Tag Archives: Bitcoin News

Crypto crime is no laughing matter and as we have seen in the past, it can take on many forms. It does not always come in the shape of a cyberattack or a hack on an exchange. Rather, sometimes people will try to use crypto to hide their malicious intent. Crypto Crime Isn’t Always a Hack One recent case allegedly involves a man in Rome, Italy, who is presently under house arrest after being accused of paying an attacker approximately $12,000 in BTC to maim his ex-girlfriend. Police claim that...

Several leading digital currency businesses – including Square, Fidelity, Paradigm and Coinbase – are launching an organization known as the Crypto Council for Innovation (CCI) designed to help regulators, policymakers, business owners and investors better understand the benefits of digital currency. The CCI Is Here to Dispel Some Myths The CCI is all about education and seeks to provide the information necessary to ensure companies and individuals alike know what it is...

Hester Pierce – the commissioner of the Securities and Exchange Commission (SEC) – says that she hopes the U.S. government is not stupid enough to try and ban bitcoin activity, as there is no way it could ever stop people from trading it or being involved. Hester Pierce: The Government Can’t Be This Naive Pierce is often dubbed the “Crypto Mom” given her loose stance on cryptocurrency regulation. She believes that many digital assets are legitimate methods of finance,...

Bitcoin rewards company Lolli is getting some attention and money from a lot of big people. The firm recently completed a $5 million pre-Series A funding round that garnered cash from the likes of Serena Williams and her husband. Lolli Just Keeps Getting Bigger Alex Adelman is the co-founder and CEO of Lolli. In a recent interview, he stated that his reasoning behind the firm’s creation was that he wanted to reinvent how people earn rewards for their daily shopping. His...

Mark Yusko – the founder and chief executive officer of Morgan Creek Capital Management – feels that bitcoin has become large enough and strong enough in recent days that it can no longer be ignored by investors or companies. Mark Yusko: We Can’t Ignore Bitcoin In a recent interview, he comments: We really believe that we’ll look back five years from now and it will be deemed fiduciarily imprudent to have zero exposure to digital assets. As it stands, many companies –...

Not too long ago, billionaire investor and owner of the Dallas Mavericks basketball team Mark Cuban commented that he owned quite a bit of bitcoin, but that his crypto portfolio also contained a healthy portion of Ethereum. While his initial sentiment was that Ethereum was considerably closer to a currency that bitcoin was, new ideas have been expressed, and Cuban allegedly seems to think that the future of the crypto space will rely heavily on ETH-based developments....

Coinme – a bitcoin kiosk company operating in the United States – has just installed approximately 300 separate bitcoin cash machines throughout the region of Florida, thereby allowing people to trade bitcoin for cash and vice versa and potentially boost further purchases with cryptocurrency. Coinme Is Building a Crypto Kiosk Community The company is hoping to start out small. Most of the kiosks have been stationed in grocery outlets and similar establishments. This,...

A new report suggests that bitcoin mining operations are likely to exceed the energy requirements of more than 180 countries by the year 2024. Bitcoin Mining Is Needing Too Much Electricity As of late, bitcoin mining has been taking a lot of guff from environmentalists and people who just are not that crazy about the cryptocurrency world. They claim the process of mining bitcoin leaves a harmful mark on the environment – one that is not likely to disappear anytime soon,...

Todd Rosenbluth – head of ETF and mutual fund research at CFRA Research – mentioned in a recent interview that he thinks a bitcoin or crypto-based exchange-traded fund will appear in the United States within the next year or two. Rosenbluth Still Thinks It’ll Be a While Before We See a BTC ETF in the U.S. Rosenbluth comments: We’ve got a number of firms that have either gone through the filing process or have previously filed but are waiting for more clarity. The SEC is...

Bitcoin price failed to clear the $60,000 resistance and corrected lower against the US Dollar. The price is now trading below the $58,500 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $58,650 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong rally if there is a clear break above the $58,650 and $58,800 resistance levels. Bitcoin price is trading in a...