Tag Archives: Bitcoin News

A major bank in Australia known as the Commonwealth Bank will allow users to buy and sell cryptocurrencies through its app. This is a first for such a major institution in the Outback nation. The Commonwealth Bank Is Bringing Crypto to Customers The bank has established partnerships with firms such as the Gemini Exchange in New York and blockchain analysis company Chainalysis to offer the new app to its more than six million users. Individuals can utilize the tool to...

A new cryptocurrency scam is making its way through the digital space, and it’s got the attention of officials in the state of Florida. Regulators are now warning all crypto investors to watch out. How One Scam Is Getting So Much Attention State Attorney General Ashley Moody is referring to the scam as a “bait-and-switch” scheme. The operation works by assisting crypto investors with legitimate trades. Thus, things appear correct, and traders feel like they don’t need to...

Football player Aaron Rodgers is taking part in a new cryptocurrency contest that will see roughly $1 million worth of BTC go to his Twitter followers. Aaron Rodgers Is Pushing BTC Ahead Last Halloween, Rodgers – who plays as a quarterback for the Green Bay Packers in Wisconsin – released the following message on social media: I believe in bitcoin, and the future is bright. That’s why I’m teaming up with Cash App to take a portion of my salary in bitcoin today. To make...

Popular fast food chain Burger King is looking to get involved in the crypto craze through a new contest it’s hosting. Burger King and Crypto… A Solid Match? The restaurant is partnering with trading platform Robinhood to give customers the chance to begin investing in crypto or add more units to their portfolios. The contest is set to last through November 21 of this year, and customers can win an assortment of prizes including several units of Doge or single units of...

Michael Saylor – the man behind software firm MicroStrategy – has become a certified BTC billionaire. Saylor Has a Lot of Bitcoin Both Saylor and his company have done remarkable well when it comes to bitcoin investments. MicroStrategy has continued to invest in the world’s number one digital currency by market cap, adding approximately 9,000 individual units during the September quarter alone. Overall, MicroStrategy owns about 114,000 units of BTC at press time, all of...

Peter Thiel – a tech billionaire and the co-founder of PayPal – said in a recent interview that bitcoin’s recent price surge is a massive sign of incoming inflation, which apparently is getting worse by the minute. Peter Thiel: Bitcoin Is Now a Victim of Inflation In a recent interview, Thiel said the economy was facing a major crisis, and that inflation was the highest it has been in roughly 13 years. He commented: You know, $60,000 bitcoin, I’m not sure that one should...

The town of Rockdale, Texas is small and doesn’t have much of a population. It may not seem like the city has much to offer, but for bitcoin miners, the amount of open space combined with low energy costs is a dream come true, and two big companies – Bit Deer and Riot Blockchain – are duking it out for dominance over the area. Rockdale Is the Envy of Major BTC Miners Both companies are within proximity of each other. In fact, Bit Deer – a division of Bitmain, arguably...

Oscar-winning actor and writer Matt Damon – who received an Academy Award in the late 90s for his work on the screenplay for “Good Will Hunting” – is the world’s latest celebrity crypto rep. Matt Damon Is the New Face of Crypto.com Damon recently shot a commercial that was produced by RESET, the production company of renowned film director David Fincher. The commercial is for Crypto.com, one of the world’s most visited digital currency websites, and features a global ad...

Institutional investor Rich Bernstein said in a recent interview that we are in a complete and massive bubble. Everything – from bitcoin to housing – is spiraling out of control when it comes to prices, and the U.S. – along with other parts of the world – may be on the verge of economic collapse. Richard Bernstein: Investors Need to Watch Out Cryptocurrencies, housing, and tech stocks are all experiencing some of the biggest price booms in history. In addition, the...

Bitcoin price started a fresh increase above the $62,000 zone against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move higher if there is a break above $64,500. Bitcoin price is back above the $62,000 pivot level against the US Dollar. BTC could...