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This day 11 years ago, bitcoin reached parity with the U.S. dollar. Those who were fortunate, or clever, enough to buy bitcoin at $1, and managed to HODL on to it, have made a handsome profit since.
Analysis by JPMorgan and Glassnode give contradictory fair value assessments. But in both cases, the outlook is possibly bearish.
Kazakhstan is proposing that crypto mining equipments should be taxed the same way as casino machines.
Tesla recorded an impairment loss of $101 million on its Bitcoin holdings for 2021.
Nigerians have cumulatively transacted around $400 million worth of transactions among themselves.
KPMG in Canada adds both bitcoin and ether to its corporate treasury. The crypto asset allocation is a first-of-its-kind investment for the accounting and advisory company.
At the time of Cruz’s purchase, Bitcoin was trading in the $36,000 and $37,000 ballpark, down roughly 47% from its ATH.
Censorship resistant Bitcoin steps in where GoFundMe falls apart, demonstrating its utility in times of crisis.
Just like that, positive sentiment returns following a strong performance over the weekend.
