Bitcoin

Bitcoin was the first cryptocurrency to ever be created. It’s an open-source, decentralized, peer-to-peer cryptocurrency created by Satoshi Nakamoto, an unknown person or group, who first introduced BTC (or XBT) to the world through an email sent to a cryptography mailing list .

It functions without a central bank or centralized administrator, and its transactions are semi-anonymous. New bitcoins are introduced to the market through a mining process, which rewards those that secure the network through what’s known as a proof-of-work (PoW) consensus algorithm.

Bitcoin’s maximum supply is capped at 21 million, and the very last BTC is expected to be mined in 2140.

Charles Schwab CEO: ‘Crypto Is Hard To Ignore’

In an interview on Wednesday (January 19), Walter W. Bettinger II, the CEO of Charles Schwab Corporation (NYSE: SCHW) — which is “the largest publicly traded investment services firm in the United States”) — shared his thoughts on crypto. Bettinger has been CEO of Schwab since late 2008 and he was President from 2007 to […]

MicroStrategy CEO Michael Saylor Explains Why Bitcoin Is Both a Blessing and a Curse

In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), shared his latest thoughts on Bitcoin and more specifically its price action. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to […]

Invesco Analyst Predicts Bitcoin Tumbling Below $30K as Warning Signs Mount

An analyst for US-based investment management firm Invesco predicts that Bitcoin’s price could fall below $30,000 before the end of the year.  According to a report by Business Insider, strategist Paul Jackson warned in a recent note that Bitcoin had a roughly 30% chance of plunging in value to below $30K. Jackson compared the unbridled […]

If $10K Worth of Free Bitcoin Sounds Interesting, U.S. State of Arkansas Might Want To Talk to You

A non-profit organization in Arkansas is attempting to lure remote workers to the state by offering $10,000 in Bitcoin.  According to a report by CNBC, the Northwest Arkansas (NWA) Council is offering remote tech professionals and entrepreneurs $10,000 in Bitcoin to bring their skills and wealth to the state. The non-profit claims Northwest Arkansas is […]

Latest Bitmain Bitcoin Mining Rig to Include Liquid Cooling Technology

Bitmain is adding liquid cooling technology to its latest Bitcoin mining rig, the Antminer S19 Pro+ Hyd. According to a report by CoinDesk, Bitmain, one of the world’s largest Bitcoin mining rig manufacturers, has added liquid cooling technology for the first time in its latest product release. The Antminer S19 Pro+ Hyd., will have a […]

Bitcoin Gets Political as the U.S. Prepares for Midterm Elections

Bitcoin has become an increasingly leaned upon tool by politicians and candidates across the U.S. in preparation for 2022’s midterm elections.  According to a new report by Politico, Bitcoin is frequently being referenced by politicians as a key part of their platform, in addition to being a tool for donations.  The report reads: “Josh Mandel, […]

Hedge Fund Manager: Bitcoin Will ‘Eventually Be Worth Over $1 Million per Coin’

On Wednesday (January 19), hedge fund manager James Lavish explains using “simple math” why he believes that the price of Bitcoin will eventually reach one million dollars. Lavish currently works at Texas-based SEC-registered investment advisory firm Luther King Capital Management (“LKCM”), which he joined in 2006, and where he works as COO of LKCM Private Discipline […]

Singapore Bans Crypto ATMs, UK Promises To Clamp Down on Misleading Crypto Ads

On Monday (January 17), the financial regulator of one of the world’s most crypto-friendly nations, the Monetary Authority of Singapore (“MAS”), published PS-G02, which was titled “Guidelines on Provision of Digital Payment Token Services to the Public”. In the Introduction part of this document, the MAS pointed out that it has “consistently warned the public […]

Most JPMorgan Clients See Bitcoin ($BTC) Surpass $60,000 This Year

Most of JPMorgan’s clients have revealed they see the price of Bitcoin surpass the $60,000 before the end of this year, with 41% saying the cryptocurrency will trade at that level by the end of the year, 9% seeing it above $80,000 and 5% calling for $100,000. According to a note published last week, reported […]

Max Keiser: Bitcoin Will Reach $220K by End of 2022

Long time crypto supporter and Bitcoin bull Max Keiser is predicting that BTC will reach $220,000 before the end of the year. Speaking in a recent interview with Stansberry Research’s Daniela Cambone, Keiser gave the reasoning for his bullish price prediction, including a justification for why Bitcoin failed to reach six-figures in 2021.  Keiser argued […]

Fidelity Report: Countries That Become Early Bitcoin Adopters Will Be ‘Better Off’

A new report by financial services giant Fidelity claims that countries which adopt Bitcoin early will be better off than their competitors.  According to the report, Fidelity researchers believe a form of game theory is emerging on an international level between countries, with early adopters of Bitcoin poised to benefit the most.  The report reads,  […]

Bitwise CIO Lays Out Argument for Bitcoin ETF Coming in 2022

The chief investment officer for Bitwise Asset Management has laid out his argument for why a Bitcoin exchange-traded fund (ETF) will get the greenlight from regulators later this year.  Speaking in an interview with CNBC’s ETF Edge, Bitwise CIO Matt Hougan claimed to be optimistic that the U.S. Securities and Exchange Commission (SEC) will approve […]

Legendary Financial Advisor Predicts One Third of Americans Will Buy Bitcoin in 2022

Legendary financial advisor and best-selling author Ric Edelman  says that roughly a third of Americans will buy Bitcoin before the end of 2022.  In 1986, Ric Edelman and his wife Jean Edelman founded the financial planning and investment management firm Edel Financial Services. In 2018, Edelman Financial Service merged with another financial advisory firm Financial Engines […]

Legendary Chess Grandmaster Gary Kasparov Calls Bitcoin Protection Against Government

Legendary chess player and Russian grandmaster Gary Kasparov is a purported champion of cryptocurrency, equating the technology to a form of economic and individual freedom.  Kasparov, who held the No. 1 ranking in chess from 1984 to 2005, particpiated in a recent interview with CoinDesk to explain his views on cryptoassets, including as a means […]

Rio De Janeiro to Buy Crypto With 1% of City’s Treasury Reserves

The mayor of Rio de Janeiro, the financial heart of Brazil, has revealed he is planning on allocating 1% of the city’s treasury reserves to buy cryptocurrency, a move that would make Rio de Janeiro de first Brazilian city to buy BTC and potentially other cryptoassets. According to a report published by local news outlet […]

$BTC: CEO of a Swiss Bank Says Bitcoin Price Could Reach $75,000 in 2022

SEBA Bank CEO Guido Buehler talked in a recent interview about his bank’s valuation model for Bitcoin. SEBA is “a licensed and supervised Swiss bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets.” Buehler’s comments about Bitcoin in particular and crypto in general were made during an interview on Wednesday (January 12) […]

Bitcoin Price Surpassing $100,000 Is ‘Reasonable’ Says CEO of Crypto Exchange OKCoin

Hong Fang, the CEO of popular cryptocurrency exchange OKCoin, has revealed she believes it’s “reasonable” for the price of the flagship cryptocurrency to hit $100,000 in the long run, although in the short-term she admitted several market factors influence the cryptocurrency. Speaking to CNBC, Fang noted that the Bitcoin network has “no protocol risk” and […]

Nasdaq-Listed Bitcoin Mining Firm Invests $43 Million to Buy $BTC Price Dip

Nasdaq-listed Canadian cryptocurrency mining firm Bitfarms has announced it invested $43.2 million in bitcoin after the price of the flagship cryptocurrency dropped around 12% in the first week of the year in a bid to increase the amount of BTC it holds. According to a press release Bitfarms published, it published a total of 1,000 […]

Crypto Billionaire Brock Pierce Says Bitcoin Price Could Hit $200K in 2022

Bitcoin Foundation chairman and billionaire investor Brock Pierce says that one catalyst could take Bitcoin’s price to $200K this year. Speaking in a recent interview with Fox Business, Pierce said that he was mostly focused on external influences shaping the price of Bitcoin and the crypto markets. He alluded to governments around the world printing […]

Nexo Co-Founder Predicts Bitcoin Reaching $100K by Mid 2022

The co-founder of crypto lending platform Nexo has believes that Bitcoin will reach $100K by mid 2022 due to the influence of institutional treasuries and an influx of cheap money by the Fed.  Speaking in an interview with CNBC’s “Street SIgns Asia”, Nexo’s Antoni Trenchev said that Bitcoin could see further upside and surge as […]

The Fed’s Upcoming Rate Hikes Could Help Bitcoin ($BTC) Outperform Stocks in 2022: Bloomberg Analyst

 Minutes from the Federal Reserve’s last meeting in December showed that officials discussed shrinking the central bank’s swollen $8.3 trillion balance sheet and raising interest rates sooner than expected. The central bank’s hawkish stance could help bitcoin outperform stocks this year. According to Bloomberg analyst Mike McGlone, who in the January edition of Bloomberg’s Crypto […]

Bitcoin Options Volumes Rose 20% in December as Crypto Prices and Futures Volumes Plunged

In December, a total of 1,464 bitcoin options contracts were traded on the Chicago Mercantile Exchange, showing volume went up 20.6% compared to November. This is the highest level seen since May when crypto prices were at an all-time high and appeared amid a crypto market meltdown. According to CryptoCompare’s December 2021 Exchange Review report, […]

Ex-BitMEX CEO on Where Crypto Prices Will Go and How He Has Adjusted His Portfolio

Earlier today, Arthur Hayes, Co-Founder of 100x Group, published an essay on what the U.S. Federal Reserve is likely to do in 2022, how that will affect crypto prices, and how he has adjusted his personal crypto portfolio in preparation for this. 100x Group, which came into existence in July 2020, is the holding group […]

New York City Mayor Confirms He’ll Take First 3 Paychecks in Bitcoin ($BTC)

New York City mayor Eric Adams has confirmed he will be taking his first three paychecks in the flagship cryptocurrency Bitcoin ($BTC). Adams assumed office as Mayor of New York City at the beginning of this year. Speaking with CNBC’s Squawk Box, the mayor discussed the price of the flagship cryptocurrency and his pledge to […]

Nasdaq-Listed Company Offers ‘First-Ever’ Bitcoin Dividend

Nasdaq-listed blockchain infrastructure and technology firm BTCS has announced it will become the “first-ever” company listed on the exchange to offer a dividend payable in bitcoin to its shareholders. According to an announcement with the U.S. Securities and Exchange Commission (SEC), BTCS is set to pay a $0.05 per share dividend in bitcoin, based on […]

Bitcoin ($BTC) Could Hit $100,000 by Taking Further Market Share From Gold: Goldman Sachs

Bitcoin’s price rise could keep on taking further market share away from gold in the so-called “store of value” market, according to analysts from Goldman Sachs who, in a report, touted BTC could hit $100,000 in the future. As first reported by Bloomberg, Goldman Sachs’ analysts have estimated that Bitcoin’s float-adjusted market capitalization is just […]

Airbnb Could Be Launching Support for Crypto Payments Later This Year

Brian Chesky, co-founder and CEO of popular vacation rental platform Airbnb, has asked his Twitter followers to share new ideas for new services the company could roll out this year, and after receiving over 4,000 suggestions found cryptocurrency payments were a top demand. Chesky shared the results on Twitter, noting that the cryptocurrency payments suggestion […]

Bitcoin Bull Max Keiser Changes $220,000 Price Prediction to This Year Based on Hashrate ATH

Popular cryptocurrency strategist and former Wall Street trader Max Keiser has reaffirmed he believes the price of bitcoin will hit $220,000, but changed his prediction to this year as his previous prediction, for 2021, ultimately failed to materialize. According to a tweet Keiser published, he believes that the computing power behind the network, the hashrate, […]

$87 Billion Italian Bank to Let Customers Buy, Sell, and Hold Bitcoin ($BTC) on Its Platform

Banca Generali, an Italian bank with over $87 billion in assets with a reputation for working with high net worth individuals, is set to add Bitcoin buying and selling options to its platform through a partnership with Bitcoin company Conio. According to a report from local news outlet We Wealth, Banca Generali’s over 300,000 customers […]

Bitcoin Bulls Haven’t Capitulated Yet, says Veteran Analyst Who Called BTC’s 84% Decline in 2018

Peter Brandt, a widely followed cryptocurrency analyst well-known for accurately calling bitcoin’s 84% decline in 2018, has revealed he doesn’t believe bitcoin bulls have yet capitulated this cycle as he hasn’t seen a bottom occur with a high volume of panic capitulation. In an update shared with his over 600,000 followers on the microblogging platform […]

Bitcoin Celebrates Its 13th Birthday

On Monday (3 January 2022), Bitcoin is celebrating the 13th aniversary of the mining of the genesis block (i.e. block 0 of the Bitcoin network) by Bitcoin’s psenodymous creator Satoshi Nakamoto. Here are a few reactions from the crypto community: DISCLAIMER The views and opinions expressed by the author, or any people mentioned in this […]

El Salvador President’s 2022 Predictions for Bitcoin

On Sunday (2 January 2022), Salvadoran President Nayib Bukele gave his 2022 predictions for Bitcoin. As you may remember, the bill to make Bitcoin legal tender in El Salvador got passed by the Legislative Assembly on June 9 and the Bitcoin Law became effective on 7 September 2021. On 24 June 2021, President Bukele announced during a national address […]

Coinbase’s Chief Product Officer Offers 10 Crypto Space Predictions for 2022

On Thursday (December 30), Surojit Chatterjee, Chief Product Officer at Coinbase, offered “10 predictions for Web3 and the cryptoeconomy for 2022.” Chatterjee’s blog post contained the following predictions: “Eth scalability will improve, but newer L1 chains will see substantial growth” “There will be significant usability improvements in L1-L2 bridges” “Zero knowledge proof technology will get […]

Pomp: Bitcoin Is More Energy Efficienct Than TradFi

Morgan Creek Digital co-founder and long-time Bitcoin bull Anthony “Pomp” Pompliano claims that Bitcoin is more energy efficient than the traditional financial system (“TradFi”) due to its scaling metrics. During a recent interview on CNBC’s “Squawk Box”, Pomp told co-anchor Joe Kernen that Bitcoin has an advantage over the traditional banking system in that it […]

Elon Musk on Mars, Dogecoin, and Bitcoin

During a recent interview, Tesla and Space X CEO Elon Musk shared his latest thoughts on money, cryptocurrency in general, Dogecoin, and Bitcoin. His comments came an interview for episode #252 of the Lex Fridman podcast. Below are some highlights from Musk’s comments during this excellent interview. Fridman and musk started this portion of the interview […]

MicroStrategy Buys Another 1,900 Bitcoin as Its $BTC Stash Grows to Nearly $6 Billion

Nasdaq-listed business intelligence firm MicroStrategy has invested $94.2 million to buy 1,914 bitcoins during the month of December in a move that saw its BTC stash grow to nearly $6 billion in value at current prices. According to a filing with the U.S. Securities and Exchange Commission (SEC) the business intelligence firm has bought the […]

12-Year-Old Mensa Member Tells Parents He Wants Crypto for Christmas

A British schoolboy who apparently had two wishes for Christmas — an IQ test and a crypto potfolio — reportedly got both wishes granted by his parents. A report by Cointelegraph published on December 25 says that British schoolboy Barnaby Swinburn, who is a resident of Bristol, England, “had asked for two Christmas presents, a […]

Bitcoin Analyst Willy Woo Predicts $BTC Will Have a Big Rally in Q1 2022

On-chain analyst and popular market commentator Willy Woo predicts that Bitcoin will enjoy quite a rally in the first quarter of 2022. Speaking in a recent interview with Scott Melker, Woo said that Bitcoin was gearing up for a massive rally that should occur during the first two months of 2022. He said the momentum […]

Billionaire Jihan Wu: Total Crypto Market Cap Will Grow to Tens of Trillions of Dollars

Bitcoin billionaire and former Bitmain CEO Jihan Wu says that the market cap for crypto will continue to grow to tens of trillions of dollars.  Wu, who was an early adopter of Bitcoin and founding figure for crypto mining rig manufacturer Bitmain in 2013, said the market’s growth would continue despite its propensity for volatility. […]

Trump Bashes Crypto Despite His Wife Launching Solana-Powered NFT

Former U.S. President Donald Trump has called crypto “dangerous” despite his wife Melania issuing a non-fungible token (NFT) on Solana.  According to a report by Decrypt, during an interview on Fox Business, former President Donald Trump, who has been skeptical of cryptocurrency, called it a “very dangerous thing.” As noted by the Decrypt report, Trump’s […]

Visa Has More Than 60 Partnerships With Crypto Platforms, Says Its Head of Crypto

Credit card and financial services behemoth Visa has partnered with more than 60 crypto platforms in order to allow consumers to make payments with digital assets. Speaking in an interview with NDTV, Visa’s head of crypto Cuy Sheffield said the financial services company has doubled its crypto partners over the last 18 months in order […]

Fundstrat’s Tom Lee Can See Bitcoin Price Hitting $200K in 2022

In a recent interview, Thomas Lee, Co-Founder, Managing Partner and the Head of Research at independent research boutique Fundstrat Global Advisors, explained why he remains very bullish on Bitcoin’s long-term prospects. On December 24, trading education firm Market Rebellion had a roundtable event — featuring Lee as a special guest — that aimed at making […]

Coin Bureau Looks at Impact of the Fed’s Monetary Policy on Price of Bitcoin

Popular crypto trading show Coin Burea recently discussed the potential impact of the Federal Reserve’s plans to increase interest rates on the price of Bitcoin. As CNBC reported on December 15, the U.S. central bank hinted on that date that “its run of ultra-easy policy since the beginning of the Covid pandemic is coming to […]

Mexican Billionaire: ‘Stay Away From Fiat Money… Invest in Bitcoin’

Mexican billionaire Ricardo Salinas Pliego had an interesting new year video message for his over 959K followers on Twitter. Ricardo Benjamín Salinas Pliego is the founder and chairman of Mexican conglomerate Grupo Salinas. He is currently the third richest person in Mexico. On 17 November 2020, Salinas recommended the book “The Bitcoin Standard” by Saifedean Ammous to his followers on Twitter, […]

$BTC: Billionaire Investor Ray Dalio Explains Why He Finds Bitcoin ‘Very Impressive’

Legendary billionaire hedge fund manager Ray Dalio recently commented on Bitcoin. Dalio is the founder, chairman, and co-chief investment officer of Bridgewater Associates. The 72-year American — whose net worth is estimated by Forbes to be around $20 billion — created asset management firm Bridgewater Associates from his New York City apartment just two years after receiving his […]

Gwyneth Paltrow Partners With Cash App, Announces $500K Bitcoin Giveaway

Oscar-winning actress Gwyneth Paltrow has announced she’s giving away $500,000 in Bitcoin to followers as part of a new partnership with the crypto payment platform Cash App.  According to a series of social media posts, Paltrow is partnering with Square’s Cash App in order to promote adoption and acceptance of Bitcoin. Four days ago, the […]

Bitcoin Breaks Above $51,000 for the First Time in Nearly 3 Weeks

On Friday (December 24), we could be seweing the signs of the start of a very late Santa Claus rally as the Bitcoin price has surged above $51K for the first time since December 4. According to data by TradingView, on crypto exchange Bitstamp, the $BTC price got as high as $51,392 at 2:05 a.m. […]

Coinbase Says Bitcoin Is Not Boring

On Tuesday (December 21), Mark Nesbitt, who is the Engineering Manager (for Blockchain Security) at Coinbase, explained how Bitcoin’s “most common criticisms can actually be strengths, and why its value proposition is unique among cryptocurrencies.” In an entertaining blog post published on December 22, Nesbitt said not long after someone becomes a Bitcoiner, they enounter […]

Huge Bitcoin Wallet Suddenly Gets Reactivated After 8 Years

A wallet holding 321 bitcoins that had not been touched for nearly a decade has very recently been used for a transfer.  According to a report by Cointelegraph, a Bitcoin wallet containing millions of dollars worth of BTC has been reactivated after nearly eight years of dormancy. The wallet, which had not been used since […]

Fidelity’s Director of Global Macro Explains Why Ethereum ($ETH) Is Undervalued

Recently, Jurrien Timmer, Director of Global Macro at Fidelity Investments, compared the network growth of Bitcoin and Ethereum. Alth both networks are “growing steadily”, Timmer says that Ethereum is growing faster. He also points out that $ETH’s valuation (as defined by market cap / network ratio) is lower than that of $BTC because investors seem to […]

$ETH: Crypto Hedge Fund CEO Casts Doubt on Ethereum’s Continued Dominance

Su Zhu, Co-Founder, CIO, and CEO of Singapore-based crypto-focused hedge fund Three Arrows Capital, says that he is skeptical of Ethereum’s long-term dominance over the altcoin marketplace. Speaking in a recent episode of the Uncommon Core podcast, Zhu said he could see the possibility of other cryptoassets overtaking Ethereum in the future.  Zhu, a long-term […]

Bank of England Is Worried That Crypto Could Destablize Established Financial System

The Bank of England has one again warned of the potential threat that cryptoassets pose to the world’s existing financial system.  According to a report by BBC News, the UK’s central bank, i.e. the Bank of England (BoE) has issued a warning about the risks of cryptocurrency and the impact the industry could have on […]

One of the Largest VR Centers Adds Support for Crypto As Payment Method

VR World®, which is one of the largest virtual reality clubs in the Americas, has decided to embrace crypto. VR World, which was founded in 2017, is based in New York City. Here is how it describes itself: “VR World is North America’s largest immersive entertainment destination, featuring over 50 virtual reality experiences, ranging from […]

Crypto Is ‘One of the Biggest Bubbles Ever’, Says Payne Capital Management President

Ryan Payne, who is the founder and president of Payne Capital Management (PCM), says that crypto is “one of the biggest bubbles ever,” and will result in an “ugly” market crash. PCM is “an independent NYC financial advisor and planner located in New York City and Philadelphia, servicing clients across the globe”. In his role […]

Bloomberg’s Mike McGlone Bullish on Bitcoin and Ethereum in 2022

Bloomberg Intelligence analyst Mike McGlone is bullish on the outlook for Bitcoin and Ethereum in 2022, saying “deflationary forces” will take the cryptoassets to new price heights.  In a tweet published on Thursday (December 9), McGlone, who is Bloomberg’s senior commodity strategist, published his forecast for the next year, saying it would be good for […]

How New York’s Shuttered Power Plants Are Leading to a Boom in Bitcoin Mining

A recent report by The New York Times (NYT) explains why there is currently a “Bitcoin boom” in the Empire State.  According to a NYT report published on December 5, cheap power and lax regulations have led to a Bitcoin mining industry to thrive in New York state. The report talks about a new Bitcoin […]

Crypto Investor Anthony Pompliano: ‘Bitcoin Is by Far Still the King’

Crypto investor Anthony Pompliano (aka “Pomp”), who is a co-founder of Morgan Creek Digital as well as the host of The Pomp Podcast, says that Bitcoin continues to be the top cryptoasset in terms of outlook.  During an interview with Andrew Ross Sorkin, co-anchor of CNBC’s Squawk Box on November 29, Pompliano claimed that Bitcoin is […]

Celsius Network CEO: Bitcoin Is a ‘Pretty Bad Form of Payment’

Recently, Alex Mashinsky, Co-founder, Chairman, and CEO of lending platform Celsius Network, shared some of his latest thoughts on Bitcoin.  Here’s some information about Mashinsky from his bio page on the Celsius website: “Alex is one of the inventors of VOIP (Voice Over Internet Protocol) with a foundational patent dating back to 1994 and is now […]

Crypto Investors’ Interest in Buying the Dip Surged After Market Downturn

Data from cryptocurrency analytics firm Santiment has revealed that after the cryptocurrency market downturn over the weekend, investors’ interest in buying the dip surged with mentions of the term “buy the dip” seeing their largest spike in three months on social media. The firm shared its data with its over 114,000 followers on social media, […]

El Salvador President Schools Peter Schiff on Buying the Bitcoin Dips

Salvadoran President Nayib Bukele explained to famous gold bug and cryptocurrency skeptic Peter Schiff yesterday (December 4) why it didn’t make any sense to criticize his country for continuing to take advantage of dips in the Bitcoin price. Peter Schiff is the CEO of Euro Pacific Capital, a full-service, registered broker/dealer specializing in foreign markets and securities, and […]

Most Read