Tag Archives: News

The Federal Reserve has unveiled its annual “Survey of Consumer Choice,” and according to the survey results, many people still don’t have the knowledge they need to work with bitcoin.Bitcoin Is Still Low on the Financial LadderThe survey records data for 2019, which for the most part, suggested that more than 70 percent of participants at least knew what bitcoin is. This is a solid difference from the 68 percent the survey recorded the prior year, so that’s something to be happy...

Stellar lumen price gained bullish momentum above the $0.0950 and $0.1000 resistance levels against the US Dollar.XLM price traded to a new monthly high at $0.1074 before correcting lower.There is a crucial bullish trend line forming with support near $0.0950 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near $0.0950 and it might continue higher above $0.1050.Stellar lumen price is trading in a bullish zone against the US Dollar and bitcoin. XLM...

Ripple price is consolidating above the $0.1920 support zone against the US dollar.The price is currently facing resistance near the $0.2000 and $0.2020 levels.There is a crucial breakout pattern forming with resistance near $0.2005 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of an upside break as long as it is above the $0.1920 level.Ripple price is stuck in a contracting range below $0.2000 against the US Dollar. XRP price must stay above...

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...