Auto Added by WPeMatico

Michael Saylor Sees Bitcoin Trading at $69,000 in the Next Four Years

Michael Saylor – Co-Founder and Chairman of the business intelligence software MicroStrategy – predicted that bitcoin’s price will reach its all-time high levels from November 2021 (approximately $69,000) “sometime in…

Continue ReadingMichael Saylor Sees Bitcoin Trading at $69,000 in the Next Four Years

Bitcoin Stable at $19K Despite BOE’s 50 Basis Point Interest Rate Hike

Attempting to fight the raging inflation, the Bank of England raised the interest rates by 50 basis points today. BTC’s price remained stable, without any significant volatility, unlike what happened…

Continue ReadingBitcoin Stable at $19K Despite BOE’s 50 Basis Point Interest Rate Hike

JPMorgan CEO Slams Crypto Again, Calls Bitcoin ‘Decentralized Ponzi Scheme’

Jamie Dimon – Chief Executive Officer of JPMorgan Chase & Co. – reiterated his negative stance on the crypto industry, describing bitcoin and other digital assets as “decentralized Ponzi schemes.”…

Continue ReadingJPMorgan CEO Slams Crypto Again, Calls Bitcoin ‘Decentralized Ponzi Scheme’

Fed-Induced Volatility Pushed Bitcoin to New 3-Month Lows at $18K (Market Watch)

The price of bitcoin was rejected at $20,000 and slumped to $18,000 following the latest interest rate hike by the US Federal Reserve. The altcoins experienced similar volatility, but most…

Continue ReadingFed-Induced Volatility Pushed Bitcoin to New 3-Month Lows at $18K (Market Watch)

Brazil’s ‘Bitcoin Pharaoh’ Ordered to Reimburse Conned Investors With $3.7B (Report)

The Brazilian authorities reportedly ordered Glaidson Acácio dos Santos (known as “Bitcoin Pharaoh”) to deposit 19 billion BRL (nearly $3.7 billion) in court. This sum will be transferred to more…

Continue ReadingBrazil’s ‘Bitcoin Pharaoh’ Ordered to Reimburse Conned Investors With $3.7B (Report)

Colorado Becomes the First US State Accepting Taxes in BTC and ETH: Report

The authorities of Colorado announced that state residents can now pay their taxes in cryptocurrencies instead of fiat. Among the supported digital assets are the two biggest by market capitalization…

Continue ReadingColorado Becomes the First US State Accepting Taxes in BTC and ETH: Report

Bitcoin Struggles Below $19K, XRP Only Green Asset in Top 10 (Market Watch)

Yesterday’s 6% recovery from bitcoin was somewhat short-lived, as the asset has returned below $19,000 as of now. Most alternative coins are in a similar state, with minor daily losses.…

Continue ReadingBitcoin Struggles Below $19K, XRP Only Green Asset in Top 10 (Market Watch)

MicroStrategy’s Bitcoin Stash Reached 130,000 Following Another $6M Purchase

The largest BTC corporate holder – MicroStrategy – has stayed true to its word by making another bitcoin purchase earlier today. The firm accumulated 301 coins at an average price…

Continue ReadingMicroStrategy’s Bitcoin Stash Reached 130,000 Following Another $6M Purchase

BTC, ETH Recover 6% Daily, XRP Soars 10% on Latest SEC-Lawsuit News (Market Watch)

After several days of free falls, bitcoin finally turned the situation around, gaining 6% in a day and reclaiming $19,000. The altcoins are also well in the green today, with…

Continue ReadingBTC, ETH Recover 6% Daily, XRP Soars 10% on Latest SEC-Lawsuit News (Market Watch)