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Bitcoin
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers
Hackers managed to steal 16.8 bitcoin over the weekend after a fake Ledger Live app was posted on the Microsoft app store.
Bitcoin Technical Analysis: Steady Above $35K as Indicators Signal Growth Potential
Bitcoin’s stability appears to be holding as the price consolidates around $35,140, showing a modest 24-hour trading range. Despite recent fluctuations, market sentiment remains cautiously optimistic, with key technical indicators…
Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs
As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per…
Hong Kong Regulator Planning to Widen Purview of Virtual Assets Supervision
The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs…
SEC Clashes With Do Kwon and Terraform Labs in Court, Alleging ‘Clear, Undisputed’ Fraud
Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion…
Elon Musk Confirms None of His Companies Will Ever Create a Crypto Token
Tesla and Spacex CEO Elon Musk has confirmed that none of his companies will ever launch a crypto token. His clarification came after his artificial intelligence company’s name was used in a cryptocurrency, and several articles…
Berkshire Vice Chair Charlie Munger Compares Bitcoin to a ‘Stink Ball’ Among Traditional Currencies
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says he is concerned when the price of bitcoin rises. The 99-year-old compared the cryptocurrency to a “stink ball” among…
Moonstone Research Study Etches Doubts on Monero’s Privacy; Crypto Community Reacts
On September 1, 2023, hackers made off with 2,675.73 monero (XMR), worth over $3 million at the time, from the Monero CCS donation wallet in nine separate transactions. Now, blockchain analysis firm Moonstone Research has traced forward…
$15K to $45K — 6 AI Chatbots Weigh in With Conservative Bitcoin Forecasts for Year’s End
Four months ago, Bitcoin.com News engaged with six generative AI chatbots, prompting them to forecast bitcoin’s value at the close of 2023. The collective consensus of these AI systems anticipated BTC to land between $40,000 and…