Bitcoin

Bitcoin

Warren Buffett: I wouldn’t buy all Bitcoin in the world for $25, it has no value

Berkshire Hathaway (NYSE: BRK.A) CEO Warren Buffett has reiterated his stance against Bitcoin, maintaining that he cannot invest in the cryptocurrency citing the lack of an intrinsic value. While speaking during the Berkshire Hathaway Annual Shareholder meeting, Buffett rationalized Bitcoin’s lack of tangible value while referencing how sectors ...Read More

BlockFi to Pay $100M Penalty, Stop Opening New High-Yield Bitcoin Accounts: Report

Crypto lending platform BlockFi has agreed to pay $100 million to settle ongoing investigations from the U.S. Securities and Exchange Commission and multiple state securities regulators. According to a Bloomberg report based on anonymous sources, BlockFi will also discontinue new high-yield accounts for most U.S. residents. ...Read More

‘The Largest Financial Seizure Ever’ – DoJ Recovers Billions In Bitcoin From 2016 Bitfinex Hack, Couple Arrested

Ilya Lichtenstein and his wife, Heather Morgan, were arrested in Manhattan on Tuesday morning and face federal charges of conspiracy to commit money laundering and conspiracy to defraud the United States. “Today’s arrests, and the Department’s largest financial seizure ever, show that cryptocurrency is ...Read More

Bitcoin evangelist Michael Saylor says clear crypto regulations would speed institutional adoption

Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the ...Read More