Tag Archives: News

Hester Pierce – playfully known as the “Crypto Mom” thanks to her loose attitude towards digital currencies – has had it with the government agency she works with – the Securities and Exchange Commission (SEC) – and all the people in it working to prevent a bitcoin or crypto-based exchange-traded fund (ETF). Hester Pierce: The SEC Is Too Slow Bitcoin ETFs have been all the rage for several years amongst crypto heads. They all think an ETF will be the next revolutionary...

Not long ago, cryptocurrency was pushed by an event that took place online. The event saw three major bitcoin bulls – Elon Musk, Jack Dorsey, and Cathie Wood – chatting online in an open forum to discuss the future of the world’s number one digital currency. Elon Musk Has a Lot to Say About BTC Just hours after the meeting took place, bitcoin saw its price bouncing back above $32,000 per unit, up $2,000 from where it had been just a couple days ago. While the move...

North American cryptocurrency mining company Core Scientific has announced plans to be listed publicly on the Nasdaq. Core Scientific Will Trade on the Nasdaq Soon The company is the latest in a huge string of crypto and blockchain-related companies to become publicly traded entities. Popular cryptocurrency exchange Coinbase arguably started this trend in mid-April and debuted on the Nasdaq with stock shares trading for more than $300 each. From there, several others...

Tim Draper has earned a reputation as being one of the world’s biggest bitcoin bulls. He is always there to defend the currency and inform people about how they can potentially take advantage of its growing list of benefits. Tim Draper On the Future of BTC In a recent interview, he spoke briefly about where he thinks the currency’s price is headed in the coming weeks and months. This has been something of a hot debate at the time of writing, as bitcoin is presently down...

Bitcoin rewards cards are typically only available to crypto traders and customers. Exchanges and companies like Coinbase offer them, but you need to be a client with the trading platform to get your hands on the product. Thus, it is often considered an exclusive tool. However, Upgrade Inc. is now making a crypto rewards credit card available to general members of the public, meaning you don’t have to be part of a specific organization or company to take advantage of...

Cryptocurrencies are on the verge of losing their edge in European countries as members of the EU (European Union) are now looking into banning all anonymous crypto trades. The European Union Is Working on New Crypto Regulations The process is designed to ensure all monetary transactions are safe. The organization is seeking to end all financial crime such as money laundering and terrorist financing and representatives believe this will lead to a stronger environment for...

Continuing a long streak of crypto companies that have gone public, popular trading app Robinhood is the latest digital currency enterprise to announce an IPO (initial public offering). The company is alleging that it will garner as much as $2 billion in new funds from the event it is planning to hold in the next few months, according to a statement filed with the Securities and Exchange Commission (SEC). Robinhood Is Set for Its Public Debut Shares will start out at...

Bitcoin is in a very dark place at the time of writing. After trading for a new all-time high of $64,000 per unit in mid-April of this year, the currency has once again (for the second time in the past few months) dropped below the $30,000 range and is now trading for just over $29,000. This means that in just three months alone, the world’s number one digital currency by market cap has lost more than $35,000 off its price and more than 50 percent from its value. Bitcoin...

A panel of crypto experts alleges that bitcoin – the world’s number one digital currency by market cap – will potentially remove fiat currency from circulation by the year 2050. This basically gives bitcoin approximately 29 years to become the primary financial product of the world. Bitcoin Is Rising to the Top On the one hand, this certainly seems possible. 29 years is a long time, and a lot can be accomplished within that period. On the other hand, is it really all...

The New Jersey Attorney General’s office has issued a cease-and-desist letter to blockchain company Block Fi to get the firm to end all marketing for its interest-bearing accounts. Block Fi Is at the Center of Some Unwanted Attention According to the letter, Block Fi has been busy selling unregistered securities and violating present securities laws. The company provides interest rates of anywhere between .25 percent and 8.5 percent depending on the amount of money...