Tag Archives: Bitcoin News

Crypto analysts are convinced that 2022 will be the year in which a real bitcoin-based exchange-traded fund (ETF) comes about. To be fair, one already exists; it was established last year by Pro Shares, but that one is based on bitcoin futures. This new one, they believe, will be based on spot trading. In other words, it will be real. Will a Spot Bitcoin ETF Come About This Year? The sentiment comes following the Securities and Exchange Commission (SEC) approving an...

Alena Vorobiova is a Ukrainian immigrant who says that bitcoin is a true savior. She recently had crypto transferred from the United States to her phone in Poland through what’s known as the Lightning Network. She received it very quickly, which proved useful given the lack of electronic banking in the area now that Russia has allegedly invaded Ukraine. The Lightning Network Is Being Put to Good Use The battle between Russia and Ukraine has been occurring for the past...

Janet Yellen – the Treasury Secretary – is all up in arms about bitcoin and cryptocurrencies and is super eager to get them regulated. Janet Yellen Issues Her Stance on Crypto Her words come at a time when many of the world’s leading digital currencies are in the red. Bitcoin, for example, is down 15 percent from its March highs, while BNB is down nearly four percent. Ethereum is down nearly eight percent, and Solana and Cardarno are down about 14 and 13 percent...

Not long ago, tech investor Peter Thiel – who is known for his role in the creation of PayPal, one of the largest and most popular digital payment systems in the world – took aim at Warren Buffett, calling him a “psychopathic grandpa from Omaha.” This was in response to Buffett’s repeated attacks on bitcoin. Buffett has referred to BTC “rat poison squared” in the past. Peter Thiel and Warren Buffett Fight It Out Over BTC Thiel also hit out at Jamie Dimon, the man behind...

Bitcoin price extended decline below the $38,000 zone against the US Dollar. The price is now trading below $39,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $39,250 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 $39,400 level. Bitcoin price is struggling below $40,000 against the US Dollar. BTC might extend losses if...

Antoni Trenchev – CEO of crypto trading platform Nexo – is confident bitcoin could reach a price of $100,000 by the end of this year. Bitcoin Is Destined for Big Things, It Seems Bitcoin has been on something of a downward spiral as of late. The world’s number one digital currency by market cap hit a new all-time high back in November of last year, reaching a whopping $68,000 per unit at the time. However, since then, the currency has been backtracking, and never has...

Amazon has emerged with some rather disappointing news for crypto fans. The company appears to have gone back and forth in time when it comes to accepting crypto payments, and now it looks like the company is not quite ready to move in that direction. Amazon Eliminates All Hope of Crypto Payments Amazon is one of the largest – if not the largest – retailer in the world. The online selling giant initially started out as a place to buy books, but now it seems like you can...

Analysts and crypto experts are warning against all levels of bitcoin scams, which have become rather common over the past year. Bitcoin and Crypto Scams Continue to Be Troublesome Since bitcoin began shooting up in price in mid-2020, crypto scam artists have been entering the fray in droves. The Federal Trade Commission (FTC), for example, received more than 7,000 individual reports of crypto scams between October 2020 and March 2021. As much as $80 million had been...

Buying a house is never easy. Between finding the right one, mustering up the funds necessary for a down payment, and signing all the required paperwork, it can be rather overwhelming, and it’s probably one of the biggest and most important decisions you’ll ever make. You Can Buy a House with BTC or ETH Up until this point, buying a house was especially difficult for crypto fans, as many mortgage companies were not willing to accept cryptocurrency in exchange for a valid...

Several crypto mining firms are trying very hard to transition to renewable energy. Crypto Mining Energy Sources Are Still Points of Heavy Arguing The arguments surrounding crypto mining have been permeating the space for years. While there are some analysts and industry heads out there who claim the space is not as damaging to Earth’s atmosphere as one would think, there are many environmentalists who claim otherwise, no matter what’s thrown at them. It also doesn’t...