Tag Archives: Bitcoin

The debacle in Afghanistan continues, and the incompetence of Joe Biden and his cronies in the U.S. is becoming more evident than ever. Figures like Muhammad Ali sought to bring a whole new level of crypto-based innovation to the country before the Taliban took over. Now, Ali finds himself not a crypto-based business developer, but a fugitive on the run. Muhammad Ali Cannot Engage in BTC Activity in Afghanistan In a recent interview, Ali claimed that he was fleeing...

Leading software firm MicroStrategy has purchased another $177 million in digital currency and bitcoin. This brings the company’s total investment to a whopping $5.3 billion at the time of writing, making it the biggest institutional holder and supporter of BTC over the past year. MicroStrategy Now Holds More than $5 Billion in BTC MicroStrategy initially began investing in bitcoin about a year ago in August of 2020. Since then, it began a series of purchases that...

Substack – a content platform backed by Andreessen Horowitz – will allow users to access VIP content in the future granted they pay with cryptocurrency. The content can be accessed utilizing the company’s new payment processor known as Open Node. Substack Is Pushing the Bitcoin Agenda Further This is a big deal in the sense that the firm is now pushing the initial goals of bitcoin and cryptocurrency closer to reality. The fact is that bitcoin and many of its altcoin...

Bitcoin and cryptocurrencies are surging as of late – so much so that the $2 trillion valuation barrier has once again been breached. Not long ago, bitcoin rose back up over the $50,000 mark, and it looks like things are continuing in this bullish train, though BTC has fallen back a bit by about $2,000 at the time of writing. Bitcoin Could Find a New Enemy in Quantum Many technologists are now claiming that the bitcoin software needs to be updated. They warn that if this...

After the embarrassing and heartbreaking debacle last week that occurred in Afghanistan following the heightened incompetence of Joe Biden, news is spreading of the growing presence bitcoin has in the country. Many banks and standard financial institutions have either been shut down or are not presently in working order, and thus several residents are seeking out the aid of BTC and digital assets as a means of surviving. Bitcoin’s Presence Is Growing in Afghanistan One...

Bitcoin is picking up speed. After several months of traveling through the doldrums, the world’s number one digital currency by market cap appears to be moving back up the financial ladder once again. The currency is presently trading for just over $50,000 per unit, meaning it has gained approximately $5,000 over just the past few days alone. Bitcoin Is Moving Back Up Bitcoin has been going through a hard time as of late. The asset – which spiked to a new all-time high...

Bitcoin price gained pace and it cleared the $48,000 resistance against the US Dollar. The price is now trading above $47,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $49,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $47,300 support level to continue higher in the near term. Bitcoin price is losing pace above $48,000 against the US Dollar. BTC is...

Bitcoin is and always has been the world’s number one digital currency by market cap, but according to Nigel Green of the deVere Group, Ethereum will soon rise to the top of the crypto ladder. Nigel Green: We Will Soon See ETH at the Top In a recent interview, Green mentioned: Ethereum will continue to outperform bitcoin in 2021 and will, ultimately, exceed its rival’s value. Ethereum is the number two largest cryptocurrency in the world, second only to BTC. This makes...

Despite a string of heavy financial losses, Mike Novogratz – the head of Galaxy Digital Holdings Ltd – is remaining positive about bitcoin and the growing digital finance space. Mike Novogratz Is Looking to Start a Bitcoin ETF In a recent interview, Novogratz has revealed that his company has applied with the Securities and Exchange Commission (SEC) to begin a bitcoin-based exchange-traded fund (ETF), which has arguably been the object of many crypto companies’ affection...

Mobile Coin has added a whopping $66 million to its financial reserves following its latest funding round. Mobile Coin Gets a Lot of Cash in the Bank Mobile Coin has stated that it is looking to instill privacy measures for all who would utilize it. Thus, the platform seeks to reject all advertising and instead relies on peer-to-peer networking for all payments, thereby allowing transactions to remain hidden while still occurring on the blockchain. The firm is open to...