Tag Archives: News

As we have seen in the past, bitcoin doesn’t please everyone. No matter how high it rises or how strong it becomes, the world’s number one digital currency by market always seems to polarize people in ways nobody really considered possible. With bitcoin shooting past $55,000 in recent days, one of the latest haters to emerge is Jeffrey Sachs, a well-known economist. Jeffrey Sachs: Bitcoin Has No Intrinsic Value In a recent conference, Sachs said to all his listeners: I...

Oh boy… What is it about Elon Musk and crypto? The two always seem to attract one another whether they mean to or not, and the most recent example doesn’t put either entity in the best light. Elon Musk Is the Face of Another Crypto Scam Scammers posing as the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX are once again looking to potentially steal people’s bitcoin, and it looks like they are achieving success in some of their...

It’s always nice to see bitcoin turn people into believers, especially those who at one point, seriously doubted the currency and felt nothing but animosity towards it. This isn’t necessarily the case for billionaire investor Howard Marks, but he didn’t always feel extreme positivity towards the world’s number one digital currency by market cap. Howard Marks: BTC Is Better Than an “Emerging Market Currency” Now, looking at the currency and seeing how far it’s come, Marks...

There’s been a lot of talk about institutional investors getting involved in cryptocurrency and bitcoin trading. Companies like MicroStrategy and Tesla have purchased billions in the world’s number one digital currency by market cap, while other financial firms – such as Square, MassMutual and Stone Ridge – have also gotten involved, and yet according to JPMorgan, it’s still retailers that are dominating the crypto investing arena. JPMorgan Comments on the Activity of...

Bitcoin cash price declined from well above $550 and tested $500 against the US Dollar. The price is now trading well below the $550 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a fresh increase if there is a break above $545 and $550. Bitcoin cash price is likely preparing for a fresh increase above $550...

For many, bitcoin has become a staple investment, but it’s never a good idea for someone to just jump into an entirely new trading arena without having appropriate knowledge to back up their maneuvers, and unfortunately, this is exactly what’s happening. Many new bitcoin investors are suffering from FOMO or fear of missing out, and Adam Traidman – CEO and co-founder of crypto wallet BRD – wishes that people were a little more willing to research crypto before jumping in...

With bitcoin having reached a new all-time high in recent days of approximately $61,000 per unit, many analysts and industry heads are calling for more regulation of the cryptocurrency arena. One such figure is Nigel Green, the CEO and founder of deVere Group. Nigel Green on the Importance of Regulation In a recent interview, Green comments: Like it or not, cryptocurrencies, there is no getting around the fact that bitcoin is becoming an increasingly important part of...

The bitcoin ATM industry is really starting to heat up. With the price of the asset now trading for well over $50,000, many companies such as Coin Flip and Coin Cloud say that their services and machines are becoming much more marketable, and thus are installing machines where traffic is heavy, and the competition is still low. The Bitcoin ATM Arena Is Growing Like Mad What’s funny is that there hasn’t necessarily been a boost in demand for bitcoin ATMs and similar...

EOS is gaining pace from the $3.680 support base against the US Dollar. The price is currently trading above the $4.000 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.900 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $4.250 and $4.500 resistance levels. EOS price is showing positive signs above $4.000 against the US Dollar, similar...

Litecoin price is recovering from the $190 support zone against the US Dollar. LTC price is now trading above the $200 level and testing the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $210 resistance to start a strong increase in the near term. Litecoin price is consolidating above $195 and $200 against the US Dollar, while...