Tag Archives: Bitcoin News

As bitcoin hits a new all-time high this week of just under $63,000 per unit, it appears that several members of Congress have different feelings towards the world’s number one digital currency by market cap. Kevin McCarthy – the House Minority Leader and a Republican from California – has reported that he is a fan of bitcoin, and that the U.S. government needs to wake up when it comes to implementing the appropriate regulations. Kevin McCarthy: The U.S. Is Losing Out In...

Software firm MicroStrategy is making new headway with bitcoin and says that all its non-employee board members will be paid in BTC rather than cash. MicroStrategy Is Pushing Further Bitcoin Adoption The company has been one of the most supportive of the world’s number one digital currency by market cap. During a time when most of the globe’s institutions were still afraid to step in and take control of the financial reins, MicroStrategy led the way by being one of the...

There is a new cryptocurrency exchange heading to India. The company is called Coinsbit, and while this is not exactly a new trading firm – it has existed in Europe for years – the company is looking to expand into a region that is having a hard time making up its mind about cryptocurrency. Coinsbit Opens Its Doors in India The exchange this time around will be known as Coinsbit India, and all new users who decide to sign up and take part in the know your customer (KYC)...

Raoul Pal – a former hedge fund manager with Goldman Sachs – explained in a recent interview that bitcoin’s volatility should not scare investors off too much. Raoul Pal Is Positive Towards Volatility To an extent, we cannot help but agree somewhat. Everyone wants to make such a big deal out of the price swings that bitcoin and its crypto cousins have been prone to for so long. The fact is that without this volatility in the picture, bitcoin and digital currency...

Today is April 14, the day that Coinbase is slated to hit the stock market. Everyone has been talking about this for some time, and the move is expected to bring the cryptocurrency market even deeper into mainstream territory. As a result of the exchange’s first trading week arriving so fast, the price of bitcoin has jumped beyond the $60,000 mark, and many think the asset is likely to go even higher as trading progresses. Coinbase Is Now Public, and Bitcoin Reacts...

Bitcoin just keeps surging higher and higher, and men like Elon Musk are quick to do their parts in helping the world’s number one digital currency by market cap reach its potential peak. Elon Musk: Bitcoin Is Going “To the Moon” The South African entrepreneur behind such billion-dollar companies as Tesla and SpaceX seems to jump back and forth between his love for Dogecoin and bitcoin. While BTC is considerably larger, there is a special aspect of Doge that seems to...

Financial giant JPMorgan recently stated in a new report that the world’s number one digital currency by market cap – bitcoin – could potentially reach a price of around $130,000 by the time the year is out. JPMorgan Is Predicting Big Things for BTC In the document, JPMorgan writes the following: Considering how big the financial investment into gold is, any such crowding out of gold as an alternative currency implies big upside for bitcoin over the long term. A...

Bitcoin is doing extremely well as of late. Many analysts are contemplating whether the world’s number one digital currency by market cap could potentially reach a six-figure price of around $100,000 or more by the end of the year, and now it looks like Wall Street is beginning to get interested in this idea. Bitcoin Just Keeps Getting Bigger In the past, Wall Street players and banks have often dismissed bitcoin and its fellow crypto mates given that they were volatile...

Peter Thiel – a libertarian and the co-founder of PayPal, arguably the largest digital payment platform in the world – has taken some serious guff over the past week thanks to some comments he made about bitcoin and China. Thiel Doesn’t Want China to Use BTC Against America In a recent interview, Thiel commented that the Chinese could potentially weaponize bitcoin and use it against its enemies like the United States. He recommended harder regulation be put in place so...

Riot Blockchain – arguably one of the largest and most well-known bitcoin and crypto mining firms out there – is set to acquire Whinstone US, Inc. for approximately $80 million. Through the acquisition, Riot gains access to several of the company’s stock shares, as well as additional assets and operations. In all, the total value of the acquisition is said to be more than $650 million. Riot Blockchain Just Bought Whinstone One of the most significant points of the move...