Buck Bully
[Cointelegraph] Policymakers around the world have committed unprecedented amounts of fresh money in a bid to stave o an impending recession, or worse: a total depression. In the United States, the Senate approved a $2 trillion stimulus package in late March, and the House of Representatives has now accepted a […]
[Cointelegraph] Elon Musk appears to have revealed his Bitcoin ( NEWS BTC) holdings while participating in the crypto community’s eorts to educate J.K. Rowling, the author of Harry Potter, about Bitcoin. In response to a request from Rowling for Twitter to explain Bitcoin to her, Musk emphasized that “massive currency […]
[Coindesk, ggTravelDiary / Shutterstock] Chicago Mercantile Exchange (CME) says record trading activity for its bitcoin derivatives reflects a strong institutional interest in the imminent halving event. In a note sent out late on Sunday, the derivatives exchange said a strong “ramp up” in volumes over the past week showed institutional investors were getting […]
[CNBC, Getty Images] Here’s what you need to know: Industry insiders are debating what effect the so-called bitcoin “halving” might have on the cryptocurrency market. The amount of bitcoins rewarded to miners is set to get cut in half on Monday This takes place roughly every four years to cap […]
[Investopedia] Bitcoin is like digital gold in many ways. Like gold, bitcoin cannot simply be created arbitrarily, it requires work to “extract”. Gold must be mined out of the ground, and bitcoin must be “mined” via computational means. Linked with this process is the stipulation set forth by the source […]
[Forbes, Getty Images] Bitcoin, after rallying to over $10,000 per bitcoin in the last few days, has suddenly crashed back. The bitcoin price lost more than 10% in a matter of minutes yesterday evening, dropping to lows of $8,100 on the Luxembourg-based Bitstamp exchange before rebounding to settle around $8,600. However, […]
[Bloomberg] Becomes one of first big-name investors to embrace crypto. Private Company Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money-printing, telling clients it reminds him of the role gold played in the 1970s. “The best profit-maximizing strategy […]
Omkar Godbole (Coindesk) With bitcoin more than doubling in price since “Black Thursday” nearly two months ago, nearly 85% — or 25.79 million — of addresses holding the cryptocurrency are now “in the money,” according to blockchain intelligence firm IntoTheBlock. However, the current state of the bitcoin market is warning of a post-halving price […]
[Cointelegraph] A cryptocurrency staking app which offers 1.5% daily returns might be a Ponzi scheme related to one that exit-scammed two years ago. A cryptocurrency staking wallet that offers users as much as 1.5% daily returns is bearing striking resemblance to a Ponzi scheme. That’s according to a Medium article published on […]
[Coindesk] Renaissance Technologies is looking to potentially invest in CME’s cash-settled bitcoin futures for its Medallion fund, which has seen an average 66 percent annual return since 1988. (Credit: ggTravelDiary / Shutterstock) Renaissance Technologies’ market-crushing Medallion fund is considering jumping into bitcoin futures, recent regulatory filings show. The quantitative analysis-heavy […]