Tag Archives: Bitcoin

As we all know, bitcoin is doing quite well at the time of writing. It has shot up past the $9,700 mark and is reaching its highest levels in approximately four months.Bitcoin Isn’t Looking as Good as Other CoinsAnd yet, according to one source, all other altcoins are doing better than BTC and putting it to shame. Even though the world’s number one cryptocurrency by market cap has shot up by nearly 40 percent this year, its smaller cousins are really adding steam to the crypto industry.One...

A man has pled guilty to trading bitcoin for illegal drugs. 32-year-old Paul Johnson of Leicestershire in the United Kingdom will now likely face jail time for his actions.Paul Johnson: Pay with BTC for Your DrugsCrypto-based crime is rather common throughout the industry, and if bitcoin and digital assets are ever to attain legitimate and mainstream status, their association with the dark web and illicit activity will have to end. Unfortunately, there are too many individuals out there that...

Wealth manager Andy Edstrom has predicted that bitcoin will reach $400,000 by the year 2030, thereby bringing bitcoin’s total market cap to approximately $8 trillion and making it one of the most valuable assets across the globe.Edstrom: BTC Will Incur a Mega Spike in Ten YearsEdstrom works with a California-based investment platform known as WESCAP. In a recent interview, he stated he’s “pretty bullish” on bitcoin and thinks that the currency could reach the stars in roughly ten years. He...

After all this talk of a potential pullback, after all the chatter and discussions involving death crosses and failed attempts at pushing past present resistance, bitcoin has, once again, impressed us all and added another $500 to its price overnight, thereby bringing its present figure past the $9,600 mark.Bitcoin Fires Past Previous ResistanceYesterday, it was reported that stocks and altcoins were moving ahead, while bitcoin was undergoing a period of light struggle. The currency had...

Today is something of a mixed day for cryptocurrencies. Bitcoin – the world’s leading cryptocurrency by market cap – has ultimately taken a few steps back and is now trading in the $9,100 range, when just yesterday it was circling around $9,200.Bitcoin Is Falling Back While Stocks Move UpPrior, it was trading at an even $9,400, so it appears some of the bullish marks that have been hitting the currency as of late are beginning to take a rest.Bitcoin was potentially on a path to shutter past...

Bitcoin price traded to a new 2020 high at $9,620 before it started correcting lower against the US Dollar.The price traded below the $9,500 level and even spiked below the $9,210 support area.There is a major bullish trend line forming with support near $9,105 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally again above $9,300 or it might dip towards the $8,840 support area.Bitcoin price rallied towards the $9,650 level before correcting lower...

Jack Dorsey – the CEO of Square and Twitter – has debuted a new bitcoin emoji, and many people in the crypto community couldn’t be more excited.Jack Dorsey Gives Rise to the BTC EmojiDorsey has always offered praise to bitcoin and cryptocurrency in general. In 2018, he stated that bitcoin was likely to become the world’s single currency in approximately ten years. In addition, he is about to embark on a three to six-month tour of Africa, in which he will work to bring bitcoin and the power of...

One of the biggest problems surrounding bitcoin has to do with the fact that it isn’t used much as a method of payment. According to new statistics from top crypto exchanges, this may be changing.More Merchants Are Accepting BitcoinTwo cryptocurrency trading platforms – Coinbase and BitPay – show that more merchants are utilizing bitcoin and cryptocurrencies. BitPay, itself, processed more than $1 billion in transactions in which the world’s leading form of crypto was utilized as a method of...

January 2020 has come and gone, and the month has sparked new highs for bitcoin.January Was a Great MonthWell, not necessarily highs, but this is the best January for bitcoin in roughly seven years. CNBC reports that since 2013, January numbers have never been particularly praiseworthy, though these past 30 days are something to get excited about.The digital currency rose as much as 29 percent during the first month of the new year, spiking in overall market cap by just shy of $40 million. In...

Oh, Google… Why does your relationship with bitcoin and cryptocurrency have to be so convoluted and messy?Google Goes After Another Crypto ApplicationGoogle Play has decided to act against a bitcoin-based application known as Bitcoin Blast. The company delisted it, claiming that it was giving rise to “deceptive practices,” only to reinstate it a few days later.Amy Wan – the chief executive officer of Bling, the company behind the app – initially reached out to Google to question what their...