Crypto Investor Sentiment Turns Neutral as BTC Price Plummets Below $57K

The Bitcoin Fear and Greed Index shows crypto investor sentiment has turned neutral following BTC’s slump below $57,000. According to data from Alternative.me, the fear and greed index sits at 54 for the first time in three months, signaling that crypto investors are neither fearful nor greedy amid the current market conditions. Investors Harbor NeutralContinue reading “Crypto Investor Sentiment Turns Neutral as BTC Price Plummets Below $57K”

Binance founder jailed for four months in US

The founder of cryptocurrency firm, Binance, was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed. Changpeng Zhao, a Canadian, resigned from his post at the world’s largest cryptocurrency exchange platform late last year as part ofContinue reading “Binance founder jailed for four months in US”

MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M

MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M To this point, the company has not adopted fair value accounting for its bitcoin stack, resulting in the first quarter write-down despite a major rally in prices. MicroStrategy (MSTR) reported a net operating loss of $53.1 million, or $3.09 per share, inContinue reading “MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M”

SEC sued over Ethereum, crypto firm asks court to state token is not a security

A bitter legal fight between the crypto industry and the Securities and Exchange Commission grew more intense on Thursday as Consensys, a major backer of the Ethereum blockchain, filed a lawsuit against the agency in Texas federal court. The complaint seeks to head off an impending SEC lawsuit against the company over features of itsContinue reading “SEC sued over Ethereum, crypto firm asks court to state token is not a security”

20% Nigerians using Bitcoin to transact daily – Report

A report by an open-source blockchain website, Elastos on Thursday revealed that 20 per cent constituting at least one in five Nigerians are using Bitcoin to carry out transactions everyday. According to the platform, the research was compiled from online interviews conducted with 1,407 self-defined ‘tech savvy’ respondents in Brazil, Germany, Nigeria, South Korea, UAE,Continue reading “20% Nigerians using Bitcoin to transact daily – Report”

Live 10th Anniversary Random Show with Kevin Rose — Exploring What’s Next, Testing Ozempic, Modern Dating, New Breakthrough Treatments for Anxiety, Bitcoin ETFs, Mike Tyson vs. Jake Paul, and Engineering More Awe in Your Life (#733) – The Blog of Author Tim Ferriss

Welcome to another episode of The Tim Ferriss Show , where it is usually my job to sit down with world-class performers of all different types to tease out the habits, routines, favorite books, and so on that you can apply and test in your own life.  This time, we have a very special episodeContinue reading “Live 10th Anniversary Random Show with Kevin Rose — Exploring What’s Next, Testing Ozempic, Modern Dating, New Breakthrough Treatments for Anxiety, Bitcoin ETFs, Mike Tyson vs. Jake Paul, and Engineering More Awe in Your Life (#733) – The Blog of Author Tim Ferriss”

Jack Dorsey’s payments company, Block, is building its own bitcoin mining system

Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips to developing a full bitcoin mining system. In a post Tuesday, the global tech firm announced that it had finished the development of its own standalone three-nanometer bitcoin mining chip and is now in the processContinue reading “Jack Dorsey’s payments company, Block, is building its own bitcoin mining system”

Bitcoin miners brace for impact as halving goes live

The bitcoin halving took effect late on Friday, cutting the issuance of new bitcoin in half. Bitcoin miners have spent years diversifying their business models and upgrading their facilitates to brace for the cut to revenues. Some mining firms have diversified into supporting the underlying infrastructure necessary for artificial intelligence. AUSTIN, TEXAS — Adam SullivanContinue reading “Bitcoin miners brace for impact as halving goes live”

Bitcoin Price Prediction: Will Bitcoin Reach $100,000 This Year?

Bitcoin has always been synonymous with volatility. Its value has experienced meteoric rises and precipitous falls, making it a subject of both fascination and apprehension for investors worldwide. However, the recent Bitcoin halving event has injected fresh uncertainty into the market, leaving traders and enthusiasts speculating about its next move. Bitcoin Halving: What Happened BitcoinContinue reading “Bitcoin Price Prediction: Will Bitcoin Reach $100,000 This Year?”

Bitcoin halving isn’t a big deal for long-term investors, but may have a ‘huge’ impact on one key group, says Columbia professor

Bitcoin halving isn’t a big deal for long-term investors, but may have a ‘huge’ impact on one key group, says Columbia professor Bitcoin’s “halving” is expected to happen soon. But its potential impact depends on your relationship to the coin; it’s likely to affect miners and investors differently. “To the people who own bitcoin becauseContinue reading “Bitcoin halving isn’t a big deal for long-term investors, but may have a ‘huge’ impact on one key group, says Columbia professor”

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