Elon Musk has asked his millions of Twitter followers whether to sell 10% of his Tesla stock. Regardless of personal opinions on Musk, he’s a polarizing figure that attracts attention whatever he does. The propositions below the poll on what he should do with the funds if sold ranged wildly. If the goal is diversification, […]
Bitcoin continues with its untypically flat price movements as the cryptocurrency has stalled around $61,000 once again. Most of the altcoin space is in the red today after the recent gains. The primary cryptocurrency hit a two-week high of over $64,000 on November 2nd, but its inability to continue upwards has caused it dearly. In […]
The overall trend in fundamentals and on-chain remain firmly bullish, as long-term holders and miners continue to show no signs of aggressive distribution. Dan is a cryptocurrency technician and on-chain analyst with 11 years of experience in equity markets and over 4 years in crypto markets. …Read the full story
Two months after the whitepaper was published, the first Bitcoin block was mined on January 3, 2009. Interestingly, unlike most crypto projects, Satoshi Nakamoto did not conduct any public sale or funding raising for the launch of Bitcoin. Over the years, there has been speculation on who it might be, but despite all efforts to […]
After another failure at $63,000, bitcoin has headed south and is close to testing $60,000 once more. The primary cryptocurrency went through a roller-coaster on Thursday when it plummeted from $61,500 to $56,500 in minutes. However, the asset bounced off just as rapidly and went above $62,000 minutes after. However, the bears stepped up at […]
In the latest development, the organization published guidance detailing regulatory requirements for funds waiting to offer crypto ETPs, including exchange-traded funds and structured products. ASIC maintains that these factors are deployed with intentions to support a ‘fair, orderly and transparent market’ by guaranteeing that only those digital assets that meet these criteria can be supported […]
The American TV personality Jim Cramer advised crypto investors to beware of the risks related to the digital asset industry. CNBC’s Jim Cramer shared yet another controversial stance on cryptocurrencies and the people who operate with them. He believes the industry is associated with the “greater fool theory.” At its core, this concept refers to […]
Up until the end of March, it accepted Bitcoin as a payment for sales of certain products in specified regions but suspended this practice in May 2021. Digital asset accounting rules state that if the price of an asset falls during the period, the company must report it as an impairment. According to Bitcointreasuries, Tesla […]
Bitcoin continues to gradually lose value with another price slump to around $37,000. Just a few days ago, the situation with the primary cryptocurrency seemed significantly more promising. However, it failed to maintain such a high price line and started to lose traction somewhat rapidly. Although the cryptocurrency bounced off at first and reclaimed $39,000, […]
$500B were evaporated from the crypto market cap as bitcoin slid $12,000 in a day. Although bitcoin has failed to overcome $60,000 for weeks, the cryptocurrency was actually performing rather well lately. However, it all changed after Tesla and Elon Musk said they will cease receiving bitcoin payments for their products and services. In the […]
Nowadays, many central banks of numerous leading economies such as China, Japan, and the US, are researching the option of launching their own CBDC. Chancellor predicted that in the process of the financial revolution, digital currencies would invade the world, but he opined that Bitcoin would not be among one of them. The CIO of […]
The meme coin charted a new all-time high hours ago and is close to overcoming BNB as the third-largest digital asset. Moreover, the subsequent rejections drove BTC down by a few thousand dollars. However, the situation seems a bit more favorable for the cryptocurrency now. Ethereum painted its latest ATH yesterday at above $3,600 but […]
Despite briefly exceeding $58,000, bitcoin has slid back to $56K. Bitcoin’s attempts to surge past $58,000 were quickly halted, and the cryptocurrency fell by roughly $3,000 in hours. The second-largest cryptocurrency has frequently broken into uncharted territory, and the past 24 hours didn’t disappoint. While some altcoins are heading into uncharted territory, the primary cryptocurrency […]
The selling pressure on bitcoin continues to decline, pointed out CryptoQuant by referring to the stablecoins stored on exchanges and miners’ behavior. Additionally, miners have halted their early-2021 selling endeavors as well. …Read the full story
After dipping to $56,000 yesterday, bitcoin has added $2,000 of value and touched $58,000. After reaching a 2-week high at $58,500 a few days ago, the primary cryptocurrency started to retrace slightly. As a result, bitcoin added more than $2,000 of value in a matter of hours and reached $58,400. The technical indicators suggest that […]
Taproot is a Bitcoin soft fork that integrates Schnorr cryptographic signatures, an alternative signature method to the ECDSA currently implemented on the network. The voting period started with the latest network difficulty adjustment and will last 2016 blocks until the next update occurs. Currently, 10.36% of the mined blocks agree with the soft fork, with […]
Following several days of consolidation around and beneath $55,000, bitcoin finally made a move and jumped above $58,000. While the altcoin market was producing impressive price pumps lately, bitcoin seemed stalled at best. The bears used BTC’s inability to breakout and pushed it south again to about $52,000 on April 29th. Consequently, the asset traded […]
During a recent CNBC interview, the Chairman and CEO, Tilman Fertitta, announced that most of the restaurant chain’s brands will start to accept BTC payments soon. The self-described “healthier for you” company, operating Muscle Maker Grill, Healthy Joe’s, MMG Burger Bar, and Superfit Foods, said it will start accepting bitcoin payments as an alternative to […]
