Tag Archives: Bitcoin News

MicroStrategy is arguably a giant in the world of computer software, but at this stage, the company has invested so much money in bitcoin that CEO Michael Saylor says investing in his company is the equivalent of BTC spot trading. Michael Saylor Is Confident in His Company’s BTC Dealings Saylor said these words in a half serious, half joking manner. It has been said before that the company’s stock shares now correlate rather heavily with bitcoin given how much the...

Students are working hard to raise awareness of the growing world of crypto fraud after their teacher was scammed out of $5,000. Deon Wessel was ultimately looking for ways to fund his eventual retirement and came across a crypto scheme that sounded like cash in the bag. Unfortunately, it looks like the scheme has done nothing but empty his pockets even further. Deon Wessel Loses a Lot to Crypto Scammers Wessel was contacted by what appeared to be a legitimate crypto...

Pawtocol – a blockchain platform designed to improve the lives of both pets and their owners – announced the establishment of what’s known as Pawtocol Pet Fund, the first blockchain-powered fund built to assist animal rescues and shelters. Pawtocol Establishes Crypto Pet Fund The company says that 100 percent of all cryptocurrency donations it receives will be provided directly to animals in need, along with the shelters providing them with food and provisions. Colin...

Bitcoin price extended decline below the $37,800 zone against the US Dollar. The price is now trading below $38,500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $39,380 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $39,000 level. Bitcoin price is struggling below $39,000 against the US Dollar. BTC might extend losses if...

Bitcoin is often touted as something that can potentially move the world in the right direction. It allegedly offers people financial freedom and more control over their monetary decisions, and the world’s number one digital currency by market cap appears to be producing solid results in foreign markets and nations. How Is Bitcoin Helping People Around the World? One case where the currency is performing acts of good is in both China and North Korea. Not long ago, North...

The United States is imposing more sanctions on Russia for its alleged involvement in the Ukraine invasion. The country is now saying it will penalize all crypto miners who seek to assist Russia in evading the present regulations set forth by the U.S. and its allies. Russia Is Getting Hit Again The United States has long been at it with Russia. The country potentially invaded Ukraine back in February despite many attempts from the U.S. and other countries to dissuade it...

Phunware, Inc. – an enterprise cloud platform and services firm for global brands – is bringing Matt Lull onboard as its new executive vice president and chief cryptocurrency officer. Lull brings 30 years of financial experience to the role, and his position took effect on April 18 of this year. Phunware Is Growing Its Crypto Abilities The addition of the role suggests digital currencies are now crossing deeply into mainstream territory, and we can likely expect to see...

El Salvador has been the subject of news ever since it declared bitcoin legal tender last September. What a lot of people don’t know is that a town in Switzerland called Lugano decided to follow in the country’s footsteps. The region has made bitcoin official money for its Italian-speaking residents, and while the journey may be slow, bitcoin is reaching the future it was destined for gradually. Lugano Is Headed for Bitcoin Greatness The area didn’t get much publicity...

SFL Maven Corp – a firm that sells luxury goods – has announced it will soon accept bitcoin and other assorted cryptocurrencies as payments. Digital assets can now be utilized to purchase high-end vintage jewelry and other expensive items that are sure to make their owners feel rich. SFL Maven Will Accept BTC for Goods SFL Maven is bringing the initial goals of the crypto world closer to reality. While many of these assets have become rather speculative in recent years,...

A mining company in Denver, Colorado called Crusoe Energy has gotten its hands on $350 million through a new series C funding round led by G2 Venture Partners. Crusoe Energy Just Built Up Its Financial Reserves Crusoe Energy is famous for its ability to use wasted natural gas as power for mining bitcoin units. This is an argument that continues to arise in the crypto mining world. Can miners potentially use renewable energy to mine their assets so that the Earth is not...