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+43 +3
Bitcoin is finally trading like 'digital gold' – but only because nobody cares about crypto anymore
Investors fled digital assets after a nightmarish 2022, and the largest token by market capitalization now trades way below its record high.
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+20 +4
US Department of Justice's Big Move to Shift 10,000 Bitcoin Might Impact the Market
US Department of Justice's decision to shift 10,000 Bitcoin, and understand its potential impacts on the ever-dynamic cryptocurrency market.
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+15 +2
Bitcoin Suisse CEO: The Next Bull Market Is Coming, And We Will Be Ready
Bitcoin Suisse is preparing for the next bull market by re-inventing itself as a fully-fledged “crypto asset manager” and wealth advisory firm that caters for an emerging breed of ultra high-net-worth individuals and crypto-curious institutions. The strategy involves complex efforts by the digital asset gateway to secure a license from the Swiss Financial Market Supervisory Authority (FINMA), Switzerland’s financial regulator, as well as expanding operations into the European Union, the United Kingdom and the United Arab Emirates.
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+24 +6
Bitcoin briefly falls after SEC reportedly calls ETF filings inadequate, heads for a winning month
The price of bitcoin fell on Friday following a report that recent bitcoin filings from big names like BlackRock and Fidelity have been deemed inadequate in the eyes of the SEC. Bitcoin was last hovering below the flat line, trading at $30,402.81, according to Coin Metrics. Earlier it fell under the $30,000 level, after briefly touching above $31,000.
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+16 +4
SEC Approves First Leveraged Bitcoin Futures ETF
The U.S. Securities and Exchange Commission (SEC) has approved the first leveraged Bitcoin futures exchange-traded fund (ETF) on Friday. Volatility Shares 2x Bitcoin Strategy ETF (BITX) is scheduled to launch on the Chicago Board Options (CBOE) BZX Exchange next Tuesday, June 27.
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+13 +5
Long-Term Bitcoin Holders Unaffected by Recent SEC Lawsuits against Binance and Coinbase, Glassnode Reports - COINTURK NEWS
The recent SEC lawsuits against Binance and Coinbase seem to have no impact on long-term Bitcoin holders, according to Glassnode data.
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+20 +4
White House proposes 30 percent tax on electricity used for crypto mining
The Biden administration wants to impose a 30 percent tax on the electricity used by cryptocurrency mining operations, and it has included the proposal in its budget for the fiscal year of 2024. In a blog post on the White House website, the administration has formally introduced the Digital Asset Mining Energy or DAME excise tax. It explained that it wants to tax cryptomining firms, because they aren't paying for the "full cost they impose on others," which include environmental pollution and high energy prices.
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+18 +2
Bitcoin Pizza Day: The Historic Event That Paved the Way for Bitcoin Adoption
May 22 is widely known in the community as Bitcoin Pizza Day, marking the event in 2010 when real-world goods were first
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+1
TRUSTED FRAUD COMPLAIN CENTER
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+19 +1
How did Sam Bankman-Fried get away with peddling FTX?
FTX's founder gained credibility with mainstream media by not fully buying into crypto's core tenets
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+25 +1
'Crypto is dead in America,' says longtime bitcoin bull Chamath Palihapitiya
Tech investor Chamath Palihapitiya, who previously claimed bitcoin has replaced gold and would eventually get to $200,000, now says "crypto is dead in America."
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+4 +1
What’s the History of Bitcoin?
By now, everybody knows that Bitcoin was the first cryptocurrency, but many still have no idea just how much it went through to get to where it is today. If you’re interested in getting a firm footing in Bitcoin’s history, then you’ve come to the right place. This will not be yet another overview of how Bitcoin works. If you’re interested in that, head here. Instead, in this post, we’ll cover the highs and the lows of Bitcoin’s history to paint a fuller picture of how crypto’s leading asset began to be considered the world’s leading hedge and store of value.
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+22 +5
Warren Buffet made a huge mistake with Bitcoin, says analyst
Investment legend Warren Buffett's famous statement about Bitcoin being "rat poison squared" is a huge mistake, according to Yashu Gola of Cointelegraph, as he has missed out on a 320,000% return. Another analyst, Alpa Zeta, supports the same idea and explains that a portfolio with even 2.5% Bitcoin has performed 20% better than one without.
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+11 +1
Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
Fresh data from Glassnode demonstrates that Bitcoin's tickers Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate, or the cost of sending value across the Lightning Network, is 0.0029%, 1,000 times cheaper than that of MasterCard of Visa payment processors.
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+1 +1
If you thought things couldn't get stupider, someone just held a CO2 reader up to a PC to prove 'bitcoin mining has zero carbon emissions'
No, it's not April 1, it's just stupid.
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+4 +1
Bitcoin is one year away from a major technical event. History suggests the start of another bull run
is nearly a year away from a key technical event — which might be the catalyst for a prolonged climb in the cryptocurrency’s value. In April or May 2024, bitcoin is expected to undergo its next so-called “halving,” though the exact date is not yet known.
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+21 +3
Crypto Space Hit Back at New York Times for Attack on Bitcoin Mining
The New York Times (NYT) is quickly becoming a villain in the sight of crypto fans due to its latest critique on bitcoin mining. The article, they believe, is biased at best, and malicious at worst. In fact, some are now questioning the popular media’s journalistic integrity.
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+19 +2
MicroStrategy Buys Another 1,045 Bitcoin for $23.9M
The company now holds 140,000 bitcoin worth about $4 billion.
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+2 +1
Bitcoin's best quarter in 2 years beats all major indexes in Q1
The cryptocurrency jumped more than 70% in the first three months of the year.
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+3 +1
Space Force major proposes Bitcoin mining for Pentagon defense strategy
As the popularity and adoption of cryptocurrencies like Bitcoin (BTC) increase, some crypto enthusiasts see their potential utility well beyond mere digital money, an investment asset, or a hedge against inflation, including one major in the United States Space Force, who envisions their role in the national cyber-security defense system.
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