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Tag Archives: News

Mike McGlone: Bitcoin Could Reach $400K This Year

Bitcoin has surged like no other asset. The currency is presently trading for about $58,000 – just $3,000 shy of its all-time high. However, while this may all sound dandy at first, there are many analysts out there who seem to think this is just the tip of the iceberg. They claim that bitcoin is going to continue skyrocketing this year – so much so that it may end up reaching $400K per unit by the end of 2021. Bitcoin Is Likely to Spend the Rest of the Year Increasing...

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Crypto Crime Takes on New Form in Recent Italy Harassment Case

Crypto crime is no laughing matter and as we have seen in the past, it can take on many forms. It does not always come in the shape of a cyberattack or a hack on an exchange. Rather, sometimes people will try to use crypto to hide their malicious intent. Crypto Crime Isn’t Always a Hack One recent case allegedly involves a man in Rome, Italy, who is presently under house arrest after being accused of paying an attacker approximately $12,000 in BTC to maim his ex-girlfriend. Police claim that...

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Several Leading Crypto Organizations Form the CCI to Promote BTC Education

Several leading digital currency businesses – including Square, Fidelity, Paradigm and Coinbase – are launching an organization known as the Crypto Council for Innovation (CCI) designed to help regulators, policymakers, business owners and investors better understand the benefits of digital currency. The CCI Is Here to Dispel Some Myths The CCI is all about education and seeks to provide the information necessary to ensure companies and individuals alike know what it is...

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Hester Pierce: It’s Not Possible to Get in Bitcoin’s Way

Hester Pierce – the commissioner of the Securities and Exchange Commission (SEC) – says that she hopes the U.S. government is not stupid enough to try and ban bitcoin activity, as there is no way it could ever stop people from trading it or being involved. Hester Pierce: The Government Can’t Be This Naive Pierce is often dubbed the “Crypto Mom” given her loose stance on cryptocurrency regulation. She believes that many digital assets are legitimate methods of finance,...

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How Did Lolli Get to Be Such a Big BTC Business?

Bitcoin rewards company Lolli is getting some attention and money from a lot of big people. The firm recently completed a $5 million pre-Series A funding round that garnered cash from the likes of Serena Williams and her husband. Lolli Just Keeps Getting Bigger Alex Adelman is the co-founder and CEO of Lolli. In a recent interview, he stated that his reasoning behind the firm’s creation was that he wanted to reinvent how people earn rewards for their daily shopping. His...

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Mark Yusko: All Companies Need to Consider BTC

Mark Yusko – the founder and chief executive officer of Morgan Creek Capital Management – feels that bitcoin has become large enough and strong enough in recent days that it can no longer be ignored by investors or companies. Mark Yusko: We Can’t Ignore Bitcoin In a recent interview, he comments: We really believe that we’ll look back five years from now and it will be deemed fiduciarily imprudent to have zero exposure to digital assets. As it stands, many companies –...

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Following Coinbase, Kraken Will Issue Public Stock

It sounds like everyone is learning from Coinbase. The popular cryptocurrency exchange in San Francisco, California, announced last year that it was getting ready to go public. The trading platform will begin trading on the Nasdaq next week on April 14, and now it looks like Kraken is going to follow suit. Kraken Is Heading Down the Coinbase Road Kraken is another large cryptocurrency exchange. Also stationed in northern California, it is a direct competitor to Coinbase, though it claims it...

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C. Palihapitiya: I Should Have Invested in Coinbase

Coinbase is all set to be traded on the Nasdaq beginning on April 14, and while the time for average Joes and Janes to invest in one of the world’s largest cryptocurrency exchanges has finally come, it appears many high-ranking financial players had an opportunity to invest in the digital platform during its early days. Sadly, some – such as Chamath Palihapitiya – did not take advantage of the circumstances when they were available. Coinbase Is the Envy of the Crypto...

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Mark Cuban The Future of Crypto Lies with Ethereum

Not too long ago, billionaire investor and owner of the Dallas Mavericks basketball team Mark Cuban commented that he owned quite a bit of bitcoin, but that his crypto portfolio also contained a healthy portion of Ethereum. While his initial sentiment was that Ethereum was considerably closer to a currency that bitcoin was, new ideas have been expressed, and Cuban allegedly seems to think that the future of the crypto space will rely heavily on ETH-based developments....

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Coinme Is Establishing BTC Kiosks Throughout the Sunshine State

Coinme – a bitcoin kiosk company operating in the United States – has just installed approximately 300 separate bitcoin cash machines throughout the region of Florida, thereby allowing people to trade bitcoin for cash and vice versa and potentially boost further purchases with cryptocurrency. Coinme Is Building a Crypto Kiosk Community The company is hoping to start out small. Most of the kiosks have been stationed in grocery outlets and similar establishments. This,...

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