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Charlie Munger Compared Bitcoin to Gold But He Won’t Buy Either

February 25, 2021 , , , , , , , , , , Eddy 0

Charlie Munger, the longtime Warren Buffett partner, Vice Chairman of Berkshire Hathaway, and BTC critique, has lashed out against the cryptocurrency once again. During a recent interview, the executive dismissed bitcoin’s chances of becoming a medium of exchange but made a rather compelling comparison with gold. Munger Blasts BTC’s Price Fluctuations The 97-year-old billionaire investor […]

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Coinbase Targets Direct Nasdaq Listing of its Class A Common Stock

February 25, 2021 , , , , Eddy 0

After the confidential submission of a draft registration statement to become a publicly-traded company announced last year, Coinbase has taken a major step to be listed on the giant US stock exchange – Nasdaq. CryptoPotato reported earlier that Coinbase had submitted a confidential draft registration statement to the US Securities and Exchange Commission (SEC) to […]

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Someone Just Moved 100 Bitcoins Now Worth $5M That Only Cost $8 in 2010

February 25, 2021 , , , , , , , , Eddy 0

Early bitcoin adopter has moved 100 BTC for the first time after mining the coins over ten years ago. Within this time, the value of the tokens has exploded more than 600,000 times to about $5 million. Interestingly, further data revealed that similar OG miners had moved substantial chunks of BTC to exchanges at times […]

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GME Stock Price Soars 110% Days After Keith ‘Roaring Kitty’ Reveals $5.5M Position

February 25, 2021 , , , , Eddy 0

GameStop has undoubtedly become the most widely discussed company in 2021 following the Wall Street Bets fiasco that catapulted its price to all-time highs far beyond the wildest imaginations. The action on the stock had since cooled down a bit as WSB lost some steam, but in the past few days, it’s on again as […]

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Bitcoin Drops Below $50K, Major Altcoins in Red: Market Watch

February 25, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240. Bitcoin Drops Below $50,000 Again The past several days didn’t go well for the bitcoin bulls as the […]

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What is Dogecoin (DOGE)? 5 Facts About the Crypto That Started as a Joke 

February 24, 2021 , , , , , , Eddy 0

Dogecoin has been around since late 2013, starting as a joke initially. The coin has been designed to be a satirical homage to Bitcoin. Besides being a joke and meme coin, Dogecoin wasn’t intended to serve any other purpose. Yet, you can use it to transfer value. 5 Interesting Facts About Dogecoin Here’s a list […]

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Former London Stock Exchange Group CEO Urges UK Government to Explore Cryptocurrencies

February 24, 2021 , , , , , Eddy 0

The former CEO of the London Stock Exchange Group, Xavier Rolet, has advised the UK government to look into cryptocurrencies and SPACs to minimize the adverse impact of Brexit. In a recent report, Rolet claimed that the UK has trailed behind other countries in both aspects. The UK Should Turn To Crypto And SPACs? Born […]

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MicroStrategy Completes Another $1 Billion Bitcoin Buy

February 24, 2021 , , , , , , , , , Eddy 0

MicroStrategy, the company, spearheaded by one of Bitcoin’s biggest proponents, MicroStrategy, has just confirmed the purchase of another 19,452 BTC. In an announcement published today, February 24th, MicroStrategy, the largest independent publicly-traded business intelligence company, has revealed the purchase of 19,452 bitcoins. The company paid approximately $1,026 billion in cash for the BTC. The average […]

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Cryptocurrencies Are a Major Concern Says RBI Governor as India Contemplates Crypto Ban

February 24, 2021 , , , , Eddy 0

The Reserve Bank of India’s issues with the cryptocurrency space continue as the nation’s central bank has expressed “major concerns” about its development and potential impact on the country’s economy. Simultaneously, though, bank representatives have confirmed that the world’s second most populated country is looking into launching a digital rupee. Crypto is a Major Concern, […]

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The Calm After the Storm: Bitcoin Price Reclaims $50K Following the Sharp Correction (Market Watch)

February 24, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Following another day of enhanced volatility, BTC has reclaimed some of its recently lost value and currently trades around the $50,000 mark. Most alternative coins have also taken a breather, and the market cap has recovered more than $130 billion since yesterday’s low. Bitcoin Eyes $50K Again It’s safe to say that BTC has seen […]

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