Search Results for: BUY

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

Since the Bitcoin halving event on May 12, Grayscale Investment, the world’s largest digital asset management company, has bought more Bitcoins on behalf of its institutional clients than the number of Bitcoins mined in the same period. The American-based digital asset manager continues accelerating its rate of Bitcoin acquisition, despite Goldman Sachs recently determining the … Continue reading Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues

As governments around the world continue to battle ill-effects of the ongoing COVID pandemic, Bitcoin is turning out an investment of choice among developing and emerging economies.  Bitcoin spikes in Russia A study by Russia’s RBC on June 4 noted Bitcoin trading and exchange volumes are surging across the country’s local exchanges. Most volume seems … Continue reading Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues

Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs

A cybercriminal ring operation has been inciting Facebook users to employ Bitcoin and other cryptocurrencies, in exchange for drugs. This investigative report from the UK depicts the strategic techniques used to track down the unknown villains operating behind this devious scheme.  Drugs in Exchange for Bitcoins and Crypto  Officials who posed as a Facebook user communicated with the drug dealer by asking … Continue reading Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs

Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto

A Texas resident named Joshua Thomas Argires has been charged by US authorities for using funds from a COVID-19 relief program to trade cryptocurrencies. The criminal charge was announced by Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division. Argires was taken into custody for fraudulently securing more than $1.1 million … Continue reading Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto

CNBC's Jim Cramer Changes Mind, Finally Buying Bitcoin

CNBC’s most famous stock market pundit Jim Cramer has joined the ever-growing list of high-profile Bitcoin investors. This significant move is made after Bitcoin investor and former Facebook team lead, Anthony Pompliano, convinced Cramer to buy Bitcoin. Pompliano plans to release a new podcast episode on Monday, 14th September, to feature how he managed to … Continue reading CNBC's Jim Cramer Changes Mind, Finally Buying Bitcoin

NASDAQ Listed MicroStrategy Buys Up Additional $175 Million in Bitcoin

Bitcoin centric NASDAQ listed MicroStrategy has shored up its Bitcoin (BTC) portfolio by investing an additional $175 Million in the safe haven digital asset. MicroStrategy’s latest investment came after reports emerged that the company is likely to increase its Bitcoin stake from the initial investment of US$250 million it made back in August. The company’s Chief … Continue reading NASDAQ Listed MicroStrategy Buys Up Additional $175 Million in Bitcoin

Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash

Bitcoin’s price has been trading around the $10,000 level for weeks, however, this could all change as Bloomberg said that technical indicators suggest Bitcoin (BTC) could be poised for a breakout.  According to the GTI Global Strength Indicator, Bitcoin showed its first buy signal since March, when the coronavirus led to the crypto market crash. … Continue reading Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash

PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation’s GDP or country’s political health. Commodity fundamental analysis looks at supply, demand, and environmental factors. But when it comes to cryptocurrencies like Bitcoin, fundamental analysis is vastly different. It involves … Continue reading PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal recently announced its integration of cryptocurrency buying, selling amd shopping into its global network, but the payments giant may not be done there with rumors flying that it is now looking to purchase digital asset custodian BitGo. According to a report by Bloomberg on Oct.23, PayPal is now venturing further into the crypto space … Continue reading PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

“No, you don’t need to buy a whole Bitcoin.” As someone who writes about blockchain and crypto I often find myself answering the same questions over and over again to friends and people I meet, about Bitcoin. In no particular order, I am most commonly asked the three questions below: Why is Bitcoin worth anything? … Continue reading Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

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