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CATEGORY: bitcoin bet

Bitcoin OG bets surprising sum on BTC hitting $100K before the halving
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 07, 2023 05:50

Bitcoin OG bets surprising sum on BTC hitting $100K before the halving

Blockstream CEO Adam Back, one of the crypto’s early pioneers, is pretty confident Bitcoin will hit an all-time high of over $100,000 before Bitcoin’s halving in 2024 — and is willing to drop a million wagering on it. In an Aug. 7 conversation on X (formerly known as Twitter), Back agreed to a bet with [...]

The post Bitcoin OG bets surprising sum on BTC hitting $100K before the halving appeared first on Crypto Breaking News.

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Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
May 04, 2023 01:25

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of the money donated to two organizations. Former Coinbase

The post Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet appeared first on BTC Ethereum Crypto Currency Blog.

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Balaji pays out his crazy $1M Bitcoin bet, 97% under price target
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 03, 2023 05:50

Balaji pays out his crazy $1M Bitcoin bet, 97% under price target

A $1 million Bitcoin (BTC) price bet has been closed out 97% under its target price, with its backer Balaji Srinivasan choosing instead to donate a total of $1.5 million to three different entities as a settlement. On May 2, Srinivasan, the former chief technology officer at Coinbase, said the bet had been “closed out [...]

The post Balaji pays out his crazy $1M Bitcoin bet, 97% under price target appeared first on Crypto Breaking News.

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