Bitcoin

American investor and fund manager Bill Miller says Bitcoin is not a bubble.

Bill Miller, a well-known American investor and fund manager, said that Bitcoin is not a bubble. The American investor also termed BTC as "Digital Gold" in an interview with CNBC. The world's largest cryptocurrency is currently trading nearly $54,500 with a...

JPMorgan warns of BTC slump after Bitcoin futures markets experience steep liquidation.

If the leading cryptocurrency isn’t able to break back above $60,000 soon, momentum signals will collapse, strategists at JPMorgan led by Panigirtzoglou wrote in a note Tuesday. It’s likely traders, including Commodity Trading Advisers (CTAs) and crypto funds, were...

Bitmain is launching a new mining model on the Ethereum network.

Beijing-based crypto mining hardware manufacturer Bitmain announced on Friday that its AntMiner E9 is coming soon, which will be an application-specific integrated circuit (ASIC) miner that runs on the Ethash algorithm. This move comes amid surging mining revenues on Ethereum, which...

Turkey’s central bank bans the use of cryptocurrency for payments.

In legislation published in the Official Gazette overnight, the Central Bank of Turkey (CBRT) said cryptocurrencies and other such digital assets based on distributed ledger technology could not be used directly or indirectly as an instrument of payment, as...

HSBC bans customers from buying MicroStrategy’s shares due to bitcoin concerns.

Investment banking giant HSBC has confirmed banning customers of HSBC InvestDirect from buying MicroStrategy shares due to bitcoin concerns. "HSBC has no appetite for direct exposure to virtual currencies and limited appetite to facilitate products or securities that...

Bitcoin market dominance is at its lowest since April 2019.

The leading cryptocurrency bitcoin soared above $60,000 yesterday after a significant rise in demand. The cryptocurrency is currently trading near $60,200 with a market cap of more than $1.1 trillion. According to Coinmarketcap, the market dominance of Bitcoin has...

Ukrainian public officials own $2.6 billion in bitcoin.

According to the Opendatabot site, Ukrainian public officials currently hold a total of 46,351 BTC, which is worth over 75 billion hryvnias ($2.66 billion) as of press time. The declaration's campaign ended on March 31, 2021. But bitcoin is not the...

Bitcoin price soars above $61,000; breaks another all-time high.

Bitcoin continues to witness a massive winning rally as the price of the leading cryptocurrency once again broke its all-time high. At the time of writing, BTC is changing hands at $61,184, breaking its previous all-time high. Bitcoin has...

China’s Meitu acquired more Bitcoin worth $10 million.

Chinese app developer Meitu said Thursday that its wholly-owned subsidiary in Hong Kong acquired an additional 175.6 units of Bitcoin worth approximately $10 million, bringing its total purchase of the cryptocurrency to over 940 coins worth about $100 million....

Tesla’s landlord to accept bitcoin after a partnership with Gemini.

While no announcement has been made by the “Technoking” himself, news broke on April 7 regarding a partnership between Los Angeles real-estate firm Caruso Properties and the Gemini cryptocurrency exchange, founded by the Winklevoss twins. Following the partnership, Caruso will...

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American investor and fund manager Bill Miller says Bitcoin is not a bubble.

Bill Miller, a well-known American investor and fund manager, said that Bitcoin is not a bubble. The American investor...