Tag Archive For "Bitcoin"
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Someone Stop Dave Portnoy From Going Down the Bitcoin Rabbit Hole
The Winklevoss twins are going to explain bitcoin to Dave Portnoy. Is the Barstool boss ready to take the crypto red pill? DDTG’s army of day-trading fans needs to know what they are getting themselves into. Dave Portnoy wants to learn about bitcoin, and he’s invited the Winklevoss twins to teach him. Unfortunately, this isn’t…
Twitter hack once again puts a negative spotlight on Bitcoin
New York (CNN Business)Wednesday night’s Twitter hack was not a good look for Bitcoin. Hackers took over accounts belonging to such well-known figures as Elon Musk, Bill Gates and Barack Obama in an apparent effort to earn income by scamming people out of Bitcoin, a form of digital currency. The scam itself was fairly common,…
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Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency
Jack Dorsey’s love letter to bitcoin fans isn’t the ‘poetry’ that everyone thinks it is. The Twitter CEO’s Square Cash app stands to benefit more than the average cryptocurrency user. Bitcoin’s ridiculously high transaction fees make it an implausible candidate for an everyday global currency. According to Twitter CEO Jack Dorsey, bitcoin is poised to…
Bitcoin has lost 30% of its value this week
New York (CNN Business)Bitcoin remained highly volatile Friday — even as the stock market posted a solid rebound.The price of one bitcoin (XBT) fell 3% in early morning trading to about $5,600 before recovering a bit. At one point Friday morning, prices had plunged as low as $3,850. Bitcoin has plummeted 30% in just the…
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Steven Seagal Punished for Pumping Comically Shady Bitcoin Rip-Off
The SEC charged action “star” Steven Seagal with unlawfully promoting a cryptocurrency. The naked bitcoin rip-off was so comical it almost looked like a self-parody of the ICO hype machine. It’s safe to say everyone except Seagal saw this legal backlash coming. Washed-up B-list action hero Steven Seagal had to know he was on deadly…
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3 Ways Coronavirus May Have Affected Bitcoin
Is there a correlation between bitcoins price action and the coronavirus spread? Virus-infected yuan placed in quarantine—Bitcoin fixes this. Bitcoin mining takes a dive following China’s coronavirus clampdown. As coronavirus continues to spread mass panic around the globe, its impact on bitcoin is becoming more evident. Here are three critical repercussions for BTC amid the…
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Will Jack Dorsey Help Propel Bitcoin to $250,000?
Jack Dorsey is working on a kit that can help integrate Lightning Network to bitcoin wallets. Dorsey’s Square won a patent for a crypto-to-fiat payment system. Bitcoin can take multiple roads to a multi-trillion dollar valuation. Tim Draper has not backed off his prediction that bitcoin will skyrocket to $250,000 in 2023. The venture capitalist…
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The Dark Side of Becoming the ‘Next Bitcoin’
The CEO of altcoin project uPlexa revealed to CCN.com the obstacles posed by a greedy and corrupt cryptocurrency space. Centralized exchanges have become the banks of the cryptocurrency world. If you’re not partnered with the top 1%, it’s going to be a very long journey for your altcoin. Your favorite altcoin’s path to becoming the…
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Institutional Money May Be Igniting the Current Bitcoin Rally
There are several theories that can explain the current bitcoin pump. The revelation that Grayscale raked in close to $200 million in Q4 investments may explain why the cryptocurrency bottomed out in December. New investments must keep flowing in or there’s a chance that BTC drops all the way down to $5,000. Bitcoin recorded another…
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Calvin Ayre’s Clever Market Triggers Could’ve Sparked Bitcoin SV Pump
The Bitcoin SV pump has caught many crypto investors by surprise. A Twitter user has been following BSV’s price action and has a theory as to why the price of the bitcoin hard fork suddenly spiked. If market manipulation is truly the cause of the surge, investors should take caution as a massive dump is…
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Tether’s Growing Market Cap Is Ultra Bullish for Bitcoin
It’s common knowledge in the cryptocurrency world that bitcoin dictates the trend. New information suggests that bitcoin might be following the lead of a stablecoin. The correlation between BTC and USDT has been growing over the last 18 months and it shows no signs of slowing down. In the cryptocurrency world, it’s no secret that…
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Crypto’s Richest 1% Fail to Hoard a Whole Lot of Bitcoin
Bitcoin is more fairly distributed than altcoins. Cardano may be dangerously centralized. Whales are still a significant issue for BTC. When contemplating crypto whales, the knee jerk reaction is to automatically think, “lotsa bitcoin;” However, according to statistics from Intotheblock—a crypto intelligence company—BTC ownership may actually be less concentrated than most altcoins.Tracking numerous cryptocurrency addresses…
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Bloomberg Says Bitcoin Will Hit $14,000 in 2020 Thanks to Gold
Bitcoin equals digital gold, according to Bloomberg report. Altcoins set to suffer in 2020. The futures market will aid mass adoption. Bitcoin is going to boom this year. That’s the verdict, according to Bloomberg’s crypto’s outlook for 2020.Within the recently published report, Bloomberg market analyst Mike Mcglone outlines exactly how BTC can attain its 2019…
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Tensions In Iran Acting As a Catalyst to a New Bitcoin All-Time High
Bitcoin is possibly becoming a safe haven asset. The top cryptocurrency is rising in tandem with gold as tensions in the Middle East grow. It’s possible that bitcoin may be in the early stages of a parabolic advance. If you think that the turmoil in Iran and the rest of the Middle East has nothing…
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John McAfee’s POTUS Audition Peaks with Bitcoin Penis Lies
Political hopeful John McAfee poo-poos penis party promise. Says his ruse onboarded more users to the cryptocurrency space. Claims to have sired over 100 children. John McAfee reneged on his promise to eat his own genitalia if Bitcoin didn’t top $1 million by the end of 2020. In doing so, did the renegade, sea-bound (self-proclaimed)…
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3 Key Things the Mainstream Financial Media Is Missing About Bitcoin
Mainstream media is out spreading fear, uncertainty, and doubt (FUD) about bitcoin triggered by the recent selloff. News outlets miss the fact that bitcoin is an uncorrelated asset. The same media companies also ignore bitcoin’s growing use case. The mainstream financial media is once again feasting on bitcoin’s recent tumble. The number one cryptocurrency dropped…
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Insane Hong Kong Stock Bubble Make Bitcoin Look Boring
Hong Kong marble stock ArtGo plunged 98% in a day earlier this week, wiping out $5.7 billion. It’s the latest in a string of massive Asian stock bubbles including Kasen International and Tibet Water. Recent trading bubbles makes bitcoin’s ‘bubble’ look practically placid. One of the world’s best-performing stocks just took a 98% hammering when…
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China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets
China continues its crackdown on crypto exchanges.Binance and Bithumb raid rumors cause widespread FUD.Will China’s U-turn on crypto impact the market?The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate disposal of cryptocurrency exchanges.For weeks China’s strict attitude towards cryptocurrencies has seemingly morphed into something less stringent. Blockchain technology…
Bitcoin is back — but can the comeback last?
New York (CNN Business)Bitcoin, which recently celebrated its eleventh anniversary, has surged this year. Prices have more than doubled to around $8,500 in 2019. Bitcoin (XBT) has enjoyed a nice rally in recent weeks as well, even as skepticism about Facebook (FB) and and its Libra cryptocurrency mounts in Washington and Europe.It appears that bitcoin…
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Bitcoin Independence Day, 15th November 2019: Bitcoin SV- the Fastest Growing Blockchain, ever
15 November 2019 marks one year since Bitcoin SV (BSV) emerged in the world’s first Bitcoin hash war, to declare independence for original Bitcoin. After years of BTC and BCH protocol developers deviating from the design of Bitcoin’s creator Satoshi Nakamoto and artificially restricting Bitcoin’s capabilities, BSV is restoring the “Satoshi Vision.” While it uses…
