Tag Archives: News

Bit Panda in Vienna, Austria recently emerged with several additional funds under its wing, and it’s been revealed that much of that money came from billionaire Peter Thiel and his company Valar Ventures.Bit Panda Garners Funds From ThielMore than $50 million (roughly $52 million total) was garnered by the company from Thiel through a Series A funding round that included several other investors such as Speed Invest. The firm is planning to utilize the money to ensure its products are...

Crypto enthusiasts everywhere are constantly challenging the idea that bitcoin and cryptocurrencies are used to fund terrorist groups and commit to illicit programs. They would like to think that somewhere down the line, most of the people that use digital currencies are doing so for noble purposes, so whenever it turns out to be true that there are bad actors out there seeking to use bitcoin for illegal gains, the data can be a bit disappointing.Bitcoin Still Has a Dark SideThis is the...

EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar.The price is trading nicely above $2.550 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could accelerate higher if there is a clear break above the $2.650 resistance zone.EOS price is slowly moving in the positive zone above $2.550 against...

Litecoin price is slowly recovering and trading above the $45.00 resistance zone against the US Dollar.LTC price is now trading above $46.20 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $45.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the key $47.30 resistance zone in the near term.Litecoin price is currently showing positive signs above $45.00...

If anyone is interested in starting their own major crypto company somewhere, they should probably look at how Coinbase operates. The exchange is one of the largest trading platforms in the United States, and while that’s certainly important, the company appears to have its head on straight when it comes to all the distractions of the outside world.Brian Armstrong States How Coinbase Will Move in the FutureIn a blog post published on Sunday by CEO Brian Armstrong, Coinbase mentioned that it...

Jack Dorsey is back in the news, and once again, he’s pushing the power of both bitcoin and the blockchain technology that supports it.Jack Dorsey Is Still Pushing BitcoinAs the CEO of Square and Twitter, Dorsey has always been there to push the bitcoin agenda he holds so dear. He has stated in the past that within the next ten years, he can easily see bitcoin becoming the world’s only currency. He has also stated that it’s the best internet currency, and that he would at some point travel to...

Forrester Consulting has completed a survey it’s entitling the “Total Economic Impact of Accepting Bitcoin Using Bit Pay.” As it turns out, it looks like businesses that accept crypto as a means of payment for goods and services are having an easier time attracting new customers.Bit Pay Is Pushing Crypto Adoption EverywhereThe report suggests four primary findings following the study. The first shows that most people looking to pay with crypto will be new customers. The second is that people...

Bitcoin price is facing a strong resistance near $10,900 and $11,000 against the US Dollar.The price is holding the $10,600 support level and the 55 SMA (H4).There is a key breakout pattern forming with support near $10,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to decline sharply if there is a break below the $10,600 and $10,500 support levels.Bitcoin price is currently trading in a range above the $10,500 support against the US Dollar. BTC...

When it comes to bitcoin, these last few weeks have been classic cases of “the good news and the bad news.”Bitcoin Has Been Shaky, but It’s Also Been Pretty Solid in Several WaysThe bad news is that not too long ago, bitcoin was trading for over $12,000 and unfortunately, this didn’t last. The currency ultimately fell into a black hole of sorts that took it all the way down to the low $10,000 range before it began to show small signs of life here and there that eventually brought it back up...

Over the past year, Bitwise – a crypto asset management firm – has managed to put away roughly $9 million for its bitcoin fund.Bitwise Is Growing FastA regulatory form filed with the U.S. Securities and Exchange Commission (SEC) discussed the data and suggested that the money came from more than 40 separate investors. The minimum investment amounted to just under $4,000.The paperwork was filed with the SEC after Bitwise announced that it was changing its name from Bitwise Bitcoin Fund, LLC to...