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Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.

In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.

MicroStrategy Buys over $1 Billion BTC

Posted by Thomas DeMichele on February 24, 2021 in News

Microstrategy has bought more than $1 billion BTC. They bought 19,452 Bitcoins for an average price of $52,765 per bitcoin. They now have 90,531 Bitcoins at an average price of $23,985.

Square Buys $170 Million BTC

Posted by Thomas DeMichele on February 23, 2021 in News

Square bought 3,318 more bitcoins for a total of $170 million. This follows a previous purchase and recent purchases by Microstrategy and Tesla.

Crypto, Tech, Tesla, Etc Curve Down as Rotation Fears Loom

Posted by Thomas DeMichele on in News,Opinions and Op-Eds

Microstrategy bought, Tesla bought, and we rallied. ETH fees were high, funding was high, longs go squeezed, NASDAQ went down, the yield curve went up, and we crashed.

ETH Makes New All Time Highs as CME Futures Loom (Feb 8th)

Posted by Thomas DeMichele on February 3, 2021 in Opinions and Op-Eds

ETH is making new all-time highs and ETH-based coins (like DeFi coins) are running. This bullish price action into CME futures on Feb 8th is exciting. However, it is a bit scary as well since CME futures for BTC marked the top of the 2017 bubble.

Bitcoin Breaks $20k and Hits New All Time High

Posted by Thomas DeMichele on December 16, 2020 in News

The day is finally here. Bitcoin has broken its previous all-time high of $20,000.

PayPal

You can buy, sell and hold cryptocurrency on PayPal. Currently, PayPal supports Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

All Users in US Can Now Buy, Hold, and Sell Crypto on PayPal

Posted by Thomas DeMichele on November 13, 2020 in Uncategorized

All users in the US can now use PayPal to buy, hold, and sell Bitcoin, Litecoin, Bitcoin Cash, and Ethereum on PayPal.

Bitcoin Looks Ready for New Highs; But Expect Dips

Posted by Thomas DeMichele on November 6, 2020 in News

$Bitcoin FOMO fractal$

Bitcoin looks ready for new highs if history is any indicator, as you can see in this chart comparing BTC 2012 – 2016 to 2016 – 2020.

PayPal Announces Crypto Buying, Selling and Shopping

Posted by Thomas DeMichele on October 21, 2020 in News

PayPal announced they will begin letting customers, including 26 million merchants, buy, sell, and shop using crypto.

Bitcoin Mining Reward is Cut in Half

Posted by Thomas DeMichele on May 11, 2020 in News

The Bitcoin halving occurred today. The Mining reward for Bitcoin is now cut in half from 12.5 to 6.25 BTC.

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