By CCN: The bitcoin price stumbled toward the end of the week but it looks like the bulls have gotten it together. BTC is now moving higher by nearly 7% to approximately $7,800 at last check on CoinMarketCap. The price had fallen as low as approximately $7,000 on Friday, and some traders have been calling for the bottom to fall out. It seems as though that won't happen, at least not today. Even...
By CCN.com: Bitcoiners, rejoice! Only bitcoin (and maybe roaches) would survive a nuclear holocaust. In contrast, banks and fiat money would literally go down in flames. That's what crypto pioneer Charlie Shrem wants you to know as you ponder a hypothetical dystopian future. "If the unthinkable happens, Bitcoin would be a highly durable currency during nuclear war, as compared to fiat currency...
For the average entrepreneur, verifying that your financial institution hasn’t closed your startup’s bank accounts probably isn’t part of your daily routine. However, if you're an entrepreneur that runs a bitcoin startup, checking up constantly on one’s banking relationships is just part of the job. That became apparent this week thanks to a Twitter thread started by Anthony Pompliano, a partner...
Bitcoin pioneer Charlie Shrem saw his assets unfrozen yesterday, dealing a major setback to Gemini founders Cameron and Tyler Winklevoss' quest to reclaim more than $30 million worth of crypto funds they allege Shrem stole from them more than five years ago. Recent Developments BitInstant founder Charlie Shrem has seen recent headway in his defense against the Winklevoss twins, seeing his assets...
A lawyer for early bitcoin adopter Charlie Shrem is biting back at claims that his client stole 5,000 bitcoins from Cameron and Tyler Winklevoss, founders of crypto exchange Gemini and the “first bitcoin billionaires.” In a filing dated Nov. 5, lawyer Brian Klein claims that the 5,000 BTC in question, which the Winklevoss twins allege Shrem siphoned off from funds he had purchased on their behalf...
Cameron and Tyler Winklevoss, the “first bitcoin billionaires” and the founders of cryptocurrency exchange Gemini, have reportedly filed a lawsuit against crypto pioneer Charlie Shrem. Shrem, the 28-year-old Bitinstant founder who served time in federal prison for knowingly selling bitcoins to people who said that they wanted to use the funds to purchase drugs on now-defunct dark web marketplace...
Bitcoin advocate Charlie Shrem has said that new crypto investors should not be spooked by the volatility of the asset class, but should rather select a token near the top end of the market and adopt a long term investment position. "Learn and Have Fun With It" Speaking to Yahoo Finance at the MoneyShow Conference in San Francisco on Thursday August 23, Shrem advised against excessive exposure to...
Satoshi Nakamoto, a person or a group who founded bitcoin in 2009 by mining the genesis block, has become one of the 50 richest people in the world with a net worth of $19.4 billion. For many years, bitcoins mined by Satoshi Nakamoto have remained unspent, all 980,000 of it. If the price of bitcoin continues to increase exponentially in the mid to long-term, Satoshi could become the most valuable...