Tag Archives: Bitcoin News

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...

Bitcoin is doing extremely well as of late. The world’s number one cryptocurrency by market cap has once again surged into the $56,000 range and it looks like the asset is again about to hit its all-time high of $57,000. Bitcoin Mining May Be Doing Some Damage However, with this growth comes a few consequences, and one of those consequences is the carbon footprint that allegedly comes with the extraction of new BTC and crypto mining. As BTC’s price expands, we’re going...

Chinese app creator Meitu has made a $40 million crypto investment in a filing to the Hong Kong Stock Exchange. Meitu Buys a Lot of BTC and ETH We are now in an era where bitcoin is being heavily examined by companies and institutional investors across the board. Last August, things got started in this direction with the help of MicroStrategy, a software firm that purchased more than $250 million-worth of the world’s number one cryptocurrency asset, and things didn’t...

The United States government is hosting an auction between March 15 and 17. Under normal circumstances, this wouldn’t be a huge deal, but for crypto fans, things are about to heat up considering that amongst the items set to be auctioned off is just under one full bitcoin, which plenty of high-end investors are likely to want in their portfolios. Another BTC Auction Is in the Playbook The government hosting auctions is nothing new, and to an extent, it’s not like the...

Bitcoin price started a fresh increase above the $52,000 resistance zone against the US Dollar. The price is now trading well above $52,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $51,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $55,000 and $56,000 levels in the near term. Bitcoin price started a fresh rally from $43,000 against the...

Since the latter half of 2020, we have seen several largescale businesses pledge their support for bitcoin. Between MicroStrategy, Square and others, the world is filled to the brim with companies that see the world’s number one digital currency as much more than just a standard, speculative asset, and now Aker ASA, a billion-dollar industrial holding company, is the latest enterprise to suggest that the currency is something special. Aker ASA Is the Latest...