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Billionaire Barry Sternlicht Bought Bitcoin and Ethereum for Inflation Protection

Despite saying that it is “crazily volatile,” the American billionaire Barry Sternlicht admitted he has personally invested in bitcoin. Apart from it, he also has some holdings of the second-largest…

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Bitcoin Charted 5-Month High Above $58K: Polkadot (DOT) Skyrockets 20% on Parachain News

After yesterday’s price drop, bitcoin continued upwards and tapped a new five-month high above $58,500. The altcoins have also seen impressive gains, with Polkadot leading the pack. DOT has exploded…

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Ark Invest Doubles Down On Its Efforts To Offer a Bitcoin Futures ETF

Ark Invest, the asset management firm founded by cryptocurrency enthusiast Cathie Wood,wants to accelerate is crypto strategy and has now officially lent its name to an ETF tracking bitcoin futures.…

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Over 85% of Circulating Bitcoin Has Not Moved in Three Months or More: Analysis

The recent price surge from bitcoin has not deterred long-term holders from keeping their portions. Recent data from Glassnode informed that the percentage of BTC supply that has been held…

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Miami’s Mayor Opposes Jamie Dimon, Says Bitcoin Is Definitely Not Worthless

Francis Suarez strongly disagreed with Jamie Dimon’s opinion that bitcoin is “worthless.” The primary cryptocurrency has intrinsic value, while its underlying blockchain technology is “the most secure, most decentralized blockchain…

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Cambridge Data: The US Has Become the Leader for Bitcoin Hash Rate

The consequences of the Chinese ban on anything crypto, including mining, have led to a massive flippening as the USA has surpassed China in terms of Bitcoin hash rate share,…

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Market Watch: Bitcoin Drops $3,000 as Binance Restricts Access of Chinese Users

Following several consecutive days of price gains, bitcoin dropped by more than $3,000 today amid more negative news in relation to China. Interestingly, the situation is somewhat different among some…

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Binance to Cease Chinese Yuan Trades and Restrict Access for Users From China

In an attempt to comply with local regulations, Binance has announced it will stop servicing OTC deals involving the yuan for Chinese users as of December 31st, 2021. Shortly after…

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