Tag Archives: Bitcoin

Charlie Munger – the vice president of Berkshire Hathaway, the real estate company headed by Warren Buffett – is a billionaire investor. He knows a lot about money and how to make it. At the same time, he is also 98 years of age, which doesn’t necessarily put him at the top of the “bitcoin geniuses” list. Charlie Munger Hates Bitcoin To be fair to Munger, he’s an incredibly accomplished person. He has assisted in the building of a billion-dollar real estate company that...

It can be argued that El Salvador wants to become a completely sovereign nation. This is potentially why the country is looking to get rid of fiat and become so dependent on bitcoin. It wants to be completely independent and not have to rely on any other region. El Salvador Wants to Be in Charge of Itself Thus, it makes sense that Nayib Bukele – the president of El Salvador – doesn’t want a bunch of U.S. senators and politicians sticking their big noses into his bitcoin...

The CEO of SoFi Technologies Anthony Noto says that while cryptocurrencies are indeed risky assets, any business that doesn’t invest now is going to miss the boat. Anthony Noto Says Businesses Need to Get Involved in Crypto In a recent interview, Noto revealed that his family office has spent the last year or so investing in mainstream digital currencies like bitcoin and Ethereum. He commented: We’re invested in cryptocurrency. We own bitcoin, we own Ethereum, we own...

Banking giant Wells Fargo has taken notice of how far the crypto world has come. It’s now predicting that adoption could grow tenfold in the coming years, and it believes that crypto is still very much in its early days. Wells Fargo Thinks Crypto Is Going to Get Bigger In a statement, Wells Fargo explained: For today’s investor trying to figure out if we are early or late to cryptocurrency investing, looking at technology investing in the mid-to-late 1990s seems...

Bitcoin is officially 13 years old. The cryptocurrency that everyone has grown to love, cherish, and respect turned 13 on February 11 of this year after getting mined for the first time on that date in the year 2009. Bitcoin Turns 13 It was also during that year that the world was introduced to Satoshi Nakamoto, the legendary man behind the number one digital currency by market cap. The e-cash system that now everyone is familiar with was new to traders and investors...

Bitcoin price started a fresh increase above the $42,000 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $42,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is now facing a major resistance near $45,000 and might correct lower. Bitcoin price gained pace above $42,000 against the US Dollar. BTC even spiked...

Bill Miller is arguably one of the biggest bitcoin bulls out there. Not long ago, he described the world’s number one digital currency by market cap as something of an insurance policy against financial and economic problems, and he mentioned that despite the falling price as of late, he still holds a fair amount of BTC in his portfolio today. Bill Miller Believes in BTC For the most part, Miller still believes that bitcoin is young enough to make a serious difference in...

A woman named Rhonda has utilized the assistance of some friendly “white hat” hackers to help her recover her lost bitcoin stash. Rhonda Really Needed Her BTC Back Back in 2013, when bitcoin was trading for around $80, Rhonda got into the crypto craze and decided to purchase six units of the popular currency. In an interview, she stated: I used to listen to a radio talk show, and they started talking about crypto and bitcoin, so I got interested. Back then, buying it was...

Let’s just say it. Joe Biden is arguably shaping up to be the worst president in the history of the United States. Between the border crisis, the Afghanistan debacle, a failing economy, inflation, and his attempts to implement unconstitutional COVID vaccine mandates, many likely feel that the White House is occupied by a man who has no idea what he’s doing. Biden Has Potentially Threatened the Crypto Space Biden’s list of failures extends quite far for someone who’s only...

Canadian truckers who are currently fighting against vaccine mandates in their native country have found solace in bitcoin after the fundraising platform GoFundMe halted donation monies they were slated to receive. Canadian Truckers Get What They Need Through BTC Canadian truckers have been gathering in their nation for the last several weeks and have formed what’s come to be known as a “Freedom Convoy.” Truckers are protesting ongoing COVID-19 vaccine mandates in the...