Tag Archives: Bitcoin

Nearly $1 billion in crypto funds that have ties to the Silk Road dark web are being transferred to other wallet addresses.The Shakers Behind Silk RoadAs we all remember, Silk Road was a dark online market allegedly founded by Ross Ulbricht, who is presently serving a life sentence for his role in the creation of the platform. The website was available to anyone looking to purchase drugs, guns or other contraband with bitcoin. The government shut the company down about seven years ago.But if...

According to many analysts, the $14,000 price that bitcoin reached on Halloween this year wasn’t a fluke. They claim that bitcoin has become much stronger in recent weeks, and that the currency is likely to reach this position again soon.Bitcoin Will Hit $14,000 Again This YearThere are several reasons as to why bitcoin is likely to hit $14,000 again in the coming days. According to key indicators and technical charts, Google searches pertaining to bitcoin have slowed down heavily in recent...

Bitcoin has fallen behind a little as of late, with its price taking a dip from around $13,850 to $13,400. However, as of today, the currency is back up in the $13,700 range, and analysts and industry experts everywhere believe that more price bumps are headed our way in the coming days and weeks.What Made Bitcoin Fall Back, Anyway?A lot of individuals believe that the reason bitcoin fell back so badly is because there are many traders out there who sold their bitcoin stashes – either all or...

Block Card – a fintech and cryptocurrency firm established by Ternio – is joining hands with peer to peer (P2P) bitcoin platform Paxful to give users access to a new kind of digital debit card. According to a statement, the card will be available to residents of the United States, who will have the opportunity to convert digital currencies into USD for the purpose of buying goods and services. They can also open bank accounts and withdraw money from ATMs around the world.Paxful and Ternio...

“Trick or treat! Trick or treat! Boy, this bitcoin can’t be beat!” That’s probably the little rhyme a lot of trick or treaters in Canada were saying to themselves and to each other after they received $100 in BTC each this year on Halloween.Halloween Isn’t Just About Candy AnymoreThe digital treats were handed out by Canadian author and partner at X Squared Ventures Brad Mills, who instead of candy this holiday season, decided to pass out bitcoin to all the kids who came by his house on...

Bitcoin price started a strong increase above the $13,550 and $13,600 resistance levels against the US Dollar.The price is now trading well above the $13,700 support and the 55 SMA (H4).There was a break above a major bearish trend line with resistance near $13,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to find support near the $13,700 and $13,600 levels.Bitcoin price is showing positive signs above the...

As we’ve all noticed by now, bitcoin is surging like it never has in the last three years. The currency is presently trading for about $13,850, just under $14,000 which it allegedly hit a few days ago for a brief period, and many are expecting the currency to strike this level again before the year is out.Bitcoin Is Jumping AgainInvestors and analysts throughout the crypto space are wondering what could potentially be driving bitcoin to such high marks. There are many things out there that...

With the presidential election happening so soon, many analysts and industry experts are wondering how solid bitcoin’s future will be. Each candidate represents a different outcome for the world’s number one digital currency. Many analysts believe that the economy will be considerably stronger under Donald Trump, which means that the price of BTC could potentially be slow to rise, while Biden is likely to bring falls in the stock market, which may give bitcoin a chance to spike faster.Will...

With so many institutions working to get their fingers on bitcoin – which is turning out to be the asset of the century – it’s a wonder that larger companies aren’t working to do so as well. According to Raoul Pal – a former executive at Goldman Sachs – this is exactly what’s going to happen within five years, and large tech firms, such as Apple and Microsoft, will be investing in the world’s number one digital currency by market cap.Raoul Pal: In Five Years, Big Companies Will Want BTC2020...

With the U.S. presidential election coming up in just a few days, many are wondering which candidate is better for bitcoin, and whether bitcoin will spike or fall once the election results are announced. However, according to Jeff Dorman – chief investment officer at hedge fund Arca – the price of bitcoin doesn’t really care who wins and is likely to expand its horizons no matter who is declared the winner.Jeff Dorman: BTC Will Be in Good Shape No Matter WhatDorman has commented that the most...