Tag Archives: Bitcoin News

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...

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...

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...

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...

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...

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...

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...

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...

Legendary investor Mark Mobius is warning the world that should bitcoin ever experience a sharp decline in the coming future, tech stocks would be struck “very badly” by the move. Mark Mobius on Bitcoin: It Can’t Fall! Today, the price of bitcoin is back up to $57,000 per unit. Thus, the currency is once again at the all-time high it attained in early February. However, the currency gave us a bit of a scare following that time considering it staggered and fell below the...

Luxury hotel group Kessler Collection has announced that it is allowing all its customers to pay for their hotel rooms with various cryptocurrencies such as bitcoin, bitcoin cash, Ethereum and Dogecoin. Kessler Collection Paves the Way for Crypto Payments Since the day that the first bitcoin was mined in early 2009, it was deemed that cryptocurrencies would one day replace fiat. That they would ultimately rise to the occasion as payment methods and outdo regular money...