SkyBridge Capital founder Anthony Scaramucci has stated that it is “likely” that some of the altcoins have already had their “last hurrah.” “While it is really hard to predict what will happen in this market, I think it is possible (likely) that some of the alts had their last hurrah and are done,” he said. […]
Category Archives: Coins
According to a recent report by The Washington Post, the National Center for Public Policy Research, the conservative think tank that recently made waves with its Bitcoin proposals for Microsoft and Amazon, plans a broader push. It is currently in the process of negotiating a Bitcoin proposal with a “major” company. The NCPPR has yet to […]
Financial commentator Peter Schiff has suggested the idea of creating a government-backed Bitcoin copy called “USA Coin.” Schiff, a well-known cryptocurrency critic, has pitched this as an alternative to creating a strategic Bitcoin reserve. The gold bug argues that the U.S. government could potentially save a lot of money by opting for its own cryptocurrency […]
The calm of Sunday morning was shattered today by a sudden massive Bitcoin (BTC) shift. According to a report by Whales Alert, 8,427 BTC, equivalent to $818.69 million, were shifted between two unknown wallets. If the recipient’s wallet under the address “bc1q5x” is indeed unknown and has never been used, the sender’s wallet has some links that […]
MicroStrategy co-founder Michael Saylor has suggested that Amazon founder Jeff Bezos should consider buying $600 million worth of Bitcoin instead of splurging all this cash on a lavish wedding. Earlier today, the Daily Mail reported that Bezos was preparing to marry his fiancee Lauren Sanchez on Dec. 28 in Aspen, Colorado. The British tabloid, which cited […]
The wheels of a global financial crash, says Robert Kiyosaki, are already in motion. It is no longer distant speculation but, as he describes, a reality unfolding across multiple continents. From Europe to China to the United States, major economic players are grappling with what he sees as the makings of a severe downturn. Depression ahead? […]
MicroStrategy has made headlines again by purchasing 5,262 BTC for approximately $561 million at an average price of $106,662 per BTC. The company now holds a staggering 444,262 BTC, accumulated at a total cost of approximately $27.7 billion, with an average purchase price of $62,257 per BTC. Despite impressive returns of 47.4% since the beginning […]
The long-defunct Mt. Gox exchange moved $49.3 million worth of Bitcoin earlier today. A portion of this sum ($19 million) was distributed to two fresh wallets. The trading platform, which went bankrupt back in early 2014, continues to hold roughly $3.45 billion in Bitcoin. As reported by U.Today, Mt. Gox also made several other transactions earlier […]
MicroStrategy is in the news again, with the company’s latest Bitcoin (BTC) purchase worth over half a billion dollars. With this latest purchase, the company now holds a whopping 444,262 BTC, which they have accumulated at a total cost of approximately $28 billion, with an average purchase price of $62,257 per BTC. This is the seventh […]
The price of Bitcoin, the leading cryptocurrency by market capitalization, has slipped to an intraday low of $93,054. According to Andrew Thrasher, portfolio manager for The Financial Enhancement Group, the leading cryptocurrency is currently testing the 50-day moving average (MA) on the daily chart. Cryptocurrency analyst David Vallieres believes that the price of Bitcoin coud potentially […]