Category: Bitcoin

Despite Bitcoin (BTC) slipping back below $50,000, more and more investors are likely to move their capital into Bitcoin and gold markets in the second half of 2021 (H2), asserted to Mike McGlone on Aug. 23, the senior commodity strategist at Bloomberg Intelligence. The financial analyst cited the consistently lower yields offered by the 30-year US

Dan Held, the director of growth marketing at crypto exchange Kraken, says that Bitcoin (BTC) could surge by over 500% if the top cryptocurrency follows the cycle of its 2013 bull run. In a new interview on Altcoin Daily, Held compares the current state of the crypto market to what happened in 2013.   “This

Major South Korean cryptocurrency company Upbit has reportedly submitted a business report with the Korean Financial Intelligence Unit (FIU). Upbit reported its virtual asset business to the FIU, which operates under South Korea’s top financial regulator, the Financial Services Commission (FSC). Upbit’s operator Dunamu announced the news on Friday, The Korea Economic Daily reported. Upbit

Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining.  A recent report claimed that the Office of the People’s Government of Yingjiang County issued notice to hydropower plants to strengthen oversight on Bitcoin mining operations. According to the announcement, the

Bitcoin (BTC) is back at $50,000 as a new week gets underway with a bang. After a strong weekend, Bitcoin finally crossed the long-awaited $50,000 mark overnight on Sunday. Along with a firm sense of déjà vu, traders are naturally curious as to what will happen next — and crucially whether Bitcoin has bitten off

Xiaomi India — the subcontinent’s branch of the major mobile phone manufacturer — is interested in the cryptocurrency industry, but needs regulatory clarity from the government. The firm’s managing director, Manu Jain, said in an interview with The Economic Times, “We will want to wait for all the regulatory things. Of course, crypto is an area, which

Jurrien Timmer, global macro director at financial giant Fidelity, says Bitcoin (BTC) looks primed to resume its uptrend as the leading cryptocurrency threatens to rally above $50,000. In a new tweetstorm, Timmer tells his 62,800 followers that BTC is “no longer a sideshow” as the king crypto’s market cap inches closer to previous highs.  

The Bitcoin (BTC) price was back on the offensive late Sunday, touching $50,000 for the first time since May and signaling that the bull market was fast approaching its second leg.  The BTC price peaked at $50,270.00 on Bitstamp, having gained 3% on the day, according to Cointelegraph Markets Pro. The largest cryptocurrency has a

Hip hop legend Busta Rhymes says he’s considering trying to get paid in Bitcoin (BTC).   The “Break Ya Neck” superstar told his 3.8 million fans on Twitter that he was thinking about accepting BTC for concerts and other business dealings. GOOD MORNING! thinkin about gettin’ payment in #Bitcoin for shows and future business dealings. Should

Police officers in Hong Kong have arrested 19 people who are allegedly involved in a $1.4-million fake crypto investment scheme. The fraudsters reportedly told their victims that they could make a fortune if they invest in cryptocurrency and lured them with images of luxury lifestyles.   According to RTHK News, the scammers targeted 170 individuals