Tags : bitcoin

Bitcoin

Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold

Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its price fluctuated between $50,000 and $65,000, profiting more than $1 billion in about five months.  According to Ruffer’s year-end review for the 12 months ending June 30, […]Read More

Bitcoin

The people of El Salvador are protesting against Bitcoin bill

President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after the country’s distrust of the new legislation became apparent through opinion surveys, Salvadorans started voicing their disapproval in the streets.  Bukele effectively pushed the law through parliament, thanks to his Nuevas […]Read More

Bitcoin

Elon Musk flips positive on Bitcoin (BTC), but the damage

Tesla CEO Elon Musk has flipped positive on Bitcoin once again. Speaking during yesterday’s The ฿ Word conference, Musk said the mining sustainability situation has improved since he first raised objections in May. “It looks like bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants that were being […]Read More

Bitcoin

Elon Musk fancies running a Dogecoin node in space (and

Elon Musk‘s participation at ‘The B Word’ conference, an event hosted by the Crypto Council for Innovation, resonated loudly in mainstream media as well as on Twitter as the Tesla and SpaceX CEO revealed the makeup of his crypto reaches, gently boosting Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) prices. Together with Jack Dorsey, the […]Read More

Bitcoin

Bitcoin pumps $1,000, large-caps Cardano, Ethereum follow lead

Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign Many traders fear that the bear market might officially be here after dropping more than 50% from all-time highs on average.  Several large-cap decentralized finance (DeFi) tokens, such as Badger, ThorChain, Alpha Finance, and others, have now fallen up to 85% from […]Read More

Bitcoin

Why this fund manager expects a major pullback in stocks

Why this fund manager expects a major pullback in stocks and Bitcoin soon Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Analysis Economic uncertainty is high as David Tice reminds us that money printing has consequences. Samuel Wan · July 19, 2021 […]Read More

Regulation

Over 1,000 Bitcoin miners crushed by police in warning to

Authorities in Miri, Malaysia, seized and destroyed 1,069 Bitcoin mining rigs by steamroller after cracking a mining operation that was using stolen electricity. Recently, U.K police followed up a rewiring tip-off, expecting to bust a cannabis farm, only to discover an illegal Bitcoin mining operation. Globally, cryptocurrency is generally permissible under the law, whereas cannabis […]Read More