Northeast Pennsylvania is the present home of a new bitcoin experiment. Known as Nautilus, the experiment is about to go live online, and it’s hosted by a firm called Terawulf. Nautilus Will Soon Be Online Nautilus is a mining facility. At first glance, this doesn’t sound all that exciting given mining is something all crypto fans are used to hearing about. After all, mining is what gives birth to crypto units like bitcoin. However, what’s unique is that Nautilus is set...
Read More »More People Are Using BTC’s Lightning Network
There is good news and there is even better news. The good news is that bitcoin has been doing relatively well as of late. The currency recently hit a six-month high and many investors are becoming more hopeful that the horrors of 2022 are finally being left behind for good. The even better news is that bitcoin adoption appears to be growing, as use of the Lightning Network has hit a new high. Use of the Lightning Network Is More Common Than Ever The heavy use of the...
Read More »Ripple (XRP) Explodes 20% Unfazed by Binance-CFTC Lawsuit, Bitcoin Consolidates: This Week’s Crypto Recap
The past seven days made for quite an exciting week in the cryptocurrency field, despite the fact that some of the events weren’t particularly positive. However, the market managed to stabilize and consolidate, gaining around $14 billion in the process. Let’s dive in. On March 27th, the United States Commodities and Futures Trading Commission (CFTC) slapped Binance – the world’s leading cryptocurrency exchange – with a lawsuit. The 74-page complaint also included its CEO,...
Read More »Morgan Stanley Predicts a Rocky Period for BTC and Crypto
The prices of bitcoin and various other forms of crypto have been doing well these past few weeks. Spikes have occurred that have brought assets like bitcoin to new six-month highs, though Morgan Stanley is now saying that a massive stock crash could come along soon that may bring the prices of these digital assets down. Morgan Stanley Thinks Things Will Be Rough for BTC This Month The sentiment for 2023 thus far is that it will be a bullish year. There are several...
Read More »Black Swan Author and Jordan Peterson Clash Over Bitcoin
Nassim Nicholas Taleb – a Lebanese-American economist known as the author of the book “The Black Swan” – started a quarrel on Twitter with the Canadian professor of psychology – Jordan Peterson – over bitcoin’s possible capability to ease monetary issues. The former is a keen critic of the primary cryptocurrency, while the latter thinks it could provide benefits in times when the economy marches towards digitization. Taleb’s Warning on Peterson’s Advice As reported by Daily...
Read More »So wurde Digitec zum erfolgreichsten Online Shop der Schweiz
Digitec, ein in der Schweiz ansässiger Online-Shop für Elektronik und Technologie, ist seit seiner Gründung im Jahr 2001 zu einem der erfolgreichsten E-Commerce-Unternehmen des Landes geworden. Mit einem Jahresumsatz von über 1 Milliarde Schweizer Franken ist Digitec heute das größte Online-Elektronikgeschäft der Schweiz. Aber wie hat es das Unternehmen geschafft, sich an die Spitze des Marktes zu setzen und die Konkurrenz zu überflügeln? Ein wesentlicher Faktor für den Erfolg von Digitec ist...
Read More »Bitcoin Cash Analysis: Bulls Remain Active Near $115
Bitcoin cash price started a fresh decline from the $138 zone against the US Dollar. The price is now trading below the $125 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $122 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a decent increase if it stays above the $115 support zone. Bitcoin cash price is declining from the $138 zone against the US Dollar,...
Read More »Israel Is Looking to Regulate Crypto Activity
The Tel Aviv Stock Exchange has announced it’s going to begin regulating all crypto trades in the coming future. Many analysts believe this is just the first step of what will likely be full crypto regulation in the country of Israel. Israel Is Looking at Steps for Crypto Regulation Ilan Tennenbaum – a veteran crypto trader – said in a recent interview: Finally, Israel, along with the rest of the world, is moving forward with regulations. With everything that happened in...
Read More »XRP Slips Away From $0.60, Is a Deeper Correction Imminent? (Ripple Price Analysis)
Ripple’s price has rallied violently over the past few days, breaking multiple significant resistance levels against both USDT and BTC. However, the price is currently struggling at a key level. Technical Analysis By: Edris XRP/USDT Daily Chart: XRP’s price has risen rapidly since breaking the $0.43 level to the upside and retesting it. Ripple is currently trading at around $0.54 per coin and has finally reached the key $0.55 resistance area. However, the price is seemingly...
Read More »Denmark to Start Taxing Bitcoin Profits, Rules the Supreme Court
The Supreme Court of Denmark ruled that people should be subject to taxation when generating profits by selling bitcoin. The legislation will apply to both investors and miners. The Court’s Decision Højesteret – the third and final instance in all civil and criminal cases in the Kingdom of Denmark – announced on March 30 that investors who made any profits when selling bitcoin holdings will have to pay taxes. The magistrates claimed that people buy BTC, hoping to sell it at...
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