Contrary to cynical sentiment touted by skeptics of Bitcoin, crypto isn’t dead in the water. As Mike Novogratz, the founder of leading crypto-centric merchant bank Galaxy Digital, “[there’s] tons of activity under the hood.” Over the past week, VanEck & its fellow hopefuls refiled their Bitcoin exchange-traded fund (ETF) application, while Binance and Fidelity made…
It’s not just the just United States debt reaching an all-time high, individual credit card debt is also breaking new records in 2019. With credit card debt mounting, and a potential economic recession looming on the horizon, should crypto investors really be buying Bitcoin with their credit cards? Those that have already loaded up on…
In September 2017, Bank of America Merrill Lynch had asked 200 institutional investors what they believed was the most popular investment. A majority of them responded with “Long Bitcoin.” That does not mean that participants were actively investing in the digital currency. But it allowed a nascent market to realize its potential in Wall Street.…
A computer programmer and Bitcoin investor is reportedly exploring the possibilities of improving humans by way of technology. The transhumanist, Bryan Bishop, has created a business plan for the venture with partner, Max Berry. Bishop is hoping to offer parents the ability to create babies with AB+ blood so that they can receive transfusions from…
Following Bitcoin’s relatively volatile week, it appears to have established $3,400 as a level of support, but BTC still faces growing resistance around $3,500 as it has tried and failed on multiple occasions to break above this price level. Although Bitcoin has yet to plunge back down towards its 2018 lows of $3,200, analysts seem…
The US national debt now stands at $21.974 trillion, a 10% increase since President Donald Trump took over the oval office. And Bitcoin may be the needle people need to pop the debt bubble. Fed Chair Jerome Powell, talking about the $22 trillion US debt: "I'm very worried about it, but from the Fed's standpoint…
Bitcoin is inherently a cypherpunk, anti-establishment movement. From day one, this whole movement around Satoshi Nakamoto’s vision of digital money has been single-handedly pushed by the zany, outcasts, and decentralists that push their beliefs with a religious fervor. The fact that Satoshi didn’t divulge his, her, or their true identity, along with an analysis of…
Crypto’s most fervent crusaders have sought to keep their heads up in this drastic, bone-crushing bear market. While optimism has often taken the form of the “institutional herd is coming” narrative, a number of Bitcoin (BTC) natives have begun to revisit the asset’s underlying value proposition. And no, in their eyes, BTC isn’t digital cash.…
Bitcoin price failed near the $3,478-$3,480 resistance zone and declined recently against the US Dollar. There is a major declining channel in place with resistance at $3,410 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could dip a few points before making another attempt to recover above $3,440. Bitcoin…
Although the crypto market’s year-long downturn has yet to reverse, this nascent ecosystem saw a fundamentally positive, likely bullish (price-wise) announcement on Thursday, as a financial services provider refiled a Bitcoin exchange-traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC). Leading Bitcoin ETF Application Refiled Per previous reports from NewsBTC, a mere week…