Category: Bitcoin

Analyst and trader Josh Rager is unveiling that he’s buying four cryptocurrencies amid the sustained correction in the digital asset market. In a new tweet, the popular crypto strategist tells his 173,400 followers that he’s scooping up Bitcoin (BTC), Ethereum (ETH), smart contract platform Solana (SOL) and multi-scaling solution Polygon (MATIC).   Current positions $BTC

China’s stance towards decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCnews have both claimed that as of June 9, search results for some of the world’s leading cryptocurrency exchanges are pulling up zero results. Cointelegraph’s staff in China have themselves searched for cryptocurrency exchanges on the

Tesla CEO Elon Musk has been criticized for wielding what many perceive to be irresponsible influence over the cryptocurrency market. Musk regularly took to Twitter to post memes and hot takes on various cryptocurrencies throughout most of 2021, not least Bitcoin (BTC) and Dogecoin (DOGE). Musk soon added another coin to that list — CumRocket

Blockchain analytics firm Glassnode is weighing in on the supply dynamics of Bitcoin and how long-term holders are reacting to the most recent crypto correction. In its latest newsletter, Glassnode highlights that hundreds of thousands of BTC have moved hands in the last 30 days as the flagship cryptocurrency lost around 50% of its value

The crypto markets are against dropping, with Bitcoin (BTC) crashing below $33,000 for the first time since May 23 as Ether (ETH) similarly broke below support at $2,500. The downward momentum comes as bearish indicators continue to stack up for Bitcoin, with popular analyst William Clemente III identifying that miners sold more than 5,000 BTC

A key White House advisor holds at least $1 million in Bitcoin. Tim Wu, who advises the Biden administration on technology and competition policy, keeps a large portion of his wealth in the world’s leading cryptocurrency.   Known for being a tough critic of Big Tech and their centralized power, Wu owns between $1 million

Cryptocurrencies might be anathema for certain members of United States President Joe Biden’s administration, but that has not stopped one staffer from owning a small fortune in Bitcoin (BTC). According to a report by Politico on Monday, Tim Wu, special assistant for technology and competition policy to the president at the National Economic Council, owns

A member of Paraguay’s lower house is revealing that the South American country will launch an important project involving Bitcoin. Carlos Rejala tells his 48,000 followers to expect a big announcement this week while mentioning both Bitcoin and PayPal in the same tweet.   “As I was saying a long time ago, our country needs

May was a testing time for cryptocurrencies like Bitcoin (BTC). The flagship digital asset was already wobbling after rallying to nearly $65,000 in mid April, owing to profit-taking sentiment among traders. Elon Musk accelerated the sell-off by reversing his company’s plans to accept Bitcoin as payment for Tesla’s electric cars. Later in the month, the

London-based asset management firm Ruffer is revealing that it locked in a profit of more than a billion dollars after investing in Bitcoin for a few months. In an interview with the Times, Ruffer’s investment director Hamish Baillie says the firm made an initial investment of around $600 million in November last year. The investment