Tag Archives: Bitcoin News

Bitcoin hasn’t been doing all that well as of late. The world’s number one digital currency by market cap has seemingly dropped below $50,000 and has stayed there for the past two weeks or so, but while BTC has struggled in the past, the Bank of England has issued a statement explaining BTC has the potential to become “worthless” in the future. The Bank of England Expresses Crypto Concern In New Report In a recent report published by the financial institution, executives...

Alkami Technology Inc. – a company that offers cloud-based solutions to banks and credit unions in the United States – has partnered with the NYDIG to provide bitcoin services to the Idaho Central Credit Union (ICCU). Customers of the bank will now be able to purchase and sell crypto units through its mobile application and its online banking platform. Alkami and the NYDIG Bring Crypto and Traditional Finance Together In an interview, Mark Willden – chief information...

With bitcoin having remained below the $50,000 mark for the past week or so, some analysts are telling traders it’s time to focus on other coins and assets. In addition, the Federal Reserve has completed a two-day meeting that led to some volatility in both prices and interest rates. Bitcoin Hasn’t Been Doing So Hot Lately But while many are saying the time to stay away from BTC has arrived, others – such as Mark Tepper, president of Strategic Wealth Partners – believe...

Gift giving is now in season with Christmas and other holidays right around the corner. If you’ve ever thought about giving friends or a loved one stocks or bitcoin as a holiday present, Cash App is making it easier than ever to do so. Cash App Permits a New Way of Sending BTC Cash App has unveiled a new feature that will permit peer-to-peer payments amongst users. Owned by Block (formerly known as Square), Cash App is permitting users to send bitcoin and traditional...

Canaan Inc – one of the largest bitcoin mining companies in the world – is now the subject of a class-action lawsuit brought forth by several investors through a Manhattan court. A federal judge has ruled that a Hong Kong couple should lead the securities-fraud suit against the firm even though the filing was delivered late. Canaan Is at the Center of a Heavy Suit The decision was made by U.S. District Judge John Cronan, who believes that Bill Lu and Liyang Huang are the...

Robert Kiyosaki – the author of “Rich Dad, Poor Dad” – believes that a huge market crash is coming, and that bitcoin – along with many other assets, such as gold and silver – will come to a screeching halt rather soon. Robert Kiyosaki – The Market Will Suffer Kiyosaki suggests that a huge economic downturn is on the horizon, and he’s looking to invest all he can when the supposed crash occurs. In a series of tweets, he commented: Crash and depression coming. Gold,...

The world’s third largest holder of bitcoin has just bought up a whole lot more. It appears the anonymous whale has purchased as much as $150 million in new BTC units. The news came from Bit Info Charts, a blockchain monitoring service, and suggests the whale bought into bitcoin’s recent dip. A Whale Has Purchased Quite a Bit of BTC At the time of writing, the world’s number one digital currency by market cap has lost quite a bit of momentum. The asset has fallen to...

2021 was certainly the year for cryptocurrency, especially when considering the statements and opinions of well-known social media forums like Reddit. The platform saw cryptocurrency as being the most popular theme amongst users this year, with a record-breaking 6.6 million mentions throughout. Reddit Brings Crypto to Mainstream Territory The term ultimately got more mentions than even “gaming” and “sports.” At the time of writing, Reddit enjoys approximately 430 million...

It looks like cryptocurrency has entered a whole new arena and crossed deep into mainstream territory. According to some financial advisors, everyone should have crypto as part of their portfolios no matter their ages. Cryptocurrency Is Rising to the Top There was a time when financial advisors across America and abroad were telling their clients to avoid cryptocurrency at all costs. The idea was that these assets were dangerous not only because they were volatile and...

Credit card giant Visa has opened an entirely new division designed to provide cryptocurrency advisory services to companies looking to get involved in the growing financial arena. Visa Is Offering Crypto Advice The irony of the situation is that Visa provides users with one of the biggest payment options available today. All one needs to do is sign up, go through a quick background check, and boom! They can get their new card mailed to them granted there isn’t anything...