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Tag Archives: Bitcoin News

Why Some Feel a BTC ETF Is a Weak Investment Tool

There has been a lot of hype surrounding the recent Pro Shares bitcoin-based exchange-traded fund (ETF). The product has been something traders have long sought, and after many failed applications, it looks like an ETF has finally been unveiled. This ultimately drove bitcoin into reaching its most recent all-time high of approximately $66,000 per unit. Why the Bitcoin ETF Isn’t All It’s Cracked Up to Be While things have appeared rather stable for the past few weeks,...

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Graham Jenkin: 2022 Will Be the Year of the $100K BTC

Graham Jenkin – the CEO of Coin List – claimed in a recent interview that he could easily see bitcoin reaching six figures – approximately $100,000 – by the time 2022 is ready to begin. Graham Jenkin: We’ll See the Six-Figure Bitcoin in 2022 No doubt 2021 has been one of the craziest and most up-and-down years for the world’s number one digital currency by market cap. The asset began the year in the mid-$20,000 range, which was already considerably higher than it had...

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El Salvador Just Bought a Whole Lotta Bitcoin

Nayib Bukele – the president of El Salvador – has confirmed a purchase of approximately 420 bitcoins now that the currency has fallen below the $60,000 line. Bukele stated that he and his country are looking to “buy the dip” and expand their crypto horizons through the purchase. El Salvador Adds a Lot of BTC to Its Stash Not long ago, the world’s number one digital asset by market cap rose as high as $66,000 per unit. Now, the currency has fallen into a bit of a hole and...

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Bitcoin is Generational Wealth – A Short Film by Matt Hornick and Tomer Strolight – World Premiere

“Bitcoin Is Generational Wealth” is a short film exploring the potential Bitcoin has to extend the timeframe of the projects humanity focuses on and actually achieves. Across recorded history, cycles of rise and fall, both of civilizations themselves and of what they use for money, repeat time and again. We are experiencing another fall now and it is horrifying to observe. However, for the first time in humanity’s existence, something unprecedented arrives – a money that...

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Survey Suggests Bitcoin Ownership Is Still Rather Limited

Despite having the goal of being widespread and utilized by many people throughout the globe, bitcoin, it turns out, is still experiencing very concentrated ownership according to a new survey conducted by the National Bureau of Economic Research. Bitcoin Isn’t Falling Into Too Many Hands Bitcoin was built as a means of giving financial freedom and power back to the common people. Right now, the world’s financial systems are largely governed by centralized banks that...

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UK Boy Arrested After Using Stolen Funds to Buy Crypto

A teenage boy in the town of Lincolnshire in the United Kingdom has been issued with a 12-month rehabilitation order after he created a phony website that cheated dozens of people out of money that was later used to purchase cryptocurrency. At the time of writing, these digital funds – worth approximately two million pounds – have been confiscated by law enforcement agents. UK Boy Is Seeing His Assets Taken The boy is remaining anonymous at press time, though according...

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Future FinTech Picks Paraguay to Host Its New Crypto Mining Site

Blockchain and e-commerce firm Future FinTech Group Inc. is looking to build a new crypto mining farm in the South American nation of Paraguay. Future FinTech Brings Crypto Mining to South America The country’s minister of social development and the mayor of the city of Coronel Oviedo announced that they’ve had discussions with many of the firm’s executives regarding the development of its plans and the proposed site. In addition, the former deputy minister of national...

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Bitcoin Is Undergoing a Correction; Falls to Less Than $59,000

A bitcoin correction has occurred. Just under two weeks ago, the world’s number one digital currency by market cap was trading for a whopping $66,000 per unit – the highest it’s ever been in its 12-year history. However, at press time, the currency has lost about $7,000, but this doesn’t necessarily constitute a crash in some analysts’ eyes. Bitcoin Has Fallen… But Should We Worry? We have all seen this before. Bitcoin goes up, bitcoin goes down. It’s a constant cycle in...

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Mogo Is Looking to Plant Trees to Offset BTC’s Carbon Emissions

Digital payments and financial technology firm Mogo Inc. has created what it’s calling the world’s first official “green” version of bitcoin. The item in question is not necessarily a product, but rather an initiative. For every bitcoin unit purchased through its system, the company will plant trees and work to offset the carbon emissions allegedly caused by bitcoin and crypto mining. Mogo Is Trying to Make the Crypto World Greener The argument surrounding bitcoin’s growing carbon levels has...

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Tom Brady Pays Fan an Entire Bitcoin to Get a Special Ball Back

Football legend and team member of the Tampa Bay Buccaneers Tom Brady has paid a fan an entire bitcoin to get a special football back. Tom Brady Parts with BTC, Gets a Football In a recent interview, Brady recounts throwing his 600th touchdown ball to wide receiver Mike Evans. No player has ever achieved such a touchdown milestone, and this made the ball one of the most special items in the history of the sport. Unfortunately, Evans did not realize the significance of...

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