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Anthony Scaramucci says more companies should hold bitcoin in their balance sheet since the explosion in US money supply is a "silent tax on American savers"

"A responsible CFO or responsible treasurer will have to think about other assets to hold as a potential store of value for their companies," he said. Hollis Johnson/Business Insider Anthon.....»»

Category: worldSource: nytMar 23rd, 2021

$40 billion of new stimulus money could go to bitcoin and stocks, Mizuho says

About 10%, or $40 billion, of the $380 billion in direct stimulus.....»»

Category: worldSource: nytMar 15th, 2021

Billionaire investor Mike Novogratz says bitcoin will be like a report card that measures how the government is handling citizens" finances

"We're in uncharted territories in how much money we're printing and bitcoin is a report card on .....»»

Category: topSource: businessinsiderMar 15th, 2021

The son of "gold bug" and bitcoin critic Peter Schiff moved 100% of his portfolio into the cryptocurrency

Schiff is one of bitcoin's best-known critics, saying that it will never function as money and a permanent move down to $0 is not "inevitable." .....»»

Category: personnelSource: nytMar 11th, 2021

Bill Gates On Investing In Bitcoin: "If You Have Less Money Than Elon, You Should Probably Watch Out"

Microsoft Corp. (NASDAQ: MSFT) co-founder Bill Gates is not bullish on Bitcoin (BTC) and is cautioning others to reconsider such investments — unless they have more money than Tesla Inc. read more.....»»

Category: blogSource: benzingaFeb 23rd, 2021

Bitcoin Hits $1 Trillion Market Cap. What That Means for the Future of Money

Bitcoin hit another milestone this Friday as its total value surged to over $1 trillion for the fir.....»»

Category: blogSource: valuewalkFeb 23rd, 2021

Macleod: The Future Of Money Is Gold (Not Crypto)

Macleod: The Future Of Money Is Gold (Not Crypto) Authored by Alasdair Macleod via GoldMoney.com, This article explains why the successor money to failing fiat is gold, not cryptocurrencies. Cryptos can only act as.....»»

Category: blogSource: zerohedgeFeb 20th, 2021

Bitcoin miners raked in more than $1 billion in combined earnings last month. Here"s how they make money.

As of February 2021, miners gain 6.25 bitcoin for every new block mined - equal to about $330,475 based on current value. Bitcoin miners earned a combined $1.1 billion in January. REUTERS/Colm Fulton Bitcoin mining is the pro.....»»

Category: smallbizSource: nytFeb 20th, 2021

Elon Musk defends Tesla"s $1.5 billion bitcoin bet as safer than Dogecoin - and says it"s less dumb than holding cash

"When fiat currency has negative real interest, only a fool wouldn't look elsewhere," Musk tweeted. "Bitcoin is almost .....»»

Category: topSource: businessinsiderFeb 19th, 2021

Crazy Days For Money

Crazy Days For Money Authored by Alasdair Macleod via GoldMoney.com, This article anticipates the end of the fiat currency regime and argues why its replacement can only be gold and silver, most likely .....»»

Category: blogSource: zerohedgeFeb 13th, 2021

: How inexperienced investors are ‘playing Russian roulette’ with bitcoin, according to this analyst

Most bitcoin investors don’t have a tax-free savings account or pension, and are far more unwilling to lose money on their investment than the volatility in crypto assets would suggest they should, according to new research......»»

Category: topSource: marketwatchFeb 10th, 2021

Ethereum Surpasses Bitcoin To Become Largest Network For "Trustless" Money Settlement

According to a metric that tracks the on-chain transfer value of blockchain networks, Ethereum recently surpassed Bitcoin to become the largest network for trustless money settlement. read more.....»»

Category: blogSource: benzingaFeb 9th, 2021

Cryptos: Bitcoin’s skid rings alarm bells as money manager says retreat to $20,000 ahead

Bitcoin prices are sliding again Thursday, and the decline may be triggering some short-term bearish alarm bells with the asset already technically in a bear-market after seeing record highs earlier in January......»»

Category: topSource: marketwatchJan 21st, 2021

Bitcoin is "most crowded" trade: survey

Big-money managers say too many investors have piled into the red-hot cryptocurrency bitcoin at the start of 2021, according to a Bank of America survey conducted in January......»»

Category: topSource: foxnewsJan 20th, 2021

Suspected darknet drug dealers stand accused of hiding a huge stash of Bitcoin that"s now worth $16 million. They bought a fishing boat and a squid permit to conceal their crime, say US attorneys.

A federal judge issued a warrant for seizure of about 392 Bitcoin worth $16 million, which attorneys say were used by Darknet drug dealers Treasury officials are putting new regulations in place to curb money laund.....»»

Category: topSource: businessinsiderJan 14th, 2021

Bitcoin: Magic Internet Money

Bitcoin: Magic Internet Money By Alex Pickard, Research Affili.....»»

Category: blogSource: valuewalkJan 14th, 2021

: Bitcoin and its ‘funny business’ should be regulated globally, says European Central Bank chief

The head of the ECB called for the global regulation of bitcoin on Wednesday, saying that multilateral action was needed to stop “funny business” and money laundering......»»

Category: topSource: marketwatchJan 13th, 2021

Bitcoin"s record-shattering surge is unsustainable now that the $35,000 level has been breached, says Guggenheim"s Scott Minerd

"The target technical upside of $35,000 has been exceeded. Time to take some money off the table," Minerd said on Monday. Lucy Nicholson/Reuters Guggenheim's Scott Mi.....»»

Category: topSource: businessinsiderJan 11th, 2021

Cryptocurrency investors could "lose all their money," UK regulator warns as Bitcoin price drops from all-time high

"The complexity of some products and services relating to crypto assets can make it hard for consumers to understand the risks," the watchdog said. Dado Ruvic/Reuters People could "lose all their money" if they invest in cr.....»»

Category: topSource: businessinsiderJan 11th, 2021

Key Words: ‘Prepare to lose all your money’ — regulator’s blunt warning on bitcoin and other cryptocurrencies

The U.K.'s financial regulator on Monday issued a very blunt warning about the rise of bitcoin and other cryptocurrencies......»»

Category: topSource: marketwatchJan 11th, 2021