Tag Archives: News

Bitcoin has done it. The currency that pretty much the entire world has grown to love and fawn over has jumped past the $15,000 mark, thereby bringing forth a prediction that many analysts thought wouldn’t come true until the end of the year.Bitcoin Has Grown to Great HeightsBitcoin is showing itself to be stronger and more resilient than ever. The currency was originally slated by several analysts and industry experts to hit the $15K mark once we were ready to say goodbye to 2020. However,...

Law enforcement officials from both the United States and Brazil have seized more than $20 million in crypto funds from an online scam that is alleged to have defrauded thousands of investors. The joint project between both nations went under the name Operation Egypto, and a primary suspect is now in custody and awaiting further legal action.Brazil and the U.S. Recover More Than $20 MillionThe man allegedly in charge of the scam is known as Marcos Antonio Fagundes, who is now being charged...

Is bitcoin coming to the U.S. Senate? That’s how it looks in Wyoming after the state has elected a Republican cryptocurrency holder and digital currency advocate to office. Cynthia Lummis is a crypto owner that was recently elected to the Senate to represent Wyoming. Many expect that she will now push for newfound bitcoin and crypto regulation to protect digital trading in America.Wyoming Is Growing as a Crypto HavenMany a time have bitcoin and digital currencies been brought up in...

The price of bitcoin has shot up to $14,900, the highest it’s been in a long time. This is a nine percent spike in the price over the past two days.Bitcoin Is At Its Highest Point This YearThe jump occurs during the U.S. presidential election, which is still heavily underway. Lots of additional counting is taking place in key battleground states, while some areas – such as Arizona – despite being called earlier in the race, are now again up for grabs as gaps tighten.During all this time, both...

Union Pay – a Chinese financial services firm – has joined hands with Danal, a Korean payment provider, to establish and introduce a new digital currency-based credit card that allows users to pay for goods and services with crypto.Union Pay Looks to Allow Consumers to Pay with CryptoThe idea of issuing crypto credit and debit cards has been rather popular for some time, now. Recently, the exchange Coinbase – situated on the west coast of the United States – has stated that it will be issuing...

Telegram is being made to pay more than $600,000 in legal fees to a company called Lantah over the use of the GRAM name that Telegram has given its recent cryptocurrency.Telegram Must Fork Over the DoughLantah was developed in the year 2017 by a man named Daniel Jeffery. Lantah is looking to create a “global, borderless marketplace” and assist those who cannot gain access to traditional banking services with cryptocurrency. As it turns out, both Lantah and Telegram have allegedly utilized the...

Nearly $1 billion in crypto funds that have ties to the Silk Road dark web are being transferred to other wallet addresses.The Shakers Behind Silk RoadAs we all remember, Silk Road was a dark online market allegedly founded by Ross Ulbricht, who is presently serving a life sentence for his role in the creation of the platform. The website was available to anyone looking to purchase drugs, guns or other contraband with bitcoin. The government shut the company down about seven years ago.But if...

Bitcoin cash price started a fresh increase after testing the $230 support against the US Dollar.The price is back above the $245 resistance and testing the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $258 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a strong rally if it clears the $255 and $258 resistance levels.Bitcoin cash price is gaining momentum above $245, similar to bitcoin...

According to many analysts, the $14,000 price that bitcoin reached on Halloween this year wasn’t a fluke. They claim that bitcoin has become much stronger in recent weeks, and that the currency is likely to reach this position again soon.Bitcoin Will Hit $14,000 Again This YearThere are several reasons as to why bitcoin is likely to hit $14,000 again in the coming days. According to key indicators and technical charts, Google searches pertaining to bitcoin have slowed down heavily in recent...

The Securities and Exchange Commission (SEC) is telling traders to stay far away from a company that’s been allegedly endorsed by Finance Secretary Carlos G. Dominguez III. The firm is also utilizing what appear to be fake endorsements from celebrities, though the company is unregulated and is not in line with present financial legislation.The SEC Continues Its Crackdown of Phony Crypto FirmsThe enterprise the SEC is referring to is known simply as “Bitcoin Digital.” Agents claim that the...