Tag Archives: Bitcoin News

From both ends of the world, bitcoin is the target of much speculation. In the west, it appears to be the subject of positivity, with the likes of Citibank commenting that bitcoin is likely to be at the center of much cultural and revolutionary change. In the east, countries like China are looking to implement serious limits on bitcoin and crypto mining. With both sides offering opposing views, it looks like bitcoin has used this time to heal some of its wounds and...

The bitcoin space was supposed to be decentralized. One that was controlled by the people that owned it. It was supposed to give people more financial independence and say in their futures. However, light is being shed on an arena that is now largely controlled by a small group of crypto-centered businessmen. Is Bitcoin Remaining Decentralized? As it turns out, more than 95 percent of the world’s total bitcoins are stored within two percent of the world’s crypto...

Imagine a world where bitcoin and cryptocurrency just completely took over. There are no more standard financial investment tools, and things like stocks and bonds cease to exist. The entire world is based on cryptocurrency, and everything is paid for in bitcoin. While it may be many years until we reach a society like this, Cathie Wood of ARK Invest thinks we’re heading in that direction. Cathie Wood: BTC Will Replace Bonds In a recent interview, the monetary executive...

Bitcoin has been a major focal point of discussion as of late. The world’s number one digital currency by market cap experienced a record bull run during the month of February, but during the final days of the month, the currency came crashing down and experienced a $10,000 dip. The asset fell from roughly $56,000 per unit to about $46,000, which is what it remains at still. The Latest Bitcoin Slip Hasn’t Caused Many People to Turn Despite this mega drop, the currency...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – isn’t doing so hot. The currency has fallen to about $46,000 per unit at press time, meaning it is now about $10,000 lower than where it stood during the early portion of last week. Things are not looking good for the asset, but how much of this is just part of a healthy correction? Bitcoin Has Taken an Ugly Dip As it turns out, things may be a little more extreme than normal. While...

Bitcoin has taken a turn for the worse, but while the move may not look great on paper, it turns out things are going quite well for some of the institutional traders that have yet to step into the cryptocurrency arena. Many institutions are using the recent bitcoin price dip as an opportunity to buy at a lesser price and get their fingers on an asset that many companies have been going crazy over for the past six months. Bitcoin Has Taken an Ugly Stumble Things really...

Brian Armstrong – the CEO of Coinbase – is saying that if Satoshi Nakamoto were to ever reveal his full identity, there would be serious repercussions for both bitcoin and its many investors. Satoshi Nakamoto Should Always Stay Hidden Not long ago, the company had decided that it was going to go public through a direct filing. In documents related to the filing, the digital exchange claims that Satoshi Nakamoto is a “risk factor,” and that the real identification of the...

A bitcoin scam involving a bunch of house renters has taken place in the city of Vallejo, California. In what is certainly a unique spin on scam-based bitcoin behavior, it appears someone pretended to be a landlord of a vacant home and said that a $2,000 down payment in BTC was all that was needed to give a family a new place to live, but things weren’t as simple as they seemed… How Bitcoin Scams Are Taking on New Form In the crypto space, traders and buyers often go by...

MicroStrategy has established itself as one of bitcoin’s biggest fans in recent months. MicroStrategy Buys a Lot More Bitcoin The company was one of the first institutional players to come out publicly and support the world’s primary digital currency by market cap through a purchase of more than $250 million worth of the asset last August. Things didn’t quite stop there, however, as the company felt this wasn’t enough and engaged in another buy of the cryptocurrency just...

It’s not like we didn’t know that Square – the financial payment firm owned and operated by Jack Dorsey of Twitter fame – was a bitcoin fan. Dorsey himself has been advocating for bitcoin for the past several years, even going so far as to claim in 2018 that it would be the world’s only currency within ten years. In addition, Square was one of the first institutions to pledge support for the world’s number one digital currency back in October of last year when it...