Tag Archives: Bitcoin

Mexican billionaire Ricardo Salinas Pliego says that bitcoin is the best tool to have if you’re an investor. He took part recently in the Miami Bitcoin Conference and explained that roughly 60 percent of his portfolio is made up of bitcoin, while the rest is composed of hardcore stocks tied to oil, gas, and gold mining companies. Ricardo Salinas Pliego Thinks Bitcoin Is the Best Investment Tool He also went off on bonds, claiming they were a joke and not likely to do...

Peter Thiel – a legendary billionaire investor and the co-founder of PayPal and Palantir Technologies – explained in a recent interview that too many companies have gone “woke,” and are thus at risk of being controlled by the government. However, he doesn’t see bitcoin taking this route. Peter Thiel Is Confident in the Future of BTC In his discussion, Thiel also went off on Warren Buffett, calling him an enemy of bitcoin. He said plenty of other unpleasant things about...

The Miami Bitcoin Conference is underway, and several sports stars have flooded the arena to share their love of bitcoin and talk about how the world’s number one digital currency by market cap is going to make serious waves in the payment world. Among the sports players to make their bitcoin support known was Aaron Rodgers of the Green Bay Packers, legendary tennis player Serena Williams, and Odell Beckham Jr. Aaron Rodgers and Other Sports Legends Talk BTC Rodgers was...

Bitcoin price started a major decline from the $45,000 zone against the US Dollar. The price is now trading below $42,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $40,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below $40,000 and $39,500. Bitcoin price is struggling below the $41,000 resistance against the US Dollar. BTC...

The U.S. isn’t crazy about the bitcoin agenda implemented by El Salvador. As a result, several members of Congress are now working to create a new law that would require El Salvador to report to American officials regarding its bitcoin use to ensure accountability. El Salvador Is the Object of America’s Bitcoin Suspicions The law is called the Accountability for Cryptocurrency in El Salvador (ACES) Act. It was written and introduced by Norma J. Torres, a democrat from...

Bitcoin has been rocking as of late. While the currency is nowhere near where it was just five months ago – at that time in November of 2021, the world’s number one digital asset was trading for about $68,000 per unit – the currency has managed to get itself out of the doldrums and spike into the mid to high $40,000 ranges, a solid improvement over the $37,000 it was trading for in mid-March. Bitcoin Could Be Heading to the Stars Now, Van Eck – a company known for its...

MicroStrategy is continuing to purchase more bitcoin, though its methods are beginning to garner a few raised eyebrows amongst traders and analysts alike. Not long ago, the software giant announced that it was taking out a loan for more than $200 million so it could purchase more of the world’s number one digital currency by market cap. MicroStrategy Continues Its Pursuit of Bitcoin MicroStrategy currently boasts more than $5 billion worth of the asset. At first glance,...

Elon Musk has long been involved in the crypto world, both in negative and positive ways. At press time, it looks like the negative waves surrounding his crypto presence are taking a little more precedence than the positive ones given that his face and likeness are still being used for crypto scams across social media platforms. Elon Musk Is Still the Face of Crypto Fraud This has been an ongoing problem. For several years, many scams on sites like YouTube, Twitter, and...

Bitcoin price started a downside correction from the $48,000 zone against the US Dollar. The price is now trading below $46,000 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with support near $45,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below $45,000 and $44,000. Bitcoin price is struggling below the $47,000 resistance against the US Dollar. BTC...

An NBC News poll suggests that one in every five Americans has delved in bitcoin or other forms of crypto, either through trading, investing, or related activities. This is a sign that the crypto world is becoming mainstream and legitimate faster than anyone could have anticipated. Bitcoin Is More Popular Than Ever In many ways, the arena surrounding blockchain and digital assets is an expanding universe that is still very much in a developmental phase. Bitcoin, for...