Investment

Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday

March 19, 2023 Bitcoin.com

asset

Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency […]

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Canadian court orders $1.2M Bitcoin loan repayment

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

March 18, 2023 Bitcoin.com

asset allocation

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time […]

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Canadian court orders $1.2M Bitcoin loan repayment

Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos

March 18, 2023 Bitcoin.com

Bank Bailouts

Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their data,” and he insists that the central bank needs to drop the federal […]

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Canadian court orders $1.2M Bitcoin loan repayment

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

March 15, 2023 Bitcoin.com

12th largest

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value, […]

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Canadian court orders $1.2M Bitcoin loan repayment

Spain Prepares to Expand Offer of Gold Bullion Coins for Investors

March 14, 2023 Bitcoin.com

bitcoin.com

The government of Spain has approved the resources for a new issuance of gold bullion coins, which will be directed to satisfy a higher estimated demand for these instruments. The Spanish National Coin Factory will purchase 40 million euros in high-quality gold pieces for this batch, a significantly higher amount of gold compared to the […]

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Canadian court orders $1.2M Bitcoin loan repayment

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles

March 10, 2023 Bitcoin.com

Assets

Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation caused SBNY shares to sink on Friday, dropping more than 13% as […]

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Canadian court orders $1.2M Bitcoin loan repayment

New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

March 9, 2023 Bitcoin.com

Bitcoin

On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets, despite the exchange not being registered in the […]

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Canadian court orders $1.2M Bitcoin loan repayment

Fraudsters Offer Russians Bogus Chance to Invest in Fake ‘State Cryptocurrency’

March 9, 2023 Bitcoin.com

bitcoin.com

Internet users in Russia have been targeted in an email campaign advertising the launch of an alleged cryptocurrency issued by the state. Potential victims are encouraged to follow a link to the website of the fraudulent investment scheme, security experts said. Thousands of Investment Offers Entice Russians to Put Money Into Non-Existent Cryptocurrency Fraudsters have […]

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Canadian court orders $1.2M Bitcoin loan repayment

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

March 5, 2023 Bitcoin.com

2023

Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash, while the People’s Bank of […]

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Canadian court orders $1.2M Bitcoin loan repayment

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

March 5, 2023 Bitcoin.com

Bitcoin

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to […]

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Canadian court orders $1.2M Bitcoin loan repayment