Category: Bitcoin

The U.S. Securities and Exchange Commission (SEC) is warning investors about the risks of investing in the top cryptocurrency. In a new statement, the SEC expresses concern regarding mutual funds taking positions in Bitcoin futures. “Investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment. As such,

A prominent crypto analyst who gained popularity by accurately predicting the timing of the 2019 market collapse is warning traders that the Bitcoin price may be headed for lower ranges. In a new tweet, the crypto trader, known as Dave the Wave in the industry, highlights his own technical analysis which indicates that Bitcoin is

A popular crypto trader and analyst says three crypto assets are primed to accelerate toward new all-time highs. Pseudonymous analyst Smart Contracter is preparing for Bitcoin (BTC), scalable blockchain network Solana (SOL) and decentralized exchange SushiSwap (SUSHI) to break out in the short term. Smart Contracter tells his 137,000 followers that while some are calling

Tesla’s tag game with Bitcoin (BTC) might have triggered a race in the corporate world to invest in crypto, however, SoftBank still prefers to take a more cautious approach. Answering questions at SoftBank’s earnings news conference, SoftBank CEO Masayoshi Son admitted that he doesn’t know whethe crypto is good or bad. “There’s a lot of

Billionaire investor Mark Cuban will not be following Tesla CEO Elon Musk’s footsteps in withdrawing support for Bitcoin (BTC) payment. Tweeting in response to Musk on Wednesday, the Dallas Mavericks owner remarked that the Mavs will continue to accept Bitcoin, Ether (ETH), and Dogecoin (DOGE) as payment means for tickets and merchandise items. We at

Bitcoin (BTC) dipped below $50,000 again on Thursday as the fallout from Elon Musk’s criticism continued to resonate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders wait for telltale buy signals Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD failing to establish $50,000 as support after initially dipping to $45,650. Musk, speaking as CEO of

Bitcoin (BTC) dived 17% when Tesla CEO Elon Musk criticized its energy consumption — but it’s already bouncing back. On May 13, fresh from its dip to $45,60, BTC/USD is trading above $51,000, having regained over half its lost ground.  With the drama still spreading, Cointelegraph considers why, on a fundamental level, Bitcoin is ultimately

Crypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list. In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc., to allow United States customers to withdraw their cryptocurrency holdings for cash across its point-of-sale

The Bitcoin markets are pulling back after electric car manufacturer Tesla suspended its support for vehicle purchases using BTC. In a May 13 tweet, Tesla’s CEO Elon Musk noted the company’s concerns regarding the “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal.” While Musk predicted that cryptocurrency “has a promising

With Tesla’s suspension of Bitcoin payments causing chaos in crypto markets today, critics have targeted CEO Elon Musk’s cavalier attitude to the dramatic effects his words and actions can have on the sector. On May 13, Tesla and Musk announced that it had ceased accepting BTC as payment for vehicles due to concerns regarding the