US presidential candidate Vivek Ramaswamy to accept Bitcoin for campaign donations

Vivek Ramaswamy becomes the second 2024 presidential candidate in the United States to officially accept Bitcoin (BTC) donations for his campaign. The revelation came just two days after Robert F. Kennedy Jr. became the first presidential candidates in U.S. history to accept campaign donations in Bitcoin.

Continue ReadingUS presidential candidate Vivek Ramaswamy to accept Bitcoin for campaign donations

Wife finds husband’s Bitcoin stash amid divorce proceedings

A New York couple's divorce proceedings took a turn after a forensic accountant helped track down the husband's 12 Bitcoin (BTC) stash. The man's wife suspected that her husband did not reveal all his assets, which would get split between the two following their divorce. Having no clue about the Bitcoin investment, she stated: "It was definitely a shock"

Continue ReadingWife finds husband’s Bitcoin stash amid divorce proceedings

Bitcoin, Ethereum bears are back in control, 2 derivatives metrics suggest

A bearish market structure has been pressuring cryptocurrencies’ prices for the past six weeks. According to two derivatives metrics, crypto bulls will have a hard time to break the downtrend. The descending wedge formation initiated in mid-April could last until July, indicating an eventual break to the upside would require an extra effort from the bulls.

Continue ReadingBitcoin, Ethereum bears are back in control, 2 derivatives metrics suggest

Gemini considers forbearance after DCG defaults on a $630M payment

cryptocurrency exchange Gemini is considering a forbearance option against the Digital Currency Group. Gemini missed a $630 million repayment last week. The Gemini-DCG repayment saga originated after Genesis filed for Chapter 11 bankruptcy on Jan. 19. Gemini co-founder Cameron Winklevoss threatened to sue DCG and its CEO Barry Silbert over a $900 million loan repayment.

Continue ReadingGemini considers forbearance after DCG defaults on a $630M payment

The US Treasury is running out of cash — Trouble ahead for Bitcoin?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel. The show focuses on the cause and effect of traditional financial events on day-to-day crypto activity. The latest Macro Markets show discusses the impact of the U.S. debt crisis as the government quickly runs out of money. A billionaire’s investor alert for an incoming economic bubble burst.

Continue ReadingThe US Treasury is running out of cash — Trouble ahead for Bitcoin?

Bitcoin Pizza Day 2023: Community celebrates anniversary of first known BTC transaction

On May 22, 2010, Laszlo Hanyecz made the first documented purchase of a good with BTC. The exchange involved 10,000 BTC — worth $41 at the time — and two pizzas from a local restaurant in Florida. The milestone turned into an annual celebration for the crypto space.

Continue ReadingBitcoin Pizza Day 2023: Community celebrates anniversary of first known BTC transaction

13 years after first Bitcoin purchase, layer-2 solutions struggle to gain traction

Ordinals NFT allows adding digital content such as art to the Bitcoin blockchain. The network's traffic has increased significantly, spiking transaction costs. Muneeb Ali, the CEO of Trust Machines, believes the hype could support Bitcoin in attracting more developers and capital to layer-2 solutions. There is a $500 billion market potential untapped on the BTC network, claims Ali.

Continue Reading13 years after first Bitcoin purchase, layer-2 solutions struggle to gain traction