Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby
Bitcoin (BTC) failed to hold short-term support at $40,000 as sellers maintained the two-month long downtrend. Intraday oversold signals were not enough to sustain bids, which means longer-term indicators are …
Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby Read MoreHere’s Why Bitcoin Tumbled 11% in 24 Hours
The world’s largest cryptocurrency by market capitalization began to drop Thursday around 19:00 UTC (2 p.m. ET), following the lead of the equity market, which saw a sharp decline into …
Here’s Why Bitcoin Tumbled 11% in 24 Hours Read MoreCrypto Trader Tantra to Liquidate After ‘GBTC Discount’ Widens to Record
Tantra Labs, a cryptocurrency-focused trading firm that offered an interest-bearing investment product, is being wound down after reporting “performance degradation” and failing to raise fresh capital. GGG Partners, an Atlanta-based …
Crypto Trader Tantra to Liquidate After ‘GBTC Discount’ Widens to Record Read MoreSEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings
Michael Saylor‘s MicroStrategy won’t be able to remove swings in the value of its enormous bitcoin holdings from its unofficial accounting measures, according to comment letters released by the U.S. …
SEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings Read MoreMarket May Be Suffering But Bitcoin And Ethereum Will Pull Back Stronger, Bloomberg Analyst
Bitcoin and Ethereum have led the market in the recent downturns that have rocked the market. These two digital assets are no doubt market movers in their own right and …
Market May Be Suffering But Bitcoin And Ethereum Will Pull Back Stronger, Bloomberg Analyst Read MoreOn The Ground In El Salvador With Samson Mow And The Volcano Bitcoin Bond
Bitcoin Magazine got an exclusive interview with Blockstream’s Samson Mow to discuss El Salvador’s new Volcano Bitcoin Bond. South America is alive and well today with the sound of new …
On The Ground In El Salvador With Samson Mow And The Volcano Bitcoin Bond Read MoreThe Hate Against Bitcoin Is Nothing New
New ideas have often found resistance, something that certainly isn’t new to bitcoin and its entrance into the mainstream. “Nitimur in vetitum” (We are ever striving after what is forbidden) …
The Hate Against Bitcoin Is Nothing New Read MoreWhat Is Bitcoin Backed By?
It’s likely not what you think — because most people are asking the wrong question. People often say: “bitcoin can’t be money, it isn’t backed by anything.” This is an …
What Is Bitcoin Backed By? Read MoreReplacing The U.S Dollar With Bitcoin: Leaving The Gold Standard
To think through how bitcoin will replace the U.S. dollar, we must first turn to the dollar’s own journey in leaving a gold standard. Many a Bitcoin maxi have been …
Replacing The U.S Dollar With Bitcoin: Leaving The Gold Standard Read More