Search Results for: 2011

US Government Now Holds $1 Billion in Bitcoin After Silk Road Seizure Using Blockchain Analysis

The United States Department of Justice (DoJ) recently requested the Northern District of California to seize $1 billion in Bitcoin from an unnamed hacker. The DoJ has asked to lock down on approximately 69,370.22491534 Bitcoin (BTC), Bitcoin Gold (BTG), Bitcoin SV (BSV), and Bitcoin Cash (BCH). The person behind the wallet referred to as “Individual … Continue reading US Government Now Holds $1 Billion in Bitcoin After Silk Road Seizure Using Blockchain Analysis

One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC). The Mexican billionaire believes that cash is “worth nothing,” as he posted a video showing banks throwing out paper money. He explained in his post that “paper money is worth … Continue reading One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

How Bitcoin’s Narrative Has Significantly Changed in 2020, According to CoinShares Chairman

Former JP Morgan commodities trader Danny Masters discussed how the Bitcoin narrative has shifted since its inception, with investors increasingly viewing the digital asset as a crucial addition to their portfolio. How Bitcoin is viewed in 2020 In an interview on “Power Lunch” with CNBC’s Kelly Evans, Danny Masters, also a Chairman at CoinShares, discussed … Continue reading How Bitcoin’s Narrative Has Significantly Changed in 2020, According to CoinShares Chairman

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

As the Bitcoin bulls continue to run and push the BTC price to new levels, a massive amount of crypto has been shifting from East Asia to North America—a trend which could represent a huge shift in the crypto market according to Reuters. The Bitcoin price has been soaring this week, hitting an all time … Continue reading American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

Coinbase Finally Files IPO with SEC—Is Brian Armstrong a Capitalist or Cypherpunk?

The long-anticipated Coinbase Initial Public Offering (IPO) has finally been filed and now awaits the review and approval of the Securities and Exchange Commission (SEC) before the filing will be made public. In a short blog post on its official website, Coinbase announced today that it has officially filed its draft registration of its IPO with … Continue reading Coinbase Finally Files IPO with SEC—Is Brian Armstrong a Capitalist or Cypherpunk?

Litecoin Outperformed Bitcoin in the Recent Crypto Rally: What’s Behind the LTC Price Surge?

Litecoin, currently ranked the fifth by market capitalization, has recently reached three figures for the first time last week in 16 months. Litecoin (LTC) is currently trading at $116 at press time, and is up by over 40% in the past week. The “digital silver” cryptocurrency is still less than 50% below its all time … Continue reading Litecoin Outperformed Bitcoin in the Recent Crypto Rally: What’s Behind the LTC Price Surge?

The Graph Token (GRT) Price Suffered a Pump and Dump After Crowd Sentiment Hit Euphoric Levels

The Graph token (GRT), an indexing protocol and global API for organizing blockchain data, recently suffered a pump and dump in the market. The Graph protocol has launched its mainnet last week, and subsequently, its token was added to cryptocurrency exchanges’ list of offerings. The Graph is an indexing protocol and global API which allows … Continue reading The Graph Token (GRT) Price Suffered a Pump and Dump After Crowd Sentiment Hit Euphoric Levels

Will XRP Fall Out of Crypto Top Five Ranking for the First Time since 2013?

XRP cryptocurrency has had a difficult run since 2017, with its price being stagnant on the market for the longest period of time. After recovering slightly and even hitting $0.90 momentarily on Coinbase in November, XRP has since resumed its downtrend. The Securities and Exchange Commission’s against Ripple Labs served as a catalyst for its … Continue reading Will XRP Fall Out of Crypto Top Five Ranking for the First Time since 2013?

5 Legendary Investors Share Their Predictions About Bitcoin Prices

Undoubtedly, Bitcoin has reshaped the dimensions of the cryptocurrency market with its bull runs. Bitcoin transactions are confirmed by miners who are rewarded with BTC for each block that is verified and added to the blockchain. Bitcoin block reward is reduced to half every four years. As a result, miners receive less BTC over the … Continue reading 5 Legendary Investors Share Their Predictions About Bitcoin Prices

Investors Should Brace Themselves and Get Ready for Bitcoin's Second Bull Run, says Crypto Analyst

Bitcoin’s current stagnation may soon come to an end based on insights shared by crypto analyst Lark Davis who has been studying BTC hodl waves and the foundation of previous bull cycles.  He explained: “This Bitcoin bull run has barely even started yet! We are just now past the first major price wave. Get ready … Continue reading Investors Should Brace Themselves and Get Ready for Bitcoin's Second Bull Run, says Crypto Analyst

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