Meanwhile, BoE Governor Andrew Bailey said crypto qua crypto fails as currency qua currency, though dissidents like Alexey Navalny might disagree.
The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.
Guggenheim Partners is part of the next wave of institutional investment firms looking to step into Bitcoin.
A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.
As long as these options remain open in the market, the next couple of days could be volatile for bitcoin.
With VBTC's integration, the Lightning Network now has support from half a dozen Bitcoin exchanges.
Last week's rout in bitcoin market looks like "weak hands" selling out because bidders appeared to materialize whenever prices fell to $30K.
In spite of the timing, bitcoin wasn't created as a result of the 2008 crisis – and this misunderstanding matters.
"Not owning any bitcoin has been a massive mistake, and we expect that will continue to be true," the famed value investor's son wrote to clients.
"One thing is clear: this is a serious project now, and we need to start taking decentralization seriously," said Wladimir van der Laan.
Should anyone in an open source community have to bear the legal brunt of a seemingly senseless lawsuit?
There appears to be strong support around $30,000, according to traders.
The efficient market hypothesis butts up against bitcoin's volatile day while Bitcoiners show solidarity in hosting the white paper.
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows.
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin's biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency's notorious volatility.