Key takeaways Peter Schiff calls for the abolition of the SEC due to Bitcoin futures ETF approval. The gold bull describes the ETF as just another way to “gamble” on Bitcoin. Bitcoin continues to surge even as the ProShares ETF has an impressive first week. Peter Schiff, founder of Europac Funds, who is also a known gold bull and Bitcoin […]

The ever hilarious meme-loving Tesla Technoking, Elon Musk, took to Twitter yesterday to peg his predicted BTC all-time high to a higher figure with a raunchy undertone. Elon is rooting for $69,000, not $70,000 or $100,000 and everyone can see why. With only 6.5% left to beat this newly-set odious resistance, Elon is looking to eulogize Bitcoin for its resilient […]

Inflation concerns driving funds out of gold and into bitcoin have helped the flagship cryptocurrency hit its new all-time high near $67,000, not demand related to the first bitcoin futures exchange-traded fund (ETF) listed on the New York Stock Exchange. According to Bloomberg, JPMorgan strategists have said that by itself the launch of ProShares’ Bitcoin Strategy ETF, which trades under […]

The number of accounts holding 10,000 BTC or less has dropped to its lowest ebb in 8 years. On the bright side, the number of addresses that own between 100-1,000 BTC has gained momentum in recent days. Several reasons are responsible for this trend including El Salvador’s Bitcoin adoption and the swirling news about the Bitcoin ETFs. BTC whales are […]

The SEC has given the nod for the first Bitcoin ETF to open its door to potential investors after eight long years. Several analysts tipped October to be the month that could see approval from the commission. Bitcoin ETF Isn’t A Specter, It’s Real Cryptocurrency investors felt sheer ecstasy when word broke out that the Securities and Exchange Commission had […]

On Monday (October 18), billionaire activist investor Carl Icahn, the Chairman of American conglomerate Icahn Enterprises, shared his thoughts on the state of the markets, inflation, and potential use of Bitcoin as a hedge against higher inflation. Icahn’s comments were made during an interview with Scott Wapner, the host of CNBC’s “Fast Money Halftime Report“. Here are a few highlights from this interview […]

Mining bitcoin has generated a lot of debate over the last year regarding electricity and energy usage. Experts believe that a veritable option to revamp the mining industry could be nuclear energy. Alternative forms like geothermal energy and mining on oil fields have been advanced but they all have their attendant drawbacks. Bitcoin mining has faced a slew of criticisms […]

On Tuesday (October 19), RegTech firm Chainalysis announced announced that it is “expanding its long-standing partnership with NYDIG, a leading Bitcoin technology and financial services firm, to execute a purchase of bitcoin for the firm’s balance sheet.” According to the blog post published by Chainalysis team earlier today, NYDIG “played a critical role in enabling Chainalysis to buy and custody bitcoin.” Nate […]

Richard Branson once said that “Business opportunities are like buses; there’s always another one coming” and this holds true with Bitcoin. As Bitcoin edges closer to recouping April’s high of $64,854, this presents yet another make-or-break moment for the entire crypto market, with some quarters preparing for the worst in expectation of a massive dump. Even worse, novice traders/investors are the […]