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Tag Archives: Bitcoin News

Larry Fink: Bitcoin Can Do a Lot for the Financial Space

Larry Fink – the CEO of BlackRock, which recently applied to the Securities and Exchange Commission (SEC) for a bitcoin-based exchange-traded fund (ETF) – said he thinks bitcoin is akin to digital gold, and he feels it has the power to truly revolutionize the financial arena. Larry Fink Thinks Highly of BTC The application was initially rejected by Gary Gensler and the SEC, who claimed the details in the document were not comprehensive enough. However, a ray of...

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Bitcoin Price Analysis: BTC At Risk Below $30K

Bitcoin price started a fresh decline below the $29,600 level against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $29,320 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $28,650 and $28,000 levels. Bitcoin price is declining below $29,600 against the US Dollar. BTC might extend losses...

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BTC is Helping Victims of a War in Sudan

There is a war occurring in the African nation of Sudan, and bitcoin is helping residents either survive the rough conditions or escape the nation to freedom. Sudan is in a Rough State The war in Sudan is relatively new, having only begun about four months ago (April of 2023). The conflict has been fueled by many financial issues including record-high inflation, which surged beyond the 350 percent mark in 2021. In addition, the Sudanese banking infrastructure has...

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Why 2023 Has Been a Turnaround Year for Bitcoin

2023 has been a year of great turnaround for bitcoin and analysts are wondering why. Bitcoin Has Seen a Lot of Change This Year For one thing, it appears macroeconomic conditions have loosened up somewhat. While many financial experts still see an economic downturn happening towards the end of the year, talks of a recession of somewhat subsided. Still, things are shaky enough (with bank failures and what not) that people have looked to bitcoin and similar assets...

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Bitcoin Suisse Sees Big Things Happening for Crypto Soon

Crypto firm Bitcoin Suisse is confident another big bull rally is coming for bitcoin, and it wants to be prepared. It’s now reinventing itself as the ultimate “crypto asset manager” and trying to market its services to high-net-worth individuals that have a lot of digital currency to their names. Bitcoin Suisse Sees a Huge Rally Coming Banking veteran and chief executive of Bitcoin Suisse Dirk Klee said in a recent interview that the recent washout of bad actors –...

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