$100K Bitcoin price: From cypherpunk dream to financial mainstream

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well (read the recent analysis here).However, would a retrace towards $7,700 be a…

The video game retailer's cash pile rose to nearly $4.8 billion as of Feb. 1, compared to $921.7 million one year earlier. GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets.  According to a March 25

Brian Brooks, the chief legal counsel at major United States digital wallet and exchange Coinbase, has responded to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council.In an interview with crypto media outlet The Block on Oct. 3, Brooks addressed concerns that the Council’s compliance guidance might be affected by the…

Since El Salvador adopted Bitcoin (BTC) as legal tender in September 2021, there have been a number of quick judgments issued declaring this move a failure, with some pundits going as far as to suggest that Bitcoin is somehow responsible for the economic challenges that existed in El Salvador well before Bitcoin was even created.…

Carter argues that mining is concentrated in areas where there is an excess of energy. 1800 Total views 15 Total shares Coin Metrics co-founder Nic Carter has produced a well-researched rebuttal to some of the key claims suggesting power-hungry Bitcoin mining is causing an environmental disaster.In an in-depth article called Noahbjectivity on Bitcoin mining penned…

The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies.The legislation calls for the U.S. Secretary of the Treasury to develop and pilot an electronic version of the U.S. dollar that is easy to use for the economically…

Professional services firm Grant Thornton claims that it is progressing in securing and preserving the cryptocurrencies of hacked cryptocurrency exchange Cryptopia.In a press release published on Aug. 21, Cryptopia’s liquidator claims to “have made good progress towards securing and preserving Cryptopia crypto-asset holdings for the benefit of those entitled to them.” Per the release, there…