
Luongo: Is The Bitcoin ETF "A Trap"?
• https://www.zerohedge.com, by Tom LuongoSo Tuesday October 19th, 2021 was supposed to be the day that changed everything for bitcoin.
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So Tuesday October 19th, 2021 was supposed to be the day that changed everything for bitcoin.
Mining cryptocurrency is an energy-intensive industry.
Shoppers can purchase the cryptocurrency at Coinstar machines inside the retailer's cavernous big box stores. A CoinDesk editor verified that the service works, buying a small amount of BTC at a Pennsylvania Walmart on Oct. 12.
Thiel, a longtime libertarian, said that cryptocurrencies' rise was a rebuke of the world's financial systems. "Bitcoin at $66,000. Is it going to go up? Maybe," he said. "But it surely tells us that we are at a complete bankruptcy moment f
Worldcoin says it's already attracted $25 million in funding from Silicon Valley investors including Andreessen Horowitz, Coinbase and billionaire LinkedIn co-founder Reid Hoffman, giving the firm a $1 billion valuation.
Rishi Sunak - Chancellor of the Exchequer at HM Treasury. What are Central Bank Digital Currencies, how do they work and how can they benefit businesses and consumers?
Update (1345ET): BITO just did something no other ETF has ever done...this is the first ETF to crack $1 billion in AUM in under 2 days. GLD did it in 3 days.
Cryptocurrencies like bitcoin have few fans in Washington. At a July congressional hearing, Senator Elizabeth Warren warned that cryptocurrency "puts the [financial] system at the whims of some shadowy, faceless group of super-coders."
As US Becomes World's Largest Bitcoin Miner, Riot Blockchain Unveils 200 Megawatt Immersion-Cooled Mining Operation
Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients.
Today was all about two things - what went up (crypto) and what went down (US economic growth forecasts).
Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised that using the bitcoin standard will end starvation and allow citizens of both countries
US equities rediscovered their winning ways as the cash markets opened - after weakness overnight following China's disappointing economic data dump.
The price of bitcoin has continued to push toward higher prices as the leading crypto asset has tapped a high of $61,749 per unit on Friday.
King John's military failure at the Battle of Bouvines triggered the barons' revolt, but the roots of their discontent lay much deeper. King John ruled England in a ruthless manner at a time when the instruments of government and the practice
Miami Mayor Francis Suarez (R) says he is moving forward with a proposal to pay city workers in bitcoin.
U.S. Senator Cynthia Lummis has disclosed her bitcoin purchase worth between $50K and $100K. The senator from Wyoming sees bitcoin as an "excellent store of value" that should be in every investment portfolio.
Watch the latest Bitcoin.com News Weekly Recap where we touch on bitcoin price in light of predicted ETF approvals, SEC chairman Gary Gensler's comments on the U.S. and crypto bans, Nigeria's struggle to roll out a central bank digital currency i
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold.
Soros Fund Management, founded by billionaire investor George Soros, has invested in bitcoin. The CEO of the asset management company says bitcoin is not just an inflation hedge: "I think it's crossed the chasm to mainstream."
One day after Citadel billionaire founder-CEO Ken Griffin compared the crypto craze a "jihadist" attack on the dollar (not that this would stop Citadel from getting involved in the market once it's properly regulated)...
Watch the latest Bitcoin.com News Weekly Recap where we touch on bitcoin's resistance to China's latest crypto crackdown, inflation troubles plaguing the U.S. dollar, volcanic bitcoin mining in El Salvador, a crypto-trading hamster, and more.
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the "95MW of 100% clean, 0 emissions geothermal energ
Six months after Mayor Francis Suarez announced that Miami will pay employees and accept taxes in Bitcoin, documents reveal numerous difficulties.
That's the goal of a new partnership between crypto payment processor BitPay Inc. and Verifone Inc., one of the world's largest providers of those little machines you use to pay via a credit card or Venmo at a checkout line.
Coinbase, a publicly traded cryptocurrency company, recently announced that it will sell 1.5 billion worth of bonds (then revised it to 2 billion). Dollars. A leader of the crypto revolution is borrowing dollars.
There's a very good reason the expression a "monkey throwing a dart could make money in this market" exists.
China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to digital coins are "illegal" and must be banned.
The kneejerk reaction to the most hawkish Fed statement since 2018 is 'interesting'.