Tag Archives: News

A man has pled guilty to trading bitcoin for illegal drugs. 32-year-old Paul Johnson of Leicestershire in the United Kingdom will now likely face jail time for his actions.Paul Johnson: Pay with BTC for Your DrugsCrypto-based crime is rather common throughout the industry, and if bitcoin and digital assets are ever to attain legitimate and mainstream status, their association with the dark web and illicit activity will have to end. Unfortunately, there are too many individuals out there that...

Wealth manager Andy Edstrom has predicted that bitcoin will reach $400,000 by the year 2030, thereby bringing bitcoin’s total market cap to approximately $8 trillion and making it one of the most valuable assets across the globe.Edstrom: BTC Will Incur a Mega Spike in Ten YearsEdstrom works with a California-based investment platform known as WESCAP. In a recent interview, he stated he’s “pretty bullish” on bitcoin and thinks that the currency could reach the stars in roughly ten years. He...

After all this talk of a potential pullback, after all the chatter and discussions involving death crosses and failed attempts at pushing past present resistance, bitcoin has, once again, impressed us all and added another $500 to its price overnight, thereby bringing its present figure past the $9,600 mark.Bitcoin Fires Past Previous ResistanceYesterday, it was reported that stocks and altcoins were moving ahead, while bitcoin was undergoing a period of light struggle. The currency had...

The Tron cryptocurrency head Justin Sun and Berkshire Hathaway’s Warren Buffett got dinner together, this time without major announcements.Justin Sun has finally met the legend of Western Business. According to Justin’s Twitter, he had a charity dinner with one of the most famous business sharks in the world. Every year since 2000 Warren Buffett is auctioning one dinner with himself to help out the poor.Justin Sun of TRON Foundation was the man who pledged the biggest sum only to have the...

Tesla (TSLA) stock has plunged as the company has announced a delivery delay caused by the fears related to the coronavirus epidemic.Much to the disappointment of many, Tesla (TSLA) stock has begun to fall amid the coronavirus. Tesla, which has been on a very impressive and largely unprecedented surge for a while now, has shed some of its weight because of a delivery issue connected to the epidemic.TSLA Stock CrashOn Wednesday, Tesla vice president Tao Lin announced that the company might...

Tesla has been affected by the pressure from the coronavirus outbreak in China, where it has decided to temporarily close all its stores. The move will delay unit delivery to customers who had ordered. TSLA stock price is falling.The American electric automaker company Tesla has temporarily closed its stores in the entire mainland China due to fears of coronavirus spread. The move was not welcomed warmly by the customers who were waiting for unit delivery in February. As a result, in the...

Yesterday, BTC price was back to growing. Today, on Thursday, February 6th, the asset continues its growth mostly around $9,700.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Number of BTC transactions has exceeded 500 million.Commission for transfer in BTC worth 460 million USD was less than 1 USD.Bitcoin price is moving higher. As we can see in the weekly chart, Bitcoin is forming a steady rising wave. In this case, the upside target is the resistance level at...

China has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement.On Thursday, China said it will cut down tariffs on more than a few U.S. goods. Chinese authorities announced it will reduce tariffs placed on these goods worth $75 billion by 50%.China Cuts Tariffs as Trade Tensions ImproveChina had initially announced tariffs on these goods on Sept. 1. 2019. The tariffs were in retaliation to...

Verizon Media, that is dedicated to transforming the way people stay informed and entertained, has announced the launch of a new site for generation Z. The site is called Cashay.Verizon Media (a division of Verizon Communications) in its quest to capture the attention of millennials launched an entirely new site called Cashay. It is dedicated to inculcating millennials into the intriguing world of finance and make the tricky process look easy and seamless.The new site will feature a mixture...

The new coronavirus strain which originated in China has spurred a few related developments. Here are some updates we’ve compiled.Coinspeaker has a few updates sparked by the undesired effects of the coronavirus as it continues its fatal spread in China. The government in China, is currently taking several measures to control the spread. Similarly, other countries are doing the same. However, the Chinese government is unhappy with the restrictions.China Decries Coronavirus Travel...