Tag Archives: Bitcoin

According to some analysts, the bitcoin trading market has come to a bit of a halt during these past two months.Bitcoin Trading Has FallenLondon-based bitcoin and crypto analytics firm Crypto Compare has put out a report that reads:Spot volumes have gradually dwindled throughout the month of June, now representing roughly half of the daily volumes seen in the previous month. Crypto derivatives exchanges experienced a 35.7 percent drop in volume.Trading through the world’s largest crypto...

Bitcoin is once again at the top of the financial ladder. New evidence suggests that the currency has surged by close to 30 percent since quarter one of 2020, and that it has also outperformed many leading assets such as gold, silver, and platinum.Bitcoin Is Still the Financial Leader of the YearWhile tools like gold are usually highly valued by investors everywhere, the asset has not experienced the same price swings as bitcoin over the early part of the year. In March, for example, the...

With less than four months to go before the U.S. presidential election, it looks like many are beginning to use the electoral platform to promote themselves… Either that or they see it as a big joke. Following rapper Kanye West’s Twitter announcement last week that he was entering the race for 2020, Brock Pierce – one of the leading figures in the crypto space – says he will join the presidential run for the White House as an independent candidate.Brock Pierce Is Eyeing the White HousePierce,...

It looks like bitcoin is finally starting to gain some of its previous momentum back.Bitcoin Is Again Reaching for the StarsOver the past few weeks, the world’s number one cryptocurrency by market cap had been struggling to move beyond the low $9,000 mark. The currency traded anywhere between $9,000 and $9,140, though after a surge during yesterday’s early morning hours, it looks like the currency is having no problem remaining in the high $9,200 window.According to some analysts, the...

Bitcoin price is rising steadily above $9,200 and the 55 simple moving average (4-hours).It is currently facing a heavy resistance area near the $9,350 level.There was a break above a major bearish trend line with resistance near $9,090 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must settle above the $9,350 resistance level to start a sustained upward move.Bitcoin price is trading in a bullish zone above $9,150 against the US Dollar. BTC must gain bullish...

The U.S. Senate Banking Committee is back to discussing bitcoin, stable coins, and a potential digital dollar.Is a Digital Dollar Heading Back to the Drawing Board?The idea of a digital dollar first made its way into Senators’ minds when the $2.2 trillion stimulus package was introduced in late March. Many regulators and lawmakers thought a digital dollar that could potentially be deposited straight into peoples’ bank accounts would be a better way of handling distributions over paper checks,...

According to some analysts, bitcoin is stuck in a dark place, but millennials can potentially pull the world’s number one cryptocurrency by market cap out of its present funk and help it reach new heights.Millennials Are the Answers to BTC’s Present ProblemsAs it stands, many crypto experts and analysts see millennials as the answer to many of bitcoin’s problems. One of the biggest issues for BTC at the time of writing is that it is widely considered to lack legitimacy when compared with USD,...

Bitcoin has a new fan. Comedian Bill Burr, arguably one of the biggest comedians in the world following his Netflix special “F Is for Family,” announced that he is going to invest in the world’s number one digital currency by market cap after speaking with bitcoin bull and investor Anthony Pompliano.Anthony Pompliano Can Chalk Up Another Investor to His CreditPompliano was recently a guest on Burr’s podcast, and after a conversation that lasted more than an hour and 25 minutes, Burr found...

Tesla – the car company brought to fruition by South African entrepreneur Elon Musk – now has a total market cap exceeding bitcoin, the world’s number one cryptocurrency by market cap.Elon Musk Sees His Company Grow to New HeightsThe news broke on July 2 when Tesla shares soared following a report that the company had sold more than 90,000 individual vehicles during the second quarter of 2020, well beyond any analyst’s expectations. The car company is now slated to move up into “Amazon...

According to experts, bitcoin ransomware attacks occur for one reason and one reason only… Because hackers love bitcoin.Bitcoin Ransomware Attacks: Will They Ever Stop?Members of the cybersecurity industry – such as Jason Ingalls, the founder and CEO of Ingalls Information Security – claim that there’s been a serious spike in bitcoin ransomware attacks over the past few years, and it’s happening strictly because hackers are looking to obtain BTC in the quickest and easiest way possible....