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Tag Archives: Bitcoin News

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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Bitcoin Price Analysis: BTC Holds Key Support, Fresh Increase Likely

Bitcoin price started a downside correction from well above $60,000 against the US Dollar. The price is now trading near the $55,000 support and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $54,550 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if it clears the $58,000 and $58,200 resistance levels in the near term. Bitcoin price is holding a major...

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Bitcoin Strikes New All-Time High Following Approval of New COVID Bill

The bitcoin price is really starting to heat up (as if it hadn’t already struck a high point). The currency rose from it’s all-time high of roughly $57,000 per unit to a whopping $61,000 during the early morning hours of Saturday, March 13, 2021, thereby experiencing a price surge that has put all past figures to shame. The currency just keeps booming and booming, and people are anticipating that this bull run is going to last for some time. Bitcoin Has Struck a Stronger...

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Vitalik Buterin Thinks Ethereum Could Eventually Beat Bitcoin

Bitcoin has recently swung into the $60,000 range, thereby spiking to a new all-time high. The currency is stronger than it’s ever been, and many people are now giving it the attention it’s deserved for so long, but that has left many other altcoins – such as Ethereum – out in the dark. Ethereum Is Coming Out Swinging Ethereum is the world’s second-largest cryptocurrency by market cap after bitcoin, and as it’s primary competitor, the asset is consistently seeking to...

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MicroStrategy Buys More BTC; Is the Company Overdoing It?

MicroStrategy – after months of buying bitcoin and crypto – has decided to continue this run of excessive digital asset spending and has just purchased an additional $15 million worth of the world’s number one digital currency by market cap. The company now owns nearly $5 billion in bitcoin and is arguably the most bitcoin-centered institution out there. MicroStrategy Has Bought Another $15 Million in BTC The news is certainly positive in the sense that we all know...

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Peter Schiff On His Son’s BTC Investments

Who would have ever thought that bitcoin could be the cause of so many riffs in families? A big one is occurring between father and son… A master investor and his likely protégé. The fight involves Peter Schiff, a known bitcoin hater, and his son Spencer Schiff, who is now going against his father’s words and investing all his funds into the world’s number one digital currency by market cap. Peter Schiff Is Not Happy About His Son’s BTC Investments The world of...

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Bitcoin Investing Firm River Financial Garners More Than $12 Million in New Funding

Bitcoin financial services provider River Financial has recently gotten its fingers on roughly $12 million in equity through a Series A funding round. River Financial Is On a Serious Roll The event was hosted by Goldcrest Capital and saw the participation of several additional money giants including M13, Castle Island, the Kraft Group, Slow Ventures and Craft Ventures. The company – which is based in San Francisco, California – says it’s planning to use the money to grow...

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fly Exclusive Is Allowing Customers to Pay with Crypto

One of the big things that many industry experts claim will bring bitcoin into mainstream territory is its usage as a valid payment method, and now, thanks to fly Exclusive, it looks like this day may be arriving rather soon. fly Exclusive Is Allowing Crypto Payments fly Exclusive is a company that specializes in private jet charter travel. As a luxury brand, it has announced that all customers looking to fly the friendly skies through its services may do so with the...

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Grayscale Is Hiring a Crypto ETF Unit, Claiming the U.S. Will Soon Follow Canada’s Footsteps

Canada has unveiled three bitcoin-based exchange-traded funds (ETFs) over the past few weeks, and the United States seems to believe that its day in the crypto ETF spotlight is rather close. So much, in fact, that now Grayscale Investments – one of the largest crypto investing firms in America – is hiring an ETF team for the coming future. Grayscale Is Looking to Hire for Its New ETF Divison A crypto-based ETF has been the envy of many people involved in the digital...

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