Bitcoin sets record in best daily gains at $8.4K, eyes $90K milestone

The word “cryptocurrency” is a misnomer because it isn’t a currency, according to Roubini. 759 Total views 13 Total shares Nouriel Roubini, an award-winning economist and known skeptic of Bitcoin (BTC), is confident that central bank digital currencies, or CBDCs, are the future of money.According to Roubini, global CBDCs like the digital yuan are capable of…

The business intelligence firm now owns a total of 129,218 BTC. 564 Total views 15 Total shares On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission (SEC) that its subsidiary MacroStrategy acquired 4,197 Bitcoin (BTC) ($190.5 million) between February 15 and Tuesday.MacroStrategy has purchased an additional 4,167…

The power of television is no joke. Grayscale Investments had its best fundraising week in history following an ad blitz on a number of major television networks. According to the company’s CEO Barry Silbert, Grayscale netted $217 million in investments in the days following the campaign. The firm’s Bitcoin Trust Fund was the biggest contributor to…

The McLaren Artura GT4 will use blockchain technology for real-time data analysis during the race at Circuit de Spa-Francorchamps.

The trustee in charge of refunding users who lost money in the implosion of Bitcoin (BTC) exchange Mt. Gox has again extended the submission deadline for claims. New claims deadline March 31, 2020In a statement released on Oct. 28, Nobuaki Kobayashi said that the high volume of problematic requests for money meant that a five-month extension…

Government officials did not specify the exact method used to seize the funds from the ransomware group. 4263 Total views 5 Total shares Officials with a United States government task force have seized more than $2 million in crypto used to pay for ransom following an attack on the Colonial Pipeline system. In a Monday press…

Such an effort may show long-term dedication to the asset class. Mainstream business intelligence behemoth MicroStrategy has made a number of headlines in recent days for its initial $250 million Bitcoin (BTC) investment. The company later poured a subsequent $175 million into the asset — a lengthy endeavor totaling almost 100 hours of work. "To acquire…

Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the bullish bets for the upcoming $1.96 billion monthly options expiry became worthless.Regulatory concerns continue to pose a threat…

Friday, Aug. 16 — Bitcoin (BTC) and Ether (ETH) are seeing some upward movement as XRP continues to slump.Market visualization. Source: Coin360Bitcoin is trading at $10,480 at press time, representing a 4.58% price increase on the day. Bitcoin is seeing some momentum for an upward climb, peaking at $10,500 so far and continuing to stay…