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Tag Archives: Bitcoin News

Bitcoin Spikes to $8,600; Is the Asset Recovering?

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $8,700.Bitcoin – On a Path to Recovery?Yesterday, the asset was trading at a measly $8,300, the lowest it has been in some time. Thus, the currency has shot up by more than $300 in just 24 hours. Not only is this good news, but it also suggests some truth to a recent piece suggesting that bitcoin, despite all the global problems it was facing, would not fall below the $8,200 line...

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Square Records Heavy BTC Business in 2019

Jack Dorsey’s Square recorded more than $150 million in bitcoin revenue during the final three months of 2019. Dorsey and his company have long been hardcore bitcoin and crypto advocates, with Square ultimately forming its own digital asset division known as Square Crypto.Dorsey and Square Bring in Big BucksThe amount of BTC-based money recorded by Square is upwards of $178 million in total, while Square itself was able to pocket about $3 million in bitcoin revenue. That’s about a 50 percent...

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Analysts: Gold Still Outranks Bitcoin

Bitcoin is good, but gold is still much better.Analysts Say Gold Outranks BTCThat’s the sentiment of most analysts, today. At the time of writing, bitcoin – the number one cryptocurrency by market cap – is not doing so hot. The asset has fallen by another $400 overnight as fears of the coronavirus continue to swell throughout the globe, and it doesn’t look like things are going to ease up anytime soon.There has been an idea meandering throughout the crypto space for some time that gold and...

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Arca and Wilshire Phoenix Bitcoin ETF Is Shot Down

Another bitcoin exchange-traded fund (ETF) proposal is in the garbage. This time, the application came by way of two companies known as Wilshire Phoenix and NYSE Arca Inc., both of which wanted to “mix bitcoin and short-term treasuries.”Arca Is Pushed AsideThe proposal from both ventures was immediately dashed by the Securities and Exchange Commission (SEC), thereby removing another opportunity for crypto enthusiasts to trade professionally. A regulator commented in a statement:The Commission...

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Twitter “Analyst” Claims Bitcoin Won’t Fall Below $8,200

Bitcoin has dropped below the $9,000 mark recently, and things are slow in returning to their original bullish form. While the world’s number one cryptocurrency appears to be on a steady rise (BTC is currently trading at a little over $8,900, a jump from the $8,700 it was experiencing yesterday), the currency is nowhere near the $10,400 it was at roughly two weeks ago.Bitcoin Is In Unfair ShapeThe good news is one source is claiming that bitcoin, despite the recent drop in price, will not...

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#823 Ripple Klage, Steven Seagal ICO Strafe & Crypto Rockstars Konferenz Köln Mai 2020

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 823. Heute sprechen wir über folgende Themen: Ripple kann Klage nicht abwenden, Steven Seagal muss Strafe zahlen für Promotion von ICO & Crypto Rockstars DLT & BLOCKCHAIN Cruise Mai. [embedded content] 1.) Ripple kann Klage nicht abwenden: Ist XRP ein Wertpapier?https://bitcoin-kurier.de/ripple-kann-klage-nicht-abwenden-ist-xrp-ein-wertpapier/ 2.) Steven Seagal Charged by SEC for Promoting 2018...

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It’s in Bad Shape, but BTC Still Has Loyal Fans like Robert Herjavec

No matter how badly bitcoin seems to do, the cryptocurrency always has a long list of loyal followers that will never turn away from it. One such follower is Robert Herjavec, founder and CEO of the Herjavec Group.Herjavec Loves Him Some BTCRecently, Herjavec commented that bitcoin isn’t doing too well because of things like the coronavirus, which is spreading fear across the globe. However, he says that one of the currency’s biggest problems is that companies haven’t adapted enough to its...

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We Shouldn’t Want Buffett to Invest in BTC Right Now

Yesterday, we reported that Berkshire Hathaway CEO Warren Buffett was again bashing bitcoin, and for not taking it seriously, he’s potentially missed out on some big profits.We Shouldn’t Want the Presence of Buffett in CryptoNow, one source claims that if Warren Buffett were to ever change his mind about the world’s number one cryptocurrency by market cap and become a serious investor, that might be a sign that it’s time to sell one’s stash.It’s interesting because Buffett recently sat down...

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Jeff Dorman: Bitcoin Is Not a Safe Haven

Gosh darn it, bitcoin! You were doing so well and now you’ve decided to go and disappoint everyone… Again!Bitcoin Takes Another Nasty TumbleAt the time of writing, the number one cryptocurrency in the world by market cap has fallen to just a little over $8,800. This is about $500 less than where it was trading yesterday, and about $1,600 from where the currency was trading roughly two weeks ago.The fears of the coronavirus are spreading almost as fast as the disease itself. People are...

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#822 Bank of Canada CBDC, Iran Krypto statt Sanktionen & Massive Trader Verluste Bitmex

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 822. Heute sprechen wir über folgende Themen: Bank of Canada arbeitet an Digitalwährung, Iranischer General will Sanktionen umgehen mit Krypto & $190 Millionen auf Bitmex liquidiert.  [embedded content] 1.) Bank of Canada arbeitet an Digitalwährung (CBDC)https://www.btc-echo.de/bank-of-canada-will-eigene-digitalwaehrung-vorbereiten/ 2.) Iranian General Calls for use of Crypto to Evade...

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