BITCOIN BULLS ARE BACK
Over the past several weeks we have seen a spike in the uprise of Bitcoin (BTC), setting all time year-to-date highs in the mid $8,000 USD region. Over the past week however, BTC has experienced some lower prices, dropping to around the $7,300 USD mark, and then rallying back up to now be sitting and holding at the $7,900 USD mark. Currently, at time of writing, the price of BTC is $7,602.58 -5.10%. The next level of resistance that BTC must surge above is around $8,200 USD, and not if but once this level is broken, the cryptocurrency will skyrocket …
TOP PLUMBING COMPANY ON THE GOLD COAST NOW ACCEPTS CRYPTO
Tomkinson Plumbing and Gas, the leading company on the Gold Coast, Australia for all things plumbing is the latest industry frontrunner to announce that they now accept crypto as a cash alternative payment solution. You can now pay for your plumbing services with Bitcoin. Company owner and operator, Ben Tomkinson, has opened up the payment gateway to ensure that all customers have a stress free and secure payment option available to them 24/7. “Yes we accept Bitcoin, we are staying ahead of the game”. This is a progressive step forward for the Gold Coast based plumbing company, following in the …
BITCOIN MAKES 457% RETURN IN 2 YEARS – DOW LEFT FOR DEAD
If you invested in Bitcoin two years ago chances are your spending your returns to travel the world, eat out at expensive restaurants, buying holiday homes around the world or making further investments. In the last two years alone Bitcoin has made a return of more than 457%, outperforming the S&P 500, oil, gold and the Dow Jones. To Put things into perspective for you, below is what the other investments would have made you over the same two-year period. S&P 500 – 19.9% Gold – 1.3% Oil – 31% Dow Jones – 26% Bitcoin – 457% These large returns …
CFTC: Bitcoin Isn’t A Tulip Mania
The US Commodities and Futures Trading Commission (CFTC) has surprisingly positive things to say about Bitcoin (BTC) and Ethereum (ETH) stating, “Bitcoin isn’t the tulip mania”. The CFTC, which governs the regulation of cryptocurrency commodities markets and derivatives such as Bitcoin futures, has started driving to foster innovation in the Blockchain industry, instead of regulating it into oblivion, according to Michael Gill, Chief of Staff. “The US financial markets are large, complex and successful because of innovation,” Gill stated in a speech he delivered at Paris Blockchain Week, alongside several other regulators. As a result of this the introduction of …
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