Category: Bitcoin

After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so special about this magic round number and its accompanying $1 trillion market capitalization? Gold’s $11 trillion market cap might hold the answer, as Bitcoin’s current trading volume and the amount

Legendary developer Rick Caruso is entering the world of crypto. Caruso’s eponymous real estate company says tenants of his residential and retail properties can soon pay their rent in Bitcoin (BTC). The Los Angeles-based company, one of the most profitable real estate development firms in the world, reveals that it invested in the king coin

The share price of Chinese Bitcoin (BTC) mining company Ebang continues to fall, while the firm refutes claims made in a Hindenburg Research report which alleged it was pilfering American investors’ cash. The Hindenburg Research report, published April 6, described Ebang as “simply the latest chapter in the ‘China Hustle’ disguised as a Bitcoin mining

A long-forgotten Bitcoin (BTC) hard fork has surged almost 200% in a week — simply because traders are buying the wrong altcoin. Bitcoin Gold (BTG), a relic from the 2017 forking season, traded at $113 on April 9 — the highest price since February 2018 — after 30% daily gains as trading volumes topped $250

Real Vision co-founder and CEO Raoul Pal has sparked a spirited debate after predicting that Ethereum and other coins with “network effects” will outperform Bitcoin over time. Pal shared a chart of Ether’s price relative to BTC since Aug. 7, 2015 —  six years after Bitcoin was created — showing that “ETH has outperformed BTC by

Blockchain security company Beosin has been the focus of a major scandal after its Chief Marketing Officer Gao Ziyang was taken into custody and charged with embezzlement of state-owned assets. He is alleged to have been using government funds to unsuccessfully short BTC, resulting in a massive liquidation of over 300 million renminbi, or $45

Bitcoin’s bull run from last year has caused even some of its biggest skeptics to soften their stance. From economists to hedge fund managers, the world is opening itself up to technology, and at the center of this movement is decentralized finance, or DeFi. While the market capitalization of all cryptocurrencies has hit $2 trillion,

Veteran trader and Bitcoin enthusiast Peter Brandt is turning bullish on XRP as the asset surges by 63% in one week. This week, Brandt has seemingly changed his tune on the crypto asset. In a new tweet, the career trader tells his 456,000 followers that XRP is poised to break out against Bitcoin (XRP/BTC). “This

Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the U.S.-based miner is set to purchase Whinstone US Inc, currently owned by Northern Data. The planned purchase was announced via a press release by Riot Blockchain on Thursday, with the U.S. Bitcoin miner paying $80 million in cash. The remainder will

Bitcoin (BTC) can undermine the U.S. dollar if the United States does not take a lead role in accepting it, argues Anthony Pompliano. Speaking to CNBC on April 8, the Morgan Creek Digital co-founder followed up on a warning from investor Peter Thiel that China could use Bitcoin to destabilize USD hegemony. Thiel cautions over