Tag Archives: News

Bitcoin has a lot going for it, which is why there are many traders out there that would likely feel the hurt if they ever lost their coins or couldn’t gain access to them. For one person, that pain has become a thing of the past thanks to the help of a rather savvy computer expert.Bitcoin Can Be Lost for GoodWhile roughly 18 million of 21 million bitcoin units have been mined over the past 12 years, it is estimated that there are far less in circulation given how many units have been lost or...

August 6 saw Los Angeles-based Bitcoin IRA offering a seminar that showed viewers how they could uncover the price patterns of both bitcoin and gold.Bitcoin IRA Brings Gold and BTC TogetherThis is likely the stuff of intrigue for many crypto advocates throughout the world right about now considering both bitcoin and gold appear to be shifting into bullish territory at the same time. One could almost make the argument that the two are more correlated now than bitcoin and the stock...

Binance – the world’s largest and most prominent cryptocurrency exchange by market cap – has been experiencing a few problems over the past few days. It looks like one customer’s trading activities is responsible for sending the price of certain bitcoin futures up into the $100K range.Binance Deals with a Naughty CustomerBinance chief executive Changpeng Zhao explained in a tweet:Another day in crypto. A user’s [algorithm] went ballistic and sent multiple orders to achieve this.The good news...

Dapper Labs – the same company that invented Crypto Kitties – is building a new platform called Top Shot that will feature blockchain-based basketball and NBA trading cards.Dapper Labs Is Bringing Its Next Big Project to FruitionThe cards boast several high-ranking players in the league, as well as various top basketball moments in history bundled in packs. Some of the featured players or moments on the cards include a dunk by Zion Williamson and the euro step from Giannis Antetokounmpo. Top...

Analysts are still struggling to make sense of the situation surrounding both cryptocurrency and the presence of institutional traders.Institutional Traders May Not Have to List All Their AssetsThe good news is that more institutional players have become involved with crypto in recent years. New evidence from the likes of companies such as Grayscale suggest that, considering the platform has recorded more than $1 billion in BTC investments for its third quarter. This means that more than $300...

After weeks of reaching new highs, both bitcoin and gold have drawn back a little bit after news has emerged that the United States is doing better in the jobs department than originally anticipated.Bitcoin Takes a Few Steps BackSometimes, it’s necessary to give something up to garner a positive outcome of some kind, and in the case of people’s livelihoods and financial stability, what could be more important? With so many people out of work as of late due to the growing coronavirus pandemic,...

Anthony Pompliano of Morgan Creek Capital fame has always been a big bitcoin guy, and now he’s taking his predictions even further. He’s sticking to his guns when it comes to bitcoin reaching $100,000 by the end of 2021, though now he’s stating that the currency will potentially shoot up to a whopping $450K after that, and the bitcoin market cap will be comparable with that of gold and hit the trillions.Anthony Pompliano: BTC Is Going to Shoot Up, Up, UpPompliano is confident in bitcoin’s...

Congress and politicians appear to be getting in on the bitcoin and cryptocurrency game a lot more over the past several months. Recently, Republican representative Tom Emmer of Minnesota commented that bitcoin is about to get a lot stronger and much more relevant in the coming weeks.Tom Emmer: Bitcoin Is About to Get a Lot TougherBitcoin has had a very strange year in 2020. The currency initially started in the high $6,000 range but spent the first few days of the year rising into the low to...

According to blockchain firm Chainalysis, institutional traders are beginning to have a larger hand in how bitcoin moves and in the kinds of transactions that are occurring within the space.Chainalysis: We’re Seeing Bigger Institutional TradesIt is often said that institutional players are essential when it comes to bringing legitimacy to bitcoin and cryptocurrency. For bitcoin to be mainstream, professional traders need to use it, store it and sell it. However, it’s widely whispered that...

According to analysts at JPMorgan, more and more young people are flocking to bitcoin and cryptocurrencies, while older generations have their eyes centered on gold.JPMorgan: Young People Like BTC, Older Ones Like GoldBoth bitcoin and gold have done increasingly well as of late. Bitcoin has shot up to roughly $11,700 at the time of writing – the highest it’s been in about a year – while gold has hit $2,000 per ounce.In a recent statement, persons associated with JPMorgan commented:The two...