Tag Archives: Bitcoin News

Rick Synrod – a former executive with 401k and retirement giant Fidelity – will take over as the new chief operations officer for Bitcoin IRA, a digital currency platform that allows people to place their retirement funds in crypto. Rick Synrod Will Join Hands with Bitcoin IRA Synrod will be responsible for overseeing digital asset operations in his new role. He will also monitor processes, policies, and strategies designed to make Bitcoin IRA reach its financial goals....

Blockchain analysis firm Chainalysis has put out a recent report claiming that from the beginning of the year up through July, just under $2 billion in crypto funds have been stolen by hackers and cyberthieves around the world. Chainalysis Discusses Ongoing Crypto Theft Losses from crypto hacks surged by more than 60 percent in just the first seven months of 2022 alone. Many of these funds were stolen from decentralized exchanges given that they are far less regulated...

There are more hotels around the world willing to accept crypto for room stays and additional payments. It looks like the worlds of digital currency and hospitality are coming together once and for all as more resorts have opened their hearts to the assets. Hotels and Crypto… A Perfect Match! The moves are 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...

Anthony Scaramucci – the man behind Skybridge Capital and a former employee in the Trump administration – said in a recent interview that despite the recent crash, he’s confident bitcoin is in a good place. Anthony Scaramucci on the State of BTC He says bitcoin is going to experience a “demand shock” in the coming months, meaning everyone is going to want in again and the price of the asset could spike like nobody’s business. He’s confident the currency is going to make...

Alex Adelman – the founder and CEO of bitcoin platform Lolli – sat down to discuss the state of the bitcoin industry. He talked about recent rallies and how people can earn bitcoin while shopping. Alex Adelman Discusses Crypto When talking about how his own company has fared throughout the recent crash, Adelman said: People right now are looking to save money wherever they can. We’ve created the easiest way for them to save money in the form of bitcoin. So, we’ve...

The battle for a crypto-based exchange-traded fund (ETF) is still occurring, and now it looks like Charles Schwab – one of the world’s largest financial institutions – is getting involved and earning a few winning marks in the process. Charles Schwab Is Getting Involved in Crypto Not long ago, Charles Schwab Asset Management announced plans for what it’s calling the Schwab Crypto Thematic ETF (STCE). The product will allow investors and clients of the institution to gain...

As the crypto space continues to crash and burn, many lawsuits from unhappy investors that have likely lost thousands or even millions of dollars in the past few months are beginning to pile up. One of the most recent lawsuits to come to light is against Mark Cuban, a billionaire investor and crypto bull, and the basketball team he owns, the Dallas Mavericks. Mark Cuban May Be Headed for Court The team and Cuban are being sued for their promotion of Voyager Digital, a...

It was announced not too long ago that investment giant BlackRock had partnered with leading digital currency exchange Coinbase to give its clients the opportunity to invest in crypto assets. Now, it looks like the company is taking its digital currency agenda one step further. BlackRock Will Offer BTC Spot Trading to Institutional Clients BlackRock has announced the launch of a new private trust for institutions so they can garner spot BTC exposure. This is a big deal...

Is bitcoin due for another bull run in the coming weeks? The world’s number one digital currency could add a few thousand dollars to its price soon according to crypto analyst Marcus Sotiriou, who stated in a recent interview that the asset could find itself trading for about $26,000. Marcus Sotiriou Believes BTC May Experience a Slight Comeback While this number is nothing to get too excited over, it will likely be a nice breath of fresh air for many clients and traders...

Ben Armstrong is just one of a few social media influencers that regret talking about and promoting cryptocurrency projects. Ben Armstrong Feels Bad About Past Endorsements Armstrong has been engaged in the practice for years. He is one of the most-watched crypto influencers on YouTube. At the time of writing, he has garnered more than 1.5 million subscribers, and for a long time, he accepted payments from crypto companies and projects who were willing to dole out cold,...