Tag Archives: Bitcoin News

The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of 2022. Bitcoin Is Growing Like Crazy January has brought on a certain degree of healing for most digital currency investors and traders. The previous 12 months had been so disastrous for bitcoin, literally eliminating more than 70 percent of its overall valuation. The...

Movie Pass – a program that seeks to provide lesser-priced movie tickets to theatergoers – is back with a bang. This time, it’s backed by cryptocurrency and getting a little help from the blockchain space. Movie Pass Is Coming Back with Crypto in Its Corner The company has had a rather harsh run of things, first rising to the ranks over a decade ago in 2011. The enterprise sought to provide discounted movie tickets, though there appears to have been some controversy...

Illicit cryptocurrency transactions increased tenfold in 2022, marking the highest total figure yet in the history of crypto. In what was arguably the worst year for bitcoin and its crypto cousins to date, close to $20 billion in illicit crypto was transferred to suspicious addresses. Illicit Crypto Activity Reached a Pinnacle Last Year This beats the previous record set in 2021, which was $18 billion. The new number outdoes the previous one by roughly $2 billion. Kim...

January proved to be a somewhat powerful month for bitcoin, which rose beyond the $18K mark by the midway point. Though this is nothing compared to the all-time high of $68,000 it achieved in November of 2021, the jump was a welcomed change from the bearish conditions so many fans, traders, and investors were privy to in 2022. Bitcoin Saw a Good Month in January The previous year was arguably the worst time for bitcoin and the crypto scene. Bitcoin lost more than 70...

El Salvador has announced a new law that will place crypto regulation duties in the hands of both state and private entities. The idea is that these entities will hold sway over any digital currencies (except for bitcoin, which has already been declared legal tender in the country) and how they are issued within the borders of the Central American nation. El Salvador Is Working Its Way Up the Crypto Regulation Ladder The goal of the bill is to potentially attract outside...

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The Twitter account of legendary Green Bay Packers football player Aaron Rodgers was recently hacked by crypto scammers. The Twitter Account of Rodgers Was Compromised Fans of the sportsman noticed his account was sending various crypto-related posts and messages to Elon Musk, the man who now runs the social media conglomerate. These messages contained various cryptocurrency ads and promotions and given what a center for crypto fraud Twitter has been in recent years,...

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Bitcoin price started a fresh increase from the $21,500 zone against the US Dollar. The price is now trading above $22,500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $23,240 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,200 support zone. Bitcoin price is rising above $22,500 against the US Dollar. BTC might extend gains...

Not long ago, the Republican dominated House of Representatives passed a bill to decrease funding for the Internal Revenue Service (IRS) by $70 billion. The bill is slated to wipe out support for the 87,000 agents being hired by the Biden administration, and most Americans are breathing a sigh of relief right about now. Biden Is Getting a Taste of His Own Medicine For crypto holders, the news is way better than expected. The fact is that the Biden administration has...