Tag Archives: News

A bitcoin-based exchange-traded fund (ETF) has finally made its way to the middle of North America. The United States has long awaited the introduction of a bitcoin ETF after many years have gone by of companies submitting applications only to have them rejected ungraciously. A Bitcoin ETF Has Made Its Way to the U.S. This new product is being offered by Pro Shares and is being traded on the New York Stock Exchange (NYSE). It trades under the ticker BITO, and investors...

Coinbase is helping Facebook launch its latest cryptocurrency project Novi, a digital wallet. The product launched early Tuesday morning and Coinbase – one of the world’s most popular digital currency exchanges – was hired to assist with the logistics of the wallet. Coinbase Is Facebook’s Knight in Digital Armor The social media giant is offering a batch of varying digital currencies to users that will be stored on Coinbase. These assets are available to anybody who...

Bitcoin cash price started a major increase above the $600 zone against the US Dollar. The price is now trading above the $620 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $620 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $640 and $650. Bitcoin cash price is showing positive signs above $620 against the US Dollar, similar...

Fancy a new facelift? What about a tummy tuck or a butt lift? The possibilities are endless given that crypto fans can now pay for plastic surgery with digital assets thanks to the open mind of Georgia Plastic and Reconstructive. Georgia Plastic Is Okay with Accepting Bitcoin The company is the latest to say “yes” to crypto payments and push the bitcoin agenda forward. Initially, digital currencies were designed to serve as payment currencies and push things like checks,...

Mark Cuban has established himself as the latest bitcoin and crypto fan in recent months. In an interview not too long ago, the billionaire investor claimed that bitcoin held a “huge advantage” over other forms of digital currency. Mark Cuban Believes Bitcoin Is Stronger Than Other Currencies When it comes to serving as a store of value, Cuban believes that bitcoin – the world’s number one digital currency by market cap – has “zero competition,” and that it is the “best...

Jack Dorsey – the CEO of both social media giant Twitter and payments company Square – says that his latter company is looking into potentially creating a simplified mining rig that he believes will help the industry get stronger. Dorsey and Square Tackle Crypto Mining In a tweet last week, Dorsey explained: Square is considering building a bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow...

EOS price started a decent increase above the $4.65 zone against the US Dollar. The price is now trading above $4.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $4.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $4.90 and $5.00 resistance levels. EOS price is showing positive signs above $4.50 against the US Dollar, similar to...

Litecoin price found support near $170 and started a fresh increase against the US Dollar. LTC price is now trading above $200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $190 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $232 unless it fails to stay above the $190 level. Litecoin price is climbing higher above $200 against the US Dollar, similar to...

Bitcoin is doing better than it has in a long time. The currency – which was trading for $64,000 per unit in April of this year – has suffered somewhat in recent months, experiencing some bearish behavior that ultimately brought it down below the $30,000 mark for a brief period. However, at press time, the currency is trading again above $60,000, and is only a few thousand dollars shy of where it was six months ago. Bitcoin Has Reached a New Pinnacle For the most part,...

In a recent statement, Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – made a case for creating a whole new regulation department to oversee the processing of cryptocurrency transactions. Coinbase Has Some Big Ideas Regarding Crypto Regulation Right now, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are tasked with examining crypto activity and digital processes. However, these...