Sun, September 7

Elon Musk’s Tesla Q1 Update Reports on Their BTC Holdings

Tesla, a leading car manufacturer owned by Elon Musk, has announced the reports for the first quarter of 2023. On April 19, it is noted that Tesla neither buy nor sell any of the bitcoins (BTC) that it holds as of Feb 2023. Moreover, the report says that the total

April 20, 2023 1 min read

Bitcoin Whales Accumulate 20,000 BTC in Just Two Days

Bitcoin, the largest cryptocurrency by its market capitalization, has witnessed a decline in its trading price from the $30K mark. The bullish momentum gets broken after a long time. The Bitcoin price has fallen by more than 3% in the last 24 hours. At the same time, Santiment, a blockchain

April 20, 2023 1 min read

Hong Kong Court Terms Cryptocurrencies as Property in Recent Ruling

Governments all across the globe have struggled to grasp the actual nature of cryptocurrencies. Despite its label as a commodity by some. The U.S SEC has been advocating for it to be treated as a security. A Hong Kong court has ruled that cryptocurrencies are property in a case involving

April 19, 2023 1 min read

Intel Announces Discontinuing Bitcoin Mining Chips Launched Last Year

Intel’s announcement on Tuesday that it will stop producing its flagship brand of Bitcoin mining chips came as a surprise to the cryptocurrency community and the larger crypto-mining market. Furthermore, the firm has promised that final shipments would occur no later than April 20, 2024. Intel has announced that it

April 19, 2023 1 min read

Michael Saylor Reveals Work Email Integrated With Bitcoin Lightning Address

Bitcoin advocate and MicroStrategy co-founder Michael Saylor now uses a business email account connected to the Bitcoin Lightning Network. A snapshot of certain Bitcoin transactions received to “saylor@microstrategy.com” in the form of Satoshis or “Sats,” the lowest denomination of Bitcoin, was posted by the company’s co-founder with his 3 million

April 18, 2023 1 min read

Bitcoin Fear and Greed Index Moves Into Greed Territory at 69 Mark

Data from Alternative shows that on March 21, 2023, the Bitcoin fear & greed index reached its highest point in 16 months, at 69. Bitcoin finally returned to its “greed” phase in January 2023, its first appearance since March 2022. As a result, the greed index has moved deeper into

April 17, 2023 1 min read

Skybridge CEO Anthony Scaramucci Backs Bitcoins as Commodity

Skybridge CEO Anthony Scaramucci said he is still enthusiastic about Bitcoin despite the criticism he has received for his involvement in the crypto markets. There are significant headwinds that he has to overcome. By the time Sam Bankman-Fried’s cryptocurrency exchange FTX declared bankruptcy in November, he was already connected with

April 16, 2023 1 min read

U.S Court Sentences Silk Road Bitcoin Hacker a Year in Prison

According to the New York Department of Justice, U.S. District Judge Paul G. Gardephe sentenced James Zhong to a year in prison after learning about the government’s plans to sell 41,000 seized bitcoin (BTC) this calendar year and the sale of 9,861.1707894 BTC on March 14, 2023. By setting up

April 16, 2023 1 min read

Twitter Rival With Relaxed Filtering ‘Parler’ Acquired and Shut Down

According to a statement released on Friday, the new owners of Parler, a social networking app with lax content filtering that favored conservatives, have decided to shut it down. The app was purchased by Starboard, previously known as Olympic Media, a digital media firm. The removal of Parler from major

April 16, 2023 1 min read

Crypto Firm Amber Moving Out of Japan, Seeks License in Hong Kong

As part of its strategy to shift its emphasis from retail to institutional clients, Bloomberg reports that Singapore’s Amber Group is contemplating selling its Japanese operation.  Annabelle Huang, the managing partner at Amber, said the company is exploring alternatives, including a sale, for its Japan division. A “very high quality

April 16, 2023 1 min read
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