Tag Archives: Bitcoin

Someone has a serious attitude against the Bank of England. Either that or they just hate banks in general and happen to live in England. Thus, they are taking their anger out on the nearest centralized financial institution. This week saw the Bank of England repeatedly hit with laser messages that bashed traditional monetary systems while praising bitcoin. The Bank of England Served as a BTC Billboard Some of the messages read, “Fiat is the bubble, and bitcoin is the...

Popular bidding and auction website eBay has announced that it is “open” to the idea of utilizing bitcoin payments in the future. This does not mean that eBay has said yes right away. Rather, it is only considering the prospects of crypto payments for goods and services and will ultimately decide down the line. eBay Says It Is “Open” to BTC Payments Either way, considering how large eBay really is, this is a massive step forward, and bitcoin and its altcoin cousins are...

Ethereum—the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin—has struck gold over the weekend and has seemingly hit a new all-time high exceeding $3,000 per unit. Ethereum is Trading for More Than $3K Ethereum is arguably one of the biggest and most popular coins around. While it may not have the market value of bitcoin or the size and scope of its predecessor, it is still a very important coin for many reasons, the biggest...

We keep seeing examples of big companies getting involved in cryptocurrency. Figures like Michael Saylor of MicroStrategy and Elon Musk of Tesla are packing all their money into the crypto space and getting all that they can out of the world’s number one digital currency, but according to Jerry Klein, the managing director of Treasury Partners, not all the planet’s big companies and financial figures are going nuts for BTC. Jerry Klein: Bitcoin Is Still Too Risky The...

Bitcoin price started a fresh increase after testing the $47,500 support against the US Dollar. The price is now trading above $52,000, but it is struggling near the 55 simple moving average (4-hours). There was a break below a major rising channel with support near $55,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a fresh decline if it fails to clear the $56,000 resistance zone in the near term. Bitcoin price is...

Fred Wilson is the co-founder of Union Square Ventures. As a successful investor, he has put his money into many leading companies such as Tumblr, Etsy, Twitter and Zynga, and he was one of the first people to see the platforms as things other investors should take seriously. Fred Wilson Knows What He’s Doing This attitude has made him quite wealthy over the years. It is also an attitude that caused him to invest in Coinbase long before it was the high-ranking company it...

MicroStrategy – the software firm that ultimately became one of the first (if not the first) institution to publicly support and purchase bitcoin – is taking its love for BTC to even greater heights. In its recent earnings report, the company has stated that it is looking to purchase even more bitcoin in the coming months, and that bitcoin buys will potentially become the norm. MicroStrategy Still Loves Its BTC The report reads: We continue to be pleased with our bitcoin...

Kevin O’Leary – aka Mr. Wonderful from the popular television program “Shark Tank” – has a lot of respect for both bitcoin and Ethereum. He thinks they are both remarkable developments in the world of finance. It is just that he respects bitcoin a little more. Kevin O’Leary: Bitcoin Will Always Be King In a recent interview, O’Leary commented that Ethereum – no matter how popular it is or how big and strong it becomes – will always be “number two” following bitcoin....

Did Facebook buy bitcoin? There is a rumor moving about online that the world’s biggest social media platform may have added the biggest digital currency by market cap to its balance sheet. There Is Talk That Facebook Bought BTC While at the time of writing these ideas are unproven, Facebook adding bitcoin to its playbook would be both surprising and unsurprising at the same time. For one thing, many largest institutions have been purchasing the digital currency in...

As of late, bitcoin has been struggling somewhat. After reaching a new high of roughly $64,000 per unit a few weeks ago, the world’s number one digital currency by market cap fell below $50,000, thereby losing approximately $15,000 off its price. Bitcoin Is Going to Rise, Say Analysts Now, while the asset has come back somewhat, bitcoin is still struggling to move into the high $50,000 range. It is presently trading for about $53,000, which is a drop from last week’s...