London wealth manager cashes out $1B profit from $600M BTC buy in November

After profiting $1 billion in less than six months, Ruffer is open to making more Bitcoin trades in the future. Asset manager Ruffer has profited by more than $1 billion in profit from a $600 million Bitcoin investment it made during November 2020. Speaking to The Times, investment director at the London-based asset management firm, …

Two-fifths of Aussie millennials think crypto investments beat real estate

Boomers down under are worried about volatility, but millennials are filling their crypto bags. Research has revealed that one in five Australians believe that crypto is the key to homeownership as confidence in traditional savings dwindles. The survey, conducted by cryptocurrency exchange Kraken, found that an increasing number of young Australians are becoming disheartened by …

Bitcoin Price Prediction: BTC/USD Signals Fresh Increase above $36,000

Bitcoin Price Prediction – June 7 The Bitcoin price retested the $35,000 support level as it is now rising, but it must clear $37,000 and the moving averages for a steady increase. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $31,000, $29,000, $27,000 BTCUSD – Daily Chart BTC/USD …

Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance

Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of …

Bitcoin FOMO and Paul Tudor Jones Led Stan Druckenmiller to Invest Millions in BTC

Billionaire Stanley Druckenmiller has shared how he got into bitcoin and it involved famed hedge fund manager Paul Tudor Jones. When bitcoin was going up, Druckenmiller said, “I just couldn’t stand the fact that it was going up and I didn’t own it … I felt like a moron.” Paul Tudor Jones, Stan Druckenmiller, and …

Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’

The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt that there is great interest in cryptocurrency both in Norway and internationally.” Bitcoin May See Breakthroughs, Says Finance Minister of Norway The finance minister of Norway, Jan Tore Sanner, suggested in an interview last week that “cryptocurrencies …

Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment

Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they see bitcoin as their least favorite investment. In contrast, the latest Bank of America Fund Manager Survey found that “long bitcoin” was the most crowded trade. CIOs Reveal Their Most and Least Favorite Investments …

Hacktivist collective Anonymous takes aim at Elon Musk. Who cares?

The collective’s power has been waning in recent years, showing more bark than bite. It’s the classic Anonymous modus operandi: a monologue worthy of a super villain, a perceived attack on an individual right or public good, some guy in a Guy Fawkes mask, and a whole lot of fizzbang-wowie video effects and voice distortion.  …

Unsure about buying the dip? This key trading indicator makes it easier

Knowing how to spot market reversals and when to buy the dip is nearly impossible, but the RSI indicator can help. When an asset enters a bear phase and the headlines are negative, analysts project further downside, and the sentiment shifts from optimism to pure gloom and doom. This results in panic gripped traders dumping …

Clean Water Nonprofit Reveals Celebrity-Fueled Bitcoin Water Trust Initiative

On Friday, the well known nonprofit charitywater.org announced the launch of a celebrity-funded Bitcoin Water Trust initiative. The trust will be allowed to hold bitcoin donations to fund water projects worldwide until 2025. Charity Water Launches Bitcoin Water Trust A number of announcements were revealed at the Bitcoin 2021 conference in Miami and one announcement …

TimeCoin(TMCN) Combines NFT and DeFi, VTuber & Game Player Matching Service

PRESS RELEASE. TimeCoinProtocol is the decentralized sharing economy protocol which aims to optimize world resource usage. Various applications can be built and run on theTimeCoinProtocol including third party applications. The project puts a strong focus on the Gig Economy and Creator Economy. The project has issued an original crypto currency called TimeCoin(TMCN) which is listed …

National Court of Spain Suspends John McAfee Extradition Hearing

The National Court in Spain has suspended the hearing destined to deal with the extradition request that John McAfee, the well known cryptocurrency influencer, has pending for its tax-related crimes in the U.S. The entrepreneur was apprehended in October last year in the El Prat Airport where he was going to take a flight. No …

US Pharmacy Chain Pharmcorx Accepts Cryptocurrency for Fast Covid Testing

Progressive Care, a company that operates a chain of pharmacies in the United States, has announced it’s now accepting cryptocurrency for its Covid-19 rapid testing services. Customers are welcome to pay with bitcoin for the quick tests offered at its Pharmcorx locations using a dedicated QR code. Pharmacies Offer Quick Covid Tests for Bitcoin Florida-based …

Bitcoin Miami mania, Dogecoin bounces back, Eth2 woes: Hodler’s Digest, May 30–June 5

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week   Largest Bitcoin event in history kicks off in Miami Sun, …

Traders, analysts offer mixed reactions to El Salvador’s BTC announcement

While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it’s ho-hum. While it was billed as the “one of the biggest announcements in Bitcoin’s history,” the market seems to be puzzling over the landmark reveal that El Salvador’s sitting President will be submitting legislation to …

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