Tag Archives: Bitcoin News

Many regulators – including Hester Peirce of the Securities and Exchange Commission (SEC) – are claiming that more legislation and monitorization of the cryptocurrency space is necessary if digital assets are going to continue to be adopted by huge companies.Peirce Wants More Rules in the Crypto SpaceOver the past few weeks, several large tech and financial companies – such as Tesla – have invested money into bitcoin, the world’s largest and most popular digital currency. In addition, Tesla...

Apple Pay is now creating a path for crypto fans to pay for items and services with digital currencies. The company has partnered with Bit Pay to unveil a new prepaid Mastercard that customers can attach to their digital wallets should they ever wish to purchase items with crypto.Apple Pay Will Potentially Allow Crypto Payments SoonThe idea of using crypto as a payment method has been around since digital currencies were first born over 12 years ago. Initially, it was decided that these...

Wyoming Senator Cynthia Lummis is a huge fan of Elon Musk, the South African entrepreneur behind SpaceX and electric car company Tesla. She’s now asking him to move to her state given that it allegedly boasts the best cryptocurrency laws, and she is confident he can do a lot for the digital asset space.Cynthia Lummis Wants Elon Musk to Work in WyomingElon Musk, while describing himself as “late to the party” in a recent tweet, is undoubtedly a bitcoin bull at this point, having recently...

The age of institutions has arrived. With companies like MicroStrategy and Tesla investing billions of dollars into bitcoin – the world’s number one digital currency – it appears many leading companies are finding the confidence to follow suit, and now Morgan Stanley – one of the most prominent financial firms in the world – will step into the bitcoin fray according to recent reports.Morgan Stanley Is Getting Involved in BTC TradesMorgan Stanley Investment Management’s Counterpoint Global...

Bitcoin price rallied to a new all-time high near $50,665 against the US Dollar.The price is now consolidating above $48,500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $50,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $51,000 as long as there is no break below the $48,000 support.Bitcoin price is trading in a strong uptrend above $48,000 against the US Dollar. BTC is...

Not long ago, it was being discussed if 2021 would be the year in which a bitcoin-based exchange-traded fund (ETF) would finally be introduced. The product has experienced heavy delays and angry looks from organizations such as the Securities and Exchange Commission (SEC), which claims that bitcoin is too volatile and too vulnerable to fraud and other security issues to ever serve as the basis of an ETF.Canada Will Give the World Its First Bitcoin ETFNow, however, it looks like the way is...

Rapper Jay-Z – along with Square and Twitter CEO Jack Dorsey – are working together to bring more public awareness to bitcoin. The two have partnered up to create a new fund dedicated to the world’s leading digital currency by market cap.Jack Dorsey and Jay-Z Are Working Towards a World of BTCAs part of the project, each figure is giving approximately 500 bitcoin units to a new endowment that’s being called “Btrust.” The money will be used to establish new blockchain firms in both Africa and...

Ever since Tesla purchased more than $1.5 billion worth of bitcoin last week, many more large-scale companies are getting the confidence they need to either examine bitcoin payments or invest in the currency outright. The latest major firm to jump on the bitcoin bandwagon is driving service Uber, which says that it’s considering allowing BTC payments in the future.Uber Is Hopping Aboard the Bitcoin TrainThe idea of bitcoin and cryptocurrency payments has been something of a conundrum over the...

It has become clear that no matter how well bitcoin does, now matter how far it goes or how high its price spikes, there will always be doubters. Nouriel Roubini – often called “Dr. Doom” thanks to his gloomy ideas surrounding the future of crypto – is proof of this.Nouriel Roubini Is Back to His Negative WaysThe recent purchase of approximately $1.5 billion worth of bitcoin by leading car company Tesla has got everyone talking. Traders believe that the move is likely to set bitcoin on an...

Could 2021 finally bring a bitcoin exchange-traded fund (ETF) to life?Is a Bitcoin ETF Heading Our Way?For as long as bitcoin has existed, traders have been waiting with bated breath for a bitcoin ETF. This, in their minds, would bring the asset fully into mainstream territory, but unfortunately, its volatility has long gotten in the way and prevented the currency from attaining the attention it deserves. Several companies have tried and failed to establish a bitcoin ETF for traders to enjoy,...