Tag Archives: Bitcoin

It looks like the institutional presence behind bitcoin just got a whole lot bigger thanks to Grayscale. The institutional investment platform is about to enter its third quarter and has announced that the last three months have attracted nearly $1 billion in overall investments, meaning the company has garnered some of its highest numbers yet.Grayscale Is Reaching New HeightsOne of the big questions that continues to meander throughout the bitcoin and crypto space is, “Are institutional...

Another massive bitcoin hack is in the books, though this one is a bit different in that it involves Twitter, one of the largest social media platforms across the globe.High-Profile Twitter Accounts OvertakenTo be fair, Twitter has been utilized to garner illicit bitcoin funds before from unsuspecting victims. Elon Musk – who was one of the more prominent figures at the center of this event – can vouch for that, though never has such an attack as the one that occurred 48 hours ago been...

Does bitcoin and crypto have a prominent place in the Middle East? Just ask Ghass Mo, a freelancer who now calls Kurdistan, Iraq home after leaving his native Syria due to the ongoing civil war.Ghass Mo Suggests a Growing Crypto Presence in the Middle EastMo has been working as a bitcoin freelancer for the past two years. He does not earn any standard fiat for his work, but is instead paid in BTC, which he then uses to support his family back home. Describing what he does, he explained:I get...

Amiti Uttarwar is looking to pave the way for more women to get involved in the crypto space.Uttarwar Reminisces on How Her Career Came to BeOne of the biggest arguments going against the bitcoin and blockchain market is that it is predominately inhabited by men, but Uttarwar, in her role as a bitcoin core developer, is trying to help the industry she’s come to love so much branch out a little.The daughter of Indian immigrants, Uttarwar says her parents struggled to make it to America, with...

The town of El Zonte in El Salvador is one of the first to resort entirely to bitcoin to keep its economy and infrastructure stable.El Zonte: A Town of Bitcoin EnthusiastsThe digital funds came by way of an anonymous donor who ultimately discovered some lost bitcoin he had purchases several years ago. Following several attempts to remember his password, the donor ultimately gained access to the wallet and partnered with a San Diego native named Michael Peterson to shell out annual, six-figure...

Bitcoin may be the world’s number one cryptocurrency by market cap, but it’s Ethereum that seems to be all the rage amongst both crypto enthusiasts and developers everywhere as of late.Ethereum Is Getting Bigger and BiggerEthereum is only the world’s second largest cryptocurrency, but it is the number one competitor to bitcoin. Still a relatively new currency by comparison (it was unveiled in 2015), the asset has established itself as the leading asset in the smart contracts space, attracting...

Bitcoin price is currently consolidating above the $9,120 and $9,100 support levels.It is facing a strong resistance near $9,275 and the 55 simple moving average (4-hours).There is a crucial breakout pattern forming with resistance near $9,275 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must climb above the $9,275 and $9,325 resistance levels for a fresh rally.Bitcoin price is struggling to clear a few key hurdles near $9,300 against the US Dollar. BTC could...

An investigation into the Tether stable currency is presently underway following a request granted by an appeals court to the New York Attorney General’s office.Tether Is Under FireThis presents a major problem for Tether developer Brock Pierce, one of the top dogs in the world of digital assets. The 39-year-old recently announced his plan to run for president as an independent (with only four months left to go before the election) and is opening his campaign with several unique promises such...

There appears to be a running theme of mixing politics with crypto, and the latest example comes by way of former Ron Paul campaign manager Craig Bergman.Bergman Sees Crypto in a New LightBergman was the political director for the Ron Paul 2008 presidential campaign. Since exiting the political spectrum, he has served as the president and CEO of a cryptocurrency mining company called Vortex Blockchain Technologies Inc. At the time of writing, the company currently focuses on mining bitcoin...

Is bitcoin readying itself for another bull run? According to crypto executive Charles Edwards and what’s known as the Hash Ribbon indicator, the answer is “yes.”The Hash Ribbon Is Appearing Once AgainThe last time a “Hash Ribbon” appeared was in late April. At that time, the world’s number one cryptocurrency by market cap was trading for around $7,500, more than $3,000 higher than where it had stood during the coronavirus peak in mid-March. From there, bitcoin ultimately rose to as high...