Tag Archives: Bitcoin

Bitcoin – the world’s number one digital currency by market cap – briefly fell below the $40,000 mark for the first time in several months. At press time, the asset has risen back to about $41,000 per unit, though the news – for some analysts – suggests that the year is going to be rocky for the virtual coin. Is Bitcoin Feeling Okay? Overall, bitcoin has gotten off to a shaky start in 2022. What was supposed to be a year – according to many industry experts – in which...

In 2018, Siraj Raval purchased a Tesla Model 3 electric vehicle. Today, he doesn’t just use it to get from point A to point B… He uses it to mine cryptocurrencies like bitcoin and Ethereum. You Can’t Buy a Tesla with Crypto, but You Can Use it for Mining Raval has run bitcoin mining software on the Apple Mac mini M1 computer located within the car. He has also plugged an inverter into the 12-volt power socket located within the vehicle’s center. While engaging in this...

Bitcoin price started a fresh decline from the $45,000 zone against the US Dollar. The price is now trading below $44,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $43,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong upward move if there was a break above the $44,000 resistance. Bitcoin price is trading below $45,000 against the US Dollar. BTC might...

Bitcoin continues to fall. At the time of writing, the world’s number one digital asset has fallen below the $42,000 range, meaning it’s at its lowest point in months, and yet, according to some sources, this may not be a bad thing. Bitcoin Has Dropped, but There’s a Possible Good Side to This While at first, it’s perfectly natural to get completely concerned about the price of bitcoin and the direction the currency seems to be taking, it has been stated that a drop like...

2022 has not started off well for most cryptocurrency traders. At the time of writing, bitcoin – the world’s number one digital currency by market cap – as well as many of its altcoin cousins are experiencing bearish activity that has seen them endure some of their biggest price drops in months. Bitcoin and Other Assets Are Experiencing Heavy Dips Bitcoin, for example, is presently trading for around $43,000 per unit. This is about $25,000 less than the all-time high it...

It appears First Lady Melania Trump likes bitcoin. She was just one of several people over the past day or so to congratulate the world’s number one digital currency on its 13-year anniversary. Melania Trump Is the Newest “Face” of Crypto Melania put out the following tweet: It is widely reported that bitcoin’s market cap exceeds USD $1 trillion. Today marks the 13th anniversary of the bitcoin genesis block. Happy anniversary, #SatoshiNakamoto, #MelaniaNFT. The First...

Matt Hougan – the CIO of Bitwise Asset Management – has stated in an interview that the U.S. government is likely seeing bitcoin as a threat to the dollar, which may be why they’re so eager to regulate it and get in the way of its potential success. Matt Hougan On BTC: It’s Not Going Anywhere However, Hougan was quick to say that the U.S. has no choice but to “play along” when it comes to bitcoin, and that the currency’s size and scope really gives them no choice. The...

Per a new survey conducted by Cantaloupe, more than a third of users between the ages of 18 and 54 own cryptocurrency. However, this isn’t the big clincher. The good news is that approximately 67 percent of those taking part in the study said that they are willing and able to use their digital currency for purchases if their money is linked to a mobile wallet. Another 19 percent said they would consider using crypto for payments if they could do so through a mobile...

Thomas Peterffy was once a bitcoin skeptic. Now, he has changed his mind, suggesting the cryptocurrency has come much farther than he – and several others – ever could have imagined. Thomas Peterffy Seems to Like BTC Bitcoin began its financial journey about 13 or 14 years ago. The asset was first brought to our attention through a 2008 whitepaper and the currency was first mined in early 2009. Since then, while it had something of a slow start, the currency has risen in...

Bitcoin price started a fresh decline from well above $48,000 against the US Dollar. The price is now trading below $47,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $47,000 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 the $45,555 support zone. Bitcoin price is trading below $48,000 against the US Dollar. BTC might...