Crypto investment firm Galaxy Digital CEO, ex-hedge fund manager, and billionaire Mike Novogratz has said bitcoin is a hedge against the dollar inflation, and the government is aware of the asset’s status. Speaking to …
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11,800 Bitcoin (BTC) Moved From Coinbase To Cold Storage By Institutions
Data provided by CryptoQuant and Whale Alert shows that over the past thirteen hours, an institutional whale bought 11,827 Bitcoins in the major US-based crypto exchange Coinbase and withdrew it …
MoreDon’t Count On Massive Bitcoin (BTC) Correction At End Of Crypto Bull Cycle
Dan Held, head of growth at crypto exchange Kraken, says that a familiarly devastating bearish correction at the end of the current Bitcoin bull cycle may not be in the …
MoreStrong volatility in BTC prices as Facebook apparently hasn’t invested in Bitcoins
Facebook’s quarterly SEC filing has no mention of Bitcoin, let alone of a Bitcoin purchase, defying market expectations. For a few days leading up to Facebook’s earnings reported today, there …
MoreTokyo-Based Gaming Giant Nexon Invests $100 Million In Bitcoin
South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The firm is listed on the …
MoreEric Weinstein to call Bitcoin (BTC) potential hedge against fiat catastrophe
Eric Weinstein, managing director of Thiel Capital and host of the popular podcast The Portal, urged his followers over the weekend not to get caught up in Bitcoin’s (BTC) daily fluctuations. He …
MoreBitPay CCO Claims Dogecoin (DOGE) Is Eating Away at Bitcoin’s (BTC) Payments Volume
Dogecoin is chipping away at Bitcoin’s dominance in cryptocurrency payments, according to BitPay Chief Commercial Officer Sonny Singh: We’re seeing a lot more buying coming from Dogecoin now, believe it …
MoreBitcoin Price Rallies After Elon Musk Sparks Wild Speculation He’s Buying BTC
Bitcoin and cryptocurrency markets were braced for a bombshell from Tesla’s TSLA +1.2% first set of results since buying $1.5 billion worth of bitcoin. And Elon Musk didn’t disappoint. Tesla revealed it sold 10% of …
MoreFirst NFL Player To Convert His Entire 2021 Salary to Bitcoin (BTC)
Kansas City Chiefs player Sean Culkin has become the first National Football League athlete whose entire annual salary will be paid in Bitcoin, the Kansas City Star reports. Culkin himself made the announcement via …
MoreElon Musk’s Tesla Sold Bitcoin (BTC) in Q1
Tesla has cashed out some of its Bitcoin. In an investor call today, the electric carmaker reported its Q1 2021 earnings and revealed $272 million in proceeds and a “$101M positive impact” from …
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