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Tag Archives: Bitcoin

How Did Bitcoin Grow So Much Faster Than the Tech Industry?

When compared with some of the world’s biggest tech startups, bitcoin is one of the fastest-growing industries the world has ever seen. The currency reached a $1 trillion valuation in half the time it took leading tech companies such as Amazon, Google and Microsoft. Bitcoin Has Reached $1 Trillion in 12 Years According to Crypto Parrott – a trading simulator in Ireland’s capital city of Dublin – Amazon took a whopping 24 years to reach a $1 trillion valuation. Microsoft...

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Mike Novogratz: There’s No End to Bitcoin’s Surges

The price of bitcoin just keeps on booming, and according to billionaire investor and former hedge fund manager Mike Novogratz, this is just the tip of the iceberg, as he believes the asset is going to spike much higher in the coming years. Mike Novogratz: Bitcoin Will Probably Keep Surging In a recent interview, Novogratz claimed: Right now, total crypto wealth is roughly $2 trillion, so that’s one half of one percent of all the wealth. If you do not think in the next...

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Canada’s First Bitcoin ETF Has Truly Exploded

Not too long ago, Canada – the United States’ neighbor to the north – introduced its respective continent to the first ever bitcoin-based exchange-traded fund (ETF). The product has experienced solid popularity in this short period and is now valued at more than $1 billion in total assets. A Bitcoin ETF Is Truly as Popular as They Said It Would Be This past year’s cryptocurrency boom has arguably caused many people to swiftly jump into the cryptocurrency space. It has...

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Dogecoin Hits New High; Trades for $0.14

It looks like Coinbase’s good vibes for this week are not just rubbing off on BTC and mainstream forms of digital currency. Dogecoin – a joke token that uses the face of a cute little Shiba Inu dog as its mascot – has surged to a new all-time high and was trading for as much as 14 cents early Wednesday morning. Dogecoin Keeps Making Financial Waves This week was met with strong news surrounding the cryptocurrency space. The digital token industry just keeps growing like...

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A BTC ETF Is One of the Most Desired Products

As bitcoin and the cryptocurrency industry continue to grow, there is increasing pressure on the Securities and Exchange Commission (SEC) to do something about approving a bitcoin-based exchange-traded fund (ETF). America is lagging, and with the digital currency world expanding to such a degree, many analysts and investors are wondering what could be taking so long. A Bitcoin ETF: Is It Right Around the Corner? As it stands, there are at least eight companies looking to...

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Jim Cramer Really Wants to Be Paid in Bitcoin

Stock market expert and television personality Jim Cramer allegedly would not mind being paid in bitcoin. Heck, he said he might even demand it in the coming future. Jim Cramer: I Want BTC-Based Paychecks His comments stem from a recent news story that MicroStrategy – one of the first official institutions to publicly support bitcoin and buy billions of dollars-worth of the digital currency – would be paying its board of directors’ salaries and fees in BTC rather than...

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Kevin McCarthy: BTC Regulation Must Become a Priority

As bitcoin hits a new all-time high this week of just under $63,000 per unit, it appears that several members of Congress have different feelings towards the world’s number one digital currency by market cap. Kevin McCarthy – the House Minority Leader and a Republican from California – has reported that he is a fan of bitcoin, and that the U.S. government needs to wake up when it comes to implementing the appropriate regulations. Kevin McCarthy: The U.S. Is Losing Out In...

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MicroStrategy Directors to Receive Salaries in BTC

Software firm MicroStrategy is making new headway with bitcoin and says that all its non-employee board members will be paid in BTC rather than cash. MicroStrategy Is Pushing Further Bitcoin Adoption The company has been one of the most supportive of the world’s number one digital currency by market cap. During a time when most of the globe’s institutions were still afraid to step in and take control of the financial reins, MicroStrategy led the way by being one of the...

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Raoul Pal: Bitcoin’s Volatility Isn’t Such a Bad Thing

Raoul Pal – a former hedge fund manager with Goldman Sachs – explained in a recent interview that bitcoin’s volatility should not scare investors off too much. Raoul Pal Is Positive Towards Volatility To an extent, we cannot help but agree somewhat. Everyone wants to make such a big deal out of the price swings that bitcoin and its crypto cousins have been prone to for so long. The fact is that without this volatility in the picture, bitcoin and digital currency...

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Bitcoin Spikes Following “Public Debut” of Coinbase

Today is April 14, the day that Coinbase is slated to hit the stock market. Everyone has been talking about this for some time, and the move is expected to bring the cryptocurrency market even deeper into mainstream territory. As a result of the exchange’s first trading week arriving so fast, the price of bitcoin has jumped beyond the $60,000 mark, and many think the asset is likely to go even higher as trading progresses. Coinbase Is Now Public, and Bitcoin Reacts...

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