• BTC Rally Stalls Elon Musk
    Alt coins,  Bitcoin,  Ethereum,  Markets Report,  People,  Uncategorized

    Markets Report: BTC rally stalls as Elon Musk removes Bitcoin from Twitter bio

    A fresh publicity campaign for Dogecoin by Musk sees wild upside take hold as Bitcoiners pin hopes on MicroStrategy’s evangelism

    Bitcoin saw mixed progress on February 4 as a push towards $40,000 combined with yet more controversy over Elon Musk. In the event, growth stalled as the world’s richest man returned to Twitter to boost the fortunes of Dogecoin—and remove “#Bitcoin” from his biography.

  • Bitcoin,  People,  Uncategorized

    ‘Bitcoin is better at being gold than gold’: SkyBridge Capital’s Scaramucci

    Wall Street Star Anthony Scaramucci also said that if the new digital gold’s market cap reaches just half of old yellow gold’s—about $5 trillion—BTC’s value would increase tenfold

    Scaramucci is the latest traditional finance heavyweight to join the ranks of open Bitcoin proponents. As Modern Consensus reported in mid-December, the participation of institutional investors and big-name investors is the main reason why many believe this Bitcoin bull run to be different from the previous ones.

  • Uncategorized

    Uphold CEO: SEC’s Ripple lawsuit costing ‘completely innocent folks’ billions

    With non-Ripple XRP holders down $10 billion, the Securities and Exchange Commission is doing more damage to small investors than it is to the company, said Uphold CEO J.P. Thieriot

    While all but one of the major U.S.-based cryptocurrency exchanges—Kraken, which has maintained radio silence—responded to the enforcement action by suspending or delisting XRP, the CEO of one trading platform has come out to say he will keep XRP on the books while Ripple fights the lawsuit.

  • Three Arrows $1.24B Grayscale Bitcoin Trust
    Uncategorized

    Three Arrows Capital has $1.24B in Grayscale Bitcoin Trust shares

    The Singapore-based investment firm is the biggest holder of Grayscale’s bitcoin fund shares, with shares worth the equivalent of 36,969 BTC

    Grayscale Bitcoin Trust is the world’s biggest Bitcoin fund, which it says worth $19.1 billion as of Jan. 4. Grayscale saw rapid growth this year, and in September was once even reported to be buying $200 million worth of Bitcoin in three days.