Latest News

Bitcoin Investing Made Simple!

SkyBridge Capital’s Anthony Scaramucci expects a pro-crypto presidential candidacy

Anthony Scaramucci, the founder of the hedge fund SkyBridge Capital, thinks that the next United States presidential candidate will likely be pro-cryptocurrency, given that the U.S. Securities and Exchange Commission (SEC) recently announced the approval of a fourth Bitcoin (BTC) futures exchange-traded fund (ETF). During an interview at SALT’s Crypto Bahamas conference, Scaramucci told Cointelegraph…
Read more

Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy

Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves. The raise allowed LFG to acquire 37,863 BTC via over-the-counter swaps with broker Genesis Trading and an additional purchase from Three Arrows Capital, a leading crypto venture capital…
Read more

Argo Blockchain facility in West Texas expects to start mining Bitcoin in May

Crypto mining company Argo Blockchain’s plans to open a data center in West Texas are likely nearing completion following an inauguration ceremony. In a Thursday announcement on Twitter, Argo said it expects to begin mining operations at its Helios facility in Dickens County, Texas starting next week. The announcement came more than a year after…
Read more

Bitcoin falls toward $38K as stocks abandon Fed ‘reactionary rally’

Bitcoin (BTC) lost almost $1,000 in the first hour of Wall Street trading on May 5 as a brief rally ended in disappointment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Nasdaq drops 4% on post-Fed open Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it returned to $38,130 on Bitstamp almost 24 hours after…
Read more

A third of Brits have bought crypto, says Coinbase report

Bitcoin (BTC) number go up technology is boosting crypto adoption in the United Kingdom. More and more Brits are buying cryptocurrency according to a Coinbase research piece carried out by Qualtrics. The key takeaways indicate that 33% of British people own crypto, up from 29% in October 2021. Plus, over half, or 61%, of those surveyed intend…
Read more

Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two Senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC) in 401(k) accounts. Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota expressed concerns over Fidelity’s decision to add BTC to its 401(k) investment plan in…
Read more

Binance commits $500M to co-invest in Twitter with Elon Musk

Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission. On May 5, Musk filed an amended general statement of the acquisition, announcing that Twitter received an aggregate of about $7.2 billion in new financing commitments in connection with…
Read more

Bitcoin celebrates halfway to the halving with new hash rate record

Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving.  In Block number 735,000, mined at approximately 10:29 UTC, Bitcoin crossed the halfway point to the next halving. The block was mined by Poolin, earning 0.16215354 BTC ($6,402.45) in fees.  Halvings occur every 210,00 blocks, and…
Read more

Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Bitcoin (BTC) consolidated below $40,000 on May 5 after U.S. economic policy excitement saw a  spike to one-week highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed sparks little crypto reaction Data from Cointelegraph Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and Chair Jerome Powell.…
Read more

Opera browser enables direct access to BNB Chain-based DApp ecosystem

Crypto-friendly browser Opera integrated BNB Chain, a decentralized blockchain ecosystem formerly known as Binance Smart Chain, to enable BNB Chain-based decentralized apps (DApps) on Android, iOS and desktop versions of its Crypto Browser. The integration will enable Opera’s 350 million users to purchase the BNB (Build N Build) token with fiat and send and receive…
Read more