Tag Archives: Bitcoin News

It appears the Wild West days of bitcoin and crypto are over. Many are simply looking at BTC as a portfolio staple – something they need to have if they want to possess necessary diversification. Bitcoin Is Making Its Way Into More Portfolios According to Dan Egan of Betterment fame, the currency remains volatile. We’ve seen another example of that just this week. The currency started this period off at under $40,000 per unit. Now, the currency has risen beyond $43,000....

Republican Senator Ted Cruz of Texas is the latest politician to enter the bitcoin space. Not long ago, Cruz bought the dip that bitcoin was experiencing and purchased roughly $50,000 worth of the world’s most popular digital currency. Ted Cruz Has Jumped on the BTC Train Cruz has long been a serious bitcoin advocate, and thus traders should consider him a friend and ally against Biden’s disastrous digital currency tactics and would-be regulations. Cruz was one of...

Cryptocurrencies have shot up over the past several days. Bitcoin, for example, has gone up past $43,000, while Ethereum has shot past $3,100. Dogecoin has also jumped by more than six percent and is trading for about 15 cents at the time of writing. Bitcoin Is Doing Better Bitcoin has been suffering throughout the new year, and while things are certainly up at press time, it’s likely going to be a while before they fully recover. Bitcoin initially rose to about $68,000...

As if Facebook didn’t already have enough on its plate. After seeing its cryptocurrency dreams come to a sudden end, the social media giant is now facing a massive lawsuit from Australian billionaire Andrew Forrest, who claims that the company did nothing to prevent a crypto scam featuring his likeness from affecting users. Facebook Isn’t Doing So Well Australia is working hard to remove any safe harbor protections that currently apply to social media companies....

The Securities and Exchange Commission (SEC) is planning to introduce some sweeping crypto rules that allegedly would allow regulators to check in on the activities of crypto exchanges and defi platforms. The SEC Is Working to Regulate Crypto at All Costs According to bitcoin and crypto bull Hester Pierce – who is often referred to as the “Crypto Mom” for her pro-bitcoin attitude – this could be very dangerous for the digital currency industry in that the rules are going...

Oscar-winning writer and actor Matt Damon has taken quite a bit of flak for his appearance in a recent advertisement for Crypto.com. Now, it looks like the popular animated television program “South Park” is the latest to jab at Damon for his work with the digital currency exchange. Matt Damon Just Can’t Catch a Break Not long ago, a commercial was featured on television that included the presence of Matt Damon, who is known for his work on films such as “Good Will...

Liam Ghershony – a 25-year-old former crypto enthusiast – has completed a 125-day jail sentence after drugging his father so he could convert more than $400,000 worth of his BTC into Ethereum. What Liam Did to Keep His Dad’s Crypto from Falling Liam was involved in crypto investing with his dad, and together, they began an account that saw them earn more than $350,000 in digital currency profits after taxes. Things were going well, but Liam had a serious drug problem...

Bitcoin price started a fresh increase above the $40,000 zone against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $38,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is now facing a major resistance near $45,000 and might correct lower. Bitcoin price gained pace above $40,000 against the US Dollar. BTC even spiked...

MicroStrategy has already lost nearly $150 million this quarter largely because bitcoin’s price has dipped so much. MicroStrategy Stock Has Fallen Due to BTC It wouldn’t matter if bitcoin fell on its own. The problem is that the company has invested in the digital asset so much that stock shares are practically tied to the digital currency, and thus when BTC falls, the company is likely to fall with it. Chief financial officer Phong Le explained in an interview that the...

Michael Saylor – the man behind MicroStrategy, a software firm that’s made a name for itself buying bitcoin – is confident proper regulation would help the crypto space become more legitimate. He thinks the right rules will be a “catalyst” for BTC, the world’s number one digital currency by market cap. Michael Saylor Is Pro Regulation In a recent interview, Saylor said: Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and...