Tag: Cryptocurrency

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Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure

US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
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Bitcoin Price Drops Below $59K with $230M Crypto Liquidations

Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....
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Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days

Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...
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X Drops Bitcoin Emoji During Bitcoin Conference, Surprising Community

Social media platform X, previously known as Twitter, has surprised the crypto community by seemingly discontinuing its support for the Bitcoin emoji, also known as a hashmoji or hashflag. When users type #bitcoin on...
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MBRL Stablecoin: Mercado Bitcoin Launches Brazilian Real Pegged Token on TRON Blockchain

Mercado Bitcoin, the largest digital asset platform in Latin America, has introduced the MBRL stablecoin on the TRON blockchain. This stablecoin is pegged to the Brazilian Real, offering a unique combination of the stability...
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German Government Sells Majority of Bitcoin Holdings, Retains $890M

In recent weeks, the German government has been actively selling off a significant amount of Bitcoin (BTC), leading to increased selling pressure on the cryptocurrency market. This move has caused Bitcoin to drop by...
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Limited Impact Expected from Mt. Gox Bitcoin Distribution During Market Slide

Following the recent announcement regarding the distribution of over 140,000 Bitcoin (BTC) from the defunct Mt. Gox exchange, the cryptocurrency market experienced a significant decline. Bitcoin fell below key support levels, causing concern among...
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Corrupt U.S. Senator Convicted of Bribery After Criticizing Bitcoin

U.S. Senator Bob Menendez, a Democrat from New Jersey, was recently convicted of accepting bribes as a foreign agent. This news came as a shock to many, especially in the crypto community, as Menendez...
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The Risks of Investing in Meme Coins: Dave Portnoy’s Warning

The Barstool founder, Dave Portnoy, spilled the tea about the wild world of meme coins during a chill chat with Bullish CEO Tom Farley. The convo went down on May 15, 2025, at Consensus...
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Core Scientific’s Stock Jumps 18% with $2 Billion CoreWeave Deal

Core Scientific, a Bitcoin mining company, recently announced a significant deal with CoreWeave that will see an expansion of its high-performance computing (HPC) infrastructure. This agreement will allow CoreWeave to finance modifications to Core...