Elon Musk has seemingly not completely forgotten about Dogecoin, as some may have feared. DOGE spiked more than 10% after the billionaire updated his Twitter picture to show that he still supports the cryptocurrency. Musk’s New Twitter Picture Boosts DOGE Price Musk’s new profile picture is a head shot of him with DOGE reflections on his sunglasses, similar to that of Bitcoin’s Laser eyes meme which trended across Crypto Twitter in February. This single action from the...
Read More »The FBI Is Telling People to Avoid Crypto if They Can
The Federal Bureau of Investigation (FBI) has issued a serious warning against cryptocurrencies like bitcoin and has told individuals not to get involved unless they are fully aware of the risks. The FBI Is Warning Against Crypto Use The bitcoin and cryptocurrency space has attracted a huge wave of malicious cyberactivity over the past year. Bitcoin and several other digital assets have seemingly shot up in price, and while things may not be looking stellar at press...
Read More »Saquon Barkley to Garner All Marketing Money in BTC
It does not always look like football and bitcoin would go together, but today, we are being given another example of how they do in the form of New York Giants running back Saquon Barkley, who has agreed to a deal that will give him all his marketing money in bitcoin. Saquon Barkley Is Now a Bitcoin Devotee Barkley has become a major crypto fan over the years. So much so, that he is now willing to accept all the money from his recent endorsement deals in the world’s...
Read More »Are Mike Tyson and Busta Rhymes Looking to Get Into Crypto?
Mike Tyson, one of the greatest boxers in history, has asked his millions of followers on Twitter if they prefer bitcoin or ether. This comes shortly after the popular rapper Busta Rhymes asked around for trustworthy sources for education about digital assets. Iron Mike: Bitcoin or Ethereum? The 55-year-old, considered by many as the greatest boxer of all time, took it to Twitter to see if his 5.6 million followers prefer BTC or ETH on Saturday. The thousands of answers vary...
Read More »Bitcoin Price Analysis: BTC Approaches Consolidation Apex, Huge Move Imminent
BTC is down a total of 6% over the week, as of now, while it currently battles to remain above $32K. The primary cryptocurrency has been trading inside a long period of consolidation between $30K and $40.5K since the mid-May capitulation candle and between $30K and $35K over the past month. This consolidation can be seen in the form of a bearish triangle, as shown below on the daily chart. Same as it happened over the past weeks when BTC tested the $30-31K lows, this week’s...
Read More »Bitcoin Amid $32K as Markets Await GBTC Unlock (Market Watch)
While BTC’s price continues to trade in a range of around $32,000, all eyes are on today’s largest GBTC unlocking of over 16,000 bitcoins. On the other hand, some of the altcoins have bounced off since the recent price declines, with DOGE jumping by roughly 9% on a 24-hour scale. All Eyes on GBTC Unlocking After briefly exceeding $33,000 on Thursday, bitcoin started to retrace in value and lost about $2,000 in a day. The subsequent unsuccessful attempt by the bulls to recover...
Read More »Visa and Crypto Spend Unveil New Digital Currency-Based Credit Card
Residents of Australia will soon be able to utilize bitcoin and other cryptocurrencies for payments at retail outlets throughout the nation thanks to a partnership between Crypto Spend – a digital currency startup in the Great Outback – and financial giant Visa. Visa and Crypto Spend Are Releasing a New Credit Card Thanks to a new Visa credit card that Crypto Spend is releasing, Australians will be able to spend digital currency on goods and services at nearby stores by...
Read More »Digital Mint Helps Companies Recover Quickly from BTC Ransomware
Digital Mint is a company that provides tools and funds to companies that have fallen victim to bitcoin and crypto-based ransomware attacks. Digital Mint Is There to Help with Crypto According to security firm Cybersecurity Ventures, a business will fall victim to a ransomware attack every 11 seconds. In recent months, many of these attacks have demanded not cash or standard fiat, but rather bitcoin or other forms of crypto. One of the biggest – and most recent examples...
Read More »Negative Sentiment on Crypto Twitter Peaks Again: History Shows This Could Be Bullish
With bitcoin’s price losing more than $3,000 in days and reaching a multi-week low, the crowd sentiment remains mostly negative, shows recent data. However, similar developments have turned out to be signals for local bottoms in the past, and the question remains if history is to repeat itself. The Sentiment is Low, But Could That Be Good? Bitcoin tried to break above $37,000 at the end of June, but it was quickly rejected and headed south in the following days. Despite the...
Read More »Nassim Nicholas Taleb: Bitcoin Is Way Too “Fragile”
Nassim Nicholas Taleb – the author of “Black Swan” – does not think much of bitcoin. Taleb Is No Longer a BTC Fan In the past, Taleb has been a huge advocate of the digital currency. He has commented that individuals “cannot ignore the bitcoin story,” claiming it had come quite far in the time it had been available to traders. He touted it as a powerful asset, and it was time to take the currency seriously. However, now it looks like Taleb is reversing his stance. In a...
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