When Canadian developer Peter Todd found out that a new HBO documentary, Money Electric: The Bitcoin Mystery, was set to identify him as Satoshi Nakamoto, the creator of bitcoin, he was mostly just pissed. “This was clearly going to be a circus,” Todd told WIRED in an email. The identity of the person—or people—who created […]
Cryptocurrency
Tesla reveals it didn’t sell any Bitcoin holdings in Q3
Tesla reported its Q3 2024 earnings on Oct. 23, revealing that the company has not sold any of the $184,000,000 in digital asset investments during the quarter and has not sold any crypto for five consecutive business quarters. According to the automotive company’s financial statements, revenue for Q3 was north of $25.18 billion — slightly […]
Standard Chartered predicts Bitcoin surge to $125K with Trump win
Bitcoin could be worth $125,000 by the end of the year if members of the Republican Party dominate the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick has predicted. As speculation about the US elections and Bitcoin BTC$67,754 prices approaches a frenzy, Kendrick shows himself to be bullish on the Republicans. […]
Crypto is getting hammered today and Bitcoin has dropped to $65,000
The cryptocurrency market is experiencing a downturn, closely mirroring the decline in the stock market. On Wednesday, Bitcoin saw a significant drop of over 2.5% in the past 24 hours, with its price hovering around $65,000. This decline has dashed hopes of breaking the $70,000 threshold, which had gained traction just a week prior. The […]
Bitcoin forecast to hit $200K by end of 2025: Bernstein
The price of Bitcoin BTC$67,237 could go as high as $200,000 by the end of 2025 as the cryptocurrency enters “a new institutional era,” according to an Oct. 22 report by Bernstein Research. Bernstein’s 160-page “Black Book” makes the case for why Bitcoin miners will continue to consolidate the industry, Matthew Sigel, VanEck’s head of digital […]
BRICS leaders push Bitcoin to bypass Western sanctions as Putin calls for alternatives
BRICS lawmakers advocate for Russian miners to sell their Bitcoin to international buyers, allowing countries to use Bitcoin and other crypto assets for imports, according to a Bloomberg terminal report shared by Matthew Siegel, the head of digital assets at VanEck. Sanctions have significantly impacted Russia’s economy, but the emergence of crypto offers an alternative […]
A Spoonful of Bitcoin: How Mary Poppins Awakens Us to Financial Sovereignty
In the heart of London, amidst the smog and the burgeoning industrial age, a story unfolds that is as relevant today as it was over half a century ago. Mary Poppins, a tale woven with magic, whimsy, and a touch of surrealism, unexpectedly serves as the perfect allegory for the financial liberation movement epitomized by […]
Peter Todd forced into hiding after HBO doc claims he invented Bitcoin
Canadian cryptographer and computer scientist Peter Todd says he’s been forced into hiding for fear of his safety after an HBO documentary supposedly outed him as the inventor of Bitcoin BTC$66,956. The film, dubbed “Money Electric: The Bitcoin Mystery,” aired on Oct. 9 and was purported to finally reveal the mystery surrounding the true identity of […]
Bitcoin price needs new high above $69K ‘mid week’ as US dollar surges
Bitcoin BTC$66,961 kept up pressure on support on Oct. 22 as analysis demanded a new high within days. BTC/USD 1-hour chart. Source: TradingView BTC price grills support for second day Data from Cointelegraph Markets Pro and TradingView captured choppy BTC price conditions around the latest Wall Street open. Gyrating around $67,000, BTC/USD failed to regain bullish momentum after dropping 3% in […]
Bitcoin Price Forecast: Bulls sets sight on all-time high
Bitcoin (BTC) eases slightly on Monday, trading at around $68,400, after a 9.8% rally last week which was bolstered by a $2.13 billion inflow into the US spot Exchange Traded Funds (ETFs). On-chain data further supports a bullish outlook as Bitcoin’s open interest has reached an all-time high (ATH) of over $40 billion and amid […]