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The University of Pennsylvania has received an anonymous donation of $5 million worth of bitcoin — the largest cryptocurrency donation ever sent to the school. The Philadelphia Ivy League university shared the news in a press release on Thursday, adding that it plans to use the funds to support the "
There’s blood in the streets, and over the weekend, a hero was slain. The Bitcoin market is on a crazy rollercoaster ride since Tesla chief executive Elon Musk announced in a Tweet on Thursday that the firm would halt Bitcoin payments due to environmental concerns. Since then, a lot
Like clockwork, China has released a number of statements over the past few days that shook the markets and, in part, the public perception of Bitcoin. Why like clockwork? Because among many long-time HODLers, the announcement has invoked memories from the past few years, which have seen numerous warnings, restrictions,
News • Politics • May 21, 2021
Like clockwork, China has released a number of statements over the past few days that shook the markets and, in part, the public perception of Bitcoin. Why like clockwork? Because among many long-time HODLers, the announcement has invoked memories from the past few years, which have seen numerous warnings, restrictions,
News • Politics • May 21, 2021
The University of Pennsylvania has received an anonymous donation of $5 million worth of bitcoin — the largest cryptocurrency donation ever sent to the school. The Philadelphia Ivy League university shared the news in a press release on Thursday, adding that it plans to use the funds to support the "
News • Bitcoin • May 19, 2021
There’s blood in the streets, and over the weekend, a hero was slain. The Bitcoin market is on a crazy rollercoaster ride since Tesla chief executive Elon Musk announced in a Tweet on Thursday that the firm would halt Bitcoin payments due to environmental concerns. Since then, a lot
News • Bitcoin • May 16, 2021
The world's largest stablecoin has had its fair share of media exposure during the latest Bitcoin bull market as critics questioned its backing, even going as far as to allege Bitcoin price manipulation through the use of Tether (USDt). In March, the New York Attorney General's
News • Business • May 12, 2021
$10,000 red candles appear less shocking the second time around. And although Bitcoin is on its way to recovery following a near-instant crash to $45,000, the culprit remains the center of attention: Elon Musk, who sent waves of shock, confusion, and outrage through the wider Bitcoin space when
News • Business • May 12, 2021
Hungary may cut cryptocurrency taxes in half — from 30.5% to 15%. In a Facebook video published today, Hungary's Minister of Finance Mihály Varga addressed plans for the country's economic recovery, which included the consideration of updated taxation around cryptocurrencies. At the moment, income from cryptocurrency
News • Economy • May 10, 2021
Bank of England Governor Andrew Bailey reiterated his views that cryptocurrencies "have no intrinsic value" and their holders should "be prepared to lose all [their] money." At a press conference on Thursday, Bailey was quoted saying, “they have no intrinsic value. That doesn’t mean to
News • Economy • May 07, 2021