Tag Archives: Bitcoin News

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...

Francis Suarez – the republican mayor of Miami who recently threw his hat into the presidential ring – has announced his intention to accept crypto donations for his campaign. Francis Suarez to Accept BTC Donations This should come as no surprise given what a bitcoin bull Suarez is. He even announced back in 2022 when he began his term as mayor that he would like to garner his paycheck in BTC. He said at the time: I’m going to take my next paycheck 100% in...

Michael Saylor – the founder and former CEO of MicroStrategy – has announced that his company is looking to garner as much bitcoin as it can in the coming months. Michael Saylor Still Loves BTC Saylor has always been a huge bitcoin bull. He first caught the BTC bug back in August of 2020 and began adding the world’s number one digital currency by market cap to his company’s balance sheet when the currency was trading for around $11,000. From there, it exploded and...

Ron DeSantis – the republican governor of Florida who recently threw his hat into the 2024 presidential ring – said that the present commander-in-chief Joe Biden has started a crypto war that will end once he, DeSantis, becomes the next leader of the free world. Ron DeSantis Vows to Open the Crypto Door as President During a recent campaign event in New Hampshire, DeSantis pledged his love and loyalty to bitcoin, continuing a string of pro-crypto statements that...

The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the crypto market. According to an official press release, the new firm will be the first Bitcoin-only trust company. It will combine regulatory compliance...

Mark Yusko – the head executive of Morgan Creek Capital Management, a hedge fund – has stated that bitcoin could reach a price of about $300,000 per unit by the time 2028 rings in. Mark Yusko Has High Hopes for Bitcoin Right now, the gold arena has a market capitalization of about $6 trillion. He believes bitcoin will soon be able to rival the precious metal thanks, in large part, to next year’s scheduled halving. He says BTC is going to experience enough of a...