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Tag Archives: Bitcoin

Warren Buffett: Avoid Bitcoin if War Breaks Out

Now that Russia has invaded Ukraine, many are worried that the United States could be entering the brink of war. We have made it clear to our enemies that if democracy is threatened anywhere in the world, the country will intervene. Warren Buffett – the mogul behind real estate giant Berkshire Hathaway – says that investors should avoid things like bitcoin and gold for now, and they should instead put all their money into stocks, as they are the safest bets in times of...

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Colorado Will Allow Residents to Pay Taxes with Crypto

Colorado has set forth a new law that will allow people to pay for taxes and fees with cryptocurrency. Colorado Says “Yes” to Crypto Payments for Tax Fees Governor Jared Polis announced the news late last week, commenting: In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for a number of years. We see it as a critical part of Colorado’s overall innovation ecosystem. The initiative pushes forward the primary goals of bitcoin...

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Du Jun of Huobi Fame: Bitcoin Will Remain in a Funk Until 2024

Bitcoin hasn’t been doing too well as of late. The invasion of Ukraine by Russia and several other factors have caused the world’s number one digital currency by market cap to fall heavily over the past week or two, and now – according to Du Jun, the chief executive of crypto exchange Huobi – bitcoin isn’t likely to experience another bull run until the end of 2024. Du Jun of Huobi Thinks Bitcoin Will Stay Low for Nearly 3 Years Du Jun recently made headlines when he...

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Online Romance Scam Tricks Woman Out of $300K in Bitcoin

Bitcoin is great and having a romantic relationship with someone can also be rather rewarding, but as we’re learning in recent days, the two don’t always go together. A woman that used the dating app Hinge now has an empty wallet after someone posing as potential boyfriend material scammed her out of more than $300,000 in bitcoin. Bitcoin Was the Target, Not a Romantic Relationship The unnamed woman – who is 33 years of age at the time of writing – says that she became...

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Bitcoin Drops Following Russia’s Invasion of Ukraine

It looks like Russia has invaded Ukraine. The announcement was made early this week and the results are a lot of fear hanging in the air and the price of bitcoin continuing to behave in a bearish manner. Bitcoin Incurs a Major Slip The currency was ultimately doing better than it had been in previous weeks. Bitcoin had shot up to $40,000+, and after traveling south during the final two months of 2021, it appeared that maybe 2022 was going to be the time for bitcoin to...

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Tinder Swindler Simon Leviev Says He Earned His Money Through Crypto Investments, Not Scams

31-year-old Israel resident Simon Leviev – known allegedly for his notorious fraud schemes as the “Tinder Swindler” – says he has made a lot of his money through crypto investing and legitimate business ventures rather than cheating people. Leviev Explains His Side of the Story In a recent interview, Leviev says he purchased bitcoin when the currency was very young. Obviously, the asset has shot up in price since then, and it is due to these price spikes that he has...

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Russia-Ukraine Tensions Cause Bitcoin to Drop

Why is bitcoin experiencing such a dip as of late? The tensions between Russia, Ukraine, and the United States may have something to do with it. Russia and Ukraine Are Having Adverse Effects on BTC Over the last few weeks, we have continuously seen news reports saying that Russia is potentially on the verge of invading and attacking Ukraine. If this were to happen, the United States has mentioned that it would impose sanctions on Russia and find necessary ways to...

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Benjamin Cowen: Bitcoin Is Going to Experience Further Dips

Crypto analyst Benjamin Cowen explained in a recent online statement that the price of bitcoin could wind up taking an even harder fall next month. Benjamin Cowen Predicts Rough Things for BTC Bitcoin has been experiencing somewhat bearish trends as of late. While the currency has shot up by a few thousand dollars since the beginning of February, the asset is nowhere near the all-time high it achieved last November. During that month, the world’s number one digital...

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Kevin O’Leary: BTC Is Nothing Without Institutions

Kevin O’Leary – the legendary investor of “Shark Tank” fame – is telling traders that they shouldn’t get their hopes up on bitcoin unless more institutions feel comfortable enough with the asset. Kevin O’Leary Thinks Institutions Make All the Difference The argument surrounding bitcoin’s abilities are typically centered on institutions. Over the past few years, companies like software giant MicroStrategy and payment processing firm Square have invested billions of...

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Barry Bannister: The Bitcoin Price Could Fall Heavily By Next Year

Could bitcoin fall to a low of $10K? According to Stifel’s Barry Bannister, traders could witness the world’s number one digital currency by market cap dip to a price that’s roughly three times less than what it’s at right now. Bannister Predicts Bad Things for BTC Bitcoin has been experiencing some bearish trends as of late. While the currency has recovered somewhat, the asset recently fell into the mid-$30,000 range, which was about 40 percent less than the price it...

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