE

2021-10-19 06:37:06 Shares of the first U.S. bitcoin-linked exchange-traded fund rose in their trading debut Tuesday. The ProShares Bitcoin Strategy ETF, ticker “BITO,” jumped more than 3% to $41.44. The fund tracks CME bitcoin futures, or contracts speculating on the future price of bitcoin, rather than the crypto itself. That means investors in the ETF […]

Bitcoin Prices Flirt With All-Time High After ProShares ETF Goes Live

2021-10-19 13:12:49 Bitcoin prices have been rallying today. (Photo by Nicolas Economou/NurPhoto via Getty Images) NurPhoto via Getty Images Bitcoin prices rallied today, coming within a single percentage point of reaching the all-time high they set early this year. The digital currency rose to as much as $64,309.33 this afternoon, CoinDesk data showed. At this […]

Beware of fake Apple event streams touting bitcoin scams

2021-10-18 09:48:00 AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple will not be offering free Bitcoin to anyone watching the “Unleashed” event — but scammers are trying to make people believe they are. […]

Could Switzerland be the next country to constitutionalize Bitcoin?

2021-10-13 10:00:00 Swiss non-profit think tank 2B4CH plans to launch a referendum proposal to have Bitcoin as part of Switzerland’s Federal Constitution. Under Swiss law, “popular initiative” referendums are triggered upon reaching 100,000 signatures. 2B4CH is attempting to drum up support at the grassroots level to meet this criterion. ??We are planning to start a […]

Musicians to Get Music Royalties Paid in Bitcoin

2021-10-12 08:55:09 Bitcoin is music to musicians’ ears – at least for some of them. Bitcoin and cryptocurrencies are constantly teetering on the knife’s edge of promise and peril – where holders want to use the digital offerings to transact and get paid. Yet the price volatility of these same offerings makes it hard to […]

Canada Mulls $7 Million Fine for Illegal Bitcoin-Mining Power Plant

2021-10-07 08:02:13 Setting up a Bitcoin mining operation inside a power plant has become something of a trend. In recent months, companies have started mining cryptocurrency in hydroelectric, natural gas, nuclear, and even volcanic power plants. The idea has proven so popular, in fact, that Canadian authorities are reportedly considering a $7.1 million fine for […]

These are the 3 main drivers behind bitcoin’s 35% rally over the past week, according to JPMorgan | Currency News | Financial and Business News

2021-10-07 08:13:15 Bitcoin Nurphoto / Getty Images Bitcoin’s near 35% rally over the past week comes as institutional investors seek an inflation hedge, JPMorgan said in a Thursday note. “Institutional investors appear to be returning to bitcoin perhaps seeing it as a better inflation hedge than gold,” JPMorgan said. These are the three drivers behind […]

‘Bitcoin to Take More of Gold’s Market Cap’

2021-10-07 08:18:42 Now that the bitcoin price is back above $50,000, cryptocurrencies are in the limelight once again. A rising tide tends to lift all boats, and bitcoin’s ascent has leading coins up by double-digit percentages this week. Over the past seven days, bitcoin’s value has ballooned by more than 25%, while Ethereum is up […]

Why Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Today

2021-10-06 10:10:31 What happened Bitcoin (CRYPTO:BTC), Bitcoin Cash (CRYPTO:BCH), and Shiba Inu (CRYPTO:SHIB) are up 9.00%, 8.10%, and 26.67% in the past 24 hours, respectively, as of 11:25 a.m. EDT. The three are now trading at $54,656.16, $622.61, and $0.00002301 apiece, respectively. Yesterday, U.S. Bank, the fifth-largest retail bank in the country with $8.6 trillion assets under management, announced it […]

Bitcoin Leads Crypto Market Rally, Skyrocketing To Five-Month High After Big Bank Embrace

2021-10-06 10:18:24 Topline Within a couple of hours Wednesday, bitcoin prices skyrocketed to their highest levels in months, adding on to weeks of moderate gains amid a flurry of positive developments for the recently struggling market, with U.S. Bank and Bank of America among the latest legacy financial institutions embracing the space. U.S. Bank says […]

As Bitcoin Passes $55,000, CME Futures Data Even More Bullish

2021-10-06 10:07:18 MIAMI, FLORIDA – JUNE 04: MicroStrategy CEO Michael Saylor walks through the Bitcoin 2021 … [+] Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. The crypto conference is expected to draw 50,000 people and runs from Friday, June 4 through June 6th. […]