Tag Archives: Bitcoin News

Senator Rand Paul – a republican representing the state of Kentucky – has expressed strong interest and enthusiasm about bitcoin. Rand Paul Has Caught the BTC Bug While he did not admit to owning any himself, he commented that he is amazed by how much it’s grown over the past few years, and he anticipates things could potentially get even stronger… So much so, that he thinks bitcoin could potentially present serious competition to the U.S. dollar. Bitcoin could even wind...

Just last week, the United States’ first official bitcoin-based exchange-traded fund (ETF) began getting traded on the New York Stock Exchange (NYSE). Released by trading firm Pro Shares, crypto investors feel that the product – while imperfect – is a step in the right direction, and yet the SEC’s Gary Gensler is not as optimistic, and still feels certain things should take place for investors to get the right protection. Gary Gensler: Still Plagued with Worry The...

Anthony Scaramucci – the founder of Sky Bridge Capital and the former White House communications director under President Donald Trump – says that a bitcoin investment he made of roughly $250 million has quadrupled and made him a bitcoin billionaire. Anthony Scaramucci Has Allegedly Made a Lot of Digital Money In a recent interview, Scaramucci explained: I have over a billion in bitcoin now. I started accumulating that position last year. I think that this manifests...

Bitcoin has been surging crazily as of late. The world’s number one digital currency by market cap jumped to about $66,000 per unit about a week ago, though at press time, the asset has fallen to about $63,000. Still, the currency seems to be on a roll. Bitcoin Is Headed for the Moon According to a panel of approximately 50 crypto experts, the asset is going to surge even further throughout the year. Some believe that the currency will potentially hit $80,000 before...

Bitcoin price started a downside correction from well above the $64,000 zone against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $63,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below $59,500. Bitcoin price is back below the $62,000 pivot level against the US Dollar....

Bitcoin has risen to $66,000 per unit over the past few days. The currency is trading higher than it ever has in roughly 12 years, and everyone seems to be ogling the asset that at one point was considered a bubble and a tool for crime. Bitcoin Is Helping People Cope with the Wounds of Fiat As of late, there is plenty of speculation regarding what could have made bitcoin surge in such a way. Some believe it’s the fact that a bitcoin-based exchange-traded fund (ETF) is...

Peter Thiel feels he underestimated bitcoin. The world’s number one digital currency by market cap recently hit a new all-time high of approximately $66,000, though the asset is now down by a few thousand and trading for just over $62,000. Peter Thiel Wishes He Had Invested More in BTC Either way, Thiel implied in a recent interview that he wishes he had gotten more involved with the cryptocurrency and added more units to his portfolio, and he thinks the opportunity to...

Cathie Wood – the founder and CEO of Ark Invest – is acknowledging that the new bitcoin-based exchange-traded fund (ETF) is a step in the right direction. However, she’s not jumping in headfirst. Rather, she’s choosing to take her time and observe things for a little while so that she can better understand how the ETF will work and operate prior to getting involved. Cathie Wood Hasn’t Invested in the BTC ETF Just Yet At a recent conference, Wood was asked if she or her...

Jim Cramer of “Mad Money” fame has reportedly sold off a good chunk of his Ethereum holdings in response to the new bitcoin-based exchange-traded fund (ETF) that has been available since the beginning of last week. Jim Cramer Sells Some of His Ethereum Cramer explained his reasons behind the sale in a recent interview, claiming that he doesn’t feel ETH or bitcoin have peaked yet. He is confident that both assets are going to continue to spike in the coming weeks and...

Volaris – a low-cost airline company based in El Salvador – explained in a recent press release that it will begin accepting bitcoin for plane tickets. El Salvador Is Moving Ahead in the BTC Space The news was confirmed by the country’s president Nayib Bukele and is another push towards a crypto-based society. In a tweet, the president stated: This allows us to increase the offering of flights for Salvadorians, in addition to being the first airline in the world to...