Shares in Square Inc. plummeted in after-hours trading after the financial services provider disclosed in its quarterly earnings report that it had purchased bitcoin at a time the cryptocurrency is …
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Michael Saylor estimates there will be 1 billion people investing in BTC by 2026
The CEO told CNBC’s Squawk Box segment that BTC would be the savings method of choice for about one billion people on a mobile device within five years. He added that bitcoin …
MoreNorth America’s First Bitcoin ETF Awaits Explosive Debut With $ 564 Million Assets
Less than a week after its debut, the Purpose Bitcoin exchange-traded fund continues to attract large inflows of investor capital, offering further reassurance that institutional interest in digital assets is …
MoreElon Musk’s reaction to Tesla losing $ 15 billion after investing in bitcoin
Elon Musk reacted casually to Tesla’s $ 15.2 billion loss yesterday. On Monday, the company’s shares took an 8.6% downslide. The result was a staggering $ 15.2 billion in losses. …
MoreIndia’s Warren Buffet: “Bitcoin hangover will be worse than the party”
The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning that the hangover from Bitcoin (BTC) mania will be worse …
MoreBitcoin To Fall 10% In Selloff
Bitcoin was trading at $48,252.5 by 09:35 (14:35 GMT) on the Investing.com Index on Tuesday, down 10.03% on the day. It was the largest one-day percentage loss since February 23. The …
MoreThe Laser Eyes Meme: Not a Coincidence That It Marked a Local Top for Bitcoin (BTC)
Bitcoin price lost 25 percent in less than two days. It lost somewhere around $13k, or 25% in the past couple of days. It’s not alone. The entire crypto market …
MoreBlow to Bitcoin Haters as Tether & Bitfinex Settle with New York Attorney General
New York Attorney General Letitia James made an announcement Tuesday about reaching a settlement agreement with iFinex, the parent company of Bitfinex, and Tether, which puts an end to a 22-month legal battle. …
MoreCoinbase Whale Accumulation Might Prevent Bitcoin Dropping Below $44K
Bitcoin prices have recovered somewhat since yesterday’s flash crash drove them into the ground temporarily, but metrics from Coinbase suggest there could be a $44k bottom due to whale accumulation.
MoreBill Gates: “Bitcoin Is Only for Billionaires Like Elon Musk”
According to Microsoft co-founder Bill Gates, you shouldn’t touch Bitcoin if you are not as rich and “sophisticated” as Tesla CEO Elon Musk: The fourth-richest person in the world took …
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