Dogecoin (DOGE) has surpassed Bitcoin (BTC) in the global public interest for the first time, according to internet search statistics. According to Google Trends, the value assigned to each cryptocurrency. For the week of May 2–8 is 56/100 for DOGE and 48/100 for BTC. As shown in the graph below, search interest in DOGE has […]
Although Dogecoin (DOGE) is soaring and Bitcoin (BTC) is stumbling, one analyst believes the DOGE bubble will burst this week. Lowstrife, a popular Twitter account, highlighted similarities between Dogecoin and XRP among warning signs that “the end” is near in a series of tweets on May 4. “Final push DOGE/USD has been steadily rising this […]
Betterment, a major financial advisory firm that offers robo-advice and cash management services, has yet to decide whether to add cryptocurrencies to its platform. Betterment CEO Sarah Levy stated that the company is still investigating the possibility of expanding its services to include digital assets such as Bitcoin (BTC). “We’re believers that if we can […]
Despite his company, Tesla making profits from its recent Bitcoin purchases, billionaire entrepreneur Elon Musk has taken to Twitter to reassure the crypto community that he has not sold any of his personal BTC stashes. Musk’s remarks came in response to comedian Dave Portnoy’s claims that the Tesla CEO profited from a Bitcoin pump and […]
With encouraging remarks from Li Bo, the new deputy governor of the People’s Bank of China, China may be softening its stance on cryptoassets, almost four years after enacting a crackdown on bitcoin (BTC), altcoins, and crypto exchanges (PBoC). Several media outlets, including CNBC and the South China Morning Post, quoted Li Bo as saying […]
According to a memorandum released by the US Internal Revenue Service, Bitcoin cash (BCH) received. After the Bitcoin (BTC) hard fork in 2017 is taxable gross income (IRS). According to Law360.com, the IRS claims that the document, dated March 22, cannot be used as precedent because it was written in response to a request for […]
Nigeria’s central bank governor, Godwin Emefiele, has reportedly clarified the bank’s position on the use of cryptocurrencies in the country. Which had previously prohibited banks from servicing crypto exchanges. According to local news outlet TodayNG, CBN deputy governor Adamu Lamtek said on behalf of Emefiele. That the bank had not banned Nigerian residents from buying, […]
Despite the fact that the top publicly traded Bitcoin mining companies are losing money, their stock prices have outperformed BTC over the last year. Leeor Shimron, Fundstrat’s vice president of digital asset strategy, spoke on CNBC about his research into the market performance of the four largest publicly traded mining companies — Marathon Digital Holdings, […]
As bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches, Chinese media outlets are reporting a sharp increase in bogus crypto, blockchain, and digital yuan-related schemes in the country. According to reports from JRJ and the National Business Daily, unsuspecting investors are putting up as much as USD […]
Relationships have reportedly been strained as a result of cryptocurrency investments, leading to breakups and even divorce. According to a February 2015 Reddit post, a then 28-year-old woman using a disposable account claimed that she was furious with her husband because he had not stopped buying Bitcoin (BTC) without consulting her since 2013. She estimated […]