Bitcoin (BTC)

The Nasdaq-listed company Mawson Infrastructure Group reportedly inked a partnership with Quinbrook Infrastructure Partners to set up one of Australia’s largest bitcoin mining operations. It will be located in the beachside town – Byron Bay – and will use 100% renewable energy. Australia Aims at Green BTC Mining Apart from being one of the leading touristic hotspots in Australia, Byron Bay could also become the center of the country’s bitcoin mining. A recent report reads...

[PRESS RELEASE – Please Read Disclaimer] The growth of the staking industry has pushed countless projects to work on providing such services to its users as they aim to receive income based on the number of tokens locked for staking. The latest to do so is Minto – a digital currency project founded more than three years ago allowing merchants and consumers to receive rewards in bitcoin should they choose to stake the native BTCMT hash rate token. BTCMT Staking Goes Live The...

Stellar lumen price is struggling to stay above $0.3650 against the US Dollar. XLM price is now trading below $0.3800 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3800 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if there is a break below the $0.3650 support zone. Stellar lumen price is trading well above $0.4000 against the US Dollar, similar to bitcoin. XLM price must...

Ripple price started a fresh decline from the $1.20 resistance against the US dollar. The price is now trading below $1.12 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.11 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down unless there is a clear break above $1.12. Ripple price is showing bearish signs below $1.12 against the US Dollar, unlike bitcoin....

Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu. Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community. Elon Musk Has no Shiba, Floki, or Any Other Dogecoin Spin-Off And although his puppy’s name is Floki, Elon Musk does not have a single Floki token either. Elon Musk said he...

A recent survey revealed that the majority of the UK residents would not support their government if it imposed a crackdown on bitcoin due to environmental reasons. Somewhat expectedly, the elderly were bigger proponents of the move. Not The Best Idea The first ten months of 2021 have been another turbulent period for bitcoin. The primary cryptocurrency hit an all-time high price of nearly $65,000 in April but then plunged in the next several months to as low as $29K in July....

The belief system between Bitcoiners and “Shitcoiners” continues to widen. While the two groups agree every once in a while, they are often completely on separate pages criticizing themselves. For clarity, “shitcoiner” may have varying meanings, depending on who’s speaking, but it is mostly used by Bitcoin maximalists to describe people who trade in other cryptocurrencies. Recently, Blockstream co-founder and CEO Adam Back blasted Shitcoiners, saying that they are terrible at...

Jim Cramer of “Mad Money” fame has reportedly sold off a good chunk of his Ethereum holdings in response to the new bitcoin-based exchange-traded fund (ETF) that has been available since the beginning of last week. Jim Cramer Sells Some of His Ethereum Cramer explained his reasons behind the sale in a recent interview, claiming that he doesn’t feel ETH or bitcoin have peaked yet. He is confident that both assets are going to continue to spike in the coming weeks and...

Volaris – a low-cost airline company based in El Salvador – explained in a recent press release that it will begin accepting bitcoin for plane tickets. El Salvador Is Moving Ahead in the BTC Space The news was confirmed by the country’s president Nayib Bukele and is another push towards a crypto-based society. In a tweet, the president stated: This allows us to increase the offering of flights for Salvadorians, in addition to being the first airline in the world to...

With inflation already here, Twitter founder and Bitcoin proponent Jack Dorsey believes it will continue at a fast rate, which will lead to hyperinflation, not just in the United States but around the rest of the world. Hyperinflation Will Change Everything The Square CEO shared his thoughts on the matter on Twitter, stating: “Hyperinflation is going to change everything… It’s happening.” While inflation is a decrease in the purchasing power of money, reflected in the general...