Paypal introduced cryptocurrency to its platform last year in what turned out to be a major headliner in the world of crypto. Analysts predicted that the decision of the world’s largest payment processor to enable its users to buy and hold cryptocurrencies will provide the turning point required for crypto to go mainstream. By launching this service, Paypal expected to […]

James Howells, a UK-based IT worker, has offered the Newport city council $72 million in exchange for permission to dig up a hard drive he discarded back in 2013, which has 7,500 BTC stored in it. According to The Telegraph, Howells accidentally threw away the hard drive while cleaning his house back then. His Bitcoin fortune was earned by mining […]

Bitcoin’s price action has remained rather stagnant throughout the past couple of days, with bulls being unable to catalyze a break above $40,000 on the first attempt The selling pressure here remains quite significant, and whether or not this level can be firmly broken above could set the tone for its mid-term trend From a technical perspective, Bitcoin’s short-term outlook […]

Bitcoin was created to be the first ever peer-to-peer electronic cash system, and in its wake, an entire industry of digital assets has since been created. Despite the cryptocurrency’s longevity and staying power, there’s still debate amongst policy makers, regulators, and even investors, if the asset class should be defined as “money.” A recent survey conducted by the International Monetary […]

Bitcoin is ending the week with another dip added to its roster. The currency – which less than 24 hours ago was trading in the low $40,000 range again – has fallen by about $5,000 at the time of writing and is now trading for just over $35,000. Bitcoin Has Experienced Another Major Slip With the first few weeks of […]

With bitcoin’s sudden surge back into the $40,000 range (it’s currently pulled back a little to just over $39,000 at press time), the currency appears to be back on its feet and is taking companies like Grayscale along for the ride. Grayscale Is Holding More Bitcoin Thanks to the Price Surge Grayscale is one of the largest institutions backing bitcoin. […]