Tag Archives: Bitcoin

Orlando Bravo – a billionaire private equity investor – is going nuts for bitcoin, and revealed in a recent interview that he owns quite a bit of the world’s number one digital currency by market cap. He commented that in the long run, institutions are only just beginning to warm up to the asset, and he’s confident things can only explode upwards from here. Orlando Bravo Seems to Love Bitcoin He asked his listeners confidently: How could you not love crypto? Recently...

Billionaire investor Chamath Palihapitiya recently stated in an interview that he has put hundreds of millions of dollars into bitcoin, the world’s leading digital currency by market cap. He also stated that he doesn’t think governments will be able to impose a “blanket ban” on cryptocurrencies, clearly a reaction to China’s latest maneuvers. Chamath Palihapitiya On Where BTC Will Be in the Future Not long ago, Palihapitiya was asked to comment on verbiage delivered by...

Twitter is unveiling a new “bitcoin pay” option that will allow as many as 330 million active users to send BTC funds between each other. Twitter Will Allow Users to Exchange Bitcoin with Each Other The company is going to harness the power of the Lightning Network to initiate this feat. The Network has garnered a solid reputation in recent years thanks to its ability to take payments and transactions off-chain. Many smaller bitcoin transactions are bogging down the...

African cryptocurrency exchange Yellow Card has garnered more than $15 million in Series A funding, making this the largest funding round for a digital currency trading platform situated on the continent. Yellow Card Gets a Lot of New Funds The money was raised with the help of Valar Ventures, Third Prime, and Castle Island Ventures. Companies like Square, Coinbase Ventures and Blockchain.com Ventures also contributed funds to the growing business. The company has its...

Bitcoin is recuperating from the recent losses it incurred thanks to China. The nation has become the biggest as of late to rock the crypto world by ending all bitcoin transactions and declaring the digital currency and all its counterparts illegal. Bitcoin Is Headed for the Stars However, it looks like bitcoin has survived the aftermath and after falling to about $42,000 per unit, the currency is trading once again above $43K. In addition, smaller coins – such as...

Bitcoin price started a major decline below the $43,000 support against the US Dollar. The price is now trading below $43,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $43,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must settle above $43,000 to start a steady increase in the near term. Bitcoin price is recovering higher above $42,000 against the US Dollar. BTC could...

Bitcoin is going through another hard time now that China has fully banned it. It’s not like bitcoin has been faced with harsh conditions in the past, but the one thing we can all agree to is that BTC tends to recover every time it deals with opposition. This has been noticed by analysts such as Dennis Lynch of Morgan Stanley, who recently likened BTC to the character of Kenny on “South Park.” Dennis Lynch Likens BTC to Kenny of “South Park” For those of us who have seen...

Port Aventura, a world resort, is currently developing software that will allow its customers to pay for rooms and other vacation-related expenses with digital currencies. Presently, the company boasts several theme parks in Europe along with six hotels that contain approximately 2,300 total rooms. Port Aventura Gives a Greenlight to BTC Payments The software is set to be released in early 2022 and will be installed in every hotel hosted by Port Aventura. From there, the...

Digital trading platform Robinhood is unveiling a new line of crypto wallets. The company has gotten heavily into the digital currency space over the past few years and is allegedly looking to capitalize on its newfound popularity in the field. Robinhood Is Pushing Its Crypto Division Forward The wallets will be rolled out in phases. In the beginning, they will only be available to select customers, though Robinhood has stated that should things work accordingly, the...

Budapest – the capital of Hungary – has recently unveiled a new bronze bust of Satoshi Nakamoto, the alleged pseudonymous creator of bitcoin, the world’s number one digital currency by market cap. Satoshi Nakamoto Will Always Be Remembered For the most part, the bust is rather faceless and expressionless. This was done on purpose according to the statue’s designers Gergely Reka and Tamas Gilly. They mention on a website discussing the work: We do not know the gender,...