An Ode And Forthcoming Obituary To Bitcoin’s Four-Year Cycle
A reflection on Bitcoin’s four-year market cycle—and how a healthy block space market will eventually kill it for its own good. Dilution-proof, April 28, 2021 On January 3, 2009, Satoshi…
As Fed Commits To Holding Interest Rates At 0%, More Investors Will Turn To Bitcoin
The Federal Reserve has committed to keeping the fund rate at zero or near zero, maintaining the bull case for bitcoin. During today's Federal Open Market Committee (FOMC) press conference,…
U.S. Government Sells 9.45 BTC At Significant Market Discount
Surprisingly, 9.45 BTC auctioned off by a U.S. government agency was purchased at a market discount. The U.S. government sold 9.45 BTC during a four-day auction that closed earlier this…
Alleged Bitcoin Fog Operator Arrested for Money Laundering, Admin Accused of Mixing 1.2 Million BTC
U.S. law enforcement arrested the alleged operator of Bitcoin Fog, Roman Sterlingov in Los Angeles on Tuesday. Documents show Sterlingov is accused of laundering over 1.2 million bitcoin via the…
Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’
Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future…
Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time…
Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows
Tesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5…
