Tag Archives: Bitcoin

Bitcoin is going through a strange time. As this article is being put out, the world’s number one digital currency by market cap has dropped into the $9,200 spot, meaning it has lost about $200 from its price over the past few days, but other coins – altcoins like Compound – are booming, and reserving places for themselves in the top regions of the crypto market.Compound Is Surging Like No Other CoinAt the time of writing, the Compound token has spiked by more than 250 percent, which means...

It looks like bitcoin SV (BSV) and cryptocurrency exchange Binance – the largest and most popular cryptocurrency trading platform by daily volume – are at each other’s throats.BSV Is Angry About Binance’s DecisionsThe two companies are fighting with each other over Binance’s decision last year to delist the new cryptocurrency token made popular and consistently promoted by Australian tech entrepreneur Craig Wright. Jimmy Nguyen – the president of bitcoin SV (Bitcoin Satoshi Vision) – has said...

Former national security adviser John Bolton is releasing a tell-all book about President Donald Trump this coming election.Donald Trump Attacks BTCIn the book, Bolton allegedly claims that Donald Trump wanted to “go after” bitcoin since the year 2018. For the last two years, Trump allegedly was looking to go after the cryptocurrency space and hit it hard with massive regulatory tactics that would bring unregistered crypto activity to its knees.The book – entitled “The Room Where It Happened”...

Well, well, well… It looks like after years of needless fear and concern, institutional players have a stronger presence in the crypto space than we originally thought.Institutional Players Need to Work Hard for Crypto to GrowIt has often been stated that institutional players are necessary if the cryptocurrency space is going to ever serve as a legitimate and mainstream financial marketplace. For crypto to ever rank amongst cash and credit cards, professional traders must have a hand in how...

Ever since the coronavirus took hold of the global economy, bitcoin appears to have increased its fanbase tenfold each month, and companies like River Financial Inc. are here to prove that.River Financial Is Making BTC More MainstreamRiver Financial Inc. is a startup based in San Francisco, CA. A bitcoin financial services firm, executives have emerged to say that the number of clients it services has doubled each month this year, meaning that more and more people are looking to get their...

Bitcoin has been up and down these last few days, but many major investors are not worried, and several of them believe that the currency is on its way to new heights.Bitcoin Is Showing Signs of RecoveryAt the time of writing, the world’s number one digital currency by market cap has shot up to $9,500 again – a solid rise from yesterday’s 9,000 (a new low accomplished during the early morning). By yesterday’s mid-afternoon, the digital asset saw itself trading at roughly $9,400 again, meaning...

Bitcoin price declined sharply below the $9,330 and $9,060 support levels against the US Dollar.It traded as low as $8,897 and it is currently correcting higher above $9,330.There is a major bearish trend line forming with resistance near $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $9,600 resistance or start a fresh decline below $9,330.Bitcoin price is currently recovering higher above $9,330 and $9,450 against the US...

Anyone familiar with the Tennessee Williams play “A Streetcar Named Desire” has heard the line, “I’ve always depended on the kindness of strangers.” One man is now holding this line close to his heart following news that his entire bitcoin stash was stolen through a phishing scam.Bitcoin Stolen; Strangers Come to RescueEric Savics – the host of Protocol Podcast – put a message out to all his followers on June 12 saying that he had lost the 12 bitcoins he had saved up over the past seven years...

Darn it, bitcoin! Way to let people down again! Right as you were doing so well, you decide to lose approximately $400 from your price.Bitcoin Has Shed a Huge ChunkThis morning, the currency is trading for just over $9,000, meaning it has lost about $440 since the weekend. The asset has had a bit of a shaky week no doubt, losing a couple hundred here and there and hovering between the mid to high $9,000 range, but now it appears that the world’s number one digital asset by market cap is...

No doubt bitcoin has been moving through hoops and tunnels since the coronavirus took hold of the global economy, but thanks to companies like Grayscale, it doesn’t look like the currency is about to lose its steam anytime soon.Grayscale Is One of Many Companies Supporting BTCBack in March, the currency saw its price fall into the mid-$5,000 range. This was after it had spent the whole previous month trading for well over $10,000, a price the currency hadn’t seen in roughly half a year. From...