Tag Archives: Bitcoin News

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Bitcoin and Ethereum have been having a tough time. The problems began again at the end of August when Jerome Powell, the leader of the Federal Reserve, made a five-minute speech suggesting the agency was going to be ruthless in its attempts to curb inflation. Bitcoin Ain’t Doing So Hot This, of course, means people can potentially look forward to further rate hikes, which have not done well for bitcoin. Every time rates go up, bitcoin’s price goes down along with the...

Virtuzone – a company based in the United Arab Emirates (UAE) that assists with business formations and provides corporate services – has announced it will begin accepting cryptocurrency payments. Virtuzone 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 cousins have taken on either speculative or even hedge-like statuses in...

Mendoza – a province in the western region of Argentina and the fifth most populous area in the country – says it’s allowing residents to use cryptocurrencies like bitcoin to pay for taxes and other city-based bills. Argentina Continues Its Crypto Acceptance Run 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 taken on either speculative...

There’s a new crypto bank in town. Known as Buy Bitcoin Bank, the digital currency firm is looking to ensure all crypto traders have the tools, resources, and education they need to trade intelligently and make appropriate decisions when it comes to adding digital currencies to their portfolios. Buy Bitcoin Bank Is Pushing for Stronger Education There’s nothing wrong with investing, nor is there anything wrong with diversifying one’s portfolio. However, what can be...

Singapore says it’s considering introducing new laws that will make it much harder for crypto retail investors to trade digital assets during this time. The nation’s regulators say they are truly concerned about the ongoing risks involved with virtual money. Singapore Is Worried About Crypto Trading Singapore has stated that many people getting involved in crypto are simply doing so because they are experiencing fear of missing out or “FOMO.” Regulators say people are...

Bitcoin took another hefty fall in late August. The world’s number one digital currency by market cap fell to just over $20,000 following the speech given by Jerome Powell of the Fed in which he talked about the state of the economy. Bitcoin Is Continuing to Experience Bearish Trends Powell hinted that more rate hikes were likely in order, meaning bitcoin is set to suffer further at the hands of what can only be considered, at this point, to be an extremely incompetent...

Argentina is a country that has witnessed the death of its national currency, the peso. The asset has been devalued so much that many people in the country – despite the falling prices – continue to resort to bitcoin and other cryptocurrencies to survive and obtain the services they need. Argentina Is Growing to Love Bitcoin Romina Sejas is one such person who uses crypto on a regular basis. A native of Argentina, Sejas got her crypto start while working a job preparing...

Recent technical signals suggest bitcoin could be due for a breakout soon, something that’s sure to make investors everywhere squeal with joy. Bitcoin Might Be Coming Back Soon The crypto space has been doing rather poorly as of late, with bitcoin – the world’s number one digital currency by market cap – leading the way into the doldrums. BTC has crashed by more than 60 percent from its November 2021 all-time high of $68,000, and the crypto space has lost more than $2...

The crypto space is enduring a lot of problems as of late, but according to one analyst – Edith Yeung, a general partner at Race Capital – things aren’t as bad as they seem, and we’re not yet in a crypto winter. Edith Yeung Is Confident in Crypto In a recent interview, Yeung explained: In some sense, the ‘warm winter’ is basically going to push out everybody who really [wants to be] there for short-term gain. The price of bitcoin has gone through one of its most...