Tag Archives: Bitcoin News

It’s quite easy to get caught up in the bitcoin hype. After all, the currency is the face of the digital asset market and presently serves as the largest cryptocurrency by market cap. With its recent jump to roughly $40,000 per unit and the establishment of a new all-time high, it’s hard not to keep our focus and attention on it, but we can’t turn our backs on Ethereum or any of the world’s other high-ranking digital assets, many of which are putting bitcoin’s sudden surges to shame.Ethereum...

As we’ve seen before, it doesn’t matter how well bitcoin does or how strong it’s price becomes. There could be a dozen major rallies and there will still be doubters out there. Proof of that exists in Wall Street trader Michael Hartnett, who in a recent interview, referred to bitcoin as the “mother of all bubbles.”Michael Hartnett: BTC is the “Mother of All Bubbles”As it stands, Hartnett doesn’t necessarily believe that the bitcoin price is going to fall. At least he never hinted at this...

One of the big problems with bitcoin in the past has been its volatility and the fact that it’s so vulnerable to price swings. At the time of writing, the volatility it’s known for has been presenting a lot of advantages for traders of the world’s number one cryptocurrency by market cap, but one brokerage firm in the United Kingdom – Marex Spectron Group Ltd. – is still looking for a way to ensure people can make money on crypto while avoiding this volatility.Marex Releases New Bitcoin...

Central Washington – an area that has attracted a high level of bitcoin and crypto mining operations thanks to its low energy costs – has been told to watch out for any signs of bootleg mining companies.Central Washington Is Now Keeping an Eye OutAmong the red flags that the area has been put on high alert for are unusually high energy bills and exhaust fans that operate on a 24-hour scale.The area has been one of the most sought-out regions amongst crypto and bitcoin miners since 2017. At...

Elon Musk – the South African entrepreneur behind billion-dollar ventures like SpaceX and Tesla – says he’s looking to potentially get paid in bitcoin, or at least he’s intrigued by the idea.Elon Musk Wants to Get Paid in BTC?Musk has always been there to give his thoughts and ideas on crypto. The problem is he goes back and forth – so much so that it’s hard to take him seriously. Is he a fan of crypto or not? Is it something he considers revolutionary, or does he believe all crypto will...

Right now, the bitcoin price is trading above $40,000. The asset is doing better than it ever has and it has even reached a new all-time high.The Bitcoin Crash of 2018 Is No Longer LikelyIf this kind of behavior doesn’t sound familiar yet, it should. This is exactly what bitcoin went through three or four years ago. The asset continued to spike and spike like it never had before. It was adding hundreds to thousands of dollars to its price each month and eventually shocked the world when it...

Bitcoin has been surging as of late. At the time of writing, the world’s number one digital currency by market cap has jumped beyond the $40,000 price for the second time this month, but according to billionaire investor Chamath Palihapitiya, the currency is just getting started, and $40,000 is nothing compared to where he believes it will go within the next five to ten years.Chamath Palihapitiya: Bitcoin Will Hit $200,000 Within the Next DecadeIn a recent interview with CNBC, Palihapitiya...

Bill Miller – a value investor – is one of just many people who appear to have changed their tune on bitcoin. It used to be that bitcoin was an extremely worrisome, potentially even dangerous asset to invest in given how volatile it was. It used to be that bitcoin was a currency that was widely vulnerable to outside market influence and that could easily be manipulated.Bill Miller on Bitcoin – When It Gets Bigger, the Risk Goes DownHowever, Miller has said that every time bitcoin strives for...

The bitcoin price has hit $40,000 for the second time this month. While technically the asset had done so during yesterday’s early morning hours, the currency ultimately underwent a bit of a correction later in the day that brought it down into the $39,000 range.Bitcoin Strikes the $40K AnvilNow, however, bitcoin has hit $40K again and it looks like it’s aiming to stay there. In just the last 12 months alone, the bitcoin price has managed to grow by a whopping 400 percent.Many analysts have...

Square has made quite a name for itself in the bitcoin space these past few years. The company – along with its bearded CEO Jack Dorsey – has repeatedly served as an advocate for the world’s number one cryptocurrency by market cap, going so far as to purchase roughly $50 million in BTC last October and serving as one of the few institutional platforms to come out and offer its support publicly.Square Is Set to Make a Lot of BTC-Related DoughIt can be argued that Square contributed to the...