Both bitcoin and gold have a specific role to play in investors’ portfolios and, as such, bitcoin won’t take over gold’s market capitalization, nor will gold make the flagship cryptocurrency …
MoreTag: Bitcoin (BTC) Price
Biggest Bitcoin Fund Sinks to a Discount as Traders Flee
The world’s biggest Bitcoin fund is selling off faster than the cryptocurrency itself. The $32 billion Grayscale Bitcoin Trust (ticker GBTC) has plunged 20% this week, outpacing a 13% decline …
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Bitcoin Exchange Coinbase goes public. What does this mean for BTC / USD?
It is official. Bitcoin exchange Coinbase is going to become a public-traded firm. The US Securities and Exchange Commission (SEC) released Coinbase’s S-1 filing on Thursday, signaling that it has approved the …
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Bill Gates argues that Bitcoin is bad for climate
During a Clubhouse interview with CNBC’s Andrew Ross Sorkin, Microsoft co-founder Bill Gates slammed Bitcoin for its excessive energy use, arguing that it consumes more electricity than “any other method known to mankind.” …
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Baby Boomers and Gen X Invest in Bitcoin
Baby boomers and Gen X are piling into Bitcoin, and other cryptocurrencies, affirm the CEO of one of the world’s largest independent financial advisory and fintech organizations. The observation from Nigel Green, the …
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Bitcoin whale from 2010 moves 100 BTC for first time in 11 years
A veteran miner has cracked open their 2010 stash of Bitcoin, with crypto analysts spotting 100 BTC being transferred from two wallets that had laid dormant for more than a …
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MicroStrategy buys another 19,452 Bitcoins worth about $1.026 billion
Further increasing their Bitcoin holdings, publicly-traded company MicroStrategy has now acquired an additional 19,452 Bitcoins worth about $1.026 billion. The company’s CEO Michael Saylor broke the news on Twitter and said …
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Elon 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. …
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India’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 …
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Bitcoin 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 …
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