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Tag Archives: Bitcoin News

Charles Edwards: BTC Could Shoot Up with Banks’ Help

Charles Edwards – the digital asset manager at Capriole – says the price of bitcoin could easily shoot up to $20,000 if U.S. banks put in at least one percent of their assets into crypto.Charles Edwards: Banks Can Make BTC Hit $20,000This may be asking much from banks, but one percent, for the most part, isn’t much, and it looks like interest in bitcoin has been increasing over the past several months between both retailers and institutional players alike, so perhaps the figure he’s...

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Financial Companies Like Visa Are Seeing Digital Assets in a More Positive Light

It looks like payment companies such as Visa, Mastercard and PayPal are singing a different – and more positive – tune when it comes to cryptocurrencies.Companies Like Visa Are Having a Change of HeartIn the past, said companies and cryptocurrencies haven’t always gotten along. The reasons are wide and varied, with a big one being that many digital assets have not earned the trust that other payment platforms have received. For example, credits cards have arguably proven themselves over the...

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Tyler Winklevoss: The Time Is Right for Buying BTC

The recent stimulus plan brought forth by the United States has garnered some mixed reactions, but according to Tyler Winklevoss – co-founder of the Gemini Exchange in New York – the move has brought about the prime environment for bitcoin buyers.Tyler Winklevoss: Bitcoin Is Looking Pretty Good Right NowAt press time, bitcoin is just over $9,500, which is a slight drop from where it stood just yesterday. Still, the currency has been on the rise over the past 72 hours ever since it was...

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Steve Wozniak Sues YouTube Over Alleged BTC Scam

Steve Wozniak – the co-founder of Apple Computers – has filed a suit against popular video-streaming website YouTube for allowing bitcoin scammers to use his likeness in their fraudulent advertising.Steve Wozniak Takes Legal ActionThus far, the scam in question is believed to have garnered millions of dollars from users all around the world. While Wozniak is at the center of the lawsuit, the case is a class-action suit that also involves as many as 17 additional victims of the scam who claim...

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Ryan Radloff: Retirees Don’t Have Enough BTC

Most citizens of the United States do not hold any bitcoin or cryptocurrency holdings in their retirement accounts, according to Kingdom Trust CEO Ryan Radloff.Radloff: People Aren’t Holding Enough BTCThe idea of holding crypto in one’s 401K, IRA or other retirement account is a bit shaky. While companies – like Bitcoin IRA – exist to help people do just that, it doesn’t look like a lot of people are taking advantage of the situation. For the most part, this could be attributed to one of two...

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Banks Now Offer Bitcoin and Crypto-Related Services

Bitcoin has shot up at the time of writing, and while Live Bitcoin News just reported two hours ago that that the reason may have something to do with a second round of stimulus checks, perhaps the reasoning for bitcoin’s sudden surge has more to do with the fact that banks and crypto suddenly appear to be getting along.Banks Have Opened the Door to CryptoBanks and crypto have never been the best of friends. For the most part, it seemed as if banks were terrified of cryptocurrencies in that...

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Bitcoin Spikes to $9,600 Following News of Second Stimulus

Bitcoin has shot up beyond $9,600 for the first time in what feels like an eternity, and analysts believe that $10,000 may not be too far off.Bitcoin Is Exploding AgainThe world’s number one cryptocurrency by market cap has been trading in the low $9,000 range for some time. While it has consistently sold above the $9,000 mark since early May, it hasn’t experienced any large breakouts as of late, which has caused disappointment amongst crypto followers to the point that even Google searches...

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Coinbase’s Brian Armstrong Criticizes the Fed

It looks like Coinbase CEO Brian Armstrong isn’t a huge fan of the stimulus checks that went out in May.Armstrong: Printing Money Doesn’t Solve AnythingTwo to three months ago, the United States government began issuing checks of approximately $1,200 to individuals who made less than $75,000 a year. The money was designed to assist citizens during the coronavirus pandemic and give them a little financial boost during what is turning out to be an excruciatingly long period of strife, as many...

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Google BTC-Related Searches Down to Weakest Point Since 2019

Interest in bitcoin is waning, according to the latest Google searches.Is Google Interest in BTC Falling?According to statistics from Google Trends, there haven’t been that many searches on the term “bitcoin” as of late. In fact, these and related searches are at their lowest points since December of last year, which is right before bitcoin began its meteoric rise past the $10,000 mark (it attained this figure in February).The situation presents something of a catch 22 in the sense that while...

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