The Bitcoin news category covers news related to the cryptocurrency Bitcoin (BTC) and its blockchain. You will see a compiled section of news solely dedicated to all things Bitcoin. Stay on track with the latest developments on Bitcoin. This includes updates in BTC price changes, Bitcoin market capitalization updates, breaking news on Bitcoin, and more.
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The memo, headlined “The financial-market surprises of 2023,” was released by Standard Chartered Bank on Sunday. Eric Robertsen, Standard Chartered’s global director of research, said that some of the possibilities outlined in the report are “under-priced by the markets.” The price of bitcoin may fall below $5,000 in the next
Monetization features, including a cryptocurrency called “Twitter Coin,” are supposedly under development at Twitter. Nima Owji and Jane Manchun Wong, app researchers, tweeted about a secret “Coins” option in the app’s “Tips” settings. Prior to this, Elon Musk had mentioned accepting Dogecoin (DOGE) on Twitter. Though, it’s not clear whether
In a hearing on Thursday titled “Why Congress Needs to Act: Lessons Learned from the FTX Collapse,” U.S. Senator John Boozman (R-AR), the ranking member of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, discussed bitcoin and cryptocurrency regulation. Moreover, the committee’s mandate includes monitoring the American commodities markets.
Michael Burry, the founder of the investing company Scion Asset Management, has predicted the coming of a “real recession” that would persist for many years. Burry is well-known for predicting the 2007–2010 U.S. subprime mortgage crisis and making money off of it. The movie “The Big Short,” starring Christian Bale,
Despite the volatile price of Bitcoin, a recent analysis by Kommersant shows that purchases of Bitcoin mining devices in the nation skyrocketed in the fourth quarter. Low costs for gear and power have also contributed to the dramatic growth. Sales at Chilkoot, one of Russia’s authorized dealers of cryptocurrency mining
Billionaire Mike Novogratz, one of the cryptocurrency advocates, is now included in the catastrophic collapse scenario. Novogratz pulled off his previous prediction that Bitcoin (BTC) will reach $500,000 in five years, blaming the Federal Reserve interest rate hike. The Galaxy Digitals CEO stated that Bitcoin will reach the $500K level,
Adding to the recent measures taken by Portugal, another European nation plans to increase crypto trading taxes. Italy’s proposed budget for 2023 includes a measure that would impose a whopping 26% tax on crypto-related capital gains. This tax bracket, however, kicks in whenever crypto revenues are above €2,000 (approx $2,062).
Indonesia’s Central Bank on Wednesday revealed a planned white paper for a digital rupiah currency that will utilize blockchain technology as the country experiences a spike in digital transactions since 2020. Its been a year since Bank Indonesia (BI) tried to expose the potential of introducing its own digital currency
An alleged message from Elon Musk, the new owner of Twitter, claims that Apple has pulled its ads from the platform. Elon Musk, in light of Apple suspending its advertising plans on Twitter, tagged Apple’s CEO Tim Cook in a tweet asking if the tech giant was opposed to free
Billionaire Bill Ackman discussed his opinions on several issues relating to cryptocurrencies, such as crypto legislation in a series of tweets Saturday. He claimed that additional regulations for cryptocurrencies are not necessary. A large portion of the fraud that is occurring involves traditional pump-and-dump scams and custodians failing to protect
