Chinese local administrations sell confiscated cryptocurrency despite the current ban
Local governments China started selling confiscated cryptocurrencies for cash through private companies, despite the current ban on cryptocurrency trading in mainland China. They had to do this because of the economic slowdown — they had to fill their coffers somehow.
In 2024, twice as many Ukrainian officials declared cryptocurrencies, the leaders — National Police officers
In 2024, 2,113 Ukrainian officials filed declarations that included cryptocurrencies. This is 2.2 times more than before the full-scale invasion of Ukraine. Overall, the number of such declarations increased by 10% compared to the previous year.
Author of the book «Rich Dad, Poor Dad» Robert Kiyosaki: «Start saving gold, silver and bitcoins»
Robert Kiyosaki, the author of the bestselling book «Rich Dad, Poor Dad», has once again criticized fiat currencies. He called for the abandonment of «fake money» and the preference for investing in real assets such as gold, silver, and bitcoin. Kiyosaki warned that those who rely on foreign currency savings will only become poorer because…
BitMEX co-founder Arthur Hayes says bitcoin’s potential bottom is —$70k, but it is also a chance for investors
Arthur Hayes, co-founder and former CEO of BitMEX, remains confident in the further growth of bitcoin despite the serious volatility in the crypto market. He is convinced that long-term bullish trend will continue, and the current short-term fluctuations should be viewed as opportunities for profitable entry for investors.
Bitcoin faces a fall, – CEO of Foundation Devices
Bitcoin has been trading in the range of $94 thousand – $104 thousand According to CEO Foundation Devices Zach Herbert, digital gold traditionally goes through the same cycles approximately every 4 years that depend on halving. This means that we should expect a further decline.
There is no MicroStrategy anymore. What happened?
MicroStrategy has announced a high-profile rebranding for the first time in 35 years of its existence. It will operate under the name Strategy. In addition, the logo has also changed — it is now a bitcoin symbol. In this way, the company wanted to emphasize that it has come a long way: from microprocessors to corporate analytics, bitcoin, and AI…
Nobel Prize winner predicts complete depreciation of bitcoin in 10 years
While US President Donald Trump promotes crypto-positive policy in Washington, a leading American economist and 2013 Nobel Prize winner, predicts that bitcoin will lose all its value over the next 10 years.
Satoshi Nakamoto turned out to be richer than Bill Gates
Satoshi Nakamoto, the mysterious creator or group of creators of the Bitcoin blockchain network, is richer than Microsoft co-founder Bill Gates. About reported Conor Grogan, Director of Product Strategy and Business Operations at Coinbase. According to his estimates, the total assets of the wallets associated with Nakamoto exceed 1.096 million BTC.…
The bull market has been canceled: MicroStrategy co-founder Michael Saylor is on the cover of Forbes. What is the connection?
Michael Saylor, co-founder and executive chairman of MicroStrategy, appeared on the cover of Forbes magazine with the inscription «The Bitcoin Alchemist». Thus, the publication emphasized his significant impact on the introduction of bitcoin in the corporate sector and its popularization as a strategic asset.
Bitcoin at $300k and 9 more forecasts for 2025 from HashKey
Hong Kong company HashKey Group introduced 10 predictions for the cryptocurrency market in 2025, including: Bitcoin value increasing to $300k, Ether — to $8k, and the total market capitalization of cryptocurrencies rising to $10 trillion.
Crypto market «freezes»: bitcoin could face a drop to $74k
Renowned crypto analyst Ali Martinez reported that capital inflow to the crypto market has decreased by more than 56% over the last month (i.e., December 2024). Investment volume dropped from $134 billion to $38 billion. In his post on X, Martinez shared a chart demonstrating the change in the total realized value of cryptocurrencies. A significant…
The crypto market is going down: what’s behind the fall?
Despite the additional zeros promised by many analysts, the bitcoin rate this week fell from $100,000 to $94,000, causing panic among investors. The BTC price drop has started to sink altcoins as well. Most tokens are losing value. Let’s understand the reasons and whether there are reasons for anxiety.
Rise of the dead: Forbes-«zombie» tokens revived and showed an average yield of 68%
In March 2024, Forbes identified 21 token-“zombies” with XRP at the forefront, referring to assets that were barely used in practice, except for speculative trading. However, the recent surge in the market value of these quasi-dead tokens forced the crypto community to recall this Forbes publication.
From MicroStrategy to Tesla: which companies hold the largest bitcoin reserves?
Bitcoin has become a powerful financial instrument for both private investors and large corporations. Some public companies are actively investing in this cryptocurrency, seeing it as a promising asset. For example, MicroStrategy made its fourth consecutive weekly purchase of 15,400 bitcoins, spending $1.5 billion. This brought the amount of…
The bull market is in full swing: how to trade safely and profitably
Bitcoin’s price is updating historical highs daily, investors are caught in a wave of optimism, and capital is confidently flowing into the digital asset space. The mood in the community resembles euphoria. However, it is important to remember the potential risks. In the growing cryptocurrency market (often called a bull market), it is…
Bitcoin may reach $180,000 by 2025, — VanEck forecast
The price of bitcoin (BTC) may reach $180 thousand in the current growth cycle, which is likely to last until 2025. This opinion was expressed by Matthew Siegel, Head of Digital Asset Research at VanEck, in an interview with CNBC Squawk Box. He compared the current post-election rally in cryptocurrencies to the same period after the 2020 US…
US ghost town Detroit to accept cryptocurrency for tax payments
Starting in 2025, Detroit residents will be able to pay taxes and other city fees with cryptocurrency via the secure PayPal platform. Thus, the ghost town will become the largest US metropolis to accept cryptocurrency payments.
One million bitcoins may become part of the US national reserve
Donald Trump won the presidential election, and shortly afterwards, Senator Cynthia Loomis announced her support for the idea of creating a strategic reserve in bitcoin. Draft law «crypto queens» Capitol Hill BITCOIN from 2024 (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act) proposes to purchase 1…
We found another «Satoshi Nakamoto» from London, who has already received the nickname «Faktoshi»
On October 31, another attempt was made in London to reveal the identity of the creator of the blockchain and the Bitcoin cryptocurrency. A man previously unknown to the public gathered many journalists to publicly prove his authorship and provide evidence that he — Satoshi Nakamoto — created the Genesis Block — the first block on the Bitcoin…
A prominent crypto entrepreneur explains how China crisis could affect the crypto market
Arthur Hayes, a well-known American entrepreneur, co-founder and former director of the BitMEX crypto exchange published a new essay titled «Forward, Bitcoin», in which he stated that «monetary chemotherapy» in the Chinese economy would boost the prices of bitcoin and other assets. Hayes noted that global economic crises and monetary stimulus…
Found the wrong guy? Peter Todd is hiding because of an HBO documentary that called him the creator of bitcoin
Peter Todd, a 39-year-old Canadian software developer who played a key role in the early creation of bitcoin, was furious when he was named Satoshi Nakamoto in the documentary Money Electric: The Bitcoin Mystery directed by Cullen Hoback.
Uptober or Octobear: Are we waiting for a bull market this year?
October may be a crucial month for the cryptocurrency market. Historically, Bitcoin has shown growth during this period, which is why the month was even called Uptober. However, we should not forget that the crypto market has been and remains unstable. And October can turn into an Octobear — bearish month just overnight. Will we […]
Masks off: crypto community names 5 most likely candidates for Bitcoin founder
On October 9, HBO will release a documentary called Money Electric: The Bitcoin Mystery. The creators of the film promised to solve one of the greatest mysteries of our time: who is Satoshi Nakamoto and where did he disappear to? The film was directed and produced by «Emmy» nominated Cullen Hoback, creator of Q: Into the Storm (a documentary…
Mt.Gox, the first crypto exchange to go bankrupt, starts returning bitcoins to customers — 10 years after the hack
In the first few hours, Mt.Gox moved 140,000 bitcoins worth $9 billion to an unknown address, presumably as part of a plan to pay off creditors. Moreover, the flagship coin fell at this time by about 2.5% under pressure from expected sales.
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