Posts Tagged ‘Bitcoin’s Advance’
Governments Will Ban Bitcoin or Any Other Cryptocurrencies — Most Authorities Will Outlaw Them, Because They (Gov) Don’t Want to Lose Their Monopoly
HNewsWire: If COVID taught us anything it was that an emergency, real or faked, facilitates a lot of things that would never happen otherwise. The tyrants know this and are in the process of creating financial emergencies that will allow them to argue that there is no alternative but to implement CBDCs. The Biden Administration is…
Read More3/12/24: Bitcoin Surges Past Silver As World’s 8th Largest Asset After UK Greenlights Crypto-Backed Notes
by Tyler Durden Bitcoin soared above $72,000 for the first time in history this morning, far surpassing its historical (inflation-adjusted highs)… Source: Bloomberg “This rally comes following a weak Asian trading session in which shorts tested the conviction of longs — it appears the longs have given a rather convincing positive answer,” said Richard Galvin,…
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Silk Road–Linked Bitcoin Worth $300M Moved by U.S. Government: On-Chain Data
The U.S. government previously sold 9,861 bitcoin for $216 million in March. By Oliver Knight Jul 12, 2023 at 9:28 a.m. CDT Updated Jul 12, 2023 at 11:15 a.m. CDT U.S. government moves bitcoin (Blockchain.com) Two wallets tagged as belonging to the U.S. government and linked to the Silk Road seizure of crypto have moved…
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Bitcoin ETF Race Begins: Has Institutional Trust Returned To Crypto?
by Tyler Durden Wednesday, Jul 05, 2023 – 06:20 AM Authored by Prashant Jha via CoinTelegraph.com, Seven institutional firms have filed for a spot Bitcoin ETF in the U.S., including the world’s largest asset manager BlackRock, driving optimism and higher Bitcoin prices. With the Bitcoin halving event less than a year away, several financial giants…
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Renowned Bitcoin Hater Peter Schiff Has Once Again Cast Doubt on the Cryptocurrency’s Long-Term Sustainability
Renowned Bitcoin hater Peter Schiff has once again cast doubt on the cryptocurrency’s long-term sustainability. Schiff recently expressed skepticism regarding the recent Bitcoin rally that saw its market capitalization earlier reach an impressive $31,000. According to Schiff, the current surge in BTC price is merely a temporary thing, and he believes that “the party” will…
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