Category Bitcoin

Bitcoin Precipitous Decrease Has a Cause

Retreats by institutions Part of bitcoin downfall appears to be a temporary reversal in the theory of increasing cryptocurrency acceptance. Musk revealed earlier this year that he was buying it for his automaker’s balance sheet. Several payment processors announced upgrades…

Cryptocurrency is Gaining Widespread Recognition

Cryptocurrency is gaining widespread recognition, know the reasons why. In 2021, cryptocurrency as a long-term investment prospect still appears to be viable. As the year draws to a close, the massive market caps, the introduction of new and legitimate businesses.…

Crime Pays in Cryptocurrency

Crime pays in Cryptocurrency. Some cryptocurrency exchanges aren’t doing a good job of safeguarding their users’ assets. Hackers use platforms to hide the location of their ransom payments. North Korean hackers have attacked Hong Kong and South Korean stock exchanges.…

Bitcoin: First Futures Exchange-traded Fund

This week saw the introduction of the first US bitcoin futures exchange-traded fund, and another on Friday. Instead of bitcoin, these funds invest in futures contracts, which are agreements to acquire or sell the commodity at a later date. The…

6 Crypto Coins Surge Up in 24 Hours

6 Crypto Coins Surge up to 91,75,358.47% in 24 Hours.  Following the debut of Bitcoin exchange traded funds, or ETFs. In the United States, the world’s largest cryptocurrency, Bitcoin, hit new highs this week. The price of one Bitcoin reached…

As the Wild West Meets Wall Street

As the Wild West meets Wall Street, there’s a lot of demand for bitcoin ETFs. This week, Wall Street welcomed the crypto industry with open arms. As the first US exchange-traded bitcoin fund, it raised more than $1 billion in…

Crypto Enthusiasts vs. US Regulators

Crypto enthusiasts vs. US regulators. Former (and present) regulators and politicians are befriended and hired by crypto enthusiasts to protect them from regulation and scrutiny. Top US officials, on the other hand, are dubious of cryptocurrencies. THE ANTI-MONEY LAUNDERING CUP…

Luxury Condos for $560 Bitcoin in Florida

Two luxury condos for sale in one of Florida’s most exclusive oceanfront properties are accepting bitcoin payments. Arte is a 12-story, 16-unit building in Surfside, near Miami, with prices starting at over $10 million. According to the developers, interested buyers…

Bitcoin Hit a New Record High

Bitcoin hit a new record high, reaching $66,000 for the first time. As investors hoped for broader acceptance following the successful launch of the first exchange-traded fund for US investors. While the notoriously volatile digital currency has recently hovered near…