Tag Archives: Bitcoin

The recent stimulus plan brought forth by the United States has garnered some mixed reactions, but according to Tyler Winklevoss – co-founder of the Gemini Exchange in New York – the move has brought about the prime environment for bitcoin buyers.Tyler Winklevoss: Bitcoin Is Looking Pretty Good Right NowAt press time, bitcoin is just over $9,500, which is a slight drop from where it stood just yesterday. Still, the currency has been on the rise over the past 72 hours ever since it was...

Most citizens of the United States do not hold any bitcoin or cryptocurrency holdings in their retirement accounts, according to Kingdom Trust CEO Ryan Radloff.Radloff: People Aren’t Holding Enough BTCThe idea of holding crypto in one’s 401K, IRA or other retirement account is a bit shaky. While companies – like Bitcoin IRA – exist to help people do just that, it doesn’t look like a lot of people are taking advantage of the situation. For the most part, this could be attributed to one of two...

Bitcoin has shot up at the time of writing, and while Live Bitcoin News just reported two hours ago that that the reason may have something to do with a second round of stimulus checks, perhaps the reasoning for bitcoin’s sudden surge has more to do with the fact that banks and crypto suddenly appear to be getting along.Banks Have Opened the Door to CryptoBanks and crypto have never been the best of friends. For the most part, it seemed as if banks were terrified of cryptocurrencies in that...

Bitcoin has shot up beyond $9,600 for the first time in what feels like an eternity, and analysts believe that $10,000 may not be too far off.Bitcoin Is Exploding AgainThe world’s number one cryptocurrency by market cap has been trading in the low $9,000 range for some time. While it has consistently sold above the $9,000 mark since early May, it hasn’t experienced any large breakouts as of late, which has caused disappointment amongst crypto followers to the point that even Google searches...

Interest in bitcoin is waning, according to the latest Google searches.Is Google Interest in BTC Falling?According to statistics from Google Trends, there haven’t been that many searches on the term “bitcoin” as of late. In fact, these and related searches are at their lowest points since December of last year, which is right before bitcoin began its meteoric rise past the $10,000 mark (it attained this figure in February).The situation presents something of a catch 22 in the sense that while...

Bitcoin price is currently gaining traction above the $9,400 and $9,440 resistance levels.A new monthly high is formed near $9,567 and the price is now above the 55 simple moving average (4-hours).There was a break above two key bearish trend lines near $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair might correct lower in the short-term, but dips remain well supported near $9,420.Bitcoin price is trading in a decent uptrend above $9,400 against the US...

It’s been about a week since the incident occurred, and yet news outlets still can’t seem to get enough of the Twitter bitcoin hack that took place last Wednesday.The Twitter BTC Hack Just Gets Bigger and BiggerThe incident is one of the most profound and notorious in bitcoin’s short, yet significant history. Several high-profile Twitter accounts belonging to politicians, celebrities and musicians such as Bill Gates, Barack Obama, Joe Biden, Kanye West and Elon Musk were hijacked by cyber...

There is a lot of worry and concern surrounding bitcoin’s price as of late. While the asset has done well these past two months and maintained its position above the $9,000 mark, some analysts and industry leaders – such as Changpeng Zhao, the chief executive of Binance, the world’s largest and most popular cryptocurrency exchange by daily volume trading – are warning that BTC’s price is in a shaky position, and in danger of enduring another crash like the one it experienced in March of this...

The European Union (EU) is taking a page out of America’s book. The collection of nations has agreed to a stimulus program that will potentially pump nearly $1 trillion back into the economy. The announcement was met with another bitcoin price rally. The currency is up roughly $200 more at the time of writing.Another Stimulus, Another Rise for BTCBitcoin has experienced some solid surges since the introduction of the coronavirus. While at first, things looked glum and negative (the currency...

It looks like interest in bitcoin may be on the lower end of the spectrum, which is likely giving the world’s number one digital currency by market cap an opportunity to edge its way into bullish territory according to some analysts.Affection for Bitcoin Appears to Be SlippingThe third bitcoin halving took place during the first half of May, and despite all the hype and hoopla surrounding the event, it really didn’t amount to much. In fact, more occurred during the actual leadup of the event...