Bitcoin daily chart Bitcoin trades lower on Tuesday as general crypto sentiment remain weak. The market seems to be stuck between a rock and a hard place since the halving event took place last week. Now BTC/USD dipped below the 9K level after rejecting the 10K resistance zone twice in relatively quick Read more…
Bitwage has announced the launch of what’s reportedly the world’s first Bitcoin 401(k) plan, enabling companies to give employees the ability to invest their pre and post-tax dollars in Bitcoin. Announced by Bitwage CEO, Jonathan Chester, the launch comes after the company tested the system for ten months on its own Read more…
In a recently published tweet, macroeconomist and trader Henrik Zeberg says that the Bitcoin price is still on track to collapse the $1,760 level by July. This almost certainly takes the cake when it comes to the most bearish price predictions. #Bitcoin breaking trendline! Did decline towards ~1760 USD begin? I will Read more…
By Frank Holmes, CEO and CIO, U.S. Global Investors Last week I was honored to participate in the first virtual Consensus cryptocurrency conference, hosted by CoinDesk. In years past, the annual gathering—attended by the world’s biggest crypto and blockchain companies, experts, entrepreneurs and investors—has been held in New York, but Read more…
Elon Musk, the often controversial CEO of Tesla, recently shared his thoughts on crypto and Bitcoin during the Third Row Tesla Podcast, saying he is generally ‘neither here nor there on Bitcoin’. However, he did concede that the Bitcoin whitepaper, written by Satoshi Nakamoto, was ‘pretty clever’. Musk’s criticism of crypto and Read more…
To scholars and activists left and right, human nature is the enemy. If it were not for human nature, the environmentalists believe, the forests and fields and natural wonders of the world would be pristine and perfect. If it were not for human nature, believe the behavioral economists, we would make better choices – save Read more…
With Bitcoin mounting a comeback since March, approaching the highs of February recently, now investors are wondering what the longer-term prospects of the cryptocurrency may hold. After cresting 10,000 in February, following a run-up that began in December, the world’s most renowned cryptocurrency plummeted once again, leaving investors frustrated and Read more…
The class-action lawsuit filed by the Kleiman Estate against Craig Wright, the self-proclaimed Bitcoin creator and former partner of late Dave Kleiman has seen several twists and turns with no definitive outcome. Kleiman Estate is suing Wright to get access to the Bitcoin mined by Wright in partnership with Dave Read more…
Bitcoin has proved its superiority to the banks as a means of making massive value transactions once again. This time, $400 million worth of the digital currency was transferred for a total fee of just $2.50. The huge transaction was reported earlier today by YouTuber Ivan on Tech (@IvanOnTech) via Twitter. Posting a Read more…
A 50-year old ex-fund manager Vlas Matveev, has recorded a loss of $250,000 to a US-based hedge fund company Cryptolab Capital after a news that the company is liquidating. The Cryptolab Capital, a mixed-strategy investment firm, was said to have attracted investors with the promise of outstanding returns on their Read more…