Many regulators – including Hester Peirce of the Securities and Exchange Commission (SEC) – are claiming that more legislation and monitorization of the cryptocurrency space is necessary if digital assets are going to continue to be adopted by huge companies. Peirce Wants More Rules in the Crypto Space Over the past few weeks, several large tech and financial companies – […]

Leading Cryptocurrency Exchange Coinbase has been credited with the facilitation of Tesla’s $1.5 billion Bitcoin purchase, which has since set a new standard for newcomers, while also singlehandedly driving Bitcoin’s price upward, and adding to the bullish market sentiment shared by members of the Bitcoin community. Sources claim Coinbase was behind Tesla’s massive Bitcoin purchase Insider sources said that the […]

Since the year started, the crypto industry has been celebrating one win after the other. First, bitcoin gained major investments and its price raced to a new all-time high above $50,000, an amazing feat considering the price slumped to around $3,000 roughly a year ago. For many, this is a sign of bitcoin approaching mainstream adoption as well as a […]

Bitcoin blasting above $50,000 per coin made it clear that the parabola would continue, marking the third major parabolic phase in the cryptocurrency’s short lifecycle. Commodities trader Peter Brandt has seen many price charts throughout his storied career. This sort of behavior in an asset is rare, according to Brandt. But three times? That’s “historic,” he says. And according to […]

Global tech giant Microsoft does not have immediate plans to put bitcoin on its balance sheet, according to the company’s president. Meanwhile, bitcoin continues to see an increased interest from major companies and institutions.  Microsoft not Ready to Make Bitcoin Investment  Speaking in a CNN interview on Tuesday (Feb. 16, 2021), Microsoft president Brad Smith revealed that the company was […]