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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Forget FUD, Day Trades; Go Long On Your Bitcoin Investment

Cryptocurrency skeptics who only focus on Bitcoin’s immediate price action are failing to see the forest for the trees. In a recently published op-ed, Bloomberg contributor Leonid Bershidsky advised investors to ignore Bitcoin’s quick ascension to $5,000 as the move was nothing more than a “blip” driven by manipulation. Throughout the article, Bershidsky questioned the […]

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Bitmex Sees $500 Million Bitcoin Short Liquidation in 24hrs –

Bitcoin trading activity is breaking all-time records in terms of volume and open interest in Bitcoin futures. The latest trading activity has caused Bitcoin’s value to reach an 18-month high, forcing a huge amount of Bitmex short-sellers to abruptly liquidate their positions. Bitcoin Futures Hits Record Highs 4 Days Running CME saw a record volume […]

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From Bitcoin’s Surge To Facebook’s ‘Big Brother’ Coin: Week’s Top Stories

25-year-old oxygen-drain, Justin Bieber, challenged 56-year-old Scientologist, Tom Cruise, to a cage fight, calling him chicken if he doesn’t accept. But would we be better off putting our money on that… or Bitcoin? [hint: the answer’s Bitcoin] Bitcoin Price Hits 13-Month High The new normal is that there is no normal… so Bitcoin is back to […]

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Hong Kong Protests Could Boost Bitcoin as Wealthy Move Assets Offshore

Bitcoin could be boosted by the current political unrest Hong Kong as the upper and middle classes are reportedly starting to move their assets offshore. Hong Kong Begins Moving Wealth Offshore Fears over the hated extradition bill, whose introduction the Hong Kong government has only suspended but declined to withdraw, are causing the wealthy to […]

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Bitcoin Has Dwarfed Warren Buffet’s Berkshire Hathaway in ROI

Warren Buffett’s Berkshire Hathaway has seen an impressive increase of around 997,900 percent in its stock price since Warren Buffett took control. Bitcoin, on the other hand, is up 720,000,000% in its short 10-year history since its first recorded price.  Berkshire Hathaway Up 997,900% Berkshire Hathaway, a multinational conglomerate holding company, the CEO of which […]

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Bitcoin is a ‘Figment of Everyone’s Imagination’

Neil Dwane of Allianz says he wouldn’t buy bitcoin because it is a figment of the imagination. Another “Old Man Yells at Bitcoin” Away from price movements, million-dollar lunches, and regulatory crackdowns, memes are one of the more endearing aspects of the lighter side of the blossoming bitcoin scene. And inside this sub-niche, the “old […]

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