Salvadoran President Nayib Bukele explained to famous gold bug and cryptocurrency skeptic Peter Schiff yesterday (December 4) why it didn’t make any sense to criticize his country for continuing to take …
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CEO of ERCOT, Texas power giant, declares bullish stance on Bitcoin (BTC)
Bitcoin has often been criticized for its high energy consumption used by the mining process of the proof-of-work blockchain network. However, where some see a problem, others see opportunity. One such …
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Goldman Sachs & other Wall Street banks exploring Bitcoin-backed loans
Several top United States banks, including Goldman Sachs, are reportedly exploring using Bitcoin as collateral for offering loans to institutions. Under the plan, the participating banks will not engage in cryptocurrency spot …
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10K+ Bitcoin (BTC) sold in panic selling bout, but investor confidence undeterred
Bitcoin investors are not alien to FUDs. However, this time it seems like the reason they reacted the way they did, was probably due to some sort of trigger. In response, …
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Investor confidence in Bitcoin (BTC) rises as number of older coins spent hits 35-day low
While the price of Bitcoin remained over $56,000 on Thursday, December 2, it has been trading in a state of limbo, having made its seventh unsuccessful attempt to break the …
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Bitcoin (BTC) is not just about freedom from interference; it requires active participation
Negative freedom (also known as liberal freedom) is freedom from interference. There can be a master (a king, central authority, government, etc.), but as long as the master is benign and …
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The Securities and Exchange Commission (SEC) has “no basis” to reject Bitcoin Spot ETF
In a letter dated 29 November, Grayscale Investments has questioned the Securities and Exchange Commission’s (SEC) decision to block Bitcoin Spot ETFs. The asset manager argued that the commission has “no basis” to allow …
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Leading asset manager Fidelity Investments launches a spot Bitcoin ETF in Canada
One of the world’s largest asset managers, Fidelity Investments, is set to launch a spot Bitcoin ETF in Canada and doesn’t intend to wait for the US Securities and Exchange …
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The Bitcoin network hash rate is near complete recovery from China’s ban & close to a new ATM
The Bitcoin hash rate has showcased deep resiliency since the Chinese bitcoin mining ban, having climbed over 80% in five months to get close to its previous highs. When the …
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Ethereum (ETH) to Bitcoin (BTC) ratio hits six-month high
Ethereum appears to have entered a new leg up after testing a crucial area of support. The smart contract platform’s ETH token is also trending up against BTC. Bitcoin might …
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