Tag: Bitcoin News

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Mark Cuban Says Crypto Is a Store of Value & Redditors Right to ‘Kick Wall St. Ass’

Mark Cuban. Source: a video screenshot, Youtube, The Filmy Shark Tank star and Dallas Mavericks supremo Mark Cuban appears to be growing increasingly bullish on all things crypto-related, claiming that “blockchain-driven assets have now legitimately become stores of value.” Adding to the mainstream narrative that while crypto appears to be unfit as a means of…
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India’s Budget Proposed Today But No Word On Banning Crypto (Yet)

India’s budgets session has started, but so far there seems to be no word on the much-discussed crypto ban. (Updated at 16:06 UTC: a new last paragraph was added.) India’s Finance Minister Nirmala Sitharaman has presented Union Budget 2021-22 today, as was confirmed by the Ministry of Finance’s website. The Ministry offers the text of…
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Elon Musk Sees ‘Broad Acceptance’ For Bitcoin

Elon Musk. Source: A video screenshot, Youtube, Bloomberg. Bitcoin (BTC) is on the verge of getting a broad acceptance by the "conventional finance people," the world’s richest person, Tesla’s Elon Musk said during an interview on Clubhouse, an invitation-only audio-chat social networking app, today. Musk said he must be careful when talking about cryptocurrencies because…
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Elon Musk Just Asked Robinhood CEO These Questions – Here Are His Answers

The Robinhood CEO Vlad Tenev has been grilled by the hottest name in crypto – the world’s richest man and Tesla supremo Elon Musk. In a livestream on the Clubhouse app, Musk was given the chance to ask a series of questions to Tenev, Robinhood’s under-fire boss. Musk wasted no time getting straight to the…
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Bitcoin, Ethereum, and Altcoins Consolidate While XRP Pumps

Bitcoin price seems to be facing a strong resistance near the USD 34,000 and USD 35,000 levels. BTC is currently (05:00 UTC) trading well below USD 34,000, but holding a few important supports near USD 32,500 and USD 32,200. As long as there is no daily close below USD 32,000, there are chances of a…
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Bitcoin subreddit hits 2M subscribers following GameStop controversy

More than 200,000 Redditors joined the page last week. One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the time…
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Crypto Exchanges Break Under Heavy Traffic Showing Need For ‘Wider On-Ramps’

Major crypto exchanges once again experienced multiple technical issues today as bitcoin (BTC) trading volume almost doubled today, surpassing USD 95bn, and dogecoin (DOGE) rallied in triple digits. According to the most recent announcements: Coinbase and Coinbase Pro said (17:09 UTC) that "due to a technical issue, we are experiencing degraded service where some trades…
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MicroStrategy to Buy More Bitcoin, Crypto Adoption Signs, Zero-Fee Trading + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news US-based business intelligence company MicroStrategy CEO Michael Saylor said the company will keep buying bitcoin (BTC), telling investors the team will "explore various approaches" for  Read more »Pay, Trade, Buy Bitcoin…
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Robinhood Now Limits Crypto Trading Too

Popular trading app Robinhood confirmed that it is now limiting crypto trading due to "extraordinary market conditions." "Due to extraordinary market conditions, we’ve temporarily turned off Instant buying power for crypto. Customers can still use settled funds to buy crypto," Robinhood spokesperson told CNBC, adding that they’ll "keep  Read more »Pay, Trade, Buy Bitcoin with…
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World’s Richest Person, Tesla’s Elon Musk Sends Bitcoin Sign, BTC Up 11%

Elon Musk’s Twitter profile today. Tesla mastermind Elon Musk has sent the crypto world into a fresh frenzy with his latest Twitter activity – adding bitcoin (BTC) to his profile, and making a comment that scores of dogecoin (DOGE) advocates have taken as a ringing approval of the token. But it seems it was about…
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