Tag Archives: Bitcoin

Since the latter half of 2020, we have seen several largescale businesses pledge their support for bitcoin. Between MicroStrategy, Square and others, the world is filled to the brim with companies that see the world’s number one digital currency as much more than just a standard, speculative asset, and now Aker ASA, a billion-dollar industrial holding company, is the latest enterprise to suggest that the currency is something special. Aker ASA Is the Latest...

We keep hearing about companies that are accepting bitcoin and cryptocurrencies as forms of payment. Now, another firm – Gaucho Group Holdings, Inc. – is being added to the list of enterprises that see BTC in the same light that they would cash or credit cards. Gaucho Paves the Way for BTC Payments From the very beginning of their creation, cryptocurrencies were designed to one day replace fiat and other standard forms of payment. It was originally thought that a person...

The journey bitcoin has taken has featured both ups and downs. Right now, the currency has been doing better than it ever has, having hit a new all-time high of roughly $57,000 per unit on February 21. This clearly outdoes the $19,000+ it reached in December more than three years ago. Bitcoin Is Stronger Than Ever However, it would be wrong to say that the currency isn’t still suffering a bit at the time of writing, as the asset is now trading for a mere $48,000, which...

Not too long ago, Live Bitcoin News reported that as bitcoin surged, so did many stocks that were associated with various digital tokens and mining operations. At the time of writing, it seems like the world’s number one digital currency by market cap has been struggling to move past the $50,000 mark again. It is currently still stuck at $48,000 after several days, and there are quite a few crypto-based stocks that are now suffering because of it. The Bitcoin Price...

News has emerged that MicroStrategy has purchased even more bitcoin units. This would have otherwise been big news, but unfortunately, this little maneuver on the company’s part failed to make any sort of headway in the crypto space, and bitcoin is still trading for $48,000, which is where it’s been over the past few days. MicroStrategy Has Purchased More Bitcoins What does this mean, exactly? There are a few arguments one can make about this situation, the first being...

Institutional adoption of bitcoin is increasing tenfold, and exchanges are playing a crucial part in garnering these institutions the digital assets they’re so desperate for. Changpeng Zhao – the CEO of Binance, arguably the largest and most popular crypto trading platform in the world – has stated that he’s seeing huge bursts of institutional interest in his company, and that large buys are becoming much more common. Binance Is Seeing Its Clientele Grow Binance came...

A team of analysts with the firm D.A. Davidson suggests that the new Coinbase public listing is going to be an “Amazon” moment for the world of crypto. Coinbase Is Going to Set a “Crypto Precedent” For the most part, the Coinbase listing is a big deal for the digital asset space. The industry has longed for mainstream status and legitimacy for quite some time, but the fact remains that the space has been wrought with fraud and crime, and the volatility of most mainstream...

Who says that bitcoin and the stock market aren’t correlated? Following bitcoin’s meteoric rise beyond the $50,000 line a few days ago, it looks like several crypto-based stocks are potentially following in the asset’s footsteps and are now trading at new highs for the year. Crypto Stocks Have Been Firing on All Cylinders Bitcoin has been on a serious roll as of late. In fact, it can be said that the currency has been on a bullish run for almost a year now, having shot...

Uh oh. It looks like many of the people who invest in bitcoin know little or nothing about it. What does that say about the industry? Bitcoin Investors Don’t Always Seem to Know What They’re Doing Bitcoin is shaping up to be one of the biggest and most popular assets in history. The currency is reaching unprecedented levels, and recently shot beyond the $50,000 mark for the umpteenth time, though it has since incurred a small dip that has brought it back down into the...

Kraken CEO Jesse Powell is taking a page out of Jack Dorsey’s book and claiming that bitcoin will some day be a global currency. Jesse Powell: BTC Will Beat All Fiat Back in 2018, the CEO of both social media giant Twitter and payments company Square claimed that bitcoin would be a global currency. Rather, he stated that it would be the world’s only currency within ten years, and that it would replace all known forms of fiat. While bitcoin hasn’t quite reached this level...