Bitcoin has been recording losses for the past few days. The big bull shredded about $13,000 of its price, a bear pattern that was last seen in October of last year. Indicators are now hinting that the bear market is taking control and that the dips are expected to become […]
An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent […]
Welcome to the age of corporate socialism, where “we” socialize losses but privatize gains. In the words of David Cay Jonson, “Companies that have failed in the marketplace stick the taxpayers with their losses,” yet “when they make money they get to keep it.” This is not a bug; it’s […]
After analyzing a portfolio with and without bitcoin, a study says the “robustness check confirms the findings and also advocates for the cryptocurrency to be added to the portfolio.” The study by economists at Warsaw University says “we want to verify if an inclusion of Bitcoin into the portfolio consisting […]
“29JAN, the monster expiry, will be the biggest expiry Deribit has seen to date!” So said the bitcoin and ethereum derivatives trading platform, further adding: “A whopping ~100,000 bitcoin contracts will expire, with a notional value of $3.1 billion.” The trading platform has seen surging volumes this month as traders […]
Nasdaq-listed business intelligence firm MicroStrategy (NASDAQ: MSTR) has added more bitcoin to its billion-dollar stash by taking advantage of the recent dip in the price of the flagship cryptocurrency, which briefly went below $29,000. According to MicroStrategy’s CEO Michael Saylor, in accordance with the firm’s Treasury Reserve Policy, it bought […]
Shares of 3D Systems Corp. (DDD), a South Carolina-based provider of 3D printing and digital manufacturing solutions, are climbing more than 9 percent or $2.89 in Friday’s morning trade at $34.27, after hitting a new 52-week high of $34.60. The stock has been rising for the past few days after […]
As of late, the bitcoin space is getting bigger than ever. While the currency’s price has sunk down a little bit from $40,000 to about $34,000 at the time of writing, the fact is that many people have now been bitten by the “bitcoin bug,” and they’re looking to take […]
Popular Bitcoin (BTC) contributor “Cobra” has dismissed Craig Wright’s calls for Bitcoin.org and Bitcoincore.org to stop hosting the Bitcoin white paper. CSW has a history of taking legal action against notable figures in the Bitcoin space who dismiss his claims of being Satoshi. Bitcoin.org Unbothered as CSW Waves the Lawsuit […]
MicroStrategy bought the dip, with the publicly traded US company just announcing today: “On January 22, 2021, MicroStrategy Incorporated (the “Company”) announced that it had purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin, […]
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