While Bitcoin still maintains a somewhat close correlation to the S&P 500, the digital currency is now being pitched as a better alternative to traditional banking.
The new filing comes as cryptocurrencies, and risk assets in general, are in recovery after a bad 2022.
The whitepaper previously was in a folder in the Image Capture application along with several other random files like PDFs and Images.
Chamath Palihapitiya blamed the US regulators for their heavy crackdown recently on the US crypto industry and all associated players.
Bitcoin price is hinged on the current perception of the macroeconomic outlook and monetary policies from the United States Federal Reserve.
With all the predictions, it appears that Bitcoin may truly be getting ready for a long rally.
The use of cryptocurrency in real estate purchases has become increasingly popular.
Crypto stocks, including MARA, RIOT, and COIN, all suffered drawdowns between Thursday and Friday as the price of Bitcoin retraced.
Tesla purchased its first Bitcoin holdings worth approximately $1.5 billion amidst the 2021 crypto bull market.
More than $25 million in Bitcoin futures have been liquidated over the last hour with longs contributing to 98% of the total liquidations.
Within a year of launching its Blockscale 1000 Series ASICs, Intel has continued to discontinue this product but shall take orders for the same up to October 20, 2023.
Popular coin Bitcoin is up 80% in 2023 and is by far the year’s best-performing asset compared to gold and others.
Subject to regulatory approval, LCH has partnered with GFO-ax to offer the clearing of Bitcoin index derivatives.
In response to the bill, three lobbying groups including the Texas Blockchain Council, the Chamber of Digital Commerce, and the Satoshi Action Fund launched an “anti-competitive” campaign called “Don’t Mess With Texas Innovation”.
Nevertheless, Buffett thinks Bitcoin will continue going mainstream due to the human desire for quick profits.