Category: Bitcoin

Fundstrat Global Advisors’ managing partner Tom Lee believes that Tesla’s abrupt suspension of Bitcoin payments over environmental concerns could be a blessing in disguise for the flagship cryptocurrency. In an interview with Insider, the research firm executive argues that the development could make the leading digital asset friendlier to the environment as the industry seeks

A luxury yacht firm has announced it will begin accepting cryptocurrency for its services and expects to see an immediate 40% growth increase from Bitcoin (BTC) payments in the first year. In addition to accepting Bitcoin payments, the firm also announced that it would base its web and mobile services on blockchain technology as it

CoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets. The May 17 report notes $98 million exited Bitcoin investment products last week, equating to 0.2% of total assets under management, or AUM. “While

While new entrants to Bitcoin markets have been panic selling at a loss, the recent market slide has not vexed the old hands. Heavy selling in response to hints from Elon Musk that Tesla may soon sell its BTC stash saw Bitcoin prices tumble to their lowest levels in 20 weeks as the markets found

It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum. This appears to be the same for blockchain-related stocks that trade in the traditional financial markets, and a quick glance

New York-based Bitcoin miner Greenidge Generation is revealing that it plans to voluntarily mitigate the environmental impact of its crypto mining operations en route to becoming a carbon-neutral firm as early as next month. In a statement published on Friday, the natural gas-powered mining firm says that it will purchase carbon offsets from a number

Bitcoin’s 51.4% crash in March 2020 was the most horrific 24-hour black swan event in the digital asset’s history. The recent price activity of the past week has probably resurrected similar emotions for investors who experienced the Black Thursday crash.  Over the past week, Bitcoin’s (BTC) price dropped 29% to reach a three-month low at

Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin holdings just as the flagship cryptocurrency suffered massive declines over the weekend and at the beginning of this week. Bitcoin drops by 16.92% over the weekend and Monday. Source: Tradingview

Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation. The top-10 Bitcoin (BTC) mining pools by hash rate distribution are now signaling for Taproot activation with BTC.Top being the latest among them as of the time of writing. Indeed, 90% of Bitcoin’s hash rate briefly signaled for the

Tesla and SpaceX CEO and self-proclaimed “Dogefather” Elon Musk should sell his Bitcoin holdings, said hodlers. A new petition on Change.org is currently gathering signatures to make Musk divest himself of his personal stash of Bitcoin (BTC). “Elon Musk: Sell your Bitcoin” Its goal is modest:100 signatures at first, of which a grand total of 62