Tag Archives: Bitcoin News

2022 was a rough year for crypto filled to the brim with failing prices and fraudulent companies. All in all, however, Michael Saylor – the previous head of MicroStrategy – feels everything that’s happened ultimately pushed the space forward in many ways. Michael Saylor on FTX: It Helped Crypto One of the big things that Saylor brought up was the collapse of FTX, which occurred in November of 2022. After several years of being the golden child of the industry and...

Residents of Colorado have become major targets for crypto criminals according to a new report issued by the Federal Bureau of Investigation (FBI). The FBI Says Many People in Colorado Have Been Targeted The document says that millions of dollars have been stolen from crypto traders and normal, everyday residents in the Centennial State. Many of the scams in question involve stable assets such as Tether and USD Coin (USDC). In a statement, the FBI mentioned: In a common...

A man from New Jersey – 31-year-old John Michael Musbach – tried to pay a hitman $20K in bitcoin to have a 14-year-old boy killed off. John Michael Musbach Has Been Arrested The boy was allegedly a key witness in an ongoing case against Musbach. Trying to get the boy out of the picture and come out of the situation clean, Musbach sought the aid of a potential hitman to do the job for him, and he tried to do so with bitcoin. His plan failed, and he’s now pleading guilty...

Bitcoin price started a fresh decline below the $24,000 zone against the US Dollar. The price is now trading below $24,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $23,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $24,000 resistance zone. Bitcoin price is recovering from $23,000 against the US Dollar. BTC might eye...

In an era where so many other crypto firms appear to be losing employees left and right, the Bitcoin Association – which is responsible for the release of the recent bitcoin SV currency – is bringing some fresh faces onboard. The Bitcoin Association Is Bringing New People Aboard Among the people being hired are Cyrille Albrecht as the new managing director, Ewa Merino as the director of finance and operations, and Marcin Zarakowski as the latest executive committee...

Nasim Nicholas Taleb – the author of the popular novel The Black Swan and advisor to the hedge fund Universa Investments – believes bitcoin, stocks, and many other assets are going to have it hard over the next few years. Taleb Predicts More Gloom and Doom for Crypto 2022 was a time of very bearish sentiment. Bitcoin, for example, had risen to a new all-time high of about $68,000 per unit in the final months of 2021, though this didn’t last the way people thought it...

The price of bitcoin appears to be coming back from the horrors of 2022, but John Griffin – a finance professor at the University of Texas McCombs School of Business – says he’s not convinced this is happening naturally, and he wonders if BTC is somehow being manipulated. John Griffin on Bitcoin: It’s Being Manipulated! Bitcoin rose to prominence in late 2021. Achieving a new all-time high of $68,000 per unit in November of that year, it was thought by many that bitcoin...

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Ray Dalio – the founder of Bridgewater Associates – says the financial system so many people have become familiar with is in dire straits and in danger of collapsing. He’s now pushing his interest in bitcoin aside and supporting a new inflation-linked crypto he thinks would be much safer to use. Ray Dalio On BTC: It’s Not Reliable In a recent interview, he stated bitcoin cannot be tied to anything, and that the idea that it works as a hedge against inflation is a joke....

The United Kingdom and its finance ministry is planning to lay the groundwork for new digital currency regulations following the collapse of popular digital currency exchange FTX. The United Kingdom Doesn’t Want Another FTX in the Books Financial Services Minister Andrew Griffith commented in a recent interview: Our view is that this reinforces the case for clear, effective, timely regulation and proactive engagement with [the] industry. This includes a proposal to bring...