Cryptocoins News / NewsBTC - 3 years ago
Bitcoin has been a part of billionaire Tim Draper’s investment portfolio for a while now. Draper had first gotten into bitcoin in 2011 when Peter Vincennes had convinced him to buy the digital asset. Draper had bought $250,000 worth of BTC, which he...
Cryptocoins News / NewsBTC - 3 years ago
Investing in Ethereum seems to be top of mind for prominent members of the finance community. The increasing use cases of the Ethereum network have brought some significant names into its camp. The latest on the list though is venture Capitalist Bill...
Bitcoin News / Bitcoin.com - 3 years ago
The Biden administration is reportedly pushing to include global crypto data sharing rules in the $3.5 trillion budget package. The Treasury wants crypto businesses to report information on foreign account holders “so that the U.S. can sha...
Cryptocoins News / The Cointelegraph - 3 years ago
Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams. U.S. Department of the Treasury will reportedly push...
Bitcoin News / Bitcoin.com - 3 years ago
According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion. Still, a large portion of the funds doesn’t seem to be...
Bitcoin News / Bitcoin.com - 3 years ago
Venture capitalist Bill Gurley has taken a personal position in ether because he “was swayed by the arguments of the ethereum crowd.” He explained that it is “the smarter way to play if you’re going to have cry...
Bitcoin News / Bitcoin.com - 3 years ago
Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to cryp...
Cryptocoins News / NewsBTC - 3 years ago
“Bitcoin is a bubble” is something that has been thrown around a lot ever since the last bull run began in 2017. A lot of prominent personalities in the finance industry took this stand when the digital asset hit its then all-time high of $19K. The b...
by COINS NEWS - 3 years ago
Billionaires used to be these magical mythical beings. Then Twitter came along. And we know now, they are just humans who have made a couple of good decisions. Never revere any single person. Much less a guy with a lot of money. He might have just be...
Cryptocoins News / The Cointelegraph - 3 years ago
The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.” In a recent interview, subprime short in...
Cryptocoins News / The Cointelegraph - 3 years ago
The uncertain language — intentional or not — of the infrastructure bill poses an existential threat to the U.S. Bitcoin mining industry. On August 10, the United Stat...
Bitcoin News / Bitcoin.com - 3 years ago
On Saturday, August 28, the non-fungible token (NFT) project Cryptopunks crossed $1 billion in all-time sales. Cryptopunks joins the heavyweight NFT hitters Axie Infinity’s $1.6 billion and Opensea’s $3.53 billion.
Three NFT Projects Ha...
by COINS NEWS - 3 years ago
New investors only hold 25% The data from the report showed that new investors had been increasing their holdings over time. As of July 2020, new investors only held9% of the total supply. But this number had risen to 25% in 2021 following the popula...