Search
British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
8.6.2021
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the long term. Ruffer Profits $1.1 Billion From...
Bitcoin price nears $30K as estimates reveal $19K support floor
8.6.2021
Breaking $19,000 will be "very hard" for bears, says analysts at Whalemap, this still allowing Bitcoin to dive below $20,000 highs from 2017
White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
8.6.2021
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin....
Bitcoin will dip to $25K if this trader's 20% crypto crash forecast comes true
8.6.2021
Commentators are calling for a deeper crypto dive which would see BTC price action close to $20,000, not $30,000 in the short term
Tim Wu, the 'father of net neutrality' reportedly owns over $1M in Bitcoin
8.6.2021
Tim Wu, a one-time Bitcoin critic and current technology policy adviser at the White House, reportedly owns between 29 and 146 BTC
The BTC-Colonial Pipeline FUD Gives A Lesson On Bitcoin Security
8.6.2021
There is an abundance of FUD (fear, uncertainty, doubt) the Cryptoverse is fighting to debunk today - after millions of USD in bitcoin (BTC) was allegedly seized, used as ransom in the US Colonial Pipeline ransomware attack in early May. One of these flames being put out today is that Bitcoin...
Kenyan Banks Warn Clients Against Crypto Trading
8.6.2021
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.”...
Bitcoin price due for break below $30K trader warns after 9% daily loss
8.6.2021
A breakout to avoid a fresh price dip would be a "miracle," says Crypto Ed as storm clouds gather for Bitcoin bulls
Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional
8.6.2021
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional...
Crypto markets tumble after miners unload 5,000 BTC in one week
8.6.2021
With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
8.6.2021
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite...
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
8.6.2021
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest...
Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares
8.6.2021
Institutional investors withdrew a record $141 million from Bitcoin investment products this past week
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
8.6.2021
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated. Trump Thinks Bitcoin Is a Scam, Wants Heavy...
FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers
8.6.2021
U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured...
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
7.6.2021
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate....
Market Wrap: Bitcoin in Tight $35K-$36K Range; Ether Volumes Still Beating BTC
7.6.2021
Ether’s dominance is at 19.78%, the highest it has been since May 16
Crypto Twitter says traders are short Bitcoin, but data shows otherwise
7.6.2021
A growing number of analysts have flipped bearish on Bitcoin and expect a significant price drop, but analyzing data from the perpetual futures and options markets uncovers a contrasting narrative
Price analysis 6/7: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
7.6.2021
Bitcoin and altcoins are likely to remain under pressure for a few days but lower levels could attract buying
While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
7.6.2021
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty...