Computer scientist not mystery Bitcoin creator 'Satoshi Nakamoto', says judge

Where Bitcoin is going to be in 10 years...especially if it teams up with AI

Euronews caught up with Yves Holenstein from Bitcoin Suisse AG to learn how the largest cryptocurrency is about to be part of our day-to-day lives in the next few years.

Bitcoin Rallies on Hopes of Renewed Interest Among Mainstream Investors

Bitcoin Rallies, on Hopes of Renewed Interest , Among Mainstream Investors. On March 4, the price of Bitcoin broke $65,000, bringing it closer to returning to an all-time high reached in November 2021. NBC reports that the latest rally has been driven by hopes that the launch of bitcoin exchange- traded funds will expand bitcoin's pool of buyers. . In 2024, the cryptocurrency has gained over 48%, rapidly approaching its record intra-day all-time high of over $68,000. In January, Bitcoin ETFs were first approved by the Securities and Exchange Commission (SEC). . The SEC said the approval of the ETFs were meant to make it easier for investors to gain exposure to Bitcoin without having to actually own the digital coins. NBC reports that the world of crypto is also banking on a potential rally following a technical event known as "halving" scheduled to occur in April. This event will see the rate of supply for new bitcoin to decline, which could cause the value of the cryptocurrency to increase if demand remains unchanged. Some mainstream investment experts have still urged caution when it comes to investing in the controversial cryptocurrency. With equities, you own a share of a company that produces goods or services, and many also pay dividends. With bonds, you get a stream of interest payments, Vanguard statement, via NBC. Commodities are real assets that meet consumption needs, have inflation- hedging properties, and can play a role in certain portfolios, Vanguard statement, via NBC. While crypto has been classified as a commodity, it’s an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio, Vanguard statement, via NBC

Bitcoin Tops $63,000

Bitcoin , Tops $63,000. On Feb. 29, bitcoin advanced more than 5% to $63,252.82, CNBC reports. The day before, the cryptocurrency reached $64,000 and then dropped back to $60,000. For the month of February, bitcoin is currently up 47%. The figure represents a sixth consecutive month of gains. The last time that the currency had a similar showing was in December 2020, at which time it rose 49.5%. On Feb. 28, bitcoin ETFs had "a record $677 million in daily net inflows," CNBC reports. . We’ve seen over $2 billion coming into the various bitcoin ETFs so there’s been this need to access more supply of bitcoin to build these ETFs and that ends up driving prices up particularly in the near term. , Sylvia Jablonski, CEO and chief investment officer at Defiance ETFs, via CNBC. The second reason why you might be getting some extra momentum in the price over the last couple of days is the upcoming halving, Sylvia Jablonski, CEO and chief investment officer at Defiance ETFs, via CNBC. Historically the halving has led to bitcoin prices increasing … past performance is not indicative of future performance, but I do think there’s this belief that the halving process will result in the same level of price appreciation, Sylvia Jablonski, CEO and chief investment officer at Defiance ETFs, via CNBC. Bitcoin's next "halving" is scheduled for this April