Tag Archives: Bitcoin

Bitcoin has risen to $66,000 per unit over the past few days. The currency is trading higher than it ever has in roughly 12 years, and everyone seems to be ogling the asset that at one point was considered a bubble and a tool for crime. Bitcoin Is Helping People Cope with the Wounds of Fiat As of late, there is plenty of speculation regarding what could have made bitcoin surge in such a way. Some believe it’s the fact that a bitcoin-based exchange-traded fund (ETF) is...

Peter Thiel feels he underestimated bitcoin. The world’s number one digital currency by market cap recently hit a new all-time high of approximately $66,000, though the asset is now down by a few thousand and trading for just over $62,000. Peter Thiel Wishes He Had Invested More in BTC Either way, Thiel implied in a recent interview that he wishes he had gotten more involved with the cryptocurrency and added more units to his portfolio, and he thinks the opportunity to...

Volaris – a low-cost airline company based in El Salvador – explained in a recent press release that it will begin accepting bitcoin for plane tickets. El Salvador Is Moving Ahead in the BTC Space The news was confirmed by the country’s president Nayib Bukele and is another push towards a crypto-based society. In a tweet, the president stated: This allows us to increase the offering of flights for Salvadorians, in addition to being the first airline in the world to...

The price of bitcoin has skyrocketed in recent days, and the world’s number one digital currency by market cap has reached a new all-time high. At the time of writing, bitcoin is trading for roughly $66,000 per unit. Bitcoin Is Bigger and Better Than Ever The journey of bitcoin has been a long and arduous one. No doubt it has come with many hardships, but it has also seen many significant joys – just as it is today. At $66,000, bitcoin has never been higher. 2021 marks a...

Billionaire investor Carl Icahn believes that bitcoin’s potential will be realized in the coming future if the Fed continues to print excessive amounts of money. Carl Icahn Thinks Bitcoin Could Become More Powerful Ever since the coronavirus pandemic began, governments around the world – including the United States – have been issuing trillions of dollars in stimulus money to both individuals and businesses alike. While we can all agree that a little extra cash in our...

Mark Cuban has established himself as the latest bitcoin and crypto fan in recent months. In an interview not too long ago, the billionaire investor claimed that bitcoin held a “huge advantage” over other forms of digital currency. Mark Cuban Believes Bitcoin Is Stronger Than Other Currencies When it comes to serving as a store of value, Cuban believes that bitcoin – the world’s number one digital currency by market cap – has “zero competition,” and that it is the “best...

Bitcoin is doing better than it has in a long time. The currency – which was trading for $64,000 per unit in April of this year – has suffered somewhat in recent months, experiencing some bearish behavior that ultimately brought it down below the $30,000 mark for a brief period. However, at press time, the currency is trading again above $60,000, and is only a few thousand dollars shy of where it was six months ago. Bitcoin Has Reached a New Pinnacle For the most part,...

People will go through great lengths to get their hands on cryptocurrency. After all, assets are booming like they never have before, and bitcoin is on the verge of once again hitting $64,000 per unit, which was the new all-time high it achieved in April of this year. However, who would be nasty enough to kidnap someone over it? This is the situation at hand as a 14-year-old boy was taken against his will after talking about his growing crypto stash on social media. The...

Bitcoin price started a fresh increase above the $60,000 resistance against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $65,000 level. Bitcoin price is gaining pace above $60,000 against the US Dollar. BTC...

As we all remember, Elon Musk and Tesla shocked the world when back in February, they purchased approximately $1.5 billion worth of bitcoin, the world’s most popular digital currency by market cap. The company was one of the first institutions to add the digital currency to its balance sheet. Today, that $1.5 billion is worth approximately $2.5 billion, meaning Musk and Tesla have grown by about $1 billion in just eight months. Elon Musk Made the Right Choice to Hold...