Tag Archives: Bitcoin

The Houston Texans has become one of the few professional football teams out there willing to allow bitcoin payments for suites, suggesting once again that sports and crypto really go hand in hand. The Texas Have Opened Their Minds to Crypto Those looking to pay with bitcoin must do so through a company called Bit Wallet, a third-party entity that will convert the digital currency into fiat so the team can earn its funds. Houston Texans president Greg Grissom was excited...

With so many people worried about how much energy is utilized by mainstream cryptocurrencies, it’s strange that more individuals don’t turn their attention to TRON, one of ETH’s biggest competitors. Is TRON the Ultimate Energy Saver? There are many arguments surrounding the amount of energy use in the crypto space. It appears bitcoin mining uses more energy than many developing countries (there have been countless reports published on this issue), for example. People...

Brian Armstrong – the CEO of Coinbase – has issued a statement on the current position of bitcoin and crypto in general that’s got quite a few people worried. He said that he cannot predict what’s going to happen in the coming future, and he has also warned that virtually anything could happen. So, what does that mean? Coinbase Has Been Moving Up and Down The state of the crypto market isn’t doing well as of late. Despite a recent bull run in the later weeks of August,...

Cryptocurrency is widely touted as a means of helping black Americans gain access to financial opportunities they otherwise wouldn’t have. However, there are a lot of skeptics out there that say crypto is not doing what it claims. Some Black Investors Don’t Think Crypto Does Enough Cryptocurrency is built on the notion of financial freedom. It is widely stated that those who have been cut off by standard banking institutions or similar enterprises can find use through...

Bitcoin saw its price plunge in late August following a slow, but steady bull run. It looked like the world’s leading digital currency by market cap was on the verge of striking a $25,000 chord, but that clearly was not meant to be as things eventually took a turn for the worse and the asset dipped into the low $20K region again. Bitcoin Saw More Bearish Conditions in Late August The digital currency – along with many of its counterparts – suffered and reached new...

Bitcoin hasn’t been doing super well as of late, but Anthony Scaramucci – the former White House communications director under Donald Trump and the founder of Skybridge Capital – is saying that the price of the asset could reach a whopping $300K in six years. Scaramucci Thinks BTC Will Grow Heavily That’s right. Bitcoin could increase its price more than ten times by the year 2028. In a recent interview, Scaramucci commented: In the next six years, if we are right, if...

Late August saw a huge flip in the digital currency arena. Bitcoin – the world’s largest number one digital currency by market cap – fell by several thousand dollars and eventually dipped below $22,000 for the first time in about three weeks, while Ethereum – the world’s second largest cryptocurrency and the main competitor to bitcoin – ultimately rose 100 percent from its June low of under $1,000 per unit and managed to surpass bitcoin’s level of growth. Ethereum Is...

The Fed has done a sudden reversal of the mind and is calling for Wall Street to put systems in place that will allow banks and other standard financial institutions to better deal with the growing crypto space. The Fed Thinks Crypto Should Be Studied The Fed appears to have been hellbent as of late on bringing the crypto space to its knees. The organization has done nothing but hike interest rates over the past few months as a means of trying to lower inflation....

Bitcoin price started a fresh decline below the $22,000 zone against the US Dollar. The price is now trading below $21,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $20,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $20,000 level in the near term. Bitcoin price is struggling below $21,000 against the US Dollar. BTC might extend...

Bitcoin isn’t doing too well as of late. The world’s largest digital currency by market cap has fallen from its November all-time high of approximately $68,000 per unit to the low $20K range at the time of writing, and it doesn’t look like it’s going to pick up steam anytime soon, but according to Jesse Powell – the CEO of crypto exchange Kraken – the asset shouldn’t be discounted, and he’s continuing to buy new units whenever he can. Jesse Powell on Bitcoin: It’s Still...