Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
Elon Musk and Microstrategy CEO Michael Saylor have come under fire after announcing the formation of a Bitcoin Mining Council to promote sustainability initiatives. The Bitcoin Mining Council is the result of a meeting between North American Bitcoin miners who have committed to publishing the details of their renewable energy
MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.
The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.
The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
Elon Musk and Microstrategy CEO Michael Saylor have come under fire after announcing the formation of a Bitcoin Mining Council to promote sustainability initiatives. The Bitcoin Mining Council is the result of a meeting between North American Bitcoin miners who have committed to publishing the details of their renewable energy
Industry insiders are calling it "Bloody Sunday". Over the weekend, the price of bitcoin lost 12% of its value, dropping from $61,300 to a low of just over $53,800 within 24 hours, and many are speculating about the causes behind such a selloff.
Among the theories
Grayscale Bitcoin Trust (GBTC), the world's biggest closed-end bitcoin fund, saw its trading price fall twice as much as the drop in the price of bitcoin.
Market data from YCharts shows that shares of GBTC are now trading nearly 10% lower than the value of its underlying bitcoin.
Turkey residents flee to Bitcoin as a change in the leadership of the local central bank spurs fears of inflation.
Al Jazeera reported on March 20 that Turkey's President Recep Tayyip Erdogan issued a decree firing the central bank governor Naci Agbal.
Agbal had held this position for
Almost everyone who acquires and holds bitcoin for over three months is in it for the long run.
A March 15th report published by blockchain data firm Glassnode states that “more than 95% of spent outputs are younger than 3 months old.” Only 5% of bitcoin that are moved have
Asset manager Grayscale halted trading on Grayscale Bitcoin Trust (GBTC), the world’s largest publicly-tradable bitcoin investment vehicle.
The web page describing GBTC on Grayscale’s website now displays the following message:
The Grayscale® Bitcoin Trust private placement is offered on a periodic basis throughout the year and is currently
