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Adam Back: Bitcoin's value lies in its founder's anonymity
16.10.2024
In an exclusive interview with Cointelegraph, Back explains why Bitcoin’s value relies on its dual identity as hard money and digital gold
Adam Back: Bitcoin’s value lies in its founder’s anonymity
16.10.2024
In an exclusive interview with Cointelegraph, Back explains why Bitcoin’s value relies on its dual identity as hard money and digital gold
Mt. Gox still has 90,000 Bitcoin, valued at roughly $6 billion
25.7.2024
The infamous collapse of the Mt. Gox exchange occurred in 2014, and creditors have been waiting for reimbursement for over a decade
German Government Moves 1,205 Bitcoin Amid Price Fluctuations
8.7.2024
According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in Bitcoin As of 7 a.m. EDT on Monday, the German...
Bill Miller Explains Why Bitcoin Is Still Undervalued
13.6.2024
Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencies, which are subject to human control...
Dave Ramsey Sides With Warren Buffett on Bitcoin — Calls BTC Currency Based on Thin Air
18.3.2024
Personal finance expert and best-selling author Dave Ramsey says he agrees with Berkshire Hathaway CEO Warren Buffett regarding bitcoin. Viewing the crypto as a currency whose value is based on “thin air,” Ramsey stressed: “I wouldn’t wish bitcoin investments on somebody...
S2F Creator Plan B’s Prophetic Call — ‘Enjoy Sub-$40K Bitcoin While It Lasts’
26.11.2023
Willy Woo, an onchain analyst, recently predicted that bitcoin’s value might consistently stay above the $30K mark. Earlier this week, the statement was complemented by Plan B, the developer of the stock-to-flow (S2F) price model, who presented a realized price chart and urged enthusiasts...
Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million
19.8.2023
Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a similar approach with its bitcoin holdings. Spacex...
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value
1.3.2023
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less...
Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions
23.12.2021
According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of...
Cathie Wood Predicts $560K Bitcoin Value in 5 Years
29.11.2021
Despite the crypto market’s constant fluctuations, several experts are showing immense faith. The latest example of the movement is Cathie Wood, who sees Bitcoin reaching 560,000 dollars in five years. The CEO of Ark Invest is substantially optimistic about crypto, estimating over 800% growth...
'Crypto will cause the next financial crisis': Precious metals boss
28.5.2021
Metalla Royalty & Streaming CEO Brett Heath has warned that crypto will “lead the charge into the next financial crisis” and questioned the true intrinsic value of Bitcoin
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
19.5.2021
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or...
Bitcoin Value Plunged as Bears Take Over Market
17.5.2021
The recent fall in Bitcoin prices has again given a platform for sceptics to doubt the long-term viability of the cryptocurrency. No doubt, asking about the long-term sustainability of Bitcoin in the wake of constant up and down is a legitimate question as continuous turbulence and tumultuous price...
Bitcoin Value Slides Downward from Highest to Lowest
1.3.2021
Bullish investors witnessed Bitcoin rising to an all-time high and then falling to its lowest within a week in the last week of February 2021. The increased stock market volatility has caused the prices of Bitcoins and other altcoins like Ethereum to plunge downwards in the previous few days....
Scarcity Gives Bitcoin Value, but Not the Way You Think
28.1.2021
Bitcoin is "scarce" (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist
JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates
7.1.2021
JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks...
Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
5.1.2021
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge...
Bitcoin Value Leaps Over the $31K Handle, BTC Sees an All-Time Price High in 2021
2.1.2021
The price of bitcoin has crossed a new all-time high on Saturday morning (EST), spiking over $31k per coin. At around 8:43 a.m., bitcoin’s value climbed to $31,417 per unit with roughly $12 billion in global trade volume. Bitcoin (BTC) has surpassed the $31k price zone, and has jumped very...
Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020
30.12.2020
The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets...