Tag Archives: Bitcoin

A bitcoin correction has occurred. Just under two weeks ago, the world’s number one digital currency by market cap was trading for a whopping $66,000 per unit – the highest it’s ever been in its 12-year history. However, at press time, the currency has lost about $7,000, but this doesn’t necessarily constitute a crash in some analysts’ eyes. Bitcoin Has Fallen… But Should We Worry? We have all seen this before. Bitcoin goes up, bitcoin goes down. It’s a constant cycle in...

Football legend and team member of the Tampa Bay Buccaneers Tom Brady has paid a fan an entire bitcoin to get a special football back. Tom Brady Parts with BTC, Gets a Football In a recent interview, Brady recounts throwing his 600th touchdown ball to wide receiver Mike Evans. No player has ever achieved such a touchdown milestone, and this made the ball one of the most special items in the history of the sport. Unfortunately, Evans did not realize the significance of...

Tesla – the electric car company headed by South African entrepreneur and billionaire Elon Musk – has hinted in a recent filing that it may be open to accepting bitcoin and crypto payments for vehicles again in the coming future. Elon Musk Is At It Again Regarding BTC In a statement, Tesla explained: We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash. The news comes at a strange time when many once-anti...

There are rumors swirling about that China will potentially end its bitcoin ban. If this happens, a serious question will be raised… “What was the darn point?” China, Make Up Your Mind About Bitcoin! China made headlines over the summer when it announced that it was going to force all bitcoin miners from its territory following pressure from Beijing to become more carbon neutral. From there, things took an even uglier turn when the country stated it was making all...

In a recent discussion, Isaiah Jackson – the author of “Bitcoin & Black America” – discussed how the United States should consider utilizing bitcoin as a potential reserve currency should economic factors turn sour. Jackson: Bitcoin Is the Ultimate Financial Tool As it stands, gold is widely considered the primary reserve asset if things wind up taking a tumble. However, gold has failed somewhat to react to the rising inflation being witnessed in America today, and...

Senator Rand Paul – a republican representing the state of Kentucky – has expressed strong interest and enthusiasm about bitcoin. Rand Paul Has Caught the BTC Bug While he did not admit to owning any himself, he commented that he is amazed by how much it’s grown over the past few years, and he anticipates things could potentially get even stronger… So much so, that he thinks bitcoin could potentially present serious competition to the U.S. dollar. Bitcoin could even wind...

El Salvador is taking necessary action to stop all those who have allegedly been misusing the new Chivo crypto wallet the country has implemented. Apparently, it only took about a month and a half for some people to resort to criminal activity to make their money via crypto. El Salvador Is Taking Action Against Alleged Cheaters The Chivo wallet is the new bitcoin wallet system that allows residents of the country to hold bitcoin, which they can then use to pay for goods...

Anthony Scaramucci – the founder of Sky Bridge Capital and the former White House communications director under President Donald Trump – says that a bitcoin investment he made of roughly $250 million has quadrupled and made him a bitcoin billionaire. Anthony Scaramucci Has Allegedly Made a Lot of Digital Money In a recent interview, Scaramucci explained: I have over a billion in bitcoin now. I started accumulating that position last year. I think that this manifests...

Bitcoin has been surging crazily as of late. The world’s number one digital currency by market cap jumped to about $66,000 per unit about a week ago, though at press time, the asset has fallen to about $63,000. Still, the currency seems to be on a roll. Bitcoin Is Headed for the Moon According to a panel of approximately 50 crypto experts, the asset is going to surge even further throughout the year. Some believe that the currency will potentially hit $80,000 before...

Bitcoin price started a downside correction from well above the $64,000 zone against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $63,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below $59,500. Bitcoin price is back below the $62,000 pivot level against the US Dollar....