Tag Archives: News

A new bitcoin-related survey conducted by longtime crypto skeptic Peter Schiff suggests that most people in the crypto space are hodlers, or rather people looking to keep their bitcoin for the long term rather than give it up too early.Bitcoin Has Become Much More PopularThe survey conducted asked participants if they were willing to give their coins up or sell them granted the price of bitcoin stayed below the $10,000 mark. A surprising 58 percent – well over the halfway point – said “no,”...

The Federal Bureau of Investigation (FBI) has announced that it is launching an investigation into the recent Twitter hack that saw more than 130 accounts compromised for the purpose of obtaining BTC from unsuspecting users.The FBI Is Taking Control of ThingsThe attack occurred last Wednesday and saw the likes of former president Barack Obama, former vice president Joe Biden, Bill Gates and Elon Musk among others having their social media accounts hijacked. The attackers then put out messages...

New information has come about the latest bitcoin hack involving some of the world’s most high-profile Twitter accounts. Now, the social media giant is saying that as many as eight separate accounts had all their information downloaded by the hijackers.New Information Regarding Twitter Hack Has Come AboutThe attack occurred on Wednesday of this week. Politicians, actors and other well-known celebrities had their social media accounts hacked for the purpose of obtaining bitcoin from...

Following news of the recent bitcoin hack, Twitter has announced that it is banning all messages and tweets that post cryptocurrency addresses.Twitter Says “No” to Crypto AddressesThe hack occurred roughly three days ago. Twitter – one of the largest and most prominent social media platforms across the globe – saw accounts for several high-profile individuals such as former president Barack Obama, Amazon founder Jeff Bezos, and CEO of Tesla and SpaceX Elon Musk hacked and overtaken by...

Bitcoin has reached something of a pinnacle in its short, yet significant existence. Recently, the currency was put to the test through a Twitter hack that saw the overtaking of some of the highest-ranking social media accounts to lure unsuspecting victims into a digital trap, and yet despite everything that’s happened, the currency is remaining strong and resilient.Bitcoin Has Grown in Strength Despite Twitter FiascoThe Twitter hack saw the likes of former president Barack Obama, Joe Biden,...

It looks like the institutional presence behind bitcoin just got a whole lot bigger thanks to Grayscale. The institutional investment platform is about to enter its third quarter and has announced that the last three months have attracted nearly $1 billion in overall investments, meaning the company has garnered some of its highest numbers yet.Grayscale Is Reaching New HeightsOne of the big questions that continues to meander throughout the bitcoin and crypto space is, “Are institutional...

It’s rough whenever money is not put to proper use, but according to one source, that appears to be what happened in Texas recently when a man allegedly used a PPP loan to get his fingers on cryptocurrency.PPP Loans Are Not to Be Played Around WithThe Paycheck Protection Program (PPP) has reached a new pinnacle over these past few months as the spread of COVID-19 continues to allegedly ravage the economies in America and beyond. In the United States, several steps have been taken to ensure...

Documentation stemming from the Securities and Exchange Commission (SEC) suggests that Zap – a company that has partnered with credit card company Visa – has garnered more than $3 million to establish further bitcoin payment protocols.Zap Is Rolling in DoughThe funding round occurred in April of this year and was led by Green Oaks Capital and Morgan Creek. Zap is currently building a new platform atop the Lightning Network that could potentially make it much easier for users to pay for goods...

Another massive bitcoin hack is in the books, though this one is a bit different in that it involves Twitter, one of the largest social media platforms across the globe.High-Profile Twitter Accounts OvertakenTo be fair, Twitter has been utilized to garner illicit bitcoin funds before from unsuspecting victims. Elon Musk – who was one of the more prominent figures at the center of this event – can vouch for that, though never has such an attack as the one that occurred 48 hours ago been...

Bitcoin cash price failed to clear the $245 resistance and declined steadily against the US Dollar.The price broke the $228 support zone, which may now act as a resistance.There is a major bearish trend line forming with resistance near $228 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could extend its decline below $220 unless it recovers above $228 and $230.Bitcoin cash price is back in a bearish zone below $230 against the US Dollar. BCH/USD remains at a risk...