Tag Archives: Bitcoin News

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The state of New York is moving towards accepting a new bill that if passed, would allow crypto to be used as a form of payment. Is New York Suddenly a Crypto Fan? This is huge for the Empire State in that it would not only put New York on the crypto map, but it would also ensure crypto – at least within the state’s borders – is utilized for the purpose it was created for. The bill states: This act amends the state finance law in relation to allowing New York state...

Is bitcoin now the world’s most hated cryptocurrency? According to a new survey, while it may not be number one yet, the asset is heading up there. People Don’t Love Bitcoin as Much The price of bitcoin has endured numerous punches over the last 12 months. The world’s number one digital currency by market cap rose to a new all-time high of about $68,000 per unit in November of 2021, and it felt like the asset was on top of the financial ladder for good. Nothing could...

In a very interesting twist, the United States Supreme Court is considering a case that would see Joe Biden removed from office while reinstating Donald J. Trump to the White House. Is Trump Again Heading to the White House? The details of the case are a tad more complicated, though the basic premise lays out what many Americans likely already knew beyond a reasonable doubt: that fraud indeed took place in the 2020 presidential election and Trump was cheated out of ...

Democrat representative Jesus “Chuy” Garcia has been removed from the House Financial Services Committee following the overtaking of the House of Representatives by republicans and the implementation of Kevin McCarthy as House Speaker. Jesus Garcia Says “Bye” to Committee Position The decision to have Garcia removed appears to stem largely from allegations that he accepted money and donations from Sam Bankman-Fried, the disgraced crypto executive in charge of the now...

Bitcoin has support from one of Wall Street’s biggest players. Recently, financial giant Goldman Sachs issued a new report claiming that BTC is one of the best performing assets of the year thus far, and it has big hopes and plans for the world’s number one digital currency by market cap. Goldman Sachs Is Enthusiastic About BTC Bitcoin experienced its most bearish year in 2022. The asset fell by more than 70 percent from its all-time high of $68,000 per unit (which it...

After everything that’s happened over the past several months, it looks like Tesla and its CEO Elon Musk have retained some of their bitcoin holdings. Tesla and Musk: Still Silent BTC Fans? The past year has been rather hellish for bitcoin, and while the world’s number one digital currency has managed to endure a few price bumps here and there during the early weeks of 2023, it’s going to be a while before the pain and suffering experienced in 2022 comes to a full halt....

Two women in Grand Traverse County in Michigan were scammed out of more than $50K in crypto funds after falling victim to a digital currency fraud scheme. The news came by way of a statement given by Sheriff Lt. Brandon Brinks. Lt. Brinks on Crypto Scams In the statement, Brinks said crypto scams are always difficult to narrow down and track given that they’re always changing, and fraudsters are always altering their methods of obtaining digital asset funds. He said:...

North Korea has long done anything and everything it could to get its hands on crypto. There’s no doubt about that. At this stage, it’s obvious the nation is trying to garner digital assets so it can fund its ongoing nuclear program. However, until now, we’ve always been afraid of Lazarus, as this is the main state-funded hacking organization trying to garner illicit crypto through stealing, cyberattacks, and thievery. North Korea Has a New Group Stealing Crypto It now...