Tag Archives: coronavirus

Frederick Kaufman – an English and journalism professor – has a new book out that talks about the rise of cryptocurrencies and their disruption of the money system as we know it. Kaufman: Crypto Has Really Changed the World of Money Titled “The Money Plot: A History of Currency’s Power to Enchant, Control and Manipulate,” Kaufman saw his book published as the coronavirus pandemic was taking hold. The pandemic proved to be a huge period of change for many people and...

Dan Schulman – the CEO of PayPal – has come a long way over the past few months. Approximately six months ago, his company announced that it would not only allow people to trade and sell digital currencies, but that people would soon be able to pay for goods and services with them. This caused bitcoin to spike to $13,000 after it was trading for just over $10,000, thereby gaining more than $3,000 in price in just a few days. Dan Schulman Thinks BTC Has Become Very...

Christian Angermayer is a 42-year-old German billionaire that seems to have become a big fan of cryptocurrencies. Angermayer Probably Has Money to Throw Around To be fair, he is a big fan of many things, claiming that he invests primarily in things that he has grown “curious” about. Perhaps when you have billions to throw around like that, you do not have to think much about where the money goes. You can potentially place it anywhere and just stand by and see what...

Bitcoin has been doing extremely well as of late. Late last week, the world’s number one digital currency by market cap briefly rose above the $60,000 line to bring investors into a whole new state of euphoria. As it turns out, many traders are heavily continuing their bitcoin investing given that several analysts are convinced this is just the tip of the iceberg. Bitcoin is expected to continue rising throughout the year, and there are many individuals out there that...

Billionaire investor and former hedge fund manager Mike Novogratz says he’s truly shocked by how far bitcoin has come in the past few years and how strong adoption is. Mike Novogratz: BTC Adoption Has Come Quite Far We all likely remember a time when bitcoin did not have the respect it does today. Many companies and individuals alike turned their backs on it, claiming that it was a scam or a fraudulent currency. They said that it was a Ponzi scheme that was likely to...

Bitcoin, the world’s largest and most popular cryptocurrency by market cap, has once again surged into the high $50,000 range. At the time of writing, one unit of BTC is trading for well above $59,000, suggesting that another attempt at $60,000 could be just around the corner. Bitcoin Has Surged Back Into the High $50,000s The asset reached its all-time high of more than $61,000 just a few weeks into the month of March, though this newfound stamina ultimately didn’t last...

The bitcoin price is really starting to heat up (as if it hadn’t already struck a high point). The currency rose from it’s all-time high of roughly $57,000 per unit to a whopping $61,000 during the early morning hours of Saturday, March 13, 2021, thereby experiencing a price surge that has put all past figures to shame. The currency just keeps booming and booming, and people are anticipating that this bull run is going to last for some time. Bitcoin Has Struck a Stronger...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – isn’t doing so hot. The currency has fallen to about $46,000 per unit at press time, meaning it is now about $10,000 lower than where it stood during the early portion of last week. Things are not looking good for the asset, but how much of this is just part of a healthy correction? Bitcoin Has Taken an Ugly Dip As it turns out, things may be a little more extreme than normal. While...

It’s getting harder and harder to doubt bitcoin. Yes, the currency remains rather volatile and vulnerable to outside market factors. Yes, the route towards establishing bitcoin as a payment currency has been rather rough, but the fact is that BTC has come quite a way since it was first established over ten years ago. The currency has been on a serious bull run for roughly one year, and analysts can’t see this run coming to an end anytime soon.Bitcoin Has Come a Long WayIt is estimated that...

For anyone who had doubted bitcoin in the past, now is the time to feel foolish considering the world’s number one digital currency by market cap has just incurred another major surge that sees it trading at a new all-time high of roughly $47,000.Bitcoin Just Keeps Heading HigherThis is about $5,000 more than where it was trading just 24 hours ago. The currency is experiencing another major burst after it was announced that Tesla – the electric car company owned and run by South African...