Tag Archives: Bitcoin

It looks like the bitcoin and crypto presence in Africa is growing like crazy.Africa and Bitcoin Are Becoming the Best of FriendsTo be fair, Africa has always loved its bitcoin, but as of late, the continent is proving to be a hotspot for bitcoin adoption, and there are more companies based on bitcoin and crypto activity that appear to be popping up all over the place.One such company is Yellow Card, a bitcoin-buying firm based in the country of Nigeria. Recently, the firm landed as much as...

It looks like a former Uber exec is in a spot of trouble. Joseph Sullivan – the former Chief Security Officer at Uber – has been charged with paying more than $100,000 in bitcoin to hide a data breach of the company that occurred in 2016 rather than coming forward and explaining what had happened to the right authorities.Questions Regarding an Uber Exec’s BehaviorThe attack may have compromised millions of users and drivers. Sullivan has been charged with obstruction of justice and attempting...

Crypto lender and financial services firm Block Fi has garnered roughly $50 million in funding through a Series C funding round. The event was led by venture capital companies such as Morgan Creek Digital and brings its recently raised funds to more than $80 million after a series B round garnered the company as much as $30 million.Block Fi Is Headed to New HeightsBitcoin appears to be growing in popularity as of late, with the price of the asset spiking to new heights and briefly surpassing...

Could bitcoin potentially reach a price of $340,000?The Power and Strength of the Bitcoin PriceThis appears to be the sentiment amongst certain analysts and charting platforms granted bitcoin decides to play all its cards right. Should the currency imitate its 2016 halving behavior, there is a slim chance that it could spike to this range and beyond.As we all remember, bitcoin’s second official halving occurred during the summer of 2016. While not much happened at first, bitcoin’s price...

Recently, bitcoin – the world’s number one cryptocurrency – rose beyond the $12,000 mark all the way to $12,400. This was huge news for every trader, big and small, though at the time of writing, things have shrunk back a little bit for everybody’s favorite digital currency.Bitcoin Has Taken a FallAs it stands, bitcoin is now trading for just over $11,800. While this isn’t as bad as where it stood yesterday ($11,600), things still aren’t quite where they were, and many analysts and industry...

According to one analyst, bitcoin could potentially reach a price of more than $17,000 by the end of the year.Bitcoin Hitting $17K? Chances Are Pretty GoodIn a tweet, Cane Island Alternative Advisors’ Timothy Peterson explained:Odds of bitcoin reaching $17,000 any time during the remainder of the year are about 30 percent.The only problem is that the asset would have to shoot beyond the $12,000 mark for it to reach the said price. If this doesn’t happen, we can’t expect the currency to move...

It looks like bitcoin has let everyone down again. The world’s number one cryptocurrency by market cap has taken a serious turn for the worse and fallen to $11,600 – roughly $400 less than where it was yesterday.Another Bitcoin Fall Is in the BooksThe currency has been on a serious roll after the last few weeks, rising all the way from the mid-$9,000 range to above $12,000. However, now that the currency has broken previously set resistance, the asset is seemingly taking a serious step back....

Bitcoin, no doubt, has been doing quite well as of late. The currency rose as high as $12,400 early yesterday morning, but it’s still second when compared with Tesla stock.Tesla Still Beats Bitcoin in Many WaysIt goes to show you that Elon Musk, the CEO of Tesla, possesses some sort of power that very few of us will ever understand. According to Trading View, a site that allows you to monitor the movements of your favorite stocks, cryptocurrencies and assets, Tesla stock still holds the...

Bitcoin appears to be turning people left and right. Who were once bitcoin haters are now bitcoin lovers, and George Ball – the former Prudential exec who in a recent interview discussed the potential safety of using and holding the world’s number one cryptocurrency by market cap – has explained in a follow-up discussion that the asset’s price is about to explode after Labor Day of this year.George Ball: Bitcoin Will Surge Further in SeptemberBitcoin has been on a serious roll over the past...

Bitcoin has incurred another slight period of growth this morning that took it all the way to $12,400. At the time of writing, the currency has settled down a bit just beyond the $12K mark.Bitcoin Has a High Price; This Keeps Some Traders OutNo matter how you look at the situation, it’s easy to say that the price of bitcoin – the world’s largest and most popular cryptocurrency by market cap – has seemingly entered one of its best bull phases in recent years. At the same time, however, there...