Bhutan’s Sovereign Wealth Fund Invests Millions in Bitcoin
Forbes reports that the Kingdom of Bhutan’s sovereign wealth fund is investing millions in Bitcoin, marking a significant shift towards digital assets by traditional financial institutions.
Forbes reports that the Kingdom of Bhutan’s sovereign wealth fund is investing millions in Bitcoin, marking a significant shift towards digital assets by traditional financial institutions.
A traveler using the Twitter handle MartyParty reports Bitcoin accepted by almost every establishment visited in Holland, highlighting the growing adoption of cryptocurrency.
The crypto community clapped back at the New York Times, claiming the latter published a misleading article against bitcoin mining.
MicroStrategy is finally back to profit after Bitcoin hit $30,000 after 10 months. On average, the firm purchased bitcoins for $29,803 each.
According to Santiment, BTC traders are now trading at a loss instead of profit for the first time in 5 weeks.
Do Kwon is facing charges that might sentence him to more than 140 years in prison combined in the US and South Korea.
According to Carl Runefelt, Bitcoin may reach $40,000 in the next couple of weeks if it forms the bullish megaphone pattern.
XRP is poised to challenge the $0.50 ceiling again despite failing two times. If it breaches the said level, it can go to $0.70 soon.
Two pages in the document stated that the US will be allowed to police anything that they may consider sufficient in disrupting its “digital economy.”
Bitcoin only needs a bit more in terms of trading volume to confirm its ascent back into the $28k-$28.5k range soon.
Bitcoin supporters responded to a report by the Biden admin criticizing BTC. According to them, nobody can print BTC as the US did with the dollar.
Economists are now pointing out the vulnerabilities of 186 banks similar to Silicon Valley Bank before its collapse.