Tag Archives: Bitcoin

Mark Cuban is a billionaire with a lot of ideas in his head. While he has, for the most part, had a very up-and-down relationship with bitcoin and its altcoin cousins, he recently admitted to being invested in the world’s largest digital currency by market cap. He also claimed to be a fan of ETH given its capabilities with smart contracts. Mark Cuban: I Look at “Blockchains as Networks” In a recent interview, Cuban discussed what it was that brought him onto the...

Bitcoin is crashing. Everybody knows that right about now, and the world’s number one digital currency has fallen to around $34,000 per unit at the time of writing. The currency has lost roughly $30,000 from its previous all-time high of $64,000, which it attained in mid-April, and many are wondering if companies such as Tesla – which purchased a lot of BTC about three months ago – did the right thing with their money. Did Tesla Do the Right Thing Regarding Bitcoin?...

In recent weeks, Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has been taking a lot of flack regarding his stance on bitcoin and his alleged role in the asset’s downfall, but according to Cathie Wood of Ark Invest, Musk is going to prove to be one of the most positive figures in the crypto space in the coming future. Elon Musk May Be a Big Part of Crypto in the Future Musk has been highly controversial as of late...

Andrew Dawood started out as a simple flight attendant, but his savvy investing has made him a millionaire, and he has things like bitcoin and GameStop shares to thank. Andrew Dawood Is Reaching for the Top Born in Egypt, Dawood relocated to Dubai in the United Arab Emirates with about $50,000 to his name. A solid amount for someone so young, but he was ready to make his move and turn that small fortune into a big fortune. Naturally, he turned his attention to bitcoin,...

Here is a story that is likely to get your positivity flowing. As we all know, bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has fallen from its recent all-time high of approximately $64,000 – which it attained in mid-April – down to about $38,000 at press time. The price of bitcoin has fallen harder than it ever has in the past 12 years, but according to many analysts, the asset is still on its way to reaching a...

One of the big rumors surrounding both the stock market and the bitcoin space is that they are correlated. That they follow each other and wherever one goes, the other is likely to follow suit. A new study has emerged claiming that this is not a rumor, but rather the truth. Bitcoin and Stocks Are Closely Tied The study was performed by analysts with DBS, a Singapore-based bank. The individuals in charge of the study were Taimur Baig – an economist – and Chang Wei Liang,...

If you are into chess and bitcoin, then this upcoming tournament is likely to keep you fully entertained. Do Chess and Bitcoin Go Together? Some of the world’s biggest and best chess players are gathering to play for a massive, six-figure bitcoin prize. The competition will feature as many as 16 grandmasters – including the top ten chess players in the world – to battle each other on the board and possibly get their hands on a massive crypto prize. The contest is known...

As the bitcoin space continues to grow, major banks and financial institutions around the world are completely confused about what to make of it and what their next steps should be. Banks Don’t Know What To Make of Bitcoin The idea up to this point is that banks are not entirely fearless of bitcoin. They know that it is a growing asset despite the problem that it has sunk in price greatly over the past few weeks. This has not deterred people from investing in BTC and...

With bitcoin continuing to slip into oblivion, it is no wonder why so many financial analysts and firms seem to believe that the world’s number one digital currency by market cap is going to get overtaken in the coming weeks and months, and according to a new report from monetary powerhouse Goldman Sachs, executives firmly believe that Ethereum may be on the verge of being king of the crypto space. Goldman Sachs Seems to Think ETH Will Come Out on Top Earlier in the...

Tom Lee – a Wall Street analyst of Fundstrat fame – has announced that bitcoin could potentially reach a price of approximately $100,000 by the end of the year. Tom Lee Predicts $100,000 for BTC By End of 2021 Lee has consistently been there to push bitcoin. He has been one of the world’s biggest bulls since day one, and he has always suggested largescale prices for bitcoin in the long run, but as usual, his discussions should always be taken with a grain of salt –...