Tag Archives: Bitcoin News

Michael Saylor – the former CEO of software giant MicroStrategy – is predicting big things for bitcoin. Michael Saylor Is Still a BTC Fan Not long ago, Saylor issued a separate interview that clearly showed him to be a full bitcoin maximalist. He insinuated that he would never live it down, nor would he ever lose hope that the world’s number one digital currency by market capitalization would amount to something. In this more recent interview, he took his ideas...

Jerome Powell – the head of the Fed – has announced that due to ongoing stress endured by the American banking system, he and his cronies will likely ease their hiking of interest rates. Strangely, the news has not done great things for bitcoin or crypto. In fact, prices took a small and temporary dive following the announcement. Jerome Powell Hints at Potential Curb to Rate Hikes This is arguably the attitude Powell should have had a long time ago. When banks are...

CoinspeakerBernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification Bernstein believes that going ahead only big players would be able to survive as mining costs continue to rise. Bernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification

CoinspeakerJPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto The report acknowledges that physically-backed Bitcoin ETFs offer certain advantages over futures-based funds. JPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto

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...