Key Bitcoin Takeaways Bitcoin plunged by almost 5.5 percent on Monday after setting up a record high in the previous session. The one-day drop is the largest since February 10, pointing to extended intraday declines as the European session matures. Long-term sentiment remains bullish on growing corporate adoption against the US dollar depreciation. Bitcoin (BTC/USD) sold off heavily throughout the […]

MicroStrategy Inc. boosted its convertible debt sale to purchase Bitcoin by nearly half and cut the coupon to 0%, making it virtually a straight bet on the price of Bitcoin. Microstrategy’s Keen Investment in Bitcoin The company already has nearly 72,000 bitcoins as of February 2. Based on the price of virtual currency on Tuesday, it costs almost $3.6 billion. […]

The crypto industry has been abuzz with growing expectations as many celebrated Bitcoin for its recent price movement. Bitcoin has performed very impressively since the beginning of the year, and now, things seem to be getting even rosier for BTC holders. Many analysts and traders have previously projected that Bitcoin could hit a $1 trillion market cap this year. The […]

Billionaire investor Jeffrey Gundlach, CEO of DoubleLine Capital, has revealed that while he is still a long-term dollar bear and gold bull, sees bitcoin as a better bet after turning neutral on both the U.S. dollar and gold. In a tweet, Gundlach said bitcoin may well be the “stimulus asset,” referencing the cryptocurrency’s surge over the last few months amid […]

Bitcoin has risen above $1 trillion in market cap for the first time ever as the currency jumped to nearly $55,000. That’s a new all time high as Microstrategy gets ready to buy about $1 billion worth of digital gold. Bitcoin rose another circa 5% today with institutional investors nearing fomo as gold bulls reach angery stage while stonkies start […]

When bitcoin and cryptocurrencies were first created, they were made to potentially replace fiat. The fact is that the Great Recession – which is when bitcoin was first introduced to the world – brought a lot of people’s confidence in standard money and institutions down, and cryptocurrency could have possibly served as the answer they were looking for. However, according […]

The world’s richest man has once again shared his thoughts about bitcoin. In a series of tweets, Elon Musk said that cash has negative real interest rates and only “fools” would not explore other investment options such as bitcoin. “Only A Fool Wouldn’t Look Elsewhere” The Tesla and SpaceX CEO is known for his advocacy of cryptocurrencies, most notably meme […]

No doubt that with bitcoin and the establishment of the crypto space about 12 years ago came the furthering of financial crime. To this day, many analysts and industry experts express concern regarding the amount of money laundering and other forms of criminal behavior that continue to rock the crypto space and drag it further away from legitimate or mainstream […]