In brief: Bitcoin at a value above $58,400 is worth more than a kilogram of gold Bitcoin’s market cap at over $1 Trillion has made it hard to ignore and could usher in a new phase...
Summary: The CFTC has ordered Coinbase to pay $6.5 million for ‘false, misleading or inaccurate reporting and wash trading’ Coinbase is also ordered to cease and desist from any further violations of the Commodity Exchange act...
In brief: Bitcoin is more sensitive than gold to inflows of fiat According to B0fA, a $93 million injection into Bitcoin would result in a price appreciation of 1% Gold would need $2 Billion to achieve...
In brief: Users of Cash App can now send and receive Bitcoin to other users within the app without incurring transaction fees This means that they can send Bitcoin in a manner similar to sending fiat...
In brief: Data from Chainalysis suggests that Bitcoin balances on exchanges have increased in the last week This is as Bitcoin struggles to maintain the $55k support area An increase in Bitcoin balances on exchanges could...
In brief: Barstool Sports’ Dave Portnoy has admitted that he ‘f*ucked up’ when he sold his Bitcoin last year Mr. Portnoy explained that he could not handle the ups and downs of Bitcoin He added that...
In brief: The first $1,200 stimulus check has appreciated to $10,278 if the recipient invested in Bitcoin The second $600 stimulus check has appreciated to $1,227 if it also bought Bitcoin The third round of stimmy...
In brief: According to Bloomberg, the US CFTC is probing Binance on whether it allowed US residents to trade derivatives on the platform Bitcoin took a $2k nosedive from $57k to $55k as a result March...
In brief: According to Tyler Winklevoss, there is a lot of institutional money coming into Bitcoin Most of it is still sitting on the sidelines Bitcoin’s price growth is ‘in the second pitch of the first...
In brief: Twitter CEO, Jack Dorsey will end the NFT auction of his first tweet on the 21st of March He will immediately convert all proceeds to Bitcoin and Donate to GiveDirectly.org Justin Sun has been...
In brief: Grayscale new job openings suggest the company is considering a Bitcoin or Crypto related ETF application One of the requirements is that candidates should have experience dealing with the various US financial regulatory bodies...
Quick summary: The Bitcoin network has settled roughly $10 Billion a day since the beginning of 2021 The BTC transactions are between actual users of the Bitcoin network including institutional investors 15,700 Bitcoin left Coinbase yesterday,...