Tag Archives: Bitcoin

Options – which provides cloud services to financial firms all over the world – has announced it will be entering the crypto foray through its new client the Gemini Exchange in New York.The Gemini Exchange Is Becoming More Safe and SecureOptions has tied itself to monetary systems and companies across the globe. Among the services it offers are management solutions, market hosting, TCO reduction and top-of-the-line cybersecurity. Thus far, the company can claim more than 40 clients situated...

Bitcoin is once again proving itself to be a major commodity on the continent of Africa. One small business owner – Abolaji Odunjo – can offer a testament to the cryptocurrency’s power. As a mobile phone provider, he recently did the unthinkable… He began paying his phone suppliers in bitcoin.Africa Continues to Remain Attractive to BTC EnthusiastsAt first, this might seem like a very risky move for both parties involved. For one thing, bitcoin remains very volatile, which means there’s...

The second stimulus check that allegedly got bitcoin moving in a northward direction hasn’t arrived yet. For many, the idea of a second stimulus check likely meant more bitcoin in their pockets, but according to bitcoin analyst of Quantum Economics Jason Deane, using stimulus money to buy more crypto could wind up being a rather disastrous decision.Deane: Stimulus Money Shouldn’t Be Used to Purchase CryptoNews of a second stimulus check has been meandering throughout the headline space over...

Without reiterating too much, this past week has been rather rough for bitcoin. The currency has lost about $2,000 and fallen from $12,000 all the way down to the low $10,000 position. To say that things are bearish for the coin would be something of an understatement.Labor Day Is Here, and That Could be Good for BitcoinAnd yet according to some analysts, this week is going to prove pivotal for the world’s number one cryptocurrency by market cap. This is Labor Day week, which just last month,...

One of the big problems that everyone seems to have with bitcoin and crypto is that they are not as regulated as other financial markets. For the most part, they are designed to be decentralized and give more monetary power to users, but without any regulation at all, things are bound to get out of hand.Bitcoin Regulation May Take On a Different FormNow, some are promoting the idea of bitcoin being regulated the way India regulates its stock market. The idea comes from Deepak Kapoor, a...

Andrew Bailey – governor of Britain’s Central Bank (BCF) – is clearly not a bitcoin fan.Andrew Bailey: BTC Has No Connection to MoneyIn a recent webinar hosted by the financial institution, Bailey took the time to explain bitcoin, stable currencies and central bank digital currencies (CBDCs). While he was relatively positive about the latter two entities, bitcoin appeared to rub him the wrong way, and he wasn’t very complimentary of the world’s number one digital currency by market cap.In the...

Former hedge fund manager turned bitcoin and crypto investor Mike Novogratz appears to have predicted the recent bitcoin crash that’s affected the space. He said not too long ago in an interview that there was a “speculative frenzy” surrounding bitcoin that he thought was getting too out of hand.Mike Novogratz Warned Us About BTCOne of the big problems with bitcoin is that whenever it shows signs of spiking, people – largely new investors – want to get in on the action. This would be fine,...

Bitcoin has risen by roughly $300 today in a surprise twist. While this is nothing to get excited about just yet, it does mean that bitcoin is once again in the five-figure range. As of this morning, it’s been trading for just over $10,200.Bitcoin Has Risen Slightly Over the Past 24 HoursThis potentially puts all the worries that analysts had about bitcoin falling below the $10K line to rest granted the world’s largest cryptocurrency by market cap can potentially remain above this level. If...

As we all know by now, bitcoin is not in its greatest state. The currency continues to delve deeper into oblivion, now trading at roughly $9,900 at the time of writing despite moving beyond the $12,000 line just over a week ago.Bitcoin Is Headed for a Dark PlaceHowever, according to several sources, there were red flags appearing all over the crypto space during these past few weeks, and bitcoin has long been at risk of heading towards an extremely low position on the financial ladder....

For some time now, people within the crypto space have been stating that institutional investors are rushing into the crypto arena and looking to trade digital assets. Following news that Grayscale had traded more than $1 billion in bitcoin during its second quarter, it seems like many other institutional firms have been looking to get a piece of the crypto action.Institutional Investors Keep Heading for the BTC HillsIn other words, it does look like institutional investors are rushing to get...