Tag Archives: Bitcoin News

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has surged to a new all-time high, having broken $50,000 and now trading for just over $51,000. To be fair, the asset has done this once or twice in the past, but it was always followed by a quick drop to the high $48,000 range, suggesting that bitcoin either didn’t have the momentum we all thought it did yet, or the change happened way too fast.Bitcoin Has Shot Up AgainBitcoin has shown in previous...

Cryptocurrency has been all the rage as of late. Many celebrities – from rapper Jay-Z to Twitter head Jack Dorsey – have been consistently jumping onboard, and it looks like Jake Paul – a renowned star of the video and content sharing website YouTube – has been in talks to develop his own cryptocurrency with fellow YouTuber Ben Phillips.Jake Paul Is Clearly a Crypto FanIn a recent interview, Paul commented that no plans have been fully established yet. He also says that this would not be some...

For the first time in history, bitcoin – the world’s number one digital currency by market cap – has surged beyond the $50,000 mark. At press time, the currency has fallen a bit and is now trading in the high $48,000 range, though early this morning, the asset did strike a chord that everyone has been actively anticipating for some time.Bitcoin Has Reached a New MilestoneThe globe’s primary cryptocurrency has been surging since last October. Following an incredibly bearish September, the...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has slunk back a bit from its recent $50,000 excursion. That’s right… The world’s primary digital asset hit the $50K mark early this morning, though at press time, it has seemingly fallen back to a little over $48,000. However, Adam Malolsepszy – a 26-year-old who used to work in the finance industry – is finally embracing the asset for what it is and choosing to get involved.Adam Malolsepszy Steps...

When bitcoin and cryptocurrencies were first created, they were made to potentially replace fiat. The fact is that the Great Recession – which is when bitcoin was first introduced to the world – brought a lot of people’s confidence in standard money and institutions down, and cryptocurrency could have possibly served as the answer they were looking for. However, according to James Bullard – the St. Louis Federal Reserve president – the idea of crypto replacing standard fiat is never going to...

No doubt that with bitcoin and the establishment of the crypto space about 12 years ago came the furthering of financial crime. To this day, many analysts and industry experts express concern regarding the amount of money laundering and other forms of criminal behavior that continue to rock the crypto space and drag it further away from legitimate or mainstream territory.Is Money Laundering as Big a Problem as We Thought?The good news is that while the crime may seem widespread and heavy, new...

Valentine’s Day is a time of love and affection. A time when couples gift each other with flowers, chocolates, jewelry, a nice meal or anything else that lets the other know how much they mean to them. However, it’s always hard when one’s partner gives off mixed signals, and for bitcoin, that’s exactly what happened during the holiday weekend.Bitcoin Has an Up-and-Down HolidayValentine’s day saw bitcoin spike to nearly $50,000 for the first time in its short, yet significant history. The...

Many regulators – including Hester Peirce of the Securities and Exchange Commission (SEC) – are claiming that more legislation and monitorization of the cryptocurrency space is necessary if digital assets are going to continue to be adopted by huge companies.Peirce Wants More Rules in the Crypto SpaceOver the past few weeks, several large tech and financial companies – such as Tesla – have invested money into bitcoin, the world’s largest and most popular digital currency. In addition, Tesla...

Apple Pay is now creating a path for crypto fans to pay for items and services with digital currencies. The company has partnered with Bit Pay to unveil a new prepaid Mastercard that customers can attach to their digital wallets should they ever wish to purchase items with crypto.Apple Pay Will Potentially Allow Crypto Payments SoonThe idea of using crypto as a payment method has been around since digital currencies were first born over 12 years ago. Initially, it was decided that these...

Wyoming Senator Cynthia Lummis is a huge fan of Elon Musk, the South African entrepreneur behind SpaceX and electric car company Tesla. She’s now asking him to move to her state given that it allegedly boasts the best cryptocurrency laws, and she is confident he can do a lot for the digital asset space.Cynthia Lummis Wants Elon Musk to Work in WyomingElon Musk, while describing himself as “late to the party” in a recent tweet, is undoubtedly a bitcoin bull at this point, having recently...