Tag Archives: News

Taproot is a bitcoin upgrade that went into effect two weekends ago. The upgrade has got a lot of people – particularly developers – excited about the future. It also caused the world’s number one digital asset to shoot up in price to about $68,000 once again, though it appears the momentum was too much for the currency given that it’s now back down to about $60K per unit. Taproot Will Make BTC More Like ETH This is the first major update for bitcoin in about four years....

Economist Mohamed El-Erian says he bought and sold bitcoin too early in the crypto game. He also said that while he is open to purchasing the digital asset again, he would only do so during specific times and under specific terms. Mohamed El-Erian Isn’t Against Bitcoin As the chief economic advisor to Allianz, El-Erian says he was largely compelled to buy bitcoin after it struck its first all-time high of roughly $20,000 per unit. He bought the asset during the crypto...

Multi-industry consulting firm Treliant has brought Michael Saxon onboard as its new senior director. Saxon will work to grow the company’s blockchain and cryptocurrency advisory services for the company’s expanding list of clients. Saxon Is the Man for the Job Saxon has worked as a consultant for the past several years in the blockchain space. Not only has he advised many up-and-coming firms, but he has also led several new projects that have pushed the digital currency...

Cryptocurrency is growing heavily as of late, though it’s probably safe to say that a lot of people still aren’t terribly familiar with it. They’re unaware of how it works, how to trade, or even what companies are emerging that are pushing the crypto and blockchain agendas. That may change now that PR firms like Parrot Media Consultants are getting involved. Parrot Media Is Helping Crypto Move Forward Parrot Media is a public relations firm that is starting an entirely...

For many, bitcoin has become the prime investment tool. If you want to strike it rich and have all your wealth solidly in one place, one needs to invest in the world’s primary digital currency by market cap. That’s the attitude several traders have, but it’s not shared by all. A few – such as Kyle Bass – believe that the big money has already been made in BTC, and the time has come to move on. Kyle Bass On Bitcoin… It’s Days Are Numbered Bass is the founder and chief...

The Parliamentary Standing Committee on Finance in India has recently issued a statement saying that bitcoin and cryptocurrency must be regulated given that the digital currency and blockchain spaces “cannot be stopped.” India May Be Moving In the Right Direction This is a huge statement coming from an authority based in India given the country’s up-and-down relationship with what is arguably one of the largest and fastest-growing financial industries out there. India...

One of the richest people in the digital currency arena is Sam Bankman-Fried, the CEO and founder of popular cryptocurrency exchange FTX. He says that one of the big things that helps keep him rich is charity and giving away part of his crypto funds to other needy people and industries. This helps him keep his money in check and consistently reminds him about what’s important in life. Sam Bankman-Fried Says Giving Crypto Away Keeps Him Grounded In an interview,...

According to legendary investor Ken Griffin, bitcoin will soon be a thing of the past. The world’s number one digital currency by market cap will eventually be outdone by its main competitor Ethereum, which in turn, will be outdone by a whole new generation of digital currencies. He suggests that this will be a vicious cycle, in which many crypto assets likely will not survive and be replaced by future coins. Ken Griffin Thinks ETH Will Outdo BTC In an interview, Griffin...

Bitcoin cash price started a major decline below $650 zone against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $615 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating losses there are chances of more downsides below $540 in the near term. Bitcoin cash price is showing bearish signs below $600 against the US...

A man in Cedar City, Utah has been accused by officials of the Federal Bureau of Investigation (FBI) of paying bitcoin to hitmen granted they would be willing to make two people disappear amidst a custody battle. 41-year-old Christopher Pence has been charged by the U.S. Attorney’s Office in the Northern District of New York and faces a maximum sentence of ten years in prison if convicted. Pence Is Looking at a Lengthy Prison Term According to court documents, Pence was...