Miller, the founder of Miller Value Partners, has said that Bitcoin accounts for 50% of his assets. He suggests doing DCA with Bitcoin, which may also be applied to any investment as a strategy.
Cryptocurrency Miners in Kosovo may earn up to 2,400 euros per day since it is a low-cost energy producer, which is why many young people opt to mine Bitcoin. Authorities seize equipment used to mine Ether and Bitcoin, such as video cards and ASICs leading to a war on Bitcoin Mining.
Turkish Lura is more volatile than Bitcoin on 90 days, and its volatility has increased to 65% per annum compared to Bitcoin.
The riots in Kazakhstan have led to a Bitcoin hashrate drop, and along with a Fed Report, concerning the shrinking of the US central bank balance sheet, lead to Bitcoin prices to fall more than $3000.
In 2021, Bitcoin celebrated its 13th year on the market and achieved a $1 trillion market valuation. Since April, Bitcoin dominance has dropped, which is expected in a bullish cycle, “losing out” to new cryptocurrencies.
The expected bull run collapses at the end of 2021 as the Bitcoin price drops. After hitting an all-time high of USD 68,600 on November 10, the price of Bitcoin plummeted to USD 46,600 on Tuesday, December 28, signifying a 32% fall.
Pressure for Pakistan to regulate cryptocurrency market grows after a report of 221 million inhabitants that states that the Pakistanis own more cryptos than the Country’s own FIAT reserves.
Lightning Network, the second layer, is not yet fully functional to protect users privacy. An attacker will be able to discover channel balances by polling.
Almost 1400 Bitcoins in El Salvador at the end of 2021. BitGo and Bitso could be El Salvador’s BTC providers, although the Government hasn’t officially confirmed it.
A community of around 40 families in Ecuador started working with Bitcoin as their local currency. This new experiment is based on the movement called Bitcoin Beach.
The amount in Bitcoin seized by the US government this year was USD. 1.2 billion in cryptocurrencies. A spokesperson for the Justice Department says there is no database of the seized BTC.
Elon Musk is the richest man in the history of the world and Time Magazine chose Elon Musk as Person of the Year 2021. One of its most successful companies is Tesla that now accepts DOGE.