Tag Archives: Bitcoin News

Despite the overall bearishness of the crypto market, there are many analysts out there that seem to believe bitcoin still has what it takes to hit a $100,000 price. Bitcoin Is Stronger Than It Looks Right Now The state of bitcoin is rather poor as of late. The world’s number one digital currency by market cap has fallen into the doldrums and crashed like no other currency this year. The digital asset was trading for a new all-time high of about $68,000 per unit last...

Simeon Hyman is the global investment strategist at Pro Shares. He recently sat down to discuss the current state of the crypto market and what he thinks the future holds. Simeon Hyman on the State of Crypto Pro Shares is famous for releasing the first official bitcoin exchange-traded fund (ETF) last year. While the product got a lot of flak for being based on bitcoin futures rather than actual spot trading – the former being considered less stable than the latter – it...

It was just over a year ago that famed bitcoin podcaster Peter McCormack purchased Bedford FC, a professional football club. While the move seemed odd at the time it occurred, it seems to have allowed the team to move in the right direction, proving once again that crypto and sports go hand in hand. Peter McCormack Had a Vision for the Team Bedford is now known as Real Bedford, and the team is on its way to the new South Midlands Football League Division One campaign....

The crypto space has been crashing and burning for the past several months, but it’s not just investors that appear to be suffering. Scammers – once so active in this unregulated arena – have also taken quite a few financial hits, suggesting there is some good news to the tribulations and trials being suffered by the crypto industry. Scammers Aren’t Making Much Money Over the past several weeks, we’ve been privy to a wide array of nasty headlines surrounding bitcoin and...

The Houston Texans has become one of the few professional football teams out there willing to allow bitcoin payments for suites, suggesting once again that sports and crypto really go hand in hand. The Texas Have Opened Their Minds to Crypto Those looking to pay with bitcoin must do so through a company called Bit Wallet, a third-party entity that will convert the digital currency into fiat so the team can earn its funds. Houston Texans president Greg Grissom was excited...

Free Will – a philanthropic enterprise that engages in estate planning – says it’s established what it’s calling “Crypto for Charity” to ensure that all future crypto transactions and donations come with no fees. This means anyone that sends crypto to a non-profit on the firm’s roster will not be required to pay any more additional monies other than what they intend to give to the charitable cause. Free Will Makes Crypto Donations More Cost-Effective CEO of Free Will...

Cryptocurrency is widely touted as a means of helping black Americans gain access to financial opportunities they otherwise wouldn’t have. However, there are a lot of skeptics out there that say crypto is not doing what it claims. Some Black Investors Don’t Think Crypto Does Enough Cryptocurrency is built on the notion of financial freedom. It is widely stated that those who have been cut off by standard banking institutions or similar enterprises can find use through...

Bitcoin saw its price plunge in late August following a slow, but steady bull run. It looked like the world’s leading digital currency by market cap was on the verge of striking a $25,000 chord, but that clearly was not meant to be as things eventually took a turn for the worse and the asset dipped into the low $20K region again. Bitcoin Saw More Bearish Conditions in Late August The digital currency – along with many of its counterparts – suffered and reached new...

Bitcoin hasn’t been doing super well as of late, but Anthony Scaramucci – the former White House communications director under Donald Trump and the founder of Skybridge Capital – is saying that the price of the asset could reach a whopping $300K in six years. Scaramucci Thinks BTC Will Grow Heavily That’s right. Bitcoin could increase its price more than ten times by the year 2028. In a recent interview, Scaramucci commented: In the next six years, if we are right, if...

A non-profit organization known as the Built with Bitcoin Foundation has put together the funds necessary to build a new hybrid nursery and primary school in the center of Kenya, one of Africa’s most well-known and impoverished countries. Built with Bitcoin Is Making Headway in Africa The company uses bitcoin with the aid of local partners and communities to go around the world and provide things like quality education, proper food supplies, and even clean water to help...