Canadian billionaire Frank Giustra has opined that Bitcoin, the leading cryptocurrency by market cap, is merely a speculative tool: “So far, despite its performance, Bitcoin has not proven it has the qualities of gold. That’s just a fact. It can aspire to be like gold, but that’s speculation. Enjoy the ride,” he said. Giustra, a…
Advertisement     Chinese local governments have been quietly selling confiscated cryptocurrencies worth around $1.4 billion, operating in a regulatory gray area that experts warn could foster corruption and undermine the country’s official ban on crypto trading. According to a Thursday report by Reuters, citing transaction records and court documents, regional authorities have been…
Strategy chairman Michael Saylor, a vocal promoter of Bitcoin, stoked renewed chatter among crypto circles with his recent enigmatic tweet. Thursday’s message stating merely “Bitcoin is Calling” left many asking if a forthcoming significant purchase looms. Strategy’s Shopping Spree On Bitcoin Goes Unabated In The Face Of Market Uncertainty The company recently acquired 3,450 Bitcoin…
In brief Circle and eToro have entered “quiet periods.” IPO soon? Bitcoin miners are selling off BTC at faster and larger clips. Semler turns to Coinbase for help settling its DOJ fine, and much more in this week’s Public Keys. Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto…
By Sydney Price · April 18, 2025, 4:30 PM EDT The attorneys who won $4.6 million and 25 bitcoins in a class action accusing crypto mining company Stronghold Digital Mining Inc. of failing to fully disclose its supply chain risks will,… Want to continue reading? Unlock these benefits today when you sign-up for a FREE…
Bitcoin has spent the past week locked in a sideways range after rejecting from a swing high. Volatility has dried up, and price action remains muted as the market coils tighter. Traders are now watching key intraday levels for potential fakeouts and liquidation runs while awaiting a more decisive directional move. Bitcoin (BTC) has entered…
In brief Three men in Brazil were sentenced to a combined 170 years in prison this week over a Bitcoin investment scheme that authorities say was a scam. Prosecutors say that Braiscompany deceived investors out of $190 million. A Brazilian court this week jailed three men for their part in a crypto Ponzi scheme that…
A prominent Cardano ecosystem participant has elated the community with a prediction that ADA could reach $20 if a recent partnership runs its full course. Altcoin Oracle, a delegated representative (DRep) in Cardano’s newly integrated decentralized governance system, recently shared a bold but bullish prediction. In an April 17 tweet, he suggested that Cardano could…
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On April 7, the CBOE Volatility Index (VIX) posted a rare spike to 60, a level seen as a barometer of extreme market fear and uncertainty. According to Dan Tapiero, CEO of 10Tfund, the VIX has hit 60 only five times in the last 35 years, and data suggests a rebound for risk assets such…