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Despite the panic last week over Tesla announcing that it sold 75% of its Bitcoin, the company reports holding $222 million worth of “digital assets” on its balance sheet as of the end of June. The new details were in the company’s quarterly report, which it filed with the U.S. Securities and Exchange Commission on […]

It has been an absolutely brutal year for investors in bitcoin and other cryptocurrencies. Those who use TD Ameritrade as their bots, were also burned. Bitcoin has lost more than half its value in 2022. Now hovering around $23,000, the price of a single bitcoin has plunged more than 65% below last year’s all-time high […]

Bitcoin’s four-day winning streak snapped on Sunday with the largest cryptocurrency tumbling below $21,000. Even investors that use eToro were not spared from the burn. Bitcoin was recently trading at about $20,800, down more than a percentage point over the past 24 hours. However, it is still higher than it stood before starting its mini-rally […]

Crypto company, Celsius, recently famed for pausing withdrawals has now filed for chapter 11 bankruptcy protection. They have now become the second Crypto company to file for bankruptcy. The first being Voyager who filed for chapter 15 bankruptcy protection about a week ago. In a statement on wednesday, Celsius said that it is looking to […]

Bitcoin is more likely to tumble to $10,000. This means that its value is likely to be cut in half, rather than to rally back to $30,000, according to 60% of the 950 investors who responded to the latest MLIV Pulse survey.  Forty percent saw it going the other way. Bitcoin fell 2.4% to $20,474 […]

Although some recovery was made on Tuesday, the crypto world still bleeds. The market is currently struggling to attract new investors. Consequently, in the last 24 hours, the global cryptocurrency market cap decreased to $905 billion, falling 0.61% over the day while Bitcoin traded near $20,000.  The global crypto market volume over the last 24 […]

The monetary authority in Moscow is now ready to back the legalization of bitcoin and crypto mining under one condition. This implies that Russian miners are obliged to sell the coins obtained, outside the country. That’s according to a recent statement by Kirill Pronin, head of Bank of Russia’s Financial Technologies Department. The central bank […]

Embattled cryptocurrency exchange CoinFlex will probably not let customers withdraw money again on Thursday as it originally planned. According to CEO Mark Lamb on Wednesday. “We will need more time. And it’s unlikely that withdrawals will be re-enabled tomorrow,” However, CoinFlex is in talks with several large funds. Especially those interested in buying the $47 […]

What started this year in crypto markets – especially Bitcoin – as a “risk-off” bout of selling fueled by a Federal Reserve suddenly determined to rein in excesses has exposed a web of interconnectedness that looks a little like the tangle of derivatives that brought down the global financial system in 2008.  The Collapse Of […]