Tag Archives: Bitcoin

YouTube star KSI is the latest celebrity figure to become a major bitcoin fan. KSI Sure Loves His Bitcoin In a recent interview, the video maker and rapper commented that bitcoin was “the future” and that it was a “long haul thing.” When asked what he would do if he was prime minister, he responded with: I would give everyone 100 pounds worth of bitcoin, like a bitcoin stimulus package for all. I’m really into crypto. I think bitcoin is the future. It’s going to be long...

The recent bitcoin crash saw the world’s number one digital currency briefly trading below the $30,000 mark. At the time of writing, the asset has shot up to about $42,000 per unit, meaning it has gained roughly $13,000 in just a matter of weeks. Things are going better for BTC, and it looks like the crash may be over. According to Sam Bankman-Fried – one of the world’s youngest crypto billionaires – the recent drop could have been a lot worse and played out rather well...

The cryptocurrency space is climbing towards a market cap of roughly $1.7 trillion given that bitcoin is now trading above $42,000 – something it hasn’t done in a very long time. The currency was allegedly given a slight push by the “London” upgrade that occurred for Ethereum a few days earlier, and this upgrade likely caused several other altcoins (such as Cardano and Polkadot) to shoot up as well. Ethereum Is Slated to Flip Bitcoin in the Coming Years But while bitcoin...

Fidelity Investments Inc. is now a major stakeholder in Marathon Digital Holdings, one of the biggest bitcoin mining firms in North America. Fidelity Investments Buys More Than 7% of Marathon At the time of writing, Fidelity has purchased a 7.4 percent stake in the crypto mining enterprise, thereby boosting the institutional presence that has grown so prevalent in the crypto world over the past few months. Since the end of last year, many institutional figures from...

Billionaire investor Ray Dalio clearly has a soft spot in his heart for bitcoin, but when it comes to gold, it looks like that soft spot gets even bigger. In a recent interview, Dalio was quick to claim that bitcoin is like a digital version of gold, but he still values the real thing over its digital counterpart. Ray Dalio: Gold Is a Better Choice In the interview, Dalio explains jokingly: If you would put a gun to my head and you said, ‘I can only have one,’ I would...

Ethereum is surging like crazy as of late. Many investors are piling into the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin after its newly scheduled upgrade took place. The upgrade is simply going by the codename “London” at the time of writing. Ethereum Is Booming! Over the past day alone, Ethereum has surged by more than eight percent. It appears the currency’s rally is allegedly helping its fellow altcoins, such as BNB –...

Bitcoin has been struggling as of late. While the currency has jumped into the high $30,000 range, the world’s number one digital currency by market cap had initially dropped by more than 50 percent from its mid-April high of roughly $64,000. Bitcoin May Reach $700K in the Next Decade Still, that isn’t stopping people from losing hope, and now Dan Morehead – the founder of Pantera Capital – is suggesting that bitcoin could spike as much as 1,500 percent within the next...

Not too long ago, bitcoin endured something of a comeback, hitting the $40,000 mark for the first time in well over a month. While the price didn’t last, the currency is still in the high $30,000 range, which is considered a step forward in the right direction given how poor bitcoin was doing before, but with the new infrastructure bill making its way into the United States, many analysts and traders are worried that things could potentially begin to fall again, as the...

Bitcoin price failed to extend gains above $42,650 against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $40,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to bounce back as long as it is above the $37,000 support zone. Bitcoin price is slowly moving lower below $40,000 against the US Dollar. BTC could start...

Bitcoin has been suffering heavily as of late. Yes, the currency has managed to touch $40,000 once or twice during the past week, but the asset is still considerably lower than where it was in April of this year – a time that saw the world’s number one digital currency hit a new high of roughly $64,000 per unit. Despite the gloom and doom surrounding BTC, MicroStrategy and its CEO Michael Saylor have no interest in turning their backs on the asset and have announced more...