Bitcoin (BTC)

Apparently, the NFL (National Football League) really does not care much for bitcoin. Either that or they just did not need Sean Culkin, the tight end of the Kansas City Chiefs. Culkin made headlines not too long ago when he announced that he was set to receive his entire annual salary as a football player in bitcoin, though now it looks like this dream is not going to become a reality. Sean Culkin Cut By the Chiefs At 27 years of age, Culkin signed a future contract...

Assuming that BTC can reach over $1,000,000 by 2030, it’s possible that Bitcoin can reach $10,000,000 if it’s still in its current form and has not been converted into another high-valued asset.Since its inception, Bitcoin has changed the financial world and more. It’s cut the use of intermediaries and increased the assets it can be used on. However, the price of any cryptocurrency is captive to market price volatility, making it difficult to predict the coin’s future. We can watch for trends...

Despite the sudden price correction, bitcoin’s fundamentals continue to reach new highs. The asset’s hash rate has recovered its recent declines and marked a new ATH. Accordingly, the network’s mining difficulty saw its most significant increase in nearly seven years to a new record level as well. Hash Rate and Mining Difficulty to New Records Bitcoin’s hash rate is the measuring unit of the processing power on the asset’s blockchain. The general rule of thumb suggests that...

More and more people are deciding to move away from the jurisdiction of bricks-and-mortar banks as they want more control over their money. Unbanking is a growing movement, but people aren’t storing their cash under their mattress anymore—they’re holding crypto. Specifically decentralized finance coins (DeFi). Getting full control of your money and operating with DeFi coins has a huge number of benefits when compared to traditional currencies. But there’s still one area...

[Featured Content] The cryptocurrency market is known for its tremendous volatility. Just recently, we saw Tesla revealing that they will no longer support BTC payments, sending the entire market into a steep downturn that wiped off over $400 billion from its capitalization. Trading, while appealing, can also be devastating for the unaware, prompting many to seek more passive approaches at generating profits. With this in mind, one of the more popular cryptocurrency...

[Featured Content] Cryptocurrencies have taken center stage over the past months following the impressive bullish cycle. Their growth in popularity is undeniable, and this attracts hundreds of thousands of new investors looking for a way to buy, sell, and store their crypto-assets. Nevertheless, there’s a magnitude of options out there when it comes to exchanging fiat for crypto, and it’s not always easy to get a straightforward process that’s friendly for beginners....

Anthony Scaramucci said he’s willing to wager 500K Satoshis that, within a year, Tesla or Solar City will announce its entry into “super clean” bitcoin mining. The electric automaker, Tesla Inc (NASDAQ: TSLA) steered a new milestone in the cryptocurrency ecosystem back in February when it invested $1.5 billion in Bitcoin (BTC). The company, led by Elon Musk created a new utility for the first digital currency when it declared it has started accepting the cryptocurrency as payments for its...

Despite the volatile market conditions, Michael Saylor’s business intelligence giant has doubled down on its BTC-related strategy. The firm bought another chunk of 271 bitcoins, and its total stash is now nearly 92,000 coins. The NASDAQ-listed company announced the latest purchase of 271 bitcoins on May 13th. The firm said it had bought the amount for $15 million. Despite being brought to the world today, the purchase was most likely made yesterday, as MicroStrategy said the...

Though initially Tesla was strongly interested in Bitcoin, now the company will look for its “green” alternatives.Electric vehicle company Tesla Inc (NASDAQ: TSLA) will no longer accept Bitcoin as a form of payment for its vehicles. Tesla CEO Elon Musk cited environmental concerns as the main reason for the move. He also revealed that the company was looking into more energy-efficient, “green” coins instead of Bitcoin.According to the research conducted by Houston-based TGR Datacenters,...

Das Medienecho war groß, als Elon Musk vor wenigen Wochen verkündete, dass Tesla von nun an Bitcoin als Zahlungsmittel akzeptieren würde. Doch gestern setzte Tesla genau diese Zahlungsmöglichkeit wieder aus – Elon Musk erklärte die Vorgehensweise auf Twitter. Bitcoin News: Tesla verabschiedet sich von Bitcoin und der Preis bricht einAuf Twitter erklärte Musk, dass Zahlungen mit Bitcoin nicht mehr bei Tesla akzeptiert werden würden, da der BTC zu viel Energie verbrauche. Als Zeichen für den...