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Tag Archives: Bitcoin News

Haram or Halal? New Program Decides Which Cryptos Are Usable for Muslims

Does a cryptocurrency fall into the haram or halal category? This is a question many Islamic followers have been trying to figure out as they’re intrigued by crypto, yet they’re worried if it will somehow go against their religious beliefs. Which Assets are Halal? In regions such as Saudi Arabia, cryptocurrency is constantly undergoing tests to see if it is Sharia compliant. Many believe it to be no different than gambling, which goes against Islamic law. There are also...

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Michael Saylor Still Believes BTC Has a Ton of Power

Michael Saylor – the former CEO of MicroStrategy – is confident that despite all that’s happened over the past year or so, bitcoin is still a major safe haven for traders and investors. Michael Saylor Still Believes in BTC It’s interesting to see Saylor remain such a bull when it comes to bitcoin given how disastrous some of his BTC bets have been over the past several years. First beginning his bitcoin investments in late 2020, Saylor has continued to add the digital...

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Analysts Point Out a Sudden Lack of Volatility for Crypto

In early February, crypto experienced a small dip after weeks of its main assets (such as bitcoin) riding the bull wave and increasing their prices. Crypto Is Staying Still On or around February 5, the crypto space fell by a little over two percent and wound up stuck at just over $1 trillion. While at first glance it looked like the bears were once again beginning to enter the fray, there were several analysts and crypto players out there who felt the situation was...

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Michael Saylor: FTX Helped Crypto in the Long Run

2022 was a rough year for crypto filled to the brim with failing prices and fraudulent companies. All in all, however, Michael Saylor – the previous head of MicroStrategy – feels everything that’s happened ultimately pushed the space forward in many ways. Michael Saylor on FTX: It Helped Crypto One of the big things that Saylor brought up was the collapse of FTX, which occurred in November of 2022. After several years of being the golden child of the industry and...

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FBI Report Shows Colorado Residents Getting Duped By Crypto Scams

Residents of Colorado have become major targets for crypto criminals according to a new report issued by the Federal Bureau of Investigation (FBI). The FBI Says Many People in Colorado Have Been Targeted The document says that millions of dollars have been stolen from crypto traders and normal, everyday residents in the Centennial State. Many of the scams in question involve stable assets such as Tether and USD Coin (USDC). In a statement, the FBI mentioned: In a common...

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John Musbach Pays $20K in Bitcoin to Have Trial Witness Killed Off

A man from New Jersey – 31-year-old John Michael Musbach – tried to pay a hitman $20K in bitcoin to have a 14-year-old boy killed off. John Michael Musbach Has Been Arrested The boy was allegedly a key witness in an ongoing case against Musbach. Trying to get the boy out of the picture and come out of the situation clean, Musbach sought the aid of a potential hitman to do the job for him, and he tried to do so with bitcoin. His plan failed, and he’s now pleading guilty...

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Bitcoin Price Analysis: BTC Eyes Fresh Increase Above $24K

Bitcoin price started a fresh decline below the $24,000 zone against the US Dollar. The price is now trading below $24,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $23,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $24,000 resistance zone. Bitcoin price is recovering from $23,000 against the US Dollar. BTC might eye...

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The Bitcoin Association Engages in a Few New Hires

In an era where so many other crypto firms appear to be losing employees left and right, the Bitcoin Association – which is responsible for the release of the recent bitcoin SV currency – is bringing some fresh faces onboard. The Bitcoin Association Is Bringing New People Aboard Among the people being hired are Cyrille Albrecht as the new managing director, Ewa Merino as the director of finance and operations, and Marcin Zarakowski as the latest executive committee...

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