Category: Bitcoin News

Bitcoin hits $56k as ‘Big Short’ investor Michael Burry brands Shibu Inu ‘pointless’

On Monday morning, cryptocurrencies rose as bitcoin held above the key level of $50,000 (PS36.653). Bitcoin (BTC-USD) traded at $56,509, up 1.5% from April’s record high of $63,000. This is less than 15% off the record. Ethereum ( Ethereum-USD), second largest crypto market capital, traded at $3,611 after a 0.7% increase. Analysts predict a record-breaking rally

Why Bitcoin And Other Crypto Prices Are Plunging?

This decline in cryptocurrency’s value occurs at a time when institutional interests in the industry have risen. Some investment banks have increased their estimates for cryptocurrency in the next months. As investors seek to protect themselves from risk, analysts expect more volatility this week. According to CoinShares data, crypto funds and investment products saw inflows

Bitcoin Will Protect Your Wealth From The Government

The government is a parasite pretending to be our friend. The government wants us to believe that they are in our best interests while enriching themselves, their cronies, and ourselves. Governments exist to support themselves. They don’t shrink; they only get bigger. This is true for both democracies and dictatorships. Unstated goals are for the 1% and 99% to

Why did young Americans invest their stimulus checks in Bitcoin?

The US government issued a series of stimulus checks as a response to economic difficulties caused by the coronavirus pandemic. These payments were not available to everyone, but the majority of Americans qualified for them. This included many young Americans. A survey revealed that many of these youngsters had invested their stimulus checks into crypto assets, such

Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide

Finder’s Cryptocurrency Ownership Report published on August 13, 2021, has some interesting findings after the researchers polled over 42K people. The survey covered 27 countries and measures crypto asset ownership. According to the Finder poll, men are more likely than women to own a digital asset. James Edwards, Finder’s writer, explained that the gender gap in ownership is approximately

South African Central Bank Warns Citizens Against Accepting Tainted Banknotes

EWN reports that the South Africa Reserve Bank (SARB), has warned South Africans who are found with such banknotes they could be subject to criminal investigation. This warning comes after what the SARB called an “increase in circulation of dye-stained banknotes in KwaZulu-Natal, and Gauteng.” South Africa was in chaos immediately after Jacob Zuma’s arrest. His supporters violently