Tag Archives: Bitcoin

With bitcoin and so many other mainstream cryptocurrencies hitting new all-time highs, many analysts and industry experts believe that the world’s number one digital currency is going to hit $100,000 much sooner than originally anticipated. Bitcoin Is Exploding in the Eyes of Many Analysts The volatility the currency has been experiencing as of late is nothing new, they say. Recently, after hitting $68,000 per unit, the asset began a series of slight falls that at press...

In 2020, the coronavirus pandemic had horrible effects on businesses throughout the world. Many companies began shutting their doors permanently due to the rampant trouble the pandemic presented for the global economy, but not every enterprise had a hard time. One restaurant called Tahinis – located in Canada –made quite a bit of profit during 2020, and it has bitcoin and crypto to thank. Tahinis Sees BTC Profits Explode Based in London, Ontario, Tahinis has made a name...

When it comes to cryptocurrency, it’s nearly impossible to ignore the fact that both bitcoin and Ethereum are the two largest examples out there, with bitcoin taking the number one spot and Ethereum in second place. However, this is just in terms of market cap. Regarding popularity, there is evidence suggesting Dogecoin takes the number one spot. The Popularity of Dogecoin Has Shot Through the Roof Dogecoin has arguably become one of the biggest cryptocurrencies in...

Nayib Bukele – the president of El Salvador – has announced to the people of his country that the government is taking its bitcoin agenda to the next level. Regulators and city planners are looking to build a whole new village at the base of a volcano. The region will be known as “Bitcoin City” given that it will be entirely dependent on bitcoin and blockchain technology to thrive. El Salvador Is Pushing BTC Even Further He stated that a bond offering is going to occur...

The crypto space hasn’t been doing all that well, lately. The industry – which recently experienced a crash that brought it below the $3 trillion mark – has lost about $500 billion over the past seven days, as many investors have seemingly cashed out after bitcoin rose to a new all-time high of nearly $69,000. Bitcoin and Crypto Experience Further Drops We have seen this time and time again. Sadly, the space is filled with many individuals who have short-term goals. It...

A bitcoin-based exchange-traded fund (ETF) has made it onto the New York Stock Exchange (NYSE). Released by a company called Pro Shares, this product became the target of many crypto-related news headlines in recent weeks, and it has caused many people to see the digital currency space in a whole new light: one of legitimacy and precedence. A Physical Bitcoin ETF Is Needed for the Space to Grow Sadly, this and other recently greenlit ETF products are based on bitcoin...

The Perth Heat – a baseball team stationed in Australia – is now the first official sports team in which all staff members and players will garner their pay in bitcoin. The Perth Heat Sets a BTC Standard The idea of being paid in bitcoin is taking heavy precedence in the world of sports as of late. This fad was likely begun by Russell Okung, a former football player with the Carolina Panthers. Okung made headlines when he announced that he would be converting half of his...

Satoshi Nakamoto – the anonymous creator of bitcoin, the globe’s number one digital currency by market cap – is now listed as the 15th richest person. Satoshi Nakamoto Is Now Amongst the Uber Rich Bitcoin first rose to prominence over 12 years ago. It was mined for the first time in January of 2009, and many traders now view the currency not just as a speculative tool, but as a hedge of sorts; something that can keep their wealth steady during times of economic strife....

The world of cryptocurrency is going crazy at the time of writing. Many of the biggest assets – including bitcoin, Ethereum, Solana and Ripple’s XRP – have fallen by about seven percent or more, causing the entire industry to lose billions over a 24-hour period. Bitcoin and Other Assets Have Fallen Into Oblivion Traders should be used to this kind of behavior from bitcoin and its altcoins cousins. Sadly, very few are mentally prepared for crashes of this magnitude,...

Taproot is a bitcoin upgrade that went into effect two weekends ago. The upgrade has got a lot of people – particularly developers – excited about the future. It also caused the world’s number one digital asset to shoot up in price to about $68,000 once again, though it appears the momentum was too much for the currency given that it’s now back down to about $60K per unit. Taproot Will Make BTC More Like ETH This is the first major update for bitcoin in about four years....