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Bitcoin (BTC)

The Next BTC Halving Is a Year Away; What’s Going to Happen?

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up 2024 is set to be a big year for several reasons. A big one is that Americans can finally vote Joe Biden out of office and spare their nation more incompetency, but a different reason is because the next bitcoin halving is set to occur. The Halving Is on Its Way Bitcoin halving events take place every four...

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Presidential Candidate Robert F. Kennedy Pledges ‘Inviolable Right’ to Hold and Use Bitcoin

The Democrat candidate for U.S. President took to the “Nakamoto Stage” at the Bitcoin 2023 conference to make some powerful pledges. Robert F. Kennedy shared his own experiences with Bitcoin stating that he would protect the rights of Americans to hold and use the asset if he is elected president. “As president, I will make sure that your right to hold and use Bitcoin is inviolable,” Kennedy went on to add, “I am an ardent defender and lifelong defender of civil liberties,...

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Warren Buffett Continues to Hate on Bitcoin

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has been doing quite well as of late. The currency recently hit a price of $30K for the first time in about 11 months and the asset has shot up steadily since the beginning of the year. Sadly, this has not been enough to convince Warren Buffett – a long-time crypto critic – of its worth, and he’s...

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Bitcoin, Gold Still The Best Insurance Against Corruption and Incompetence, Says Kiyosaki

With the US debt ceiling talks leading to no results, economists are wondering whether this situation could turn out to be a massive global financial crash, despite politicians still claiming that there will be a soft landing. Robert Kiyosaki, however, doesn’t believe this assertion and urged investors to turn to gold, silver, and bitcoin to protect themselves. Republicans and Democrats are still unable to decide whether the US should raise the debt ceiling, and questions...

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PEPE Shoots Up 12% Daily, Bitcoin Shaky at $27K (Weekend Watch)

After sitting below $27,000 for a few days, bitcoin finally jumped above that level in the past 24 hours but is yet to decisively reclaim it. Most altcoins are with insignificant gains on a daily scale, aside from the trending memecoin – PEPE. Bitcoin Uncertain at $27K Last week started on a positive note for bitcoin, which jumped to over $27,600 after the stagnant weekend. However, that was short-lived, and the asset retraced to below $27,000 in a matter of days. Another...

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Coin Cafe to Pay $4.3 Million Restitution to Defrauded Investors: NYAG

Brooklyn-based crypto firm Coin Cafe has been ordered by the office of the Attorney General to refund over $4 million to cryptocurrency investors. The restitution comes after investigations revealed that the company charged users exorbitant fees without their consent. “Free” but not Free In a press release on May 18, the New York Attorney General’s office claimed that Coin Cafe charged investors high fees to store bitcoin with the company’s wallet, despite advertising the...

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How Two Men Got Life Sentences in Vietnam for Committing a $1.5M Crypto Theft: Report

The Ho Chi Minh City People’s Court ruled that the Vietnamese residents – Ho Ngoc Tai and Tran Ngoc Hoang – will spend their lives in prison for kidnapping an individual and stealing $1.5 million worth of bitcoin from him. 14 other people who also took part in the crime received sentences between 9 and 19 years.  No Mercy  The 34-year-old Tai and the 40-year-old Hoang were slammed with life imprisonment for orchestrating a sophisticated kidnapping and later draining $1.5...

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Texas Paid Crypto Mining Firm a Lot of Money to Shut Its Machines Off

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In early 2021, the state of Texas paid a bitcoin mining company called Bit Deer approximately $175,000 per hour. Texas Doled Out Cash for No Work For what purpose, you ask? Well, it wasn’t because the Lone Star State wanted to gain access to mined BTC units. It wasn’t to create jobs, and it wasn’t to help build...

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Fidelity Remains Devoted to Crypto but Will ‘Tread With Caution’

Christian Staub – Managing Director for Fidelity International’s business in Europe – said the investment giant intends to remain part of the cryptocurrency ecosystem.  However, he added that it will not urge people to buy bitcoin due to its “volatile and nascent” nature. The lack of pertinent regulation in the space is another present obstacle for the firm. Crypto to Become ‘More Sophisticated’ The multinational investment firm that has introduced several cryptocurrency...

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BTC Tight Around $27K: Calm Before The Storm? (Bitcoin Price Analysis)

Bitcoin has been stuck in a range in the last few days following a rejection from the $30K resistance level. There are various points for market participants to look forward to in the short term. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has been consolidating in a very tight range over the last week. This comes after the $30K resistance level rejected the market to the downside. The 50-day moving average was also broken down around the...

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