Tag Archives: Bitcoin

Bitcoin price started a fresh decline from the $42,600 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $40,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $40,000 and then $40,800 to start a fresh increase in the near term. Bitcoin price is struggling to settle above the $40,000 resistance against the...

There are plenty of people out there who don’t like bitcoin. No matter how strong the cryptocurrency becomes, no matter how big it gets or how many people use it, there will always be individuals who don’t believe in the asset’s abilities. As it turns out, one of those people is Bill Gates, the co-founder of tech giant Microsoft. Bill Gates Isn’t Crazy About BTC While Gates is not necessarily anti-crypto, he recently gave an interview discussing how risky it was, and he...

Bit IRA – a leading digital currency firm that allows customers to fund their retirements with bitcoin and other forms of crypto – announced in a press release last week that it’s ending its monthly fees. Bit IRA Eliminates Fees for Customers Overall, customers of Bit IRA are slated to save nearly $30 per month. Their savings will come to more than $350 per year. While this may not seem like much, Jeremy Warner – head of sales at Bit IRA – explained in an interview that...

Who would’ve known that the term “HODL” came about by mistake? The term refers to someone keeping their bitcoin or other forms of cryptocurrency long-term and refusing to sell, no matter how high the price goes. It has become a staple term for the crypto industry in many ways, and yet it probably shouldn’t even exist. Where Does the Word “HODL” Come From? “HODL” was initially designed to be “HOLD,” a word that any English speaker would understand. The person writing it...

Bitcoin hasn’t done super well as of late. The world’s number one cryptocurrency by market cap has ultimately lost approximately 20 percent of its value since the beginning of the year due to many harsh economic factors including the war in Ukraine and rising rates thanks to the Fed, but all this isn’t scaring Anthony Scaramucci, the former White House director of communications under Donald Trump. Anthony Scaramucci Has High Hopes for BTC Having started a bitcoin fund...

Steve Wozniak – the co-founder of Apple – has long been a fan of bitcoin and crypto. In a recent interview, he referred to bitcoin as one of the biggest mathematical miracles of all time. Steve Wozniak Believes in Bitcoin Calling it “pure-gold mathematics” to be precise, Wozniak made it clear that while he loves bitcoin and the technology that supports it, there are other elements of the digital currency arena that he’s not too fond of, non-fungible tokens (NFTs) being...

JP Richardson – the CEO and founder of crypto wallet firm Exodus – is doing what many companies would consider unthinkable. He’s paying all his employees in bitcoin, and he’s broadcasting their salaries on the blockchain to ensure transparency. JP Richardson Is Pushing the BTC Initiative Richardson began his company in 2015. Initially, everyone working with or through the firm would be required to download separate wallets for each form of crypto they invested in. This...

Bitcoin has fallen again. After a week or so of the world’s number one digital currency rising back above $40,000 and staying within that range, it looks like the asset has taken another tumble and at the time of writing, is trading for around $39,000 per unit. Bitcoin Takes Another Dive It appears the fight between Russia and Ukraine continues to bear heavy burdens on the digital asset. While some – such as Mark Mobius – have claimed that the battle in eastern Europe is...

With Russia and Ukraine taking up all the spots in the news, many are wondering what will happen with bitcoin and the world of crypto. Several altcoins and digital currencies have dropped once again now that the fighting between the two countries has allegedly intensified, and many are wondering if the world’s number one digital currency can be used as a form of financial protection. Bill Miller – a legendary investor – is still very bullish on BTC despite its recent...

A burger chain known as Shake Shack is giving crypto traders a reason to eat at its establishments. Any purchases made at a Shake Shack location using the Cash App will get rewarded with bitcoin. Shake Shack Is Experimenting with Bitcoin Customers who use the Cash App to purchase items from Shake Shack can receive 15 percent cashback on those purchases in the form of BTC, the world’s number one digital currency by market cap. Those interested can seek promotions in Cash...