China’s crackdown means Bitcoin is working, says crypto miner

China’s crackdown means Bitcoin is working, says crypto miner

2021-06-22

  China’s crackdown on Bitcoin (BTC) mining and cryptocurrency trading recently became a primary driver for the red candlesticks on crypto market charts. But one Bitcoin mining engineer believes China’s ban on crypto is “fantastic news.” Brandon Arvanaghi, a former security engineer at crypto exchange Gemini, compared China’s harsh stanceRead More →

Bitcoin price nears K as estimates reveal K support floor

Bitcoin price nears $30K as estimates reveal $19K support floor

2021-06-08

  Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bulls line up to protect $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making repeated lower lows on short timeframesRead More →

Bitcoin hits ,000 in record high By Reuters

Bitcoin hits $60,000 in record high By Reuters

2021-03-15

  © Reuters. FILE PHOTO: Representations of virtual currency Bitcoin and U.S. dollar banknotes are seen in this picture illustration (Reuters) – , the world’s biggest cryptocurrency, on Saturday crossed a record high of $60,000. Bitcoin has risen sharply this year, broadly outperforming conventional asset classes, partly due to broaderRead More →

Bitcoin, ether hit fresh highs By Reuters

Bitcoin, ether hit fresh highs By Reuters

2021-02-21

SINGAPORE/NEW YORK (Reuters) – hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1 trillion on Friday. The world’s most popular cryptocurrency rose to a record $57,553, taking its weekly gain to around 20%. It has surged nearly 100% this year. Bitcoin’s gainsRead More →

Did Grayscale push Bitcoin back up to the $40K mark?

2021-01-14

  Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark. During the same period, the institutional investment firm added 4,618 BTC to its portfolio at a current value ofRead More →

Can Bitcoin Become the Next Global Reserve Currency?

2021-01-14

One of the most interesting trends surfacing in the crypto industry today is the increasing likelihood of Bitcoin emerging as the next global reserve currency – something that Bitcoin fundamentalists have been preaching for the last decade.    With the combination of transparency and decentralized trust brought on by theRead More →

Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund

2020-12-21

  Anthony Scaramucci’s multi-billion-dollar hedge fund, SkyBridge Capital, has submitted a formal application with the United States securities regulator to launch a new Bitcoin (BTC) fund. The Form D for an exempt offering appeared on the Securities and Exchange Commission’s website on Monday. The proposal lists “SkyBridge Bitcoin Fund L.P.”Read More →