Tag Archives: Bitcoin News

Bitcoin price started a fresh decline from the $27,500 zone against the US Dollar. The price is now trading below $27,000 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $26,350 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $25,850 support zone. Bitcoin price is declining below $26,600 against the US Dollar. BTC might eye...

The topic of bitcoin ETFs is getting a lot stronger now that companies like BlackRock have submitted applications. Not long ago, Rob Nelson – the anchor of Roundtable – and Jordan Fried, the CEO of Immutable Holdings, held a discussion regarding how strong bitcoin ETFs will be in the coming future and what traders and investors can potentially look forward to. Rob Nelson on Bitcoin ETFs Nelson opened the conversation up by stating: Everybody knows that the bitcoin...

Is bitcoin – the world’s number one digital currency by market cap – finally gaining mainstream traction and attention? According to two crypto analysts (Alex Mann of Time Chain and Alyse Killeen at Still Mark), the answer is a resounding “yes.” Mann and Killeen: BTC is Getting More Known In a recent interview, Mann said he thinks bitcoin is no different from any other product or service, and it’s only a matter of time before the world realizes this. He stated:...

Mike Novogratz – the billionaire hedge fund manager of Galaxy Digital and one of the biggest BTC bulls the world has ever known – believes that a bitcoin spot ETF will be approved somewhere within the next six months. A Bitcoin ETF is Almost Here, Novogratz Says In an interview, he commented: It’s a big deal, because both our contacts from the Invesco side and from the BlackRock side get you to think that this is a question of when, not if, that the outside window...

David Rubenstein is a billionaire that’s suddenly seeing bitcoin in a whole new light. He commented in a recent interview that bitcoin is here to stay, and that it’s likely to make huge waves throughout the financial arena. David Rubenstein is a BTC Fan The big thing that’s caused him to change his mind is the fact that BlackRock – one of the biggest standard monetary institutions in the world – has decided to enter the bitcoin industry through a new ETF...

Binance and El Salvador are joining hands to boost the nation’s long-running bitcoin agenda. The digital currency exchange – the biggest and most popular in the world – is garnering two separate licenses to operate in the Central American nation, thus bringing its total world licenses to 18. Binance Gains Ground in El Salvador The documentation was provided by the Central Bank of El Salvador, which is now permitting Binance to serve as a bitcoin services provider...

Crypto scams are more prevalent today than ever. Not long ago, two residents of Southborough were scammed out of more than $31,000 in bitcoin by individuals posing as federal authorities. Crypto Scams Keep Happening One individual lost $30,000 in crypto, while the other lost $1,800. Police lieutenant Sean McCarthy, who oversaw the investigation of the incidents, commented in a recent interview: We’re working with local and state authorities, as well as forensic...

Kaiko Research recently put out a new report suggesting the bitcoin halving set to occur in 2024 isn’t going to aid the world’s number one digital currency. Kaiko Research on the Upcoming BTC Halving There have been many BTC halving events over the years. 2016 and 2020 were big ones, and each time, without fail, they have helped bitcoin along its journey in reaching new price highs. During each of those years, bitcoin reached new price pinnacles that had investors...

The owner of the Carolina Fish Market in Ballantyne, North Carolina is in trouble for using a COVID-based loan to purchase cryptocurrency. James Seidel has been accused of defrauding the Small Business Administration (SBA) using Economic Injury Disaster Loan funds. COVID Fraud Became Rather Prominent The COVID pandemic of 2020 and 2021 brought about a huge string of disasters. The economy tanked, people were out of work, and many businesses were forced to either...

The Securities and Exchange Commission (SEC) is required to give an official decision regarding a new bitcoin-based exchange-traded fund (ETF) application submitted by ARK Invest. The Window for Decision is Closing on the SEC ARK is simply one of eight companies that have submitted such applications over the past few months, the others being Bitwise, VanEck, BlackRock, and WisdomTree to name a few. The application from ARK was submitted as far back as mid-May of...