Bloomberg| Last Updated: May 08, 2020, 08.56 AM IST Getty Images Bloomberg Bitcoin beats coronavirus blues Bitbuddy launches bitcoin marketplace in India Bitcoin marketplace startup, BitBuddy launches in India Bitcoin slumps to lowest in a year as volatility grips Commenting feature is disabled in your country/region. Copyright © 2020 Bennett, Coleman & Co. Ltd. All…
REUTERS/Eduardo Munoz Billionaire investor Paul Tudor Jones is buying bitcoin, Bloomberg reported Thursday. The hedge fund manager said his fund may hold as much as a low single-digit percentage of its assets in bitcoin futures to help protect against a rise in inflation, according to the report. Paul Tudor Jones is the founder and CEO of…
The Polokwane Hawks are investigating a case in which several investors laid charges against the CEO of a cryptocurrency company after he allegedly sent them fraudulent proof of payment via his company, VaultAge Solutions. VaultAge Solutions, which started in 2018, trades in Bitcoin on behalf of its investors. Hawks spokesperson Captain Matimba Maluleke said Willie…
It’s been left for dead more than once, written off as nothing but a bubble and denounced as rat poison by one of the world’s most famous investors. Yet Bitcoin is once again staging a comeback reminiscent of the token’s glory days, with evangelists pegging their hopes on a technical event as the new catalyst….
As Bitcoin (BTC) halving approaches, there’s been a great debate over the results of the past two halvings compared to this third. Digital asset management firm CoinShares looked into the most popular BTC halving hypotheses to see how likely are they to occur in their opinion, and what their impact on the price of BTC…
Get ready for Bitcoin halving. Bitcoin halving? Just what is it and what does “halving” mean? These are questions investors are now asking with Google searches increasing, and even at times exceeding, COVID-19. First, an education is in order here. Bitcoin is an unregulated digital currency with no central authority in charge, such as a government…
A lady checking latest prices of Bitcoin digital currency outside Bitcoin ATM machine in Rzeszow’s … [+] Millenium Shopping Mall. A week ago, the Bitcoin (BTC) situation was looking not good, with a possibility of a further drop to $6,000 that began to circulate between traders. Now, Bitcoin appears to have stabilized and traders expect…
One of the longest standing narratives is that Bitcoin is a “safe haven asset” or “store of value,” an asset that should outperform equities and bonds when there is a recession, geopolitical tension, or otherwise abnormal events taking place that would not be defined as “good.” Although the narrative has come under fire as of…
In approximately 10 days as of this article’s writing, Bitcoin will experience its latest block reward reduction, known as a “halving.” Halvings, which take place around every four years, ensure that the number of coins issued per block gets cut in half, resulting in a 50% reduction in BTC’s inflation. Block rewards being cut in…
To most, Bitcoin’s rally from literal irrelevance to becoming one of the most valuable assets in the world is hard to explain. The critics say that the value of the cryptocurrency is entirely based on speculation by foolish retail investors willing to buy into what they think is a Ponzi scheme. Thus, when a quantitative…
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