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Bitcoin (BTC)

Bank of England Governor: Prepare to Lose Money if You Invest in Bitcoin

Andrew Bailey – Bank of England Governor – warned about the potential risks involved with cryptocurrency investing. He argued that digital assets ”have no intrinsic value” and individuals who invest in them should be extra cautious. The Governor Against Crypto In a recent press conference regarding the skyrocketing prices of cryptocurrencies, Andrew Bailey warned people to be exceptionally careful when allocating funds to them. The Bank of England Governor opined that there...

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Holland: Dachwohnung für 21 Bitcoins

Penthouse in den Niederlanden soll für 21 BTC verkauft werden Penthouse-Wohnung für 21 Bitcoins: Kryptowährungen machen weltweit immer mehr Schlagzeilen. In den Niederlanden wird aktuell der erste über Bitcoin abgewickelte Wohnungsverkauf durchgeführt. Aber die Niederlande sind kein Einzelfall, denn auch in Deutschland oder auf den karibischen Inseln, wird der Immobilienhandel mittels Bitcoin immer populärer. Die bislang erste Immobilie,...

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Les débuts difficiles d’un mineur « compliant »

Marathon Digital Holdings, qui se présente comme la première coopérative de minage [1] de bitcoins « entièrement conforme à la réglementation américaine », a extrait cette semaine ses trois premiers blocs de transactions (ici, là et là). Contrairement aux autres pool de minage, Marathon ne sélectionne pas les transactions de ses blocs sur des critères purement économiques (les frais les plus...

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Ethereum Hits ATH Above $3900, Further Closing Gap with Bitcoin

The attainment of the new ATH by Ethereum has duly reawakened the prospects of the digital currency to take Bitcoin over in terms of market capitalization in the future. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization is on a tear, beating its own pace as it sets a new All-time High (ATH) price record. From its lowest trading price of $3,529.59 in the past 24 hours, Ethereum has surged to a high point of $3,981.26, in a rally that has realigned the bulls...

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NPCI Refuses to Ban Cryptocurrencies in India: Leaves the Decision to Banks

The National Payments Corporation of India (NPCI) does not intend to block cryptocurrency trading. Instead, it plans to leave the decision to individual banks and thus they can determine their own risk level. NPCI to Pass the Decision to Local Banks The consequences of the COVID-19 pandemic caused colossal damages to the nation and many experts outlined the uncertainty which reigns in it. But despite the current catastrophic situation in the Asian country, trading volumes in...

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ETH Just Inches Away From $4K as Bitcoin Recorded its 3-Week Highest Price (Market Watch)

After a few days of sideways trading, bitcoin initiated an impressive leg up and even neared $60,000. Despite failing to overcome it, the asset has recovered some of its recently lost market dominance. At the same time, DOGE has slumped after Musk’s SNL appearance, while ETH and ADA went for new all-time high records. Bitcoin Neared $60K As reported just two days ago, the bears had control over the primary cryptocurrency and had pushed the price down to around $55,000....

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Dogecoin Holders Should Convert Their DOGE to BTC, Says Barry Silbert

Barry Silbert, the founder of several major cryptocurrency ventures, most notably Grayscale, has announced his big bet against Dogecoin, which was made via the DOGEBEAR2021 token offered by FTX. On top of that, Silbert suggests DOGE holders to sell their coins for Bitcoin. Dogecoin’s Turbulent Rise DOGE has enjoyed a tumultuous rise over the past few weeks, skyrocketing to new highs on the back of renewed interest from both Elon Musk and the general investor crowd. While many...

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All That Crypto You Bought Through PayPal? It Ain’t Yours…

If you think the bitcoin or cryptocurrencies you purchased through PayPal are officially yours, think again. As it turns out, anyone who purchases digital assets through the company are not given private keys to these coins, thereby denying them ownership, though it is still possible to garner a hefty profit on these assets granted they move up in price. PayPal Is Looking to Retain Control PayPal first announced its venture into the crypto space during October of last...

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New York Seeks Stoppage on Bitcoin Mining Projects to Study Atmospheric Damage

New York is concerned about bitcoin mining. So much, in fact, that a new Senate bill is looking to shut down all mining operations for approximately three years until the state can assess the damage done to the environment through mining. New York Has Taken a Stance Against BTC Mining While it is easy to point the finger at New York right now and accuse it being closed minded, the fact is that this is something that appears to be worrying the entire world, especially...

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