Tag Archives: Bitcoin News

Changpeng Zhao – the CEO of Binance, arguably the largest and most popular cryptocurrency exchange by daily trading volume – has called out Elon Musk over his alleged lack of willingness to accept bitcoin payments for Tesla-based goods and services. Elon Musk Has Attracted Some Backlash from Zhao It appears Zhao has issues with Musk’s recent words regarding the mining process behind bitcoin. While Tesla was initially set to accept bitcoin as a method of payment, Musk...

Bitcoin price started trading in a range above the $34,000 zone against the US Dollar. The price is now trading below the $37,000 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above $39,000 and $40,000. Bitcoin price is attempting an upside break above...

Bitcoin is continuing to suffer as of late. The world’s number one digital currency by market cap has fallen into the darkest realms of the financial space and has lost about $30,000 from its previous all-time high of roughly $64,000, which it achieved in mid-April. Nevertheless, there are many people that stand by the asset, including NFL player Tom Brady. Tom Brady Sure Likes His Crypto In a recent interview, the star quarterback – formerly of the New England Patriots...

A convenience store chain known as Sheetz says that it will be working with Flexa – a digital payment network – to permit bitcoin and cryptocurrency payments at all its locations in the United States. Sheetz Says “Yes” to Crypto Payments Sheetz is a chain that operates primarily on the east coast and in the Midwest. Presently, it boasts more than 620 stores in states such as Pennsylvania, North Carolina, Ohio, and West Virginia. The currencies that people will be able to...

Mark Cuban is a billionaire with a lot of ideas in his head. While he has, for the most part, had a very up-and-down relationship with bitcoin and its altcoin cousins, he recently admitted to being invested in the world’s largest digital currency by market cap. He also claimed to be a fan of ETH given its capabilities with smart contracts. Mark Cuban: I Look at “Blockchains as Networks” In a recent interview, Cuban discussed what it was that brought him onto the...

Bitcoin is crashing. Everybody knows that right about now, and the world’s number one digital currency has fallen to around $34,000 per unit at the time of writing. The currency has lost roughly $30,000 from its previous all-time high of $64,000, which it attained in mid-April, and many are wondering if companies such as Tesla – which purchased a lot of BTC about three months ago – did the right thing with their money. Did Tesla Do the Right Thing Regarding Bitcoin?...

Police in the United Kingdom were flabbergasted after they were forced to switch perspectives mid-assignment. Law enforcement within the country took part in a raid on a specific property thinking that it was growing and housing illegal marijuana. However, upon busting down the doors and looking around, they were confused and surprised to see that it was not a marijuana farm, but rather a large bitcoin mining establishment. Marijuana Farm Turns Out to Be Bitcoin Mining...

In recent weeks, Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has been taking a lot of flack regarding his stance on bitcoin and his alleged role in the asset’s downfall, but according to Cathie Wood of Ark Invest, Musk is going to prove to be one of the most positive figures in the crypto space in the coming future. Elon Musk May Be a Big Part of Crypto in the Future Musk has been highly controversial as of late...

Bitcoin is continuing to tank hard. After falling into the high $30,000 range (between $37K and $38K), the asset has dumped another $3,000 and is now trading for about $35,000 per unit. Thus, the currency has lost about $29,000 overall from its recent all-time high of $64,000, which was attained last April. Bitcoin Tanks Again It is estimated that the world’s number one digital currency by market cap has lost about ten percent of its overall value over the past 24 hours. This represents a...

We are back at it again, folks. The bitcoin-based exchange-traded fund (ETF) game is in play all over again in the United States as the Securities and Exchange Commission (SEC) is now reviewing bitcoin ETF applications submitted by companies such as Fidelity and Sky Bridge Capital, led by Anthony Scaramucci. There Are Still Questions Surrounding a Bitcoin ETF The big question is not whether these products are good or useful in some way, but rather if the SEC finally has...