The city of Miami, Florida recently played host to the biggest bitcoin conference the world has ever seen. The event took place between June 3 and June 5 and featured a wide array of speakers and crypto experts including Jack Dorsey of Twitter and Square fame, and, surprisingly, professional skateboard legend Tony Hawk. Tony Hawk Is Interested in Silk Road Hawk does not claim to know everything about crypto or bitcoin, though it was revealed at the event that he invested...
Read More »Kevin O’Leary: BTC Mining Must Become Greener
Kevin O’Leary – aka Mr. Wonderful on the program “Shark Tank” – has been one of the biggest advocates of green crypto mining. He has often called out China for its lack of attention towards this and has even stated that he will not be buying any more crypto mined in China, even likening the asset to “blood coin” in recent statements. Kevin O’Leary: It’s Time to Become Environmentally Friendly In a new interview, he discusses why it is so important that bitcoin miners...
Read More »QANplatform Debuts on BSC Following $700K Raise
QANplatform can be seen as a bet against quantum supremacy, which would instantly render everything from SSL to SHA-256 blockchains.Binance Smart Chain has gained another well-established crypto project following the integration of QANplatform. The quantum-resistant blockchain recently completed a $700K raise on BSC via an Initial DEX Offering (IDO) and has been trending on Dextools in the days since.The prospect of a blockchain that can’t be cracked by advances in quantum computing has...
Read More »‘Net Neutrality’ Father Tim Wu Owns At Least $1 Million in Bitcoin
Tim Wu – a leading antitrust expert at the White House – owns between $1 and $5 million in bitcoin. His crypto investment represents the largest chunk of his portfolio. The Critic Turned out to Be a HODLer According to Politico, Tim Wu – who is also an attorney and a legal scholar – holds Bitcoin at least $1 million, representing between 25% and 43% of his total assets. He also holds between $100K and $250K worth of Filecoin (FIL). It is worth noting that the 49-year-old...
Read More »Top 4 Mistakes to Avoid when Trading Bitcoin
By keeping a few things in mind when trading Bitcoin, you can eliminate some risks and enjoy the journey more.Bitcoin trading has the potential to make you earn big amounts of money. At the same time, you also risk losing your investments due to how volatile cryptocurrency is. The fluctuations can be hard to predict and it’s important to do your research before getting started. A lot of beginners make the same kind of mistakes when entering the cryptocurrency and bitcoin market. Here are some...
Read More »Panama Is Set to Join Bitcoin Market, TRON to Open Office in El Salvador
Gabriel Silva will be the next Latin American politician after politicians in Paraguay and El Salvador to join hands in hosting BTC and crypto as legal financial assets of the nations. After El Salvador’s official announcement to adopt Bitcoin and crypto as legally accessible financial assets, Panama is all set to join hands in this bid to adopt and promote BTC mining and crypto transactions in Latin America.The recent transition of El Salvador to accept bitcoin transactions as a legal...
Read More »Bitcoin Outflows Breaking Records: The Good News and the Bad News
With the latest price fluctuations with BTC’s price, it’s worth reviewing how different investors are interacting with their holdings. From one side, centralized exchanges saw the largest daily withdrawal in the year, but, on the other, Bitcoin-related products saw the most significant outflows worth $141 million. Largest BTC Withdrawals This Year By outlining data from Glassnode, Lex Moskovski, the Chief Investment Officer at Moskovski Capital, showed the recent spike in...
Read More »U.S. DOJ Retrieves Over $2.1 Million in Bitcoin Paid as Ransom by Colonial Pipeline
The United States Department of Justice said that it recovered over $2 million worth of bitcoin, which was the majority of the ransom paid by the U.S. oil pipeline giant Colonial Pipeline to cybercriminal group DarkSide. DoJ Recovers 63.7 BTC The DoJ made the announcement in a press release on Monday (June 7, 2021). According to it, the department retrieved 63.7 bitcoins, worth $2.1 million, at the time. The operation was undertaken by the Ransomware and Digital Extortion...
Read More »Bitcoin Price Down to a Two-Week Low as Ethereum Slipped to $2,400 (Market Watch)
After a few days of sideways trading, bitcoin fell hard by losing almost $5,000 of value in less than a day. The rest of the market followed suit as Ethereum slumped by $400 to an eight-day low. Bitcoin Dumped to Lowest Level Since May 24th The past few weeks have been somewhat unusual for the primary cryptocurrency. During the previous weekend, BTC dumped beneath $33,500, but it used the workweek to regain all losses. It failed at breaching $40,000, dropped by a few thousand...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.4
ADA price started a fresh decline after it failed to surpass $2.0 against the US Dollar. The price is now trading well below the $1.65 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.68 on the 4-hours chart (data feed via Bitfinex). The price is declining and it could even slide further below $1.40 in the coming sessions. Cardano price is struggling to hold gains above $1.50 against the US Dollar,...
Read More »