Tag Archives: Bitcoin News

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...

The ‘honest’ mistake did eventually cost Alameda some millions of dollars. An individual simply identified as Baradwaj has dropped a bombshell of an accusation on his former employer Alameda Research. According to him, Alameda, which was owned by Sam Bankman-Fried, played a prominent role in the downward spiral of Bitcoin (BTC) that saw its prices plunge over 87% on Binance.US within minutes. This was back in 2021. At the time, BTC’s price dipped to as low as $8,200 from around $65,760,...

The South American country of Paraguay is allegedly paving the way for crypto adoption like El Salvador, its neighbor to the far north, has. Paraguay Has Caught the Bitcoin Fever The news came by way of congressman and the National Deputy of Paraguay Carlitos Rejala, who said on Twitter that Paraguay needs to do all it can to embrace crypto adoption and utilize it as legal tender like El Salvador. He then attached a picture of himself with laser eyes, the ultimate...

Singapore Red Cross, a humanitarian aid organization, has agreed to accept donations in crypto. At this time, all those looking to give money to the Red Cross can do so through their bitcoin, ether, Tether, and USD Coin accounts. Red Cross Agrees to Crypto Donations The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either...

The price of Bitcoin is still above $27k as investors and stakeholders await monetary policy announcements from regulators worldwide. The price of Bitcoin stayed above $27,000 on Wednesday as most of the largest cryptocurrencies remained barely changed for the most part. The crypto market is likely reacting to investors holding out for official monetary policy announcements from central banks around the world. Earlier, BTC was unable to scale its 50-day moving average as it met with stiff...

Bitcoin price started a decent increase above the $26,500 zone against the US Dollar. The price is now trading above $26,850 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $26,880 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 $26,200 support zone. Bitcoin price is showing positive signs above $26,500 against the US Dollar. BTC...

There has been a lot of speculation as of late regarding the new bitcoin-based exchange-traded fund (ETF) application submitted to the Securities and Exchange Commission (SEC) by BlackRock. Many are calling this a revolutionary moment in crypto, and there are several analysts out there who think it’s going to pave the way for all kinds of good things including future crypto-centered ETFs and a few major bitcoin price booms. Why the BlackRock BTC ETF May not Be the...

While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution. Bitcoin (BTC), the world’s largest cryptocurrency, has been on a bullish but rollercoaster ride since its inception in 2009. Over the years, it has gained popularity as both a cryptocurrency and a fast-growing investment asset. As we approach 2024, the crypto market is bound to continue evolving, and Bitcoin is...