Tag Archives: Bitcoin

Arthur Hayes – the co-founder of BitMEX, one of the biggest digital currency exchanges in the world – is worried the price of bitcoin could drop to $30,000 by June. Arthur Hayes Thinks Bitcoin Is Going Down Heavily Bitcoin – and several other forms of crypto – have been on a downward spiral in recent days. The world’s number one digital currency by market cap recently encountered something of a short bull run, in which the asset gained about $8,000 to hit $48,000 in just...

Bitcoin price extended decline below the $40,000 zone against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $41,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $42,000 level. Bitcoin price is recovering above $40,000 against the US Dollar. BTC could recover...

Terraform Labs in Seoul, South Korea is looking to buy as much as $10 billion worth of bitcoin to back its own stable currency, which it’s looking to release soon into the crypto market. The company is also looking to make bitcoin the world’s new reserve currency. Terraform Labs Has Big Plans for Bitcoin At the time of writing, Terraform Labs has garnered roughly 40,000 bitcoin units, which are worth about $1.7 billion. The purchases were made with the assistance of Luna...

Several restaurants across the United States are beginning to say “yes” to bitcoin and crypto payments. Restaurants and Crypto… A Perfect Match? The hype surrounding crypto as a payment method is beginning to take hold, and several high-profile eateries throughout America are now beginning to allow their customers to pay with digital assets. Cambo Flare, for example, is an Asian fusion restaurant in Big Lake, Minnesota. Since opening in November of 2020, the customers...

Sometimes college isn’t all it’s cracked up to be. While a degree is often viewed as important in the eyes of companies and businesses that are hiring necessary talent, for others, there are more significant things in life like being able to save one’s money, having a stable future, and being independent. For college dropout Natalie Arabian, her education became something of a side hustle when compared with her crypto aspirations, and she was eventually made to choose...

The price of bitcoin – following several weeks of looking better – is now back in the doldrums and is trading for just over $40,000. This is a huge step down considering earlier in the month, the currency was trading for as high as $48,000, making many traders believe that another bull run was right around the corner. Bitcoin Isn’t Doing So Good To be fair, bitcoin is technically in a stronger position given that the asset was initially at around $39,000 a little earlier...

Zaimella – a global firm that produces personal care products like diapers for babies and children – is announcing a new crypto initiative that will provide customers with ten percent off its products if they are willing to pay in bitcoin. Zaimella Will Provide Discounts to Crypto Users CEO of Zaimella USA Humberto Sanchez explained in an interview: Zaimella was founded on the belief that quality personal care products should be accessible to everyone. Inspired by...

El Zonte in El Salvador is known as “Bitcoin Beach.” It’s a relatively small location in a country that very few people could point out on a map. However, it’s doing a lot for the world’s number one digital currency by market cap in that it’s allowing the asset’s name to grow and enter mainstream status. El Zonte Is Becoming One with Bitcoin Many businesses in El Zonte – which has become a tourist town – accept BTC as a method of payment. It was one of the first regions...

Dutton Garage – a luxury car dealership in Australia – is partnering with crypto company Coin Spot to allow car buyers to purchase their next vehicles with digital currencies like bitcoin. Dutton Garage Is Open to Letting People Buy Porsches with BTC One of the big things that everyone forgets about crypto is that it was initially designed to serve as a payment method. Bitcoin, Ethereum, and many other altcoins to emerge over the last ten years or so were built as a...

The Tennessee Titans football team made history a few days ago when it announced it would be accepting bitcoin as a method of payment for tickets and other items, making it the first football team to say “yes” to crypto in this way. Titans Say “Yes” to Crypto Digital currencies like bitcoin were initially designed to serve as payment tools that could potentially shove fiat currencies, checks, and credit and debit cards to the side. However, this has been a slow journey...