Category Archives: Bitcoin (BTC)

The recent 9.3% rise in the price of Bitcoin, which pushed it over $67,000 per BTC by the end of the week, has sparked new discussions among financial experts. This is the first significant weekly increase since early March, following a period of decline after an all-time high of $74,000 per BTC was hit. BTC to […]

According to a recent Bloomberg report, multiple Bitcoin developers are currently exploring the idea of adding programmability to the leading blockchain.  This narrative could reignite the cryptocurrency’s rally, according to the business outlet. Bitcoin is currently trading at $66,750. It is down 9.5% from its record high that was set back in March.  Unlike rival blockchains of […]

Finnish-American software engineer Linus Torvalds, who is best known for creating the Linux operating system, does not believe in cryptocurrencies, according to his recent forum post.   The 54-year-old computer scientist slammed the newfangled asset class as a “great vehicle for scams.” He also went on to mention that cryptocurrencies function as a typical Ponzi scheme that […]

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Michael Sonneshein, the CEO of cryptocurrency asset manager Grayscale, has called it quits, according to an announcement posted by Digital Currency Group Barry Silbert.  “Michael guided the firm through exponential growth & oversaw its pivotal role in bringing spot bitcoin ETFs to market, leading the way for the broader financial industry. We wish him the best […]

Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Gold bug Peter Schiff has warned Bitcoin bulls that the expected approval of spot Ethereum ETFs is going to be bearish for the leading cryptocurrency.  According to Schiff, any money that moves into Ethereum ETF will “most likely” come from spot Ethereum ETFs that were launched earlier this year to much fanfare. “Investors who decided to […]

Prominent Israeli philosopher Yuval Noah Harari, who is best known for his best-selling book “Sapiens,” recently took aim at Bitcoin, slamming it as “a currency of distrust.”  Even though Bitcoin proponents might have good reasons to distrust the banks, their preference for the leading cryptocurrency is still based on the distrust of human institutions, Harari claims. […]

On this day in 2010, Laszlo Hanyecz, a software developer from Florida, made history by buying two pizzas for 10,000 Bitcoins.  This was the very first commercial transaction conducted with the help of the original cryptocurrency.  The request to buy pizzas with the help of Bitcoin was posted by Laszlo five days prior to the actual […]