Bitcoin (BTC)

AEC is not the first firm to repurpose a landmark of modern industry to generate cryptocurrency.Mechanicville, New York’s hydroelectric plant, has now been repurposed for Bitcoin mining. The plant owned by Albany Engineering Corp (AEC) is touted to be the oldest renewable energy facility in the United States.Built in 1897, the hydro-plant has suffered serious setbacks. In 1986, the National Grid brought in AEC to help revamp the plant. The deal would see them buy back energy from AEC at a...

The American electronics engineer and philanthropist – Steve Wozniak – highlighted Bitcoin as a mathematical phenomenon. He went even further, saying the primary cryptocurrency is better than gold. Steve Wozniak Amazed by Bitcoin The co-founder of the multinational tech giant Apple – Stephen Wozniak – showed his sympathy towards digital assets and particularly bitcoin in a recent presentation at the Talent Land Jalisco, Mexico. The engineer, also known by his nickname “Woz,”...

Die Deutsche Börse erwirbt eine Mehrheitsbeteiligung an der Crypto Finance AG, die institutionellen und professionellen Kunden den Handel, die Verwahrung und die Anlage in digitale Assets anbietet. Die Finanzgruppe steht unter der konsolidierten Aufsicht der schweizerischen Finanzmarktaufsicht (FINMA). Durch die Übernahme schafft die Deutsche Börse einen direkten Einstiegspunkt für Investitionen im Bereich digitaler Assets, einschliesslich Nachhandelsdienstleistungen wie der...

Bitcoin cash price started a fresh decline after it failed to surpass the $550 resistance against the US Dollar. The price is now trading below the $500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $510 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $465 support zone. Bitcoin cash price is slowly moving lower...

Democrat Senator Elizabeth Warren continues to bash the cryptocurrency space by calling the market “highly opaque and volatile.” Nevertheless, she believes the US watchdog – the SEC – needs to step up and implement a proper regulatory framework to enhance investors’ safety amid their growing demand. Surging Demand for the Opaque Crypto Market It’s not uncommon for those in power to lash out against the decentralized and unregulated nature of the cryptocurrency market....

Block Fi has joined hands with Visa to launch its new bitcoin rewards credit card. The product has been available to most residents of the United States since last Tuesday. The company had been working to unveil a BTC-based credit card since December of last year and was met with much enthusiasm from traders, who joined a waiting list to be among the first to garner the product. Block Fi and Visa Work to Bring BTC Rewards to Customers Overall, as many as 400,000 names...

What do mosquitoes and bitcoin have in common? Well, nothing really, though there is a company called Spartan Mosquito – designed to kill and control the population of the nasty little bloodsuckers – that just accepted its first bitcoin payment. Now, it looks like it is on a quest to accept bitcoin and several other cryptocurrencies for all its products and services in the future. Spartan Mosquito Will Accept BTC The crypto world is wrought with currencies that were...

The Wyckoff Accumulation Schematic created by Richard D. Wyckoff has become a widely discussed and controversial topic among crypto traders lately due to Bitcoin’s positioning. With that in mind, it’s worth exploring this key feature, what it means for the asset and how it could impact its future developments. What is the Wyckoff Accumulation? The Wyckoff Accumulation forms when a particular asset, in our case Bitcoin, enters a period of consolidation with multiple drawdowns...

Hat El Salvador den Starschuss für die weltweite staatliche Bitcoin Adoption abgegeben? Nachdem der kleine Inselstaat ankündigte, die Bitcoin Adoption im eigenen Land voranzutreiben, kommt es in immer mehr Ländern zu ähnlichen Überlegungen – mit Mexiko und Argentinien kommen nun wirtschaftlich betrachtet Global Player hinzu. Bitcoin News: Auch Mexiko und Argentinien diskutieren Bitcoin AdoptionHinter Nordamerika und Brasilien haben Mexiko und Argentinien die größte Wirtschaft Amerikas zu...

Regardless of what many analysts would like us to believe, 2018 is alive and well all over again given how much bitcoin has tanked in the last two months. Bitcoin Isn’t All That Better Off Recently, billionaire investor and former hedge fund manager Mike Novogratz commented that he did not think 2018 would happen again. He said the number of institutional investors that have gotten involved in the digital asset space and the growing maturity of the market would prevent...