Tag Archives: Bitcoin News

Leading payments platform Pay Safe has conducted a new survey that suggests more than half the world’s crypto owners would prefer to earn their salaries in bitcoin or other forms of crypto rather than in fiat currency. Pay Safe: Most People Want Crypto-Based Paychecks The study shows that around 55 percent of individuals who own cryptocurrency would prefer to receive their paychecks in digital currency. In addition, approximately 60 percent of young people – anyone...

Fintech merchant services provider and crypto mining firm The OLB Group, Inc. has signed a long-term lease on a 10,000 square foot warehouse in Bradford, Pennsylvania. The building can store as many as 2,000 Antminer machines and is situated in an industrial park near the city’s regional airport as a means of limiting the noise the machines produce and affecting nearby residents. The OLB Group is Bringing Crypto Closer to Home The facility will be fully powered by...

2022 was supposed to be the year in which bitcoin reached the six-figure mark. Many analysts believed that by the end of the year, $100,000 would be achievable for the world’s number one digital currency by market cap. However, given the recent bearish trends bitcoin has been following, a poll released by financial giant JPMorgan suggests that many people are changing their minds. JPMorgan Poll Shows Fewer and Fewer People Believing in the Power of BTC 2021 was arguably...

Lawton Plastic Surgery in San Antonio, Texas is the latest business to say “yes” to cryptocurrency payments. Owned by Dr. Gary Lawton, the facility is supporting assets like bitcoin, Ethereum, and several other altcoins, and has agreed to accept these assets as methods of payment. Lawton Plastic Surgery Will Accept BTC for Procedures In an interview, Dr. Lawton said: Cryptocurrency not only serves as an alternative payment method but can very well be the currency of the...

Bitcoin – the world’s number one digital currency by market cap – briefly fell below the $40,000 mark for the first time in several months. At press time, the asset has risen back to about $41,000 per unit, though the news – for some analysts – suggests that the year is going to be rocky for the virtual coin. Is Bitcoin Feeling Okay? Overall, bitcoin has gotten off to a shaky start in 2022. What was supposed to be a year – according to many industry experts – in which...

A real-estate flipper and crypto scammer named Danial Howe has been forced by Iowa regulators to cash in his crypto savings to pay back a couple he victimized. The Torics are from the European nation of Bosnia and have been calling Iowa their home for the past several years. Not long ago, the couple was facing foreclosure due to financial problems caused by growing medical issues. Danial Howe Loses His Crypto Following Real Estate Scam Iowa attorneys representing the...

If you’re looking to purchase your first house and you’ve got some crypto saved up, your portfolio could provide you with the down payment you’ll need thanks to a new property development company that’s saying “yes” to assets like BTC, ETH, and Doge. The company is Harbor Custom Development, Inc., and the company is opening its doors to crypto payments for real estate. Harbor Custom Seems to Love Crypto Based in Gig Harbor, Washington, Harbor Custom lists a wide array of...

Although the price of bitcoin fell recently, it has still managed to be one of the best performing financial assets of the year. The cryptocurrency has managed to have an amazing year in general, reaching all-time highs twice during the year. Over the year, the cryptocurrency first reached an all-time high during the Spring, when it was selling for almost $64,000, followed by another all-time high of Fall, with over $69,000. The cryptocurrency managed to perform better...

A man in Fayetteville, North Carolina claims to have lost his entire life savings to a cryptocurrency scam. Jaqueall Jackson had as much as $15,000 in crypto saved up but lost it all through a scam investment opportunity he learned about through Facebook. How Jaqueall Jackson Lost All His Crypto In an interview, he stated: That was my entire savings right there. I lost $15,000… I constantly kept getting messages that were getting sent down by people saying the success of...

John Reed Stark – former head of the internet enforcement team with the Securities and Exchange Commission (SEC) – believes that every business in the U.S. accepting cryptocurrency as a method of payment is likely to stop by the time 2024 begins. John Stark Believes Crypto Will Serve No Purpose in 2 Years The reasoning behind his statements has to do with new cryptocurrency reporting laws that are set to take effect after December 31, 2023. The hurdles in the new...