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Posts Tagged ‘News’

Fundstrat Analyst Tom Lee Responds to Trump’s Bitcoin Tweet

On July 11 President Donald Trump tweeted that Bitcoin, Facebook’s Libra and all other cryptocurrencies are basically rubbish when compared to the US dollar. Now Tom Lee has a response. Bitcoin: A Store of Value or the Choice Asset of Criminals? Earlier this week the US Federal Reserve Chairman Jerome Powell made media waves and…

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Bitcoin Retreats While Tether Printers Churn Out More USDT –

The downward slide continues today as bitcoin drops closer to support once again. Meanwhile, the Tether printers keep on churning out new currency as another 50 million USDT tokens enter the market. Bitcoin Moves on Tether Issuance Bitcoin spent most of Saturday in a downward slide, bottoming out at $10,800. From there, it rapidly rebounded…

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Wells Fargo Won’t Allow Customers To Buy Bitcoin

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 Cryptocurrency.’ Wells Fargo’s decision diverges from other leading financial…

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Australian Supermarket Chain IGA Now Accepts Bitcoin Payments

Slowly but surely, bitcoin is gathering momentum as a payment method. The list of retailers accepting crypto payments continues to expand. Most recently, IGA, a major Australian supermarket network started accepting payments in bitcoin. Paying for Groceries with BTC Now a Reality IGA is a network of independent retailers comprising over 1400 stores spread all…

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Ethereum Clears $300 On Futures Rumors And Block Reward Reduction

Ethereum is reclaiming lost ground as investors turn bullish over the prospect of derivatives hitting the market and major network changes.  Ethereum Could Soon Join Bitcoin Futures Starting the week with the second-best 24-hour growth in the top twenty cryptocurrencies, Ethereum now trades above $300. The last few days have revealed hints that big finance…

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BTC Price Talk To Schiff The Bitcoiner

It’s been a sporty old week, from the women’s football world cup finals to the start of the Wimbledon tennis tournament. But who are this week’s winners and losers in the world of BTC and cryptocurrency? Let’s go through it all in the Bitcoin news weekly recap. Bitcoin Price Consolidation Bitcoin price ended last week…

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