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You Can Earn 6%, 8%, Even 12% On A Bitcoin ‘Savings Account’—Yeah, Right

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New trading platforms want to borrow your cryptocurrency, and are willing to pay a pretty crypto-penny for the privilege. You Can Earn 6%, 8%, Even 12% On A Bitcoin ‘Savings Account’—Yeah, Right Just don’t let anyone convince you it’s like putting your money in a bank. Investing for income in…

Egyptians Are Buying Bitcoin Despite Prohibitive New Banking Laws

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Egyptian crypto trading volume and exchange sign-ups increased dramatically this past January, capping off an already high-volume 2020. Egyptians Are Buying Bitcoin Despite Prohibitive New Banking Laws Egyptian user registrations on U.K.-based cryptocurrency exchange CEX.IO rose 250% in January from the previous month. According to the firm’s executive director, Konstantin…

Is March Historically A Bad Month For Bitcoin?

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Why March Is The Bloodiest Month In Bitcoin History. Is March Historically A Bad Month For Bitcoin? [embed]https://www.youtube.com/watch?v=KhekTVHCEXg[/embed]   Last February was the early 2020 peak prior to the pandemic hitting and panic setting in, and following the 2017 top, Bitcoin fell from $20,000 to $5,800. But its actually March…

Suze Orman: ‘I love Bitcoin’

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Bitcoin (BTC) fell nearly 5% on Thursday amid a broader sell-off after Federal Reserve Chairman Jerome Powell stopped short of offering a strong rebuke to the recent spike in Treasury yields. Suze Orman: 'I love Bitcoin' Still, bitcoin has risen nearly 64% this year, likely buoyed in part by large,…

Bitcoin Falls 4% As Fed’s Powell Sees ‘Concern’ Over Rising Bond Yields

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Federal Reserve Chair Jerome Powell disappointed some traders by offering few signs that the central bank might expand monetary stimulus. Bitcoin Falls 4% As Fed’s Powell Sees ‘Concern’ Over Rising Bond Yields Bitcoin’s price fell by the most in a week after Federal Reserve Chair Jerome Powell acknowledged he “would…

Clubhouse And Its Privacy & Security Risk

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The Need To Know Before Downloading Clubhouse. Clubhouse And Its Privacy & Security Risk [caption id="attachment_25236" align="aligncenter" width="600"] Clubhouse Co-Founder Paul Davison[/caption] Recently, an audio-only social media app, “Clubhouse,” is so popular that people are selling invite codes on bidding platforms. Although the app is iPhone only, in the android…

Australian Bitcoin Firm Iris Energy Upsizes Pre-IPO Round

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Australian Bitcoin-focused data center business Iris Energy has doubled a fundraising round to A$40 million ($31 million) ahead of a planned initial public offering. Australian Bitcoin Firm Iris Energy Upsizes Pre-IPO Round Iris expanded the offering on Wednesday following a A$13 million commitment from Platinum Asset Management, according to a…

Marc Lasry, Chris Giancarlo Invest In Crypto Firm BlockTower

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Billionaire hedge-fund manager Marc Lasry and former U.S. Commodity Futures Trading Commission Chairman Christopher Giancarlo have invested in crypto-asset and blockchain investment firm BlockTower Capital. Marc Lasry, Chris Giancarlo Invest In Crypto Firm BlockTower Terms weren’t disclosed. Lasry, the co-founder and chief executive officer of Avenue Capital Group, made an…

Economist Warns Of Dystopia If ‘Bitcoin Aristocrats’ Become Reality

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Critics of the digital currency have visions of the future every bit as silly as maximalist's. Economist Warns Of Dystopia If ‘Bitcoin Aristocrats’ Become Reality Not everyone is excited about hyperbitcoinization. According to a popular copy/paste meme, Bitcoin hodlers are set to become a neo-aristocracy as Bitcoin becomes the dominant…

Bitcoin’s Compound Annual Growth Is ‘An Unheard-Of’ 200% CAGR

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Bitcoin's CAGR is unprecedented in the history of finance, data shows, as MicroStrategy gives gold 10 years before it's consumed by cryptocurrency. Bitcoin's Compound Annual Growth Is 'An Unheard-Of' 200% CAGR Bitcoin (BTC) has delivered returns that are “unheard of” in history and ultimately leave Tesla stock in the dust.…

En Route To $200K? Bitcoin Closed February 26% Above Stock-To-Flow Model Price

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Bitcoin is actually overshooting the popular S2F model price as the month of March begins. En Route To $200K? Bitcoin Closed February 26% Above Stock-To-Flow Model Price The price of Bitcoin (BTC) is outpacing the popular Stock-to-Flow (S2F) model, which predicts that the BTC price will eventually reach $200,000. The…

Bitcoin’s Long-Term Value Doubted Due To ESG, Tighter Rules

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Bitcoin is nursing losses after its worst weekly plunge in almost a year and on one view its longer term outlook could be even worse because of environmental concerns and tightening regulations. Bitcoin’s Long-Term Value Doubted Due To ESG, Tighter Rules The sheer amount of energy needed to mine Bitcoin…