Tag Archives: Bitcoin News

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The Fed has been in the news quite a bit as of late. At the end of August, the agency stirred controversy when Jerome Powell gave a five-minute speech talking about more rate hikes. Naturally, crypto fans throughout America got extremely worried about what could happen to their assets, which have been falling in price thanks to ongoing rate hikes from the Fed. The Fed May Wind Up Helping BTC However, some analysts now believe that the Fed could potentially contribute to...

Poor Michael Saylor. As if the man doesn’t have it bad enough. Michael Saylor Has Serious Tax Woes Not long ago, the billionaire investor and CEO was ousted by his own company after more than 30 years in a top executive position following his many bitcoin-related decisions… Decisions that ultimately put the company in heavy loss positions. Saylor was downgraded from CEO to executive chairman. The move would allegedly permit Saylor to focus purely on bitcoin in the...

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The Al Jalila Foundation – which is a member of the Mohammed bin Rashid Al Maktoum Global Initiatives – has announced that it’s received a crypto donation exceeding $16 million. Not only is this a huge number, but it’s also the first digital currency donation the organization has ever received. The money will go towards supporting the Hamdan Bin Rashid Cancer Charity Hospital. Al Jalila Accepts Major Crypto Donation Dr. Abdul Kareem Al Olama – the CEO of the Al Jalila...

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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...