Bitcoin News

Anthony Scaramucci says anyone who studies bitcoin understands its potential.

In an interview with CNBC, Hedge fund investor Anthony Scaramucci argued that anyone who studies the original cryptocurrency bitcoin carefully and understands it will be convinced of its potential. "Do the homework on bitcoin, understand what it is," the...

PayPal co-founder says he “underinvested” in bitcoin.

As Bitcoin reached a new all-time high above $67,000, PayPal co-founder and billionaire venture capitalist Peter Thiel said he should have bought more Bitcoin. Thiel spoke of cryptocurrencies, central banks, and artificial intelligence (AI) during an interview in Miami...

Bitcoin sets a new all-time-high record as it trades near $67,000.

The largest cryptocurrency by market cap, bitcoin, saw a spike of over 7% on Wednesday. Investors cheered the Proshares Bitcoin Strategy ETF, which launched on the the New York Stock Exchange (NYSE) in the previous session. The first-ever BTC-related...

Bitcoin trades near $64,000 after U.S ETF becomes a reality.

The leading cryptocurrency bitcoin traded near an all-time high on Wednesday, the day after the first U.S. bitcoin futures-based exchange-traded fund (ETF) began trading, a development that market participants say is likely to drive investment into the cryptocurrency. The...

Bitcoin adoption gains momentum in El Salvador as citizens exchange their U.S. dollars for bitcoin.

El Salvador’s mainstream Bitcoin adoption has gained momentum during the ongoing bull run as citizens increasingly exchange their United States dollar savings for Bitcoin. President Nayib Bukele shared this new development on Twitter based on the data acquired from...

The total active Bitcoin entities increased by 19% in October.

The on-chain activity of Bitcoin has recovered quickly in the last two weeks. The total active BTC entities and the average transaction size have increased sharply since the start of October 2021. The recent weekly on-chain analysis report published...

JPMorgan CEO says bitcoin is “worthless” and is due for regulation.

Jamie Dimon, JPMorgan Chase & Co chief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is "worthless," Reuters reported. "No matter what anyone thinks about it, the...

US Senator Ted Cruz says Texas should use abundant energy for bitcoin mining.

Ted Cruz, the US Senator from Texas, recently addressed the Texas Blockchain Summit and mentioned that the state could use abundant energy for Bitcoin mining. Cruz also highlighted the key benefits of Bitcoin mining through natural gas. Bitcoin mining has always...

JPMorgan analyst says institutional investors see bitcoin as an inflation hedge.

Bitcoin finally jumped above the market cap of $1 trillion this week for the first time since mid-May 2021. According to JPMorgan, the rising interest from institutional investors played a major role in the latest BTC rally. According to...

Bitcoin breaks above $55,000, hitting the highest level since mid-May.

Bitcoin rallied on Wednesday, soaring above $55,000 and hitting its highest level since mid-May. Regulatory fears have eased this week after both Treasury Secretary Janet Yellen and SEC chair Gary Gensler noted that they have no plans to impose...

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The European Central Bank appoints an advisory group for the digital euro project.

The European Central Bank has announced the appointment of the Digital Euro Market Advisory Group. This organization will give council to...