Tag Archives: Bitcoin

Michael Saylor – the man behind software firm MicroStrategy – has become a certified BTC billionaire. Saylor Has a Lot of Bitcoin Both Saylor and his company have done remarkable well when it comes to bitcoin investments. MicroStrategy has continued to invest in the world’s number one digital currency by market cap, adding approximately 9,000 individual units during the September quarter alone. Overall, MicroStrategy owns about 114,000 units of BTC at press time, all of...

Peter Thiel – a tech billionaire and the co-founder of PayPal – said in a recent interview that bitcoin’s recent price surge is a massive sign of incoming inflation, which apparently is getting worse by the minute. Peter Thiel: Bitcoin Is Now a Victim of Inflation In a recent interview, Thiel said the economy was facing a major crisis, and that inflation was the highest it has been in roughly 13 years. He commented: You know, $60,000 bitcoin, I’m not sure that one should...

Ethereum – the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin – has hit a record high. At the time of writing, the asset is trading for a whopping $4,400 per unit – its greatest price to date. Ethereum Is At an All-Time High Ethereum has enjoyed a hectic run throughout the year – almost as hectic as its big daddy bitcoin. While that currency has reached a new high of $66,000 per unit in recent weeks, the currency has dropped...

Institutional investor Rich Bernstein said in a recent interview that we are in a complete and massive bubble. Everything – from bitcoin to housing – is spiraling out of control when it comes to prices, and the U.S. – along with other parts of the world – may be on the verge of economic collapse. Richard Bernstein: Investors Need to Watch Out Cryptocurrencies, housing, and tech stocks are all experiencing some of the biggest price booms in history. In addition, the...

Bitcoin price started a fresh increase above the $62,000 zone against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move higher if there is a break above $64,500. Bitcoin price is back above the $62,000 pivot level against the US Dollar. BTC could...

There has been a lot of hype surrounding the recent Pro Shares bitcoin-based exchange-traded fund (ETF). The product has been something traders have long sought, and after many failed applications, it looks like an ETF has finally been unveiled. This ultimately drove bitcoin into reaching its most recent all-time high of approximately $66,000 per unit. Why the Bitcoin ETF Isn’t All It’s Cracked Up to Be While things have appeared rather stable for the past few weeks,...

Graham Jenkin – the CEO of Coin List – claimed in a recent interview that he could easily see bitcoin reaching six figures – approximately $100,000 – by the time 2022 is ready to begin. Graham Jenkin: We’ll See the Six-Figure Bitcoin in 2022 No doubt 2021 has been one of the craziest and most up-and-down years for the world’s number one digital currency by market cap. The asset began the year in the mid-$20,000 range, which was already considerably higher than it had...

Nayib Bukele – the president of El Salvador – has confirmed a purchase of approximately 420 bitcoins now that the currency has fallen below the $60,000 line. Bukele stated that he and his country are looking to “buy the dip” and expand their crypto horizons through the purchase. El Salvador Adds a Lot of BTC to Its Stash Not long ago, the world’s number one digital asset by market cap rose as high as $66,000 per unit. Now, the currency has fallen into a bit of a hole and...

Despite having the goal of being widespread and utilized by many people throughout the globe, bitcoin, it turns out, is still experiencing very concentrated ownership according to a new survey conducted by the National Bureau of Economic Research. Bitcoin Isn’t Falling Into Too Many Hands Bitcoin was built as a means of giving financial freedom and power back to the common people. Right now, the world’s financial systems are largely governed by centralized banks that...

A teenage boy in the town of Lincolnshire in the United Kingdom has been issued with a 12-month rehabilitation order after he created a phony website that cheated dozens of people out of money that was later used to purchase cryptocurrency. At the time of writing, these digital funds – worth approximately two million pounds – have been confiscated by law enforcement agents. UK Boy Is Seeing His Assets Taken The boy is remaining anonymous at press time, though according...