Tag Archives: Bitcoin

Cryptocurrency has been all the rage as of late. Many celebrities – from rapper Jay-Z to Twitter head Jack Dorsey – have been consistently jumping onboard, and it looks like Jake Paul – a renowned star of the video and content sharing website YouTube – has been in talks to develop his own cryptocurrency with fellow YouTuber Ben Phillips.Jake Paul Is Clearly a Crypto FanIn a recent interview, Paul commented that no plans have been fully established yet. He also says that this would not be some...

For the first time in history, bitcoin – the world’s number one digital currency by market cap – has surged beyond the $50,000 mark. At press time, the currency has fallen a bit and is now trading in the high $48,000 range, though early this morning, the asset did strike a chord that everyone has been actively anticipating for some time.Bitcoin Has Reached a New MilestoneThe globe’s primary cryptocurrency has been surging since last October. Following an incredibly bearish September, the...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has slunk back a bit from its recent $50,000 excursion. That’s right… The world’s primary digital asset hit the $50K mark early this morning, though at press time, it has seemingly fallen back to a little over $48,000. However, Adam Malolsepszy – a 26-year-old who used to work in the finance industry – is finally embracing the asset for what it is and choosing to get involved.Adam Malolsepszy Steps...

When bitcoin and cryptocurrencies were first created, they were made to potentially replace fiat. The fact is that the Great Recession – which is when bitcoin was first introduced to the world – brought a lot of people’s confidence in standard money and institutions down, and cryptocurrency could have possibly served as the answer they were looking for. However, according to James Bullard – the St. Louis Federal Reserve president – the idea of crypto replacing standard fiat is never going to...

Valentine’s Day is a time of love and affection. A time when couples gift each other with flowers, chocolates, jewelry, a nice meal or anything else that lets the other know how much they mean to them. However, it’s always hard when one’s partner gives off mixed signals, and for bitcoin, that’s exactly what happened during the holiday weekend.Bitcoin Has an Up-and-Down HolidayValentine’s day saw bitcoin spike to nearly $50,000 for the first time in its short, yet significant history. The...

Many regulators – including Hester Peirce of the Securities and Exchange Commission (SEC) – are claiming that more legislation and monitorization of the cryptocurrency space is necessary if digital assets are going to continue to be adopted by huge companies.Peirce Wants More Rules in the Crypto SpaceOver the past few weeks, several large tech and financial companies – such as Tesla – have invested money into bitcoin, the world’s largest and most popular digital currency. In addition, Tesla...

The age of institutions has arrived. With companies like MicroStrategy and Tesla investing billions of dollars into bitcoin – the world’s number one digital currency – it appears many leading companies are finding the confidence to follow suit, and now Morgan Stanley – one of the most prominent financial firms in the world – will step into the bitcoin fray according to recent reports.Morgan Stanley Is Getting Involved in BTC TradesMorgan Stanley Investment Management’s Counterpoint Global...

Bitcoin price rallied to a new all-time high near $50,665 against the US Dollar.The price is now consolidating above $48,500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $50,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $51,000 as long as there is no break below the $48,000 support.Bitcoin price is trading in a strong uptrend above $48,000 against the US Dollar. BTC is...

Despite the huge and ugly lawsuit pending against Ripple, the company’s cryptocurrency XRP has recently incurred a massive gain following news that Tesla has purchased approximately $1.5 billion worth of bitcoin, the world’s leading digital asset by market cap. The news suggests that all smaller altcoins still move in tandem with BTC and have yet to find their own footing in the growing world of digital currency.Ripple Shoots UpFollowing the purchase, XRP rose as much as 15 percent before...

Not long ago, it was being discussed if 2021 would be the year in which a bitcoin-based exchange-traded fund (ETF) would finally be introduced. The product has experienced heavy delays and angry looks from organizations such as the Securities and Exchange Commission (SEC), which claims that bitcoin is too volatile and too vulnerable to fraud and other security issues to ever serve as the basis of an ETF.Canada Will Give the World Its First Bitcoin ETFNow, however, it looks like the way is...