Market participants are flocking into positions as the crypto market rallies to higher highs. Bitcoin is one of the cryptocurrencies that has taken the lead in the recent run-up, fueled by massive buying pressure from whales. According to a report by Kraken exchange, whales have been accumulating bitcoin and are not ready to sell just yet. Whales Are Leading The […]

Key Takeaways  Anthony Scaramucci, CEO of Skybridge reveals that the firm has over $1 billion in Bitcoin. Scaramucci has remained bullish on crypto since having a change of heart last year.   The Bitcoin proponent still stands firm on his $100,000 price prediction. “We’ve got almost a billion dollars in Bitcoin,” said CEO of global investment firm Skybridge Capital, Anthony Scaramucci. […]

A US lawmaker has given the nod to bitcoin over all others to be the world’s reserve currency. The US dollar is currently the world’s reserve currency but it is fraught with its own unique problems that makes it replaceable. The Senator is revealed to have accepted bitcoin in 2016 as part of his election campaign. Bitcoin gets another praise […]

Bitcoin is headed for the $90,000 to $100,000 price mark according to Bloomberg analysts. The big bull is facing minor drawbacks as volatility rises. The 4th quarter remains as promising to Bitcoiners as it is uncertain for skeptics. The price of bitcoin is poised to increase significantly in the coming weeks. This is according to market players that are citing […]

Key takeaways Dan Held, head of growth at Kraken, reiterated the importance of “hodling.” The staunch Bitcoiner calls hodlers the true revolutionaries.  For Held, Bitcoin remains the purest form of sound money and hodlers get their reward from knowing this.  The role that ardent early believers and long-term holders of Bitcoin play can not be overemphasized. “Hodlers” as they are […]

Bitcoin broke through the previous price roof in the wake of an ETF approval in the US and reached an all-time high of $66,909, eliciting huge excitement among proponents. From Reddit, Medium, and Facebook, to Twitter, the social media realm was awash with massive praises of the digital currency, from the right and left segments. And it appears to be […]

PayPal has recorded its biggest BTC volume since May in the wake of the asset setting a new all-time high. Information is sparse whether or not the reason for the spike is a result of accumulation or due to retail traders taking profits. PayPal unveiled the service that allowed customers to buy, hold and sell Bitcoins with their accounts. Payment […]

Houston Firefighters’ pension fund has purchased $25 million in bitcoin and ether. The fund, which has over $4 billion of assets, invested in NYDIG, a Bitcoin-focused subsidiary of asset manager Stone Ridge. A spokesman representing both the two firms confirmed this in an email. The Houston Firefighters’ Relief and Retirement Fund said the investment had been years in the making. […]

Key takeaways Bitcoin Core maintainer and contributor Jonas Schnelli announces that he is stepping down. He cites shifting interest and growing legal risks as his reason. Bitcoin core developers have however faced recent financial hurdles that could have also contributed.  The Bitcoin community is now coming to terms with the announcement by one of the network’s core maintainers and contributors, […]