Tag Archives: Bitcoin

The bitcoin-loving nation of El Salvador has announced a new partnership with the state of Texas. Together, the two regions are planning to open what they’re calling a “bitcoin embassy” as a means of promoting use and increasing adoption. El Salvador Forms BTC Partnership with Texas El Salvador shocked the world in late 2021 when it announced plans to make BTC legal tender. It was the first country to do so. This meant people could go into any shop or business and...

Bitcoin – the world’s number one digital currency by market cap – rose to $25,000 per unit in mid-February, thus giving traders newfound hope that the crypto market can indeed recover from its 2022 lows. Bitcoin Just Keeps Jumping 2022 was the worst year on record for the digital currency space. At the end of November in 2021, the price of bitcoin had risen to $68,000 per unit, the highest it’s ever been. Everyone was confident the space was going to reach all kinds of...

Mike Novogratz – a bitcoin bull and billionaire behind the hedge fund Galaxy Digital – is confident about BTC’s sudden price increases. He believes the currency could hit $30K in the coming weeks, and he’d be extremely “happy” if the asset stayed at that price through the end of the year. Mike Novogratz Doesn’t Think 2023 Will Be a Year of Huge Gains At first glance, this doesn’t sound like the opinion of a true bull. One who falls into this category would likely think...

Bitcoin price started a fresh increase above the $24,000 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $21,950 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $25,250 level. Bitcoin price is showing positive signs above $24,000 against the US Dollar....

The International Monetary Fund (IMF) has stated that the risks surrounding bitcoin use in El Salvador have not necessarily shown themselves yet. However, the agency has reported it’s necessary to stay aware and that El Salvador still warrants both attention and transparency. The IMF Is Still Worried About El Salvador and BTC El Salvador – which at one point was one of the smallest nations in the world and didn’t strike fear or interest in many people’s hearts – has...

Biden and his nation-hating associates have been accused of secretly trying to ban crypto through an Obama-era initiative known as Operation Choke Point 2.0. The plan was designed to cut off any “undesirable” industries from banking services. This includes crypto, which is presently unregulated by the federal government. Biden Shows His Hypocrisy Surrounding BTC… Again Biden has been a complete crypto hypocrite from day one. He and his constituents collected tons of...

Bitcoin price started a fresh decline from the $24,000 zone against the US Dollar. The price is now trading below $23,000 and the 55 simple moving average (4-hours). There is a major bearish trend lien forming with resistance near $22,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline towards the $21,500 and $21,000 levels. Bitcoin price is declining below $23,500 against the US Dollar. BTC might extend losses if it...

Australian computer scientist Craig Wright has found himself on the losing end of a bitcoin-related copyright case. It has been decided by a U.K. judge that the file format of the bitcoin blockchain project can’t be protected by any form of copyright law. Craig Wright Holds a Losing Torch Wright has been at the center of controversy in the crypto space for several years. Not long ago, Wright made the claim that he is Satoshi Nakamoto, the pseudonymous creator of the...

The price of bitcoin went up a bit in early February after it was announced that the Federal Reserve was predicting decreased inflation for 2023. Bitcoin Jumps Following Positive Fed Remarks The words came by way of Jerome Powell, the Federal Reserve chair. He stated in an interview: We expect 2023 to be a year of significant declines in inflation. It’s our job to make sure that that’s the case. My guess is it will take certainly into not just this year, but next year to...

Cathie Wood of Ark Invest believes that by owning Coinbase stock, her new portfolio is enough to knock the Nasdaq into oblivion. She clearly feels Coinbase is going to take the world by storm alongside the likes of bitcoin, Ethereum, and other major forms of crypto. Cathie Wood Thinks BTC and Coinbase Stock Will Shine Wood is particularly pleased with bitcoin’s prospects as of late and stated in a recent interview that she thinks bitcoin could reach a price of more than...