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Tag Archives: Bitcoin News

Jeffrey Sachs: Bitcoin Has No Value

As we have seen in the past, bitcoin doesn’t please everyone. No matter how high it rises or how strong it becomes, the world’s number one digital currency by market always seems to polarize people in ways nobody really considered possible. With bitcoin shooting past $55,000 in recent days, one of the latest haters to emerge is Jeffrey Sachs, a well-known economist. Jeffrey Sachs: Bitcoin Has No Intrinsic Value In a recent conference, Sachs said to all his listeners: I...

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Elon Musk Is Once Again at the Center of a Crypto Scam

Oh boy… What is it about Elon Musk and crypto? The two always seem to attract one another whether they mean to or not, and the most recent example doesn’t put either entity in the best light. Elon Musk Is the Face of Another Crypto Scam Scammers posing as the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX are once again looking to potentially steal people’s bitcoin, and it looks like they are achieving success in some of their...

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Howard Marks Is a True Bitcoin Believer

It’s always nice to see bitcoin turn people into believers, especially those who at one point, seriously doubted the currency and felt nothing but animosity towards it. This isn’t necessarily the case for billionaire investor Howard Marks, but he didn’t always feel extreme positivity towards the world’s number one digital currency by market cap. Howard Marks: BTC Is Better Than an “Emerging Market Currency” Now, looking at the currency and seeing how far it’s come, Marks...

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JPMorgan: Retailers Are Still Outdoing Institutions When It Comes to Crypto

There’s been a lot of talk about institutional investors getting involved in cryptocurrency and bitcoin trading. Companies like MicroStrategy and Tesla have purchased billions in the world’s number one digital currency by market cap, while other financial firms – such as Square, MassMutual and Stone Ridge – have also gotten involved, and yet according to JPMorgan, it’s still retailers that are dominating the crypto investing arena. JPMorgan Comments on the Activity of...

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Adam Traidman Wants People to Learn More About Crypto Before Investing

For many, bitcoin has become a staple investment, but it’s never a good idea for someone to just jump into an entirely new trading arena without having appropriate knowledge to back up their maneuvers, and unfortunately, this is exactly what’s happening. Many new bitcoin investors are suffering from FOMO or fear of missing out, and Adam Traidman – CEO and co-founder of crypto wallet BRD – wishes that people were a little more willing to research crypto before jumping in...

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Nigel Green: BTC Must Be Regulated

With bitcoin having reached a new all-time high in recent days of approximately $61,000 per unit, many analysts and industry heads are calling for more regulation of the cryptocurrency arena. One such figure is Nigel Green, the CEO and founder of deVere Group. Nigel Green on the Importance of Regulation In a recent interview, Green comments: Like it or not, cryptocurrencies, there is no getting around the fact that bitcoin is becoming an increasingly important part of...

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The U.S. Is Becoming a Serious Bitcoin ATM Haven

The bitcoin ATM industry is really starting to heat up. With the price of the asset now trading for well over $50,000, many companies such as Coin Flip and Coin Cloud say that their services and machines are becoming much more marketable, and thus are installing machines where traffic is heavy, and the competition is still low. The Bitcoin ATM Arena Is Growing Like Mad What’s funny is that there hasn’t necessarily been a boost in demand for bitcoin ATMs and similar...

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Bitcoin Takes a Nasty Fall Following Weekend Selloff

Bitcoin recently rose as high as $61,000 per unit, thereby reaching a new all-time high. However, it looks like this sudden surge wasn’t designed to last, as the currency dropped over the weekend to a “measly” $56,000, about $5,000 less than where it stood just a few days ago. Bitcoin Has Incurred a Serious Dip What could have possibly contributed to this drop? This is a question, naturally, that’s making its way through the heads of many analysts and industry experts...

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Survey Suggests Many Stimulus Recipients Will Use Money to Purchase BTC

According to a new survey, the latest round of $1,400 stimulus checks being doled out to Americans making less than $75,000 per year could be utilized in some cases to purchase bitcoin and crypto. A New Survey Is Saying Stimulus Checks Will Be Used to Buy Bitcoin For the most part, we have seen this before. The first round of stimulus checks – Swhich were worth around $1,200 each for the specified people – were initially handed out in April and May of last year. Not long...

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India Is Looking to Move Forward with Its Crypto Ban

Well, after all this talk and chatter, it looks like India is ready to make its cryptocurrency ban official, and anyone who steps out of line will pay penalties and may even serve jail time. India Is Looking at a Full Crypto Ban Soon India has had a very up-and-down relationship with bitcoin and the cryptocurrency space. The country initially banned all crypto businesses from obtaining access to standard financial services back in the year 2018. While trading crypto...

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