Bitcoin (BTC)

The member of the Republican party and Florida Governor – Ron DeSantis – proposed that the government should allow businesses to pay state fees with digital assets like bitcoin. He added that the authorities plan to launch pilot programs to explore the use of blockchain technology to monitor motor vehicle records as well as validate Medicaid settlements. Towards a Crypto-Friendly State Ron DeSantis included his idea as part of the 2022-2023 budget proposal during an...

2021 saw many Americans jumping into the crypto space. In fact, according to a new report from Grayscale Investments, more than half of Americans owning crypto began trading just this year. Grayscale Issues New Report Detailing Crypto Ownership It can be said for many reasons that 2021 was the era of crypto. One of the main reasons is because assets like bitcoin and Ethereum hit all-time highs, with the former reaching $68,000 per unit in November and the latter spiking...

Google has filed a lawsuit against two individuals living in Russia over a botnet they used to infect several computer networks for the purpose of mining cryptocurrency. Google Goes After Glupteba The botnet not only stole crypto assets but the personal information of unsuspecting victims. Google has worked with several internet infrastructure companies to remove servers that the hackers were using to control the networks they infected. The botnet has been deemed null...

Craig Wright has won his bitcoin-related civil suit, casting doubt on all those who said the London-based Australian computer scientist wasn’t Satoshi Nakamoto. Craig Wright Is Victorious in Court The suit centered around an alleged stash of cryptocurrency and bitcoin units worth approximately $54 billion at the time of writing. A jury in Florida has dismissed approximately six of seven charges brought forth by the family of David Kleiman, who allegedly worked with...

Options Market Analysis Bitcoin price is now sub $49,000, about 27% below the ATH ($69k). Options traders set different hedging strategies during the previous weeks to protect against the market downside. Next Friday, December 17th, about $630 million worth of bitcoin options contracts will expire in Deribit. The max pain scenario for this expiry is if the price is at $50K. Calls at 60k strike price have the highest open interest with 1005 contracts. Options traders have sold...

More people are putting crypto in their IRAs, resulting in the birth of Bitcoin IRAs. But are they a financially sound idea? Read this blog to find out. Can You Put Bitcoin In An IRA?  Everyone has a right to financial security, even after retiring from their nine-to-five job, which is what an Individual Retirement Account (IRA) is for. Opening one is an excellent way for people to save up or invest in something lucrative for their retirement. The best thing is that...

There’s no sugarcoating it, the past seven days have been very tough throughout the entire cryptocurrency market, with a few small exceptions. The total capitalization dropped to $2,375 billion, which represents a loss of about 13%. Let’s start with Bitcoin. The primary cryptocurrency is down 14% on a seven-day scale. It started the week at around $56K, but bears weren’t having it anymore and crashed the price during the early Saturday trading session when BTC dropped to...

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The inflation numbers in the United States for November are out, and it appears that the Consumer Price Index is at its highest point in about 40 years. Bitcoin’s price spiked above $50K on the news, albeit briefly. Bitcoin’s price surged by almost $2,000 in a few hours, reaching an intraday high above $50K before retracing to where it currently trades at about $49,500. Chart by TradingViewThis comes as the monthly inflation numbers in the United States became public today....

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...