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Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless or Outlawed’

Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless or Outlawed’

Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy

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Market Cap Eyes $1T: Bitcoin Taps Weekly High, Ethereum Classic Explodes 33%

Market Cap Eyes $1T: Bitcoin Taps Weekly High, Ethereum Classic Explodes 33%

Bitcoin kept climbing after yesterday’s minor retracement and jumped above $21,500 to mark a new weekly high. The altcoins are well in the green as well, with ETH charting a monthly peak and other notable

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BTC stays above $20k despite losing 5% of its value this week

BTC stays above $20k despite losing 5% of its value this week

The cryptocurrency market has performed well this week, with the total market cap now above $900 billion. The cryptocurrency had a positive net week this time around. The market has added almost $50 billion to

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Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

Thomas Peterffy – Founder and Chairman of Interactive Brokers – believes the American authorities might ban cryptocurrencies amid concerns that they facilitate illegal activities. Nonetheless, the billionaire remains a HODLer, vowing to purchase more bitcoin

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Here’s Who Controls Most of Bitcoin’s Circulating Supply: Details

Here’s Who Controls Most of Bitcoin’s Circulating Supply: Details

Bitcoin was worth $20,032, up 2.40% in previous 24 hours According to Bloomberg research, the early adopters of Bitcoin still control most of it. The report states that “early entrants in digital assets have taken

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JP Morgan: Bitcoin’s 50% Decline in Production Cost Could Further Harm its Price

JP Morgan: Bitcoin’s 50% Decline in Production Cost Could Further Harm its Price

Strategists at the American multinational investment bank JP Morgan Chase & Co recently revealed that bitcoin’s cost of production has dropped by nearly 50% over the last month. BTC Production Cost Plunges to $13,000 According

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Bitcoin Dropped to 9-Day Lows, ApeCoin Spikes 6% (Market Watch)

Bitcoin Dropped to 9-Day Lows, ApeCoin Spikes 6% (Market Watch)

After breaking below $20,000 yesterday, bitcoin kept nosediving and dipped to a 9-day low of just over $19,000. The altcoins seem quite stagnant on a daily scale, with ApeCoin being among the few exceptions with

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Bitcoin Is Yet to Form a Resilient Bottom: Glassnode

Bitcoin Is Yet to Form a Resilient Bottom: Glassnode

The world’s largest cryptocurrency recorded one of the worst monthly price performances in history in June. This month, too, has been kind to it. The current market structure has many hallmarks of the later stage

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Crypto Markets Lost $50B in 2 Days as BTC Slumped Towards $20K (Market Watch)

Crypto Markets Lost $50B in 2 Days as BTC Slumped Towards $20K (Market Watch)

Following the relatively calm weekend, bitcoin started to lose value gradually and dipped towards $20,000. Most altcoins are also in the red today, with the most notable drops coming from Solana, Avalanche, LEO, Matic, and

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Bitcoin (BTC) Successfully Breaks Through Important Resistance: What’s Next?

Bitcoin (BTC) Successfully Breaks Through Important Resistance: What’s Next?

Bitcoin broke two resistance levels last week, but it might not be enough for recovery rally Bitcoin had managed to break through two resistance levels that could become starting points for a reversal rally, as

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