Whales now control almost half the Bitcoin supply
Millionaires in Bitcoin have amassed 90,000 BTC in the last 25 days, taking advantage of the falling price to buy. One man’s loss is another man’s gain. In the Bitcoin market, this…
Bitcoin
Legendary investor Paul Tudor Jones recommends 5% Bitcoin exposure
In an interview with CNBC News, billionaire and fund manager, Paul Tudor Jones made it known that he will invest 5% of his wealth in Bitcoin given the inflationary threat to the US economy. Bitcoin…
Elon Musk will not be part of the Bitcoin Mining Council
A group of Bitcoin miners determined to rehabilitate Bitcoin, the Bitcoin Mining Council prefers to do without Musk and his devastating tweets. Between the Bitcoin community and Elon Musk, it’s…
Top Biden Advisor holds more than $1 million in Bitcoin
The Biden administration is not known for its love of Bitcoin. In particular, Janet Yellen, the head of the U.S. Treasury has repeatedly spoken of her reservations about cryptos. Also, this news has…
Has Bitcoin reached the buy-zone?
While it was trading near $38,000 yesterday afternoon, Bitcoin fell sharply last night and overnight, bottoming out at $32,450 around 4am. This represents an impressive drop of about 15% in about 12…
Trump calls Bitcoin “A Scam”
In a broadcast on Fox News, former US President Donald Trump declared Bitcoin a scam against the dollar. An hour after his statement, the price of Bitcoin fell by 1.3%, from $36,472 to $35,973. Yet…
Bitcoin is “digital copper,” says Goldman Sachs
More investors are turning to gold as an alternative to Bitcoin, observes Goldman Sachs’ head of commodities. Gold and Bitcoin are frequently lumped together. BTC is thus referred to as digital…
Recent BTC crash was hardest on newcomers
Bitcoin recorded the most significant decline in its history. It is the result of misleading information and massive sales by recent BTC buyers. Hard to argue with that. Week 21 was historic for…
Bitcoin’s falling: Time to buy?
The panic of new investors accentuated the fall in the price of BTC. Long-term holders, on the other hand, are accumulating, like MicroStrategy. The Bitcoin investor market can be divided into two…
Bitcoin is going through its biggest correction in 2021
Elon Musk has triggered the most significant correction in Bitcoin since the 2021 bull run. The fall is accentuated by the panic of new investors. Tesla boss Elon Musk is currently making a splash in…
While Elon Musk disavows Bitcoin, MicroStrategy buys the dip
The environment first. Tesla is giving up on Bitcoin. And that’s a mistake for BTC whale MicroStrategy, which is shelling out $15 million to acquire more crypto. “We are concerned about…
Tesla removes Bitcoin as payment option and Bitcoin price tanks
Elon Musk has dropped a bombshell on the cryptocurrency market. For environmental reasons, Tesla is no longer accepting payments from its customers in Bitcoin. The cryptocurrency market is in deep…