Tag Archives: News

Bitcoin is doing extremely well as of late. It has recently crossed the $51,000 line, and it appears to be staying there. Several institutions and major tech industry players have been investing in the asset and seem to be viewing it through a rather positive lens, but this isn’t changing the minds of most financial executives when it comes to BTC and crypto.Bitcoin Is Doing Well, but It’s Not Loved By EveryoneIn a recent survey, only 16 percent of the world’s primary financial heads say they...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has surged to a new all-time high, having broken $50,000 and now trading for just over $51,000. To be fair, the asset has done this once or twice in the past, but it was always followed by a quick drop to the high $48,000 range, suggesting that bitcoin either didn’t have the momentum we all thought it did yet, or the change happened way too fast.Bitcoin Has Shot Up AgainBitcoin has shown in previous...

Cryptocurrency has been all the rage as of late. Many celebrities – from rapper Jay-Z to Twitter head Jack Dorsey – have been consistently jumping onboard, and it looks like Jake Paul – a renowned star of the video and content sharing website YouTube – has been in talks to develop his own cryptocurrency with fellow YouTuber Ben Phillips.Jake Paul Is Clearly a Crypto FanIn a recent interview, Paul commented that no plans have been fully established yet. He also says that this would not be some...

For the first time in history, bitcoin – the world’s number one digital currency by market cap – has surged beyond the $50,000 mark. At press time, the currency has fallen a bit and is now trading in the high $48,000 range, though early this morning, the asset did strike a chord that everyone has been actively anticipating for some time.Bitcoin Has Reached a New MilestoneThe globe’s primary cryptocurrency has been surging since last October. Following an incredibly bearish September, the...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has slunk back a bit from its recent $50,000 excursion. That’s right… The world’s primary digital asset hit the $50K mark early this morning, though at press time, it has seemingly fallen back to a little over $48,000. However, Adam Malolsepszy – a 26-year-old who used to work in the finance industry – is finally embracing the asset for what it is and choosing to get involved.Adam Malolsepszy Steps...

When bitcoin and cryptocurrencies were first created, they were made to potentially replace fiat. The fact is that the Great Recession – which is when bitcoin was first introduced to the world – brought a lot of people’s confidence in standard money and institutions down, and cryptocurrency could have possibly served as the answer they were looking for. However, according to James Bullard – the St. Louis Federal Reserve president – the idea of crypto replacing standard fiat is never going to...

Bitcoin cash price rallied sharply above $550 and $650 against the US Dollar.The price traded as high as $774 and settled well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with support near $688 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either correct lower below $680 or it might a fresh rally above $720.Bitcoin cash price is consolidating gains after a strong rally to $774 against the US Dollar, similar to...

No doubt that with bitcoin and the establishment of the crypto space about 12 years ago came the furthering of financial crime. To this day, many analysts and industry experts express concern regarding the amount of money laundering and other forms of criminal behavior that continue to rock the crypto space and drag it further away from legitimate or mainstream territory.Is Money Laundering as Big a Problem as We Thought?The good news is that while the crime may seem widespread and heavy, new...

Valentine’s Day is a time of love and affection. A time when couples gift each other with flowers, chocolates, jewelry, a nice meal or anything else that lets the other know how much they mean to them. However, it’s always hard when one’s partner gives off mixed signals, and for bitcoin, that’s exactly what happened during the holiday weekend.Bitcoin Has an Up-and-Down HolidayValentine’s day saw bitcoin spike to nearly $50,000 for the first time in its short, yet significant history. The...

Many regulators – including Hester Peirce of the Securities and Exchange Commission (SEC) – are claiming that more legislation and monitorization of the cryptocurrency space is necessary if digital assets are going to continue to be adopted by huge companies.Peirce Wants More Rules in the Crypto SpaceOver the past few weeks, several large tech and financial companies – such as Tesla – have invested money into bitcoin, the world’s largest and most popular digital currency. In addition, Tesla...