A popular on-chain analyst said in a recent podcast appearance that Bitcoin would reach the $300,000 mark later this year as institutional buying continues to grow in recent times.
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Tag: BTCUSD
54% of Koreans say they support crypto taxes
A new survey in South Korea has shown that 53.7% of respondents support the upcoming implementation of capital gain taxes on profits from crypto trading, local outlet Yonhap News Agency reported today.
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Crypto enthusiast projects ‘Bitcoin fixes this’ on Bank of England
On Friday night, a massive image appeared on the Bank of England’s building in London stating that “Bitcoin fixes this.” Look what someone projected onto the Bank of England last night.
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Warren Buffett’s ‘right-hand man’ says Bitcoin is “disgusting”
Charlie Munger, vice chairman of American holding company Berkshire Hathaway, lambasted Bitcoin during the firm’s annual shareholder meeting yesterday, calling it a “disgusting” financial product that was invented “out of thin air.” “Of course I hate the Bitcoin success,” said during a Q&A session, adding, “I don’t welcome a currency that’s so useful to kidnappers […]
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Bitcoin critic Peter Schiff says both the American economy and US dollar are going to crash
Peter Schiff, CEO of Euro Pacific Capital and a well-known critic of Bitcoin, went full-on doomsayer mode yesterday with predictions of everything collapsing—the United States dollar, the American economy, and, of course, Bitcoin (BTC).
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Crypto market livens up as MicroStrategy says it wants more Bitcoin
Prices of Bitcoin (BTC) and other major cryptocurrencies swiftly began to pick up steam today after a week of uncertainty, potentially boosted by MicroStrategy announcing its plans to continue buying BTC.
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Bitcoin miners in China receive ’emergency notice’ amidst energy concerns
The Beijing Municipal Bureau of Economy and Information Technology has begun sending out “emergency notices” to local data centers, urging their operators to report whether they are involved in cryptocurrency mining, Reuters reported yesterday.
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This small Caribbean island fully embraces Bitcoin in absence of banks
Bequia, a small island in the Caribbean just 18 square kilometers in size, is primed to become the world’s first fully Bitcoin-enabled community, Euronews reported earlier this week.
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Australian cricketer Brett Lee donates 1 Bitcoin towards India’s coronavirus fight
Brett Lee, a former Australian international cricketer, has donated one Bitcoin (worth roughly $54,000 today) to the so-termed “Crypto Relief” fund aimed at helping Indian hospitals to fight the coronavirus pandemic.
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US bank BNY Mellon blames “no exposure to Bitcoin” for fund underperformance
US bank BNY Mellon says one of its technology-focused funds had underperformed the market because it wasn’t exposed to companies investing in Bitcoin, a filing from yesterday showed.
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