Nick Chong

On Monday, Wall Street investor Stan Druckenmiller announced that he is long on Bitcoin.  Druckenmiller is the president of Duquesne Capital, which closed in 2010 with $12 billion under management. He also was one of the few investors to have made a large amount on his investments in 2008. His

Bitcoin has undergone a monumental surge over the past month. A price gain of 50% lies between its monthly lows of $10,500 to its highs of around $15,800. Bitcoin currently trades just below $15,000 after a retracement yesterday. Analysts remain confident about the medium-term trajectory of the

Last month, the Bitcoin Improvement Proposals (BIPs) pertaining to the integration of Taproot and Schnorr signatures were merged into the Bitcoin Core Github. As the BTC Times reported, 150 Bitcoin Core developers approved the merge after seven weeks of review following a merge request first created by Pieter Wuille.   Schnorr

PayPal made waves in October when the global financial technology giant made public that it would begin supporting Bitcoin alongside a number of other cryptocurrencies. Now it appears that the firm's involvement in the space may be more nuanced than first announced, statements from executives indicate.  When PayPal

In the four years since the previous U.S. presidential election, Bitcoin has appreciated by nearly 2,000%.  On November 8th, 2016, the day of the election that made Donald Trump president, Bitcoin traded at approximately $700, while today, one coin goes for $14,300 - a gain of more

Underscoring Bitcoin's recent rally are strong on-chain trends, according to a number of analysts.  On-chain Bitcoin specialist Willy Woo noted that while BTC is still far from its $20,000 all-time high, his NVT Price metric recently set a new all-time high.  The NVT (Network Value to Transactions

Lightning Network development startup Lightning Labs is rolling out a new product: dubbed Lightning Pool, the new tool seeks to bring together node operators to trade access inbound and outbound Lightning channel capacity with each other. With the launch, Lightning Labs tackles one of the Lightning Network's major

Last week, the BTC Times reported that Bitcoin was strongly outperforming altcoins as it passed $12,000. On the day of our report, the leading cryptocurrency gained approximately 2% as the price of Ethereum fell by approximately 3%. One theory of Bitcoin's strong performance versus altcoins is based