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U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments made by lawmakers. Meanwhile, th..
Bitcoinist Senior Analyst, FilbFilb, believes that the basic rule of supply and demand will prevent Bitcoin from dropping to a new 2019 low. FUD to Drive Bitcoin to a New Bottom? Bitcoin’s most recent price action has presented a plethora of challenges to cryptocurrency traders, and the drop below..
President Trump’s recent Bitcoin tweet might make cryptocurrency a discussion point for the 2020 election and crypto investors think this is a good thing. Let’s Talk About Bitcoin 2020 Thanks to U.S. President Donald Trump, Bitcoin is now officially a 2020 election issue. Earlier this week Trump r..
Wells Fargo, a huge traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow its customers to purchase Bitcoin with their own funds. Wells Fargo ‘Does Not Allow Transactions Involving Cryptocurrenc..
Is there a Trump rally incoming for bitcoin? That’s what’s on the minds of many after US president Donald Trump tweeted on Thursday that he was “not a fan of bitcoin and other cryptocurrencies”. Although Trump is loved by many he is arguably hated in at least equal measure at home and possibly hun..
Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U.S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challen..
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most ..