Julie Bushnell – a teacher situated in the United Kingdom – has lost several thousand dollars to a bitcoin scam that was using the likeness of famed South African entrepreneur Elon Musk, the man behind billion-dollar companies such as Tesla and SpaceX. Julie Bushnell Has Lost A Lot of Money It seems like Elon Musk just cannot seem to catch a break as of late. When his words are not bringing the prices of various forms of cryptocurrency down into the muck, his face is...
Read More »The Rise of NFTs: Exploring the Use Cases Beyond the Art Industry
[Featured Content] Non-fungible tokens will surely go down in the history books of the cryptocurrency saga. Despite marking its powerful comeback in 2021, this mania still bears the strong scent of the crowdfunding trend. A considerable amount of time has gone after the insane popularity of CryptoKittens Dapps that managed to take down the whole Ethereum network back in the day. The new market development spiral can ring the bell again and attract more sharks due to the...
Read More »Square Will Not Be Purchasing Anymore BTC
Square – the payment firm owned and run by Twitter CEO Jack Dorsey – has announced that it will not be buying anymore bitcoin in the coming future. Square Says It Won’t Be Buying Anymore BTC Anytime Soon Square is a huge company, not just for all the business it does, but also because it is one of the first institutions to pledge official support for bitcoin and purchase a large wad of it. The company ultimately bought more than $50 million worth of the world’s number...
Read More »Bitcoin Proponents Against Elon Musk Following Heated Dogecoin vs Bitcoin Tweets
Last week, Elon Musk and Tesla shocked the entire crypto industry following an announcement that the electric car company will no longer accept bitcoin payments for “environmental reasons.” A Hard Pill For Bitcoin Maximalists Giving its reasons, Tesla argued that Bitcoin mining operation requires massive energy consumption, which is generated from fossil fuel, especially coal, and as such, causes environmental pollution. The announcement caused a market dip which saw over $4...
Read More »Elon Musk Manages to Send Dogecoin Up Again
It is hard to understand Elon Musk at times. There are moments when he appears to be quite clear regarding cryptocurrency, and other days when he seems to be way off the mark. Either he does not fully understand the influence he has on the space, or he does and says certain things knowing they will have certain impacts. Either way, he has now sent Dogecoin through the roof again with his latest words following the rough week it has had. Elon Musk and Dogecoin Are Mixing...
Read More »Bitcoin Mining Company Vows to be Carbon Neutral Following Tesla’s Recent Statement
It goes without saying that Tesla took center stage last week when the company announced it would no longer support bitcoin payments for its electric vehicles. The message seems to have resonated, as Greenidge Generation Bitcoin Mining has vowed to be carbon neutral in 2021 and beyond. Carbon Neutral Bitcoin Mining After announcing plans to expand its Bitcoin mining operations last month, Greenidge is now looking to go entirely carbon neutral this year and in the future. The...
Read More »Cardano Price Analysis: After 45% Weekly Surge, Can ADA Target $3?
ADA/USD: New ATH Above $2.50 Key Support Levels: $2.26, $2.10, $1.98, $1.85. Key Resistance Levels: $2.52, $2.75, $3.00, $3.20. While the entire market struggles, as Bitcoin fails to reclaim the $50K mark, ADA managed to surge by almost 50% this week and set a new ATH price at $2.52 earlier today. The cryptocurrency had surged from the 50-day MA at the start of May to meet resistance at around $1.80 last week. On Thursday, ADA finally broke above to reach the $2 milestone....
Read More »Univers Bitcoin : Institutions & crypto, où en est-on en France ?
Invitée : Claire Balva, cofondatrice de Blockchain Partner et directrice blockchain et crypto chez KPMG. Réalisation : Univers Bitcoin, « podcast crypto francophone où l’on parle des fondamentaux du bitcoin mais pas que… » A retrouver sur :– Itunes : podcasts.apple.com– Spotify : open.spotify.com– Deezer : deezer.com– Google Podcast : podcasts.google.com– Twitter : twitter.com/Univers_Bitcoin– Youtube : youtube.com...
Read More »North Dakota City to Accept Cryptocurrencies for Utility Bill Payments
Williston, a city in North Dakota, plans to accept cryptocurrencies for utility bills online payments, becoming the first in the state to adopt crypto assets. According to City Finance Director Hercules Cummings, the city has partnered with BitPay, one of the largest bitcoin payment service providers in the U.S. Payments will be converted from crypto to fiat in real-time. Paying Bills with Crypto The city council would first monitor how citizens respond to crypto payments....
Read More »Bitcoin Price Analysis: BTC Still In Danger As Bulls Struggle To Reclaim The $50K Mark
Bitcoin is down by a total of 17% since last Sunday as the primary cryptocurrency struggles to regain ground above the $50,000 milestone. Most of the downside action took place on Wednesday, after Tesla announced they halted to accept BTC as a payment method for their electric vehicles. The news sent BTC tumbling as it slipped to an 11-week low at $45,700, according to Bitstamp. The bulls attempted to rebound on Thursday and Friday as they battled to break back above $50,000....
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