Major privacy-centric email service ProtonMail is not giving up on Bitcoin (BTC) despite the extreme volatility leading to its price to plunge to nearly $30,000 on Wednesday. ProtonMail announced Friday on Twitter that the company has continued to hold a significant amount of Bitcoin in order to help the company stay independent: “Responsible financial diversification requires holding some assets outside of the traditional government controlled banking system. That’s why Proton will continue to #HODL a significant proportion of our reserves in #Bitcoin to safeguard our independence.” By announcing the news, ProtonMail echoes moves by companies like MicroStrategy whose CEO Michael …
The billionaire who once said he prefers bananas to Bitcoin is now tossing around crypto terms on social media like an experienced HODLer. In Twitter threads that were likely precipitated by his recent comments comparing crypto to the internet stock bubble of the late 1990s, Mark Cuban interacted with several high-profile crypto figures including Gemini co-founder Tyler Winklevoss, Gokhshtein Media founder David Gokhshtein, Tron CEO Justin Sun and others. The Dallas Mavericks owner discussed the issues surrounding supply and demand, the costs of moving crypto, and decentralized finance, or DeFi. Just remember WITH DeFi, as with all derivatives, the RISK …
Three months after seemingly changing course on crypto, the outspoken host of CNBC’s Mad Money is claiming he made a well-timed Bitcoin investment on Friday. In an interview with TheStreet, Jim Cramer says he purchased Bitcoin (BTC) Friday morning when the price dipped under $18,000. The Mad Money host added he was treating the crypto asset as any other investment in a diverse portfolio. “I will buy — like I usually do — as something comes down," said Cramer. "I'll get bigger and bigger and bigger. I just think that you want to diversify into all sorts of asset classes. …
A bullish Brian Kelly of CNBC’s Fast Money said today that Bitcoin’s gains may extend to a full year after the halving — which many members of Crypto Twitter immediately took as a major sell signal. In a Nov. 12 interview on CNBC, Kelly said to host Melissa Lee that the surge of high-profile and institutional investors moving toward Bitcoin (BTC) could mean a bullish future for the cryptocurrency. Asked for a price prediction, he instead said: “There’s a lot of scope for upside. Most of the gains that come are the year after the halvening, and we’re seven months …
Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia: What do a family holiday to Japan, a 50 Cent album, a steak dinner and a framed cat photo have in common? They were all paid for with Bitcoin (BTC) by members of the Cointelegraph Bitcoin community! And just like the Bitcoin pizzas that cost 10,000 BTC, which are now worth more than $300 million, the community’s Bitcoin purchases have also skyrocketed. Benjamin de Waal, the vice president of engineering at Bitcoin exchange Swan Bitcoin, told Cointelegraph, …