Author: Cointelegraph By Brayden Lindrea

Bitcoin Investing Made Simple!

Bitcoin at $100K: How the media’s perception has shifted since 2009

Mainstream media has attacked everything from Bitcoin’s creator, Satoshi Nakamoto, to Bitcoin’s volatility and high-energy consumption. Source link

BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin

BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021. Source link

Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell

US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar. Source link

Russia sentences Hydra market founder to life in prison

Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer. Source link

House lawmakers propose studies on AI in financial services, housing

AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress. Source link

Musk again asks to block OpenAI’s ‘illegal’ conversion to for-profit model

Elon Musk also claimed OpenAI had engaged in “predatory practices” through its partnership with Microsoft, together owning nearly 70% of the generative AI market. Source link

Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss

United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said. Source link

Ethereum ETFs blitz Bitcoin ETFs over last 4 trading days amid ETH rally

Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs. Source link

Buying Bitcoin in 2013 was like buying ‘gold in 1000 BC’ — Pantera CEO

Pantera is now up more than 130,000% from its first Bitcoin purchase back in July 2013. Source link

Trump eyes handing CFTC oversight of crypto: Report

Donald Trump’s team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC. Source link