Tag Archives: Bitcoin News

Towards the end of May, crypto prices rose somewhat following news that Hong Kong would permit retail trading and move in the opposite direction of its mainland countrymen. Hong Kong Says “Yes” to Crypto Trading Bitcoin, for example, which had been trading in the mid-$26,000 range for several weeks, eventually shot beyond the $27K mark for the first time in a while, while Ethereum – which had fallen into the $1,700 range – shot up to about $1,850. The jumps...

CoinspeakerUAE Emerges as Leading Bitcoin Mining Hub in Middle East The UAE recently opened the biggest nuclear power plant in the Arab world, with a total capacity of 4 gigawatts, and is gearing up for expansion later this year. UAE Emerges as Leading Bitcoin Mining Hub in Middle East

It was recently the 4th of July, aka Independence Day, in America, and let this serve as just another reminder of the independence that users can gain by incorporating digital currency into their lives. America, in Many Ways, IS Bitcoin Close to 250 years ago, the Founding Fathers of America created a new nation; one where everyone was created equal. A nation where people could pursue “life, liberty, and the pursuit of happiness” without oppression, without...

CoinspeakerBitcoin Hits New 2023 High Not Seen in 13 Months The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin. Bitcoin Hits New 2023 High Not Seen in 13 Months

CoinspeakerBlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry. BlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance

Bitcoin price is trading below the $31,250 zone against the US Dollar. The price is now trading above $30,500 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $30,300 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $30,000 support zone. Bitcoin price is showing positive signs above $30,000 against the US Dollar. BTC might correct...

The crypto winter of 2022 may be technically over, but the effects are still being felt. This year, the Miami Bitcoin Conference saw a whopping 50 percent dip in its attendance rate. The Crypto Winter Is Still a Powerful Enemy That means roughly half of last year’s crowd showed up this year, and many are blaming the crypto winter for the drops. Some analysts believe the number may be lower than what’s being reported. For example, this year, roughly 15,000 people...

Former CEO of software giant MicroStrategy Michael Saylor made an appearance at this year’s Miami Bitcoin Conference. He assured all people in attendance that bitcoin is here to stay, and that they shouldn’t worry about the prospects of a currency that, at this stage, has clearly proven itself. Michael Saylor Still Loves BTC Saylor addressed the 2022 bear market and tried hard to calm the investors in the room. Whether they felt concerned about the future of...

Right now, the U.S. government is trapped in a financial fight that has both sides of the political spectrum arguing over the debt ceiling. The Debt Ceiling Issue Could Hurt BTC Democrats and individuals like Treasury Secretary Janet Yellen want the debt ceiling raised, as they believe the U.S. is about to go bankrupt, while the republicans and House Speaker Kevin McCarthy are saying any such hike would result in devastating financial repercussions for the...

CoinspeakerBitcoin Ordinals Launchpad Luminex Announces BRC-69 Standard to Simplify Recursive Inscriptions According to ordinals launchpad Luminex, the BRC-69 standard will make recursive ordinals easy and also create additional enhancements. Bitcoin Ordinals Launchpad Luminex Announces BRC-69 Standard to Simplify Recursive Inscriptions