Bitcoin Analyst News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Articles by Sam Callahan

Elon Musk Dons a Bitcoin Mining Hat, and Fed Downplays Inflation Risk On 5/25/21 at 2:07 PM EDT Bitcoin seems to have pulled out of its steep nosedive, and behold! The Oracle of SpaceX may be preparing to give his blessing to Bitcoin mining. Bitcoin plunged below $32,000 Sunday following Elon Musk's announcement that Tesla wouldn't accept the cryptocurrency as payment for its electric cars. Then, in a tweet that many misinterpreted, Musk appeared to say that Tesla had sold some of its Bitcoin holdings. It hadn't. Earlier, Musk's announcement that Tesla had invested $1.5 billion in Bitcoin sen...

The price of gold has risen as Bitcoin's value has plunged, and the economic recovery from the pandemic is threatened by indications of impending inflation.

U.S. Unlikely to Join Other Nations in Banning Bitcoin On 4/27/21 at 1:28 PM EDT Although some countries, including India, are considering banning Bitcoin, an outright ban in the United States is unlikely. Wall Street has embraced Bitcoin as an asset class, and derivatives are traded on the Chicago Mercantile Exchange. Any clampdown is likely to be wrapped in lofty language about protecting the public from scams as well as criminal and terrorist activity, and it would likely have to be accomplished by making it difficult to convert Bitcoin and other cryptocurrencies to dollars. But faced with...

Bitcoin's Record-Setting Price 'Inevitable,' Analyst Says On 3/15/21 at 3:29 PM EDT Newsweek. Bitcoin reached $61,556.59 this weekend, eclipsing its previous high of $58,356. "If you're looking for one word, it would be 'inevitable!'" Jason Deane, analyst at Quantum Economics, in London, told Newsweek. Jason Deane, Bitcoin Analyst, Quantum Economics, London (Photo Provided) "It's clear from Michael Saylor's and Grayscale's continuing acquisitions, new institutions entering the space on a daily basis and ongoing interest from the retail sector that demand continues to outstrip supply," he sa...