Category: Bitcoin

Margin trading allows investors to borrow stablecoins or cryptocurrency to leverage their position and improve the expected return. For example, borrowing Tether (USDT) will allow one to buy Bitcoin, thus increasing their Bitcoin (BTC) long position in.  Investors can also borrow BTC to margin trade a short position, thus betting on price downside. This is

Jack Dorsey’s Square is partnering with prominent Bitcoin development company Blockstream to create a new solar-powered BTC mining facility. According to an announcement from Blockstream, the blockchain powerhouse is collaborating with the payments giant in an effort to develop a scalable and sustainable Bitcoin mining process.   “Square intends to invest $5 million in the

Emerging markets appear to be punching above their weight when it comes to Bitcoin (BTC) investment, offering further evidence of growing worldwide adoption, according to a new report from cryptocurrency analytics firm Chainalysis.  A geographic analysis of realized Bitcoin gains revealed that investors in the United States generated $4.1 billion in returns last year, which

Many years ago, I ran hedge funds on Wall Street. With a long pause for philanthropic and government work, I eventually found my way to blockchain, and now, I spend my days writing about decentralized finance versus centralized finance. Some of my old Wall Street friends still run a lot of money in hedge funds,

A lackluster balance sheet, excessive debt load, and over-leveraged exposure to Bitcoin (BTC) have crashed MicroStrategy (MSTR) stock by more than 63% since February 2021 already. Nevertheless, the business intelligence company has ignored the risks of its frothy valuations; it now wants to raise more debts and buy Bitcoin with proceeds. MicroStrategy announced Monday morning

El Salvador is poised to become the world’s first sovereign nation to embrace Bitcoin (BTC) as legal tender.  In a video broadcast at the Bitcoin 2021 Conference, El Salvador President Nayib Bukele unveils his plans to introduce legislation that will recognize Bitcoin as a legally accepted currency in the country alongside the US dollar.   

Former United States President Donald Trump has once again slammed Bitcoin (BTC). Appearing on FOX Business Monday, the former president remarked: “Bitcoin, it just seems like a scam […] I don’t like it because it is another currency competing against the dollar; essentially it is a currency competing against the dollar. I want the dollar to

Bitcoin (BTC) hodlers who want to earn BTC tax-free will get help to stay in El Salvador, the country’s president has said. In a tweet on Monday, President Nayib Bukele said that his government would “help” settle foreign workers. El Salvador: “We’ll help with this” The announcement is one of many that continue to come

Business tycoon and Shark Tank star Kevin O’Leary is betting on a wave of institutional money flooding into Bitcoin once it solves a controversial issue.  In an interview with Kitco News, O’Leary explains that although he’s very bullish on Bitcoin, big money won’t be entering the space until Bitcoin miners can address environmental, social and

United States lawmakers have deliberated on the prospect of banning cryptocurrencies as a solution to the ransomware attacks that befell U.S. institutions in the past month, and opinions appear to be mixed. The largest fuel pipeline in America was brought to a halt in early May when hackers infected the computer networks of Colonial Pipeline.