Even though Bitcoin has suffered a severe sell-off this year, legendary investor Bill Miller remains positive about the cryptocurrency. The Baltimore investment firm became a household name because it consistently beat the S&P 500 from 1991 through 2005. After that, he took on the role of chairman and chief investment
Peter Schiff, an economist, and staunch gold bull, has a holiday greeting for bitcoin holders. Schiff established Schiffgold, a precious metals company that deals mostly in gold and silver bullion, and serves as its chairman. He has always been skeptical about bitcoin and has instead advocated for gold. Mark stated:
Reports indicate that Alex Holden is a Ukrainian-born cyber intelligence professional. Emigrated to the United States from Kyiv as a youngster in the 1980s. Now resides in Mequon, Wisconsin, and claims to have hacked into Solaris, one of Russia’s major online drug marketplaces. His Hold Security crew helped him steal
Mark Cuban, a billionaire tech entrepreneur, is optimistic about Bitcoin and has even said he hopes the price keeps falling. During an interview on comedian Bill Maher’s “Club Random” podcast, Cuban expressed a desire for the price of Bitcoin to decrease so that he could purchase more. The owner of
Japanese authorities are reevaluating their stance on a number of key regulations. Pertaining to the usage of stablecoins like Tether USDT in the cryptocurrency market. Nikkei, a Japanese news outlet, stated on December 26. That the Financial Services Agency (FSA) of Japan will allow the domestic circulation of foreign-issued stablecoins
The popularity of cryptocurrencies like Bitcoin has been rising lately all around the world. Countries of all sizes are making efforts to digitalize their economies and adopt blockchain technology and digital currencies. Several national banks are working on introducing their own stablecoins or central bank digital currencies. As of recently,
Cybercriminals successfully stole a significant amount of money from the cryptocurrency mining pool BTC.com. Client funds to the tune of $700,000 and corporate funds to the tune of $2.3 million were stolen in the assault on December 3. BIT Mining Limited, the parent company of the mining pool, made the
The price of Terra Classic (LUNC) has increased by over 10% in the previous 24 hours. In contrast to other altcoins, LUNC’s price has risen by about 25% in the last week despite the market’s volatility. But the LUNC rally isn’t over yet, and it seems like it will gain
At a session titled “Digital Rupee: A Way Forward.” Executive director of the Reserve Bank of India Ajay Kumar Choudhary said that adopting digital currency will greatly improve system operating efficiency and advance financial inclusion. Furthermore, Choudhary argues that transitioning to a digital rupee will provide new levels of stability.
The Central Bank of Nigeria (CBN) has announced that the weekly withdrawal limit for individual banking customers would increase to $1,120 (N500,000) from January 9, 2023, from the current limit of under $50 (established on December 6). The CBN has imposed a cash withdrawal limitation for corporations of $11,200, a
