Bitcoin News / Bitcoin.com - 3 years ago
Billionaire investor and CEO of Point 72 Asset Management, Steve Cohen, says he is taking a deep dive into cryptocurrency. Emphasizing that he is “fully converted,” the billionaire said, “I’m not going to miss this. I already...
Bitcoin News / Bitcoin.com - 3 years ago
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.” He further explained that the problem with cryptocurrency is the leverage.
Michael Burry Warns of Mother of All...
Bitcoin News / Bitcoin.com - 3 years ago
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tende...
Bitcoin News / Bitcoin.com - 3 years ago
The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming f...
Bitcoin News / Bitcoin.com - 3 years ago
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as...
Bitcoin News / Bitcoin.com - 3 years ago
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving avera...
Bitcoin News / Bitcoin.com - 3 years ago
The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto se...
Bitcoin News / Bitcoin.com - 3 years ago
The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that will allow fintech start-ups to test their innovative financial solutions in a controlled environment. Already, one firm, M/S Wave Transfer Limited, has received approval...
Bitcoin News / Bitcoin.com - 3 years ago
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The do...
Bitcoin News / Bitcoin.com - 3 years ago
The global nonprofit Operation Smile has announced the organization is now accepting crypto assets like bitcoin and dogecoin. The nonprofit is a surgical volunteer-based outfit that helps people with cleft conditions improve their lifestyles.
Surgica...
Bitcoin News / Bitcoin.com - 3 years ago
Regional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and verge mining. The Chinese reporter who disclosed the information says the new Bitmain model has a hashrate of aro...
Bitcoin News / Bitcoin.com - 3 years ago
Cornell University professor of economics and former head of the IMF’s China division, Eswar Prasad, sees three major flaws in bitcoin. Because of these flaws, the professor says that “bitcoin really has set off something of a search for...
Bitcoin News / Bitcoin.com - 3 years ago
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted the “biggest crash” in world history. He also expects the price of bitcoin to fall to the $24K level.
Robert Kiyosaki Foresees Biggest Crash in His...
Bitcoin News / Bitcoin.com - 3 years ago
Grayscale Investments is considering 31 crypto assets to add to its family of investment products. The company, with $32.9 billion in crypto assets under management, currently offers investments in 13 cryptocurrencies.
Grayscale Investments announce...
Bitcoin News / Bitcoin.com - 3 years ago
Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show the hashrate has been fluctuating wildly, and across the last week it has slid downward rou...
Bitcoin News / Bitcoin.com - 3 years ago
H-E-B shoppers will soon be able to obtain digital assets at more than two dozen locations in Texas. Coin Cloud, a crypto automated teller machine (ATM) provider, says 29 H-E-B stores will feature kiosks that provide access to more than 30 crypto ass...
Bitcoin News / Bitcoin.com - 3 years ago
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company&rsq...
Bitcoin News / Bitcoin.com - 3 years ago
Indian rapper Raftaar is reportedly accepting cryptocurrency for his upcoming performance in Canada. “Nevertheless, I’ve finally taken the baby steps in this direction and all the credit goes to my manager, Ankit Khanna for making this dr...
Bitcoin News / Bitcoin.com - 3 years ago
India’s Narcotics Control Bureau (NCB) has arrested a Mumbai resident known as “crypto king,” who allegedly used bitcoin to purchase narcotics on the dark web. Indian cryptocurrency exchange Wazirx says the accused is not one of its...
Bitcoin News / Bitcoin.com - 3 years ago
CEBL, the Canadian menβs basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurren...
Bitcoin News / Bitcoin.com - 3 years ago
A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on June 8, asks for the creation of a group to study the implementation of a digital currency in the Eurozone. This st...
Bitcoin News / Bitcoin.com - 3 years ago
Ledger customers are receiving fake wallets by mail to steal their cryptocurrency. A user in Reddit reported receiving a suspicious package that claimed to be mailed by Ledger. The package included a letter stating the user needed to substitute the c...
Bitcoin News / Bitcoin.com - 3 years ago
Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards d...
Bitcoin News / Bitcoin.com - 3 years ago
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment...
Bitcoin News / Bitcoin.com - 3 years ago
The American professional stock car racing driver, Landon Cassill, has announced he has partnered with the crypto-asset platform Voyager Digital Ltd. in order to get paid in cryptocurrency. Cassill’s announcement notes that the racer will be pa...