Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. "My bank was not put into receivership for being insolvent. It was put there for being under-capitalized," the bitcoin skeptic said
Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and another 15,250 bitcoin, worth about $323 million at today's pric
The reason is, I believe, he understands what the major players are doing by Naked Short Selling Bitcoin, creating phantom chains and buying bitcoin and ethereum for $0 while selling them for cash.
The Democrat and Republican parties have been wielding social movements as weapons in a culture war. Is it time the Libertarian Party wields the Bitcoin hammer in the battle against the Federal Reserve?
Bitcoin prices dipped back below $20,000 this morning for the first time in a week, thanks to pressure on Asian stocks overnight, as the reprieve from the mid-month puke appears to be over for now...
While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years.
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling.
Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend's dip. ETH was almost 15% higher in today
Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. "My goal would be to maximize the usefulness of the service," he told Twitter's employees in his first all-hands meeting with them.
- Contagion Sparks Record Selling
For crypto investors, June is the cruelest month ever and the pain just won't go away.
Bitcoin, and the broader crypto sector, are getting crushed - again - for a record 12th day in a row...
Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months.
From bitcoin on down, most cryptocurrencies tanked Monday, as expectations the Federal Reserve will hike interest rates more aggressively to combat unrelenting inflation ratcheted up.
...at this time, we have been asked to take down our content and put on hold the availability of the card program while we work diligently with our card program manager and card issuer to resolve these unanticipated challenges as quickly as we can.
"The Fed will not be able to pause tightening let alone start easing. If all global central banks deliver what's priced there are going to be some significant negative shocks to economies."
TBD's Web5 takes a different approach than Web3 on how to build a properly decentralized internet, with Bitcoin being the single blockchain used in the project...
"We are in the middle of a bear-market rally. I think the market is going to be trading range-bound trying to figure out how soon is that recession coming or how quickly is inflation going down."
Reiterating his initial "cash is trash" call from January 2020, Ray Dalio, Bridgewater Associates Founder, Co-Chief Investment Officer and Member of the Board told Andrew Ross Sorkin on CNBC this morning that:
Terra now claims that the movement of the $3.5 billion in Bitcoin reserves - as described below - was conducted in order to sell the majority of it, in an unsuccessful attempt to support the UST stablecoin.
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