Tag Archives: Bitcoin News

Financial services firm Level Field Financial is partnering with a company called Crypto Quote. Its purpose? To bring traditional finance and digital currency together and provide traders and investors with analytics, research tools, and other scalable data to ensure they consistently make intelligent and informed decisions when seeking to add digital assets to their portfolios. Level Field Joins Hands with Crypto Quote The crypto space is not doing well as of late....

There’s some good news about bitcoin mining in the sense that recent reports suggest the process is utilizing far less energy than it has in the past. However, it appears the numbers have only gone down somewhat, and the world of crypto mining is still wreaking havoc on energy supplies everywhere. Mining Is Coming to a Standstill It has widely been reported that bitcoin and crypto mining uses more energy than some developing nations, and the incoming reports still...

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A billion-dollar crypto money laundering case in China has come to an end. Authorities say they busted an illicit group of money launderers who used a total of 40 billion yuan (roughly $5.6 billion in USD) to purchase digital currency funds. China Is the Center of a Major Crypto Money Laundering Case Arrests of over 90 individuals alleged to have been involved in the case recently occurred in the county of Hengyang, which is centered in China’s southern province of Huna....

With inflation at an all-time high and running rampant like never before, it appears crypto at least has some sort of voice regardless of how thin or quiet it might be. Inflation Is Getting Worse and Worse Inflation has gone crazy under incompetent leaders like Joe Biden. As a result, fiat currencies all over the world from USD to the euro to the pound have suffered greatly, and the Fed has been forced into a position of continually having to hike rates. This has led to...

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Bitcoin price started a fresh increase above the $19,000 zone against the US Dollar. The price is now trading above $19,100 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $19,520 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $19,550 level. Bitcoin price is rising above $19,000 against the US Dollar. BTC might gain bullish...

It seems that with the bitcoin and crypto markets doing so poorly as of late, crypto fanatics and traders are doing all they can to potentially make themselves feel better about the situation(s). Thus, the new narrative for bitcoin is not that it’s a hedge against inflation or that it’s digital gold. Rather, most crypto traders are telling themselves that “a bitcoin is a bitcoin.” Bitcoin Is What It Is What does that mean, exactly? Well, it seems to mean exactly what it...

Michael Saylor – the CEO of institutional bitcoin bull and software giant MicroStrategy – has announced that he thinks bitcoin has what it takes to reach a price of $500,000 per unit within the next ten years and reach a market cap of roughly $10 trillion. Michael Saylor Still Thinks BTC Will Survive Saylor was confident in his proposal that bitcoin could potentially outdo gold, which up to this stage has been the primary investing tool for most individuals looking to...

Luxury fashion house Balenciaga has agreed to open its heart and mind to digital currency payments. The company announced in a statement that various stores throughout the United States are now going to accept various crypto assets for items like clothing and purses. Balenciaga Says “Yes” to Crypto 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...