Mode Global Holdings – a fintech company based in the United Kingdom – has announced that it will convert roughly ten percent of its cash holdings into bitcoin. By doing so, Mode will become the first publicly traded enterprise in the UK to do so.Mode Is Setting a New StandardAs time has gone by, more and more companies are showing interest in bitcoin and want to get their fingers on BTC units given that they believe the asset is far more stable than the US dollar or other forms of fiat due...
Read More »Analysts: Bitcoin Will Soon Strike the $14,000 Mark
Bitcoin is on a serious roll as of late. The world’s number one cryptocurrency by market cap has been surging over the past few days, and it looks like the asset’s price is just getting bigger and bigger with each passing moment.Bitcoin Is Exploding As of LateJust yesterday, bitcoin moved well past the $12,000 mark and was trading for about $12,700, marking the highest point it’s reached in over a year. The last time bitcoin hit $12K was in late August, only then, the asset struggled to...
Read More »Bitcoin Spikes Following Major PayPal Announcement
The world’s number one cryptocurrency has done it once again. The asset that everyone knows as bitcoin has struck a new high now that October has come into play. The currency is presently trading for well over $12,400, marking the highest it’s been since hitting its late August high.Bitcoin Is Back Above $12,000Approximately two months ago, bitcoin hit the $12,400 mark, thereby striking the highest point it’s seen in about a year. Everyone couldn’t help but chat silently about how the bullish...
Read More »Bitcoin Is About to Strike the $12K Mark All Over Again
Bitcoin is on the verge of hitting the $12,000 mark again. This would be the first time the currency has done so in about two months, with late August being the last time the price of the world’s number one cryptocurrency by market cap has come this close.Bitcoin Is Once Again Heading for the TopDuring that time, the asset rose as high as $12,400, though a historically bearish September would then set in and drag bitcoin down to the bottom of the financial ocean, taking its price all the way...
Read More »Analysts: If Stocks Fall, Bitcoin May Follow Suit
Bitcoin is back up again. At the time of writing, the price of the world’s number one cryptocurrency by market cap has surged more than $300, and it is now trading for just over $11,700, marking the highest it’s been in several weeks.Bitcoin May Be Facing Some Trouble SoonThe currency has been on a roll ever since October came about, and analysts are excited to see the currency make another attempt at gloriously reaching $12,000. While it’s still a few hundred dollars off the mark, things...
Read More »The Trial of Alexander Vinnik, an Alleged BTC Thief, Has Begun
The trial of Alexander Vinnik – the man allegedly responsible for a ransomware system that stole more than $157 million – has begun in Paris.Vinnik Will Now Stand Before a JudgeThe story behind Vinnik and his capture is a strange one. Vinnik was initially part of a cryptocurrency exchange known as BTC-e, which at one point, was one of the world’s largest crypto trading companies.Throughout his time with the trading platform, he served as a technical programmer, though it is said that he...
Read More »Max Keiser: Bitcoin Could Soon Reach Nearly $30K
Television host and crypto advocate Max Keiser believes that bitcoin may soon make its way up to the $28,000 mark.Max Keiser: BTC Will Reach a New HighIt’s hard to know whether we should be taking these outlandish propositions regarding the future of the bitcoin price seriously or not. For example, over the past few years we’ve heard big things from the likes of John McAfee and others that bitcoin would hit major pinnacles either this year or in the coming years, but very few of these...
Read More »How Alessandro Euro Hopes to Put an End to BTC Ransomware
A young man who works in the cybersecurity industry that’s considered excellent at what he does is now helping many companies and government agencies eliminate the threat of ransomware. His name is Alessandro Euro, and he’s only 16 years of age, yet many institutions – from Twitter, Robinhood, Capital One and others – are looking for his expertise to help get rid of this problem once and for all.Getting Ransomware Out of the WayRansomware has become a hugely popular method of gaining access...
Read More »Coinbase Will Now Provide Financial Support to BTC Coders
For the first time in it’s long and prominent history, Coinbase – a leading cryptocurrency exchange in the western hemisphere – has announced it will be sponsoring two separate bitcoin developers.Coinbase Is Moving in a Whole New DirectionThis marks a serious change for the trading platform, who in the beginning, has refused to take such a position when it comes to bitcoin and cryptocurrency developers. However, the company has taken quite a bit of backlash over the years for refusing to take...
Read More »Tether May Become the Second-Largest Cryptocurrency Soon
Will stable currencies ultimately take over bitcoin? According to a new report, the controversial stable coin known as Tether is slated to become the second-largest cryptocurrency by market cap as early as next year, and will only be smaller than bitcoin, but how long will that last?Is Tether About to Get Much Bigger?The world of stable coins has doubled in the past few months, and it looks like average traders and retailers alike are getting into the stable coin craze. Even Atari, a video...
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