Tag: News

Bitmain Saga Over: Jihan Wu Steps Down as CEO

January 26, 2021 | By | Reply | 0 Readers More
Bitmain Saga Over: Jihan Wu Steps Down as CEO

​Bitmain co-founder Jihan Wu officially announced his resignation in a signed statement published on Tuesday. An excerpt from Wu’s cryptographic message reads: “The disagreement between Micree and myself, the two co-founders of Bitmain, has been finally settled in an amicable and, more importantly, a constructive manner.” As part of the settlement, fellow co-founder and rival […]

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4 Countries Where Bitcoin Searches Hit ATH In Early 2021

January 26, 2021 | By | Reply | 6 Readers More
4 Countries Where Bitcoin Searches Hit ATH In Early 2021

With BTC’s price exploding to new highs, the asset’s popularity has grown globally. Google searches for Bitcoin have reached ATH records in several countries, including Chile, Nigeria, Argentina, and Colombia. Interestingly, the trading volumes from most of these nations have also increased lately. Google Searches of BTC To New ATHs In Several Countries Although the […]

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Goldman Sachs CEO Issues Warning Against Bitcoin

January 26, 2021 | By | Reply | 5 Readers More
Goldman Sachs CEO Issues Warning Against Bitcoin

Goldman Sachs senior chairman, Lloyd Blankfein, stated that regulators should be concerned about the recent Bitcoin rally Yesterday, the CEO of Goldman Sachs argued that Bitcoin presents an obstacle to financial regulators looking to monitor the sector. He explained that regulatory bodies might soon be incapable of managing the finance sector if they allow the […]

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Reason For Bitcoin’s Dump? Miners Realize Profits Since BTC Hit $42K

January 26, 2021 | By | Reply | 6 Readers More
Reason For Bitcoin’s Dump? Miners Realize Profits Since BTC Hit $42K

Bitcoin has been in somewhat of a slump over the past few days as the price doesn’t seem to be able to kick-off and reclaim the previous highs. One possible reason for this could be the fact that bitcoin miners have been realizing profits since the price hit its all-time high at $42,000, according to […]

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Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen

January 26, 2021 | By | Reply | 12 Readers More
Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen

Alibaba boss Jack Ma. Source: a video screenshot, Youtube, Viva Technology What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Group – could well be back on at some point in the future, the nation’s central bank […]

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Bitcoin Bull Chamath Palihapitiya Running for California Governor

January 26, 2021 | By | Reply | 9 Readers More
Bitcoin Bull Chamath Palihapitiya Running for California Governor

Chamath Palihapitiya, the CEO and founder of Social Capital, will be running for the seat of the next Governor of California. He is a well-known Bitcoin bull and proponent who’s outlined on multiple occasions that BTC is an important part of everyone’s investment portfolio. Running for California Governor Chamath Palihapitiya confirmed today that he will […]

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Bitcoin Price Analysis: Another Retest, Will Support Break and Push BTC Back To $26,000?

January 26, 2021 | By | Reply | 12 Readers More
Bitcoin Price Analysis: Another Retest, Will Support Break and Push BTC Back To $26,000?

Another Black Monday: Bitcoin dropped by a steep 9% after failing to overcome resistance at $34K – $35. As of writing these lines, the drop recorded a daily low at $31,130 earlier this morning, according to Bitstamp. This doesn’t happen for the first time – the primary cryptocurrency found support, provided by a short-term rising […]

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Goldman Sachs’ Senior Chairman Questions Bitcoin as a Store of Value

January 26, 2021 | By | Reply | 14 Readers More
Goldman Sachs’ Senior Chairman Questions Bitcoin as a Store of Value

Goldman Sachs’ senior chairman Lloyd Blankfein urged regulators to up their game in accordance with bitcoin’s recent success. Additionally, he admitted that BTC could work, but it needs to address several problems before receiving mass adoption as a medium of exchange or a store of value. BTC’s Challenges Ahead As the primary cryptocurrency added over […]

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Bank of England: Current Cryptocurrencies are Unlikely to Last

January 26, 2021 | By | Reply | 12 Readers More
Bank of England: Current Cryptocurrencies are Unlikely to Last

The current frenzy in the crypto sphere has instigated arguments surrounding bitcoin’s capacity to replace fiat currency, and notable individuals in the conventional banking sector have recently expressed their opinions on the subject. Central Bank executives Weigh in on the Future of Crypto About two weeks ago, the president of the European Central Bank, Christine […]

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Rothschild Investment Corporation Increases Its Bitcoin (GBTC) Holdings to $1 Million

January 26, 2021 | By | Reply | 14 Readers More
Rothschild Investment Corporation Increases Its Bitcoin (GBTC) Holdings to $1 Million

The Chicago-based company has increased its position to GBTC by about 24% from October to late December, according to a recent filing with the US Securities and Exchange Commission. The financial institution now owns 30,454 GBTC shares. Founded in 1908 in Chicago, Rothschild Investment Corporation is a registered financial brokerage, dealer, and a member of […]

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