Despite still being fairly new, non-fungible tokens (NFTs) have taken the art and digital collectables market by storm. However, according to a recent finding, it appears that Bitcoin creator Satoshi Nakamoto anticipated this trend long before NFTs became a household name.
Reading Time: 2 minutes The Kingdom of Bhutan has revealed that it has been mining bitcoin using public funds A government official confirmed that the country has been using the country’s hydroelectricity for the operation The profits have gone towards subsidizing hardware and power expenses The Kingdom of Bhutan has confirmed that it has been mining Bitcoin since 2020 following an investigation by Forbes. The outlet reported over the weekend that the country, which was recently revealed to have become the first to hold cryptocurrencies as part of its sovereign wealth investments, has been using its plentiful hydroelectricity to mine Bitcoin for the past
The post Bhutan Reveals Public Bitcoin Mining Operation appeared first on FullyCrypto.
Reading Time: 2 minutes Balaji Srinivasan has bailed on his $1 million Bitcoin bet six weeks early Srinivasan had bet that Bitcoin would hit $1 million by mid-June His real goal was to raise awareness of the deepening financial crisis Former Coinbase CTO Balaji Srinivasan has settled his famous $1 million Bitcoin bet and donated $1.5 million to three charitable entities after considering his point made. Srinivasan was discussing the devaluation of the US dollar in March when he made a wager that the price of Bitcoin would hit $1 million by the middle of June. However, with more than a month to go
The post Balaji Srinivasan Bails on $1 Million Bitcoin Bet appeared first on FullyCrypto.
Key Takeaways First Republic has become the latest bank to collapse in the US Bitcoin has bounced this week, as it did in March when SVB fell and the banking crisis was triggered Our Head of Research, Dan Ashmore, contends that Bitcoin remains a risk asset, despite claims from enthusiasts that a decoupling is occuring […]
The post Bitcoin still trading like a risk asset, despite claims of decoupling amid banking crisis appeared first on CoinJournal.
Balaji Srinivasan took his Bitcoin (BTC) enthusiasm to the next level by making a controversial bet on the future price of Bitcoin in March.
Bitcoin (BTC) and Ethereum (ETH) prices rose nearly 2% respectively as stocks plunged. The S&P 500 was down 1.5% as two bank stocks plummeted. BTC and ETH gains saw altcoins in the top 10 cryptocurrencies by market cap up. Bitcoin (BTC) price moved above $28,500 again on Tuesday, rising more than 2% in early morning […]
The post Bitcoin, Ether eye new move as stocks plummet on fresh bank fears appeared first on CoinJournal.
Coinbase today announced the launch of a global derivatives platform as the U.S.-based cryptocurrency exchange faces harsh regulatory crackdown at home.
Reading Time: 2 minutes Standard Chartered believes Bitcoin is on course for $100,000 next year Bitcoin’s halving is early next year, while the bank believes the fundamentals are key The bank’s analyst, Geoff Kendrick, says that the crypto winter is over Standard Chartered has posted a bullish note regarding Bitcoin’s price, suggesting that it is on a pathway to $100,000 by 2024. In the note, analyst Geoff Kendrick claimed that the crypto winter is over and outlined a strong fundamental case for Bitcoin, saying that its unique decentralized design made it a tempting asset at a time when the traditional banking sector is under
The post Standard Chartered Says $100,000 Bitcoin in 2024 appeared first on FullyCrypto.
