Tag Archives: Bitcoin

A cryptocurrency exchange in Uganda is taking a lot of flak for potentially stealing users’ money.Uganda Is Home to a Crypto ScamThe exchange appears to have set up a phony job search in which several people within the country who may have been looking for jobs either in the cryptocurrency or digital tech fields were asked to apply. As part of the application process, they were required to donate more than 20,000 Uganda Shillings (worth approximately $5 in USD).The trouble is that the...

For everyone waiting with bated breath for bitcoin to suddenly rise from the ashes and experience a solid price bump, here’s a bit of good news.Bitcoin May Incur a Massive Spike Next YearOne source is reporting that bitcoin futures are doing extraordinarily well. So well, in fact, that their prices are expanding even while the primary asset is falling deeper into the $7,000 range. Yes, it has managed to expand by another $200 over the past few days, but for the most part, bitcoin is still...

Star of “Bachelor in Paradise” Chris Bukowski believes that the price of bitcoin is on the verge of rising.Bukowski Things the World of BitcoinAside from being a hit reality star, Bukowski is very big on crypto, and seems to think that the future of finance will largely be digital. The entrepreneur first got into digital assets in the year 2016, when he says bitcoin was trading for around $450. He had been working a few gigs here and there where people paid him in bitcoin.Not really knowing...

Recently, bitcoin incurred a near-$1,000 surge in its price. While this might traditionally cause people to get excited, some industry experts are suspicious of the circumstances surrounding the sudden (and short-lived) jump.Bitcoin Is Acting Strange, LatelyAt press time, bitcoin has settled down and dropped to $7,300. However, on December 4, the currency allegedly spiked all the way to $7,800, though this was only temporary. Among the few industry analysts to take issue with the surge was...

Lolli – a program that rewards users with cryptocurrency – has partnered with travel site Expedia as a means of pushing its crypto agenda.Lolli Allows Travelers to Earn BTC RewardsFrom here on out, all customers of Lolli who utilize Expedia to plan their next vacation are eligible to receive as much as five percent cash back in bitcoin and cryptocurrency funds. Talk about living large – plan your next big getaway to Switzerland or Malta, and you’ll earn BTC for doing so.Lolli CEO Alex Adelman...

Bitcoin price is declining and it is now trading well below $7,500 against the US Dollar.The price is likely to extend its decline towards the $7,040 support area.There is a contracting triangle forming with resistance near $7,280 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could bounce back unless there is no daily close below $7,040 and $7,000.Bitcoin price is showing bearish signs below $7,300 against the US Dollar. BTC is under pressure, but it might hold...

According to one source, the bitcoin sell-off is showing no signs of calming down, but this might not necessarily affect the currency in a negative way.Will Bitcoin Survive the Sell-Off?As we all remember, bitcoin has had a very mixed two months in both October and November. Things ultimately started in late September when Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – made its official debut on September 23. Despite nearly a year...

The month of December has just started and already we’re off to a good start. Bitcoin – the world’s largest and most prominent cryptocurrency by market cap – has seemingly jumped in price by another $100, leaving many enthusiasts to wonder if perhaps the currency is about to enter another bull run.December Has Often Been Good to BitcoinOf course, to assume this means anything would be a mistake. Bitcoin can go up just as easily as it can go down. We all witnessed that over the past few...

At the time of writing, bitcoin has dropped to about $7,200 – a near $200 drop from just 24 hours ago.Bitcoin: A Minor Drop, Nothing MoreThe currency is continuing its present volatile run, and there’s no way to predict how or where it will end up. November is typically a crazy month for the cryptocurrency – at least it has been in the past – but as the Thanksgiving holiday comes to an end, perhaps we can all be a little thankful that while this month did bring about a few scares, things...

Germany has recently announced that its traditional banks are about to start selling bitcoin on a regular basis.Germany To Start Selling CryptoThe news is a huge step forward in that traditional financial enterprises and cryptocurrencies have always been at war with each other. Banks deliver centralized tools and services to people. They are controlled by financial agencies and government regulators and prevent bad actors from doing too much damage.This is all a very good thing, but the main...