Tag Archives: News

PayPal is clearly moving as quickly as it can. Just a few weeks ago, the company announced that it was changing its platform so that users could potentially purchase cryptocurrencies such as bitcoin and Ethereum. In addition, customers could also pay for items and services utilizing digital assets.PayPal Removes All Recent RestrictionsWell today, it looks like all of PayPal’s cryptocurrency services are being made available to all customers in the United States, suggesting that the company is...

Blockchain analysis company Chainalysis has unveiled a new program that will allow it to monitor all the assets that were seized from criminal operations. Analysts have emerged to claim that these assets are likely to include cryptocurrencies such as bitcoin, Ethereum and other mainstream digital tokens.Chainalysis Seeks to Make Things Simpler for RegulatorsOver the last few years, the crypto space has come a long way, establishing itself as a serious contender in the world of finance. Many...

The bitcoin price shot past the $16,000 level a couple days ago. It has since added more than $200 to its price, and it looks like many analysts are convinced that $20,000 – the asset’s all-time high initially achieved in December of 2017 – could be struck again prior to the end of the year.Bitcoin Has Moved Around a Bit in the Last Few DaysHowever, it looks like the bitcoin price may have gone through some up and down motions before finally recovering and trading for what it presently sits...

Bitcoin has gained quite a bit of momentum this year and is adding fans to its roster at an unprecedented level. At the time of writing, the world’s number one cryptocurrency by market cap has added another newbie to its list of major admirers. That newbie is Stanley Druckenmiller, a legendary hedge fund manager who now says he owns some bitcoin for the first time – and he seems to like it.Druckenmiller: BTC Is a Major New Asset ClassThe idea behind bitcoin’s sudden rise in popularity is that...

As recently reported, bitcoin has moved past the $16,000 mark, the highest it’s been in approximately three years. However, some analysts claim that things are about to slow down a bit before they get better. They predict a period of consolidation and believe that bitcoin could potentially lose a bit of steam before regaining momentum and surging to $20,000 again by the time Christmas rolls in.Some Believe Bitcoin Will Fall in the Coming MonthFor crypto enthusiasts everywhere, the holiday...

The bitcoin price is still on the rise. The world’s number one cryptocurrency by market cap has just hit the $16,000 mark for the first time since January of 2018. It is now less than $4,000 away from its all-time high, which it attained in December of 2017.Bitcoin Strikes Its Largest Territory in YearsThe year has been very up and down for the currency, and yet for the most part, the asset has seen one of its strongest periods. It was back in March when the asset first fell from around...

Plan B appears to be rather confident in his stock to flow (S2F) model. He’s predicting that bitcoin is going to reach a six-figure price of $100,000 by the time 2021 is over, and he’s ready to stick by this prediction no matter what.Plan B Believes His Own PredictionsThe price of bitcoin is presently $15,600. The currency has been in a steady bull run for the past month and a half, and it looks like nothing has been setting the currency back. Bitcoin is likely to continue adding to its price...

The European Central Bank (ECB) says that it’s potentially looking to release a digital version of the euro fiat currency. The firm is about to hold a two-day annual forum, where plans and structural ideas revolving around the currency will be introduced to the world.The ECB Is Moving Forward with a Digital EuroWe are consistently hearing about the world’s banks looking to digitize fiat currencies. China has already done so and is now preparing to release a digital version of the yuan, while...

Michael Saylor – the CEO of MicroStrategy – says that bitcoin is a thousand times better than gold in a recent interview.Michael Saylor: BTC Beats the Pants Off GoldFor those who may be unfamiliar, MicroStrategy made headlines earlier this year when as a major institutional enterprise, it decided to purchase more than $400 million in bitcoin, making it one of the first institutions to come out and do so. It put all its money into the world’s number one digital currency by market cap, and it...

Bitcoin cash price started a downside correction from the $278 swing high against the US Dollar.The price is now trading above the $250 support and testing the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $260 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $260 resistance or it might dive below the $250 support.Bitcoin cash price is struggling to gain momentum above $260, while...