The use of cryptocurrencies for illegal activities have been a common activity used by Bitcoin critics to justify their stances on the impact of Bitcoin as a tool that is largely fueling the rate of cyber-crime on a global scale. The Bitcoin community in its usual fashion is always quick […]
Shares of Twitter, Inc. (TWTR) are climbing more than 5% Tuesday morning after the social media company said it acquired newsletter publishing company Revue. The Dutch startup Revue allows writers to publish and monetize their editorial newsletters. Twitter is lowering Revue’s paid newsletter fee to 5% and also making Pro […]
Shares of online aftermarket auto parts provider CarParts.com, Inc. (PRTS) are climbing more than 24% Tuesday morning on the news of it launching a shopping hub dedicated for the hybrid, plug-in hybrid, and electric vehicle (EV) community. The new shopping interface for EV and hybrid replacement parts allows customers to […]
Shares of Blue Apron Holdings Inc. (APRN) are losing more than 8 percent or $0.79 in Tuesday’s morning trade at $8.88 despite no company-centric news. New York-based Blue Apron is a provider of meal-kit delivery services. The company operates a direct-to-consumer platform that delivers original recipes as well as fresh […]
Perennial bitcoin bull and crypto commentator Max Keiser says a looming bitcoin “supply crisis” will force the price of BTC to a new all-time high. Speaking in a recent interview with Take The Orange Pill, Keiser said bitcoin’s dwindling availability would force institutions to purchase the crypto-asset, driving the price […]
Bitcoin’s price correction from its record high of approx $42,000 in early January appears eerily similar to that of spot gold in August 2020. In retrospect, the precious metal rallied to its all-time high of $2,075.28 on January 8. Its wild move upward prompted traders to secure profits. As a […]
Bitcoin’s bout of consolidation appears to be drawing to a close, with the benchmark crypto now gaining some serious momentum Bulls finally broke the long-held trading range that the crypto had previously been stuck within, which is providing BTC with immense strength The crypto’s rally is allowing it to regain […]
Bitcoin bears may be losing their grip on the market, but a strong price momentum is necessary for a correction in price. Yesterday, Bitcoin began its consolidation above the $31,000 and $32,000 support levels. The price broke a crucial bearish channel, with resistance around $32,650. Bitcoin bulls positioned themselves for […]
Bitcoin resumed its uptrend ahead of the New York session Monday as traders weighed their risk-on opportunities against the US President Joe Biden’s stimulus plans and its potential bearish impact on the US dollar. The flagship cryptocurrency reclaimed $34,500 after rising by as much as 6.83 percent, while its market […]
MicroStrategy CEO Michael Saylor is singing the praises of Bitcoin once more. This time, Saylor talks approvingly of its convenience, as well as its capacity to keep all parties honest. But above all, in a recent interview, he said no-one can take it from you. Not even the taxman. “You […]
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