Buck Bully
[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 […]
[Investopedia] Bitcoin Halving Bitcoin and its blockchain are basically a collection of computers, or nodes, around the world that all have Bitcoin’s code downloaded on them. Each of these computers have all of Bitcoin’s blockchain stored on them. This means that each computer has the entire history of Bitcoin transactions, which ensures […]
[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, […]
[Cointelegraph] Bitcoin price dropped from $10,000 to $8,100, liquidating $200 million worth of longs. Here are three factors that triggered the fall. Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of […]
BY SAMUEL HAIG (Cointelegraph) With the Bitcoin halving set to transpire in just a few days, analysts are predicting significant disruptions to mining operations. With Bitcoin (BTC) block rewards expected to halve during the early hours of May 12, many analysts are starting to weigh in on what the event […]
[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 […]
[Bitcoinist] Bitcoin fell 4.30 percent as US oil futures slipped below zero for the first time. The cryptocurrency does not correlate with the black gold, albeit it remains under the influence of equities. Its crash Monday has not deterred bulls from the market – yet. Bitcoin was in for a […]