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Tag Archives: Bitcoin News

Stockpile Is Helping Kids Invest in Crypto

A company called Stockpile – which is billed as the “simplest way” to invest in stocks – is looking to introduce kids and young people to crypto investing. The company’s executives feel it’s never too early to start learning about proper investing methods, and they think getting kids on the right track early will not only assist them, but ensure the world is in a stronger place from a financial perspective. Stockpile Wants to Bring Kids and Crypto Together The thinking...

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Elon Musk Is Still Holding onto Some BTC

Elon Musk has not always been the kindest person to bitcoin. He has made unfair judgements about it in the past, and when it comes down to it, it seems he’s a much bigger fan of some of its altcoin cousins, i.e., Dogecoin, than he is of the currency that started it all, and yet despite all this, there still seems to be some love in the mix. Elon Musk Hasn’t Gotten Rid of All His BTC It has come out that Tesla – the electric vehicle company owned and run by Musk – is...

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Poll: Residents of El Salvador Aren’t Into BTC

According to a new survey, many residents of El Salvador consider the bitcoin experiment implemented by their country’s leaders a failure. El Salvador and Bitcoin… Will They Break Up? The poll was conducted by the University of Central America. Roughly 75 percent of the survey participants said they have not used any cryptocurrency throughout 2022. A total of 77 percent of the participants flat out said that they don’t feel implementing bitcoin as legal tender was a...

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For Biden, Crypto Is Just a Tool for Spying on People

Not long ago, an article emerged claiming Biden is using the crypto space to spy on people. Biden Is Using Crypto to See What People Are Doing The article said the government was “chipping away” at people’s financial freedoms and doing little to let them know what was going on. Financial privacy is clearly suffering under this administration, and it’s plausible to assume few people realize what’s happening. There are several things one can say to this, the first one...

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Australia Will Not Treat Digital Assets Like Foreign Currency

Australia has made a specific taxation decision when it comes to crypto assets, and members of the industry and active traders are not happy about it. Australia May Have Made a Severe Choice Regarding Crypto Not long ago, Australia announced that for tax purposes, it would continue to treat digital currencies as physical assets rather than foreign currency. The government of Australia is now set to introduce full legislation cementing the decision. What does this mean?...

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Glass Node: Most Bitcoin Addresses Have Experienced Heavy Losses

For the first time in two years, most of the world’s active bitcoin addresses have experienced heavy losses and are now in the red. Bitcoin Addresses Are Seeing Fewer Returns The data comes from Glass Node, which measured all the current bitcoin addresses that are still sending funds to digital currency exchanges. The company says the activity is at a 23-month low, which means more selloffs could be in BTC’s future in the short term. Dan Ashmore – an analyst at Coin...

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Luxury Retailer True Facet Greenlights Crypto Payments

True Facet – an online marketplace that sells used watches and jewels – has partnered with Bit Pay, a leading provider of digital currency payment services, to permit shoppers to checkout and purchase items with crypto assets like bitcoin and Ethereum. True Facet Says “Yes” to BTC Payments The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have...

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Report: Two Chinese Spies Used BTC to Bribe U.S. Official

Two Chinese spies are alleged to have tried to bribe a U.S. intelligence officer with bitcoin as a means of gaining information regarding the prosecution of a company that remains anonymous at the time of writing. The news comes by way of the U.S. Department of Justice. Two Spies Tried to Bride a U.S. Government Employee The two spies that have been named include Dong He (aka Guochun He) and Jacky He (aka Zheng Wang). Both were seeking to steal files and other...

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