Tag Archives: Bitcoin News

With the price of bitcoin dropping even further and further down (at the time of writing, the world’s leading digital asset is trading for just under $38,000), many are wondering what kind of rough factors await the crypto space. How Much Lower Will Bitcoin Go? 2022 has been a rough year for BTC and its altcoin cousins, especially when one considers the fact that roughly six months ago, the granddaddy of all crypto was trading for about $30,000 more than where it...

Bentley University – a private higher education institution in Massachusetts – has announced that it’s going to start allowing students to pay for their tuition with cryptocurrencies like bitcoin. Bentley University Says “Yes” to Crypto Payments University president E. LaBrent Chrite explained in an interview: Bentley University is at the forefront in preparing business leaders with the skills and knowledge to succeed in the changing world economy. We’re proud to embrace...

A large, $6.5 million mansion on the coast of Connecticut is up for sale. What’s the big clincher? The seller is willing to accept cryptocurrencies like bitcoin or Ethereum, marking the first time something like this is being done in the area. A Mansion Owner Will Sell Her House for Crypto The property’s listing agent Kevin Sneddon affirms the media and any potential buyers that this is not a joke. The owner is serious about crypto offers, and all looking to trade their...

Jamestown – a global real estate investment and management firm – has partnered with leading digital currency payment enterprise Bit Pay to accept rent payments in bitcoin and assorted digital currencies. Jamestown and Bit Pay Work Together in the Name of Crypto At the time of writing, the plan extends only to properties based in the United States, though Jamestown is hoping to expand its crypto abilities to properties in Europe as well. The move is pushing the goals of...

Jamie Warder – executive vice president and head of digital banking at KeyCorp’s – said in a recent interview that in the future, as all banking becomes digital, cryptocurrencies are going to play large roles in how people engage with money. Warder Is Confident in Crypto In a recent survey that his company conducted, it was revealed that roughly 80 percent of all Americans choose to do their banking online or through other digital means. Warder believes this has...

If you’re in Ohio, Kentucky, or Indiana and you fancy purchasing an automobile with cryptocurrency, you may want to stop by the Jeff Wyler Automotive Family auto center. Recently, the company completed its first vehicular cryptocurrency sale, having sold a certified pre-owned 2021 Mercedes-Benz S580 to someone in Saudi Arabia. Jeff Wyler Automotive Sells a Mercedes for Crypto The news is solid in that it’s pushing the goals of cryptocurrency and bitcoin closer to being...

Several bitcoin advocates – including Jack Dorsey of Twitter fame, Tom Lee from Fundstrat, and Michael Saylor (the CEO of MicroStrategy) – have penned a letter to congressional democrats who are asking that the Environmental Protection Agency (EPA) examine the effects of crypto mining on the planet. Crypto Mining Isn’t the Monster Everyone Thinks It Is The letter is aimed at getting these democrats to rescind their order to have the agency look at the emissions of said...

Elon Musk – the South African billionaire and entrepreneur known for both Tesla and SpaceX – has purchased Twitter from Jack Dorsey. The irony of the situation is that one of the world’s biggest social media platforms is being sold by one of the largest crypto fans to one of the largest crypt fans. Elon Musk Is Now Twitter’s New Owner Elon Musk has sworn up and down that his ownership of Twitter will bring about a new level of free speech that many users have not been...

2022 has been a rough year thus for crypto investors in the sense that bitcoin and many of its altcoin cousins have had a hard time keeping their prices stable. However, the year has also been difficult because thieves have become so prominent in the space. At the time of writing, it appears crypto thieves have stolen more than $1.2 billion in crypto funds in 2022, and we’re not even at the halfway point. Why Are Thieves So Prominent in the Crypto Industry? Mitchell...

It’s always disappointing when someone decides bitcoin isn’t any good. No matter how much the world’s number one digital currency has accomplished in the last few years, it seems there will always be doubters, and amongst them are Berkshire Hathaway executives Warren Buffett and his vice chairman Charlie Munger. Warren Buffett Still Hates Bitcoin At a recent shareholder meeting in Omaha, Nebraska, Buffett was quick to strike down bitcoin and comment about how weak it...