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Bitcoin (BTC)

Xmas Status Quo: Bitcoin at $50K, ETH Retests $4K, MATIC Spikes 7%

After nearing $52,000 earlier this weekend, bitcoin has lost some ground but still stands around the coveted $50,000 mark. The altcoins are untypically calm, with ETH close to $4,000. In contrast, MATIC is up by more than 6% on a daily scale. Bitcoin Down to $50K Just days before Christmas, the primary cryptocurrency had dropped to $48,000 after failing to overcome $50,000. However, the bulls came to play at this point and pushed the asset north. In the following hours,...

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Metamining Uses an Innovative Cooling Solution to Make Bitcoin Mining Farms Viable in the Middle East

[PRESS RELEASE – Dubai, United Arab Emirates, 22nd December 2021] Metamining is a Bitcoin mining operation that spans over 30,000 machines securing the network and collecting BTC block rewards. The operation resides across the Middle East, benefiting from affordable electricity. However, these units do not require air conditioning but are kept cool through a “water curtain” system that is six times more power-efficient. The company has announced that it evolved into one of...

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Manasquan Bank and Bakkt Team Up to Provide Crypto Services

Manasquan Bank in New Jersey has chosen Bakkt Holdings, Inc. to be its partner platform in offering customers digital currency services. Manasquan Bank and Bakkt… The Perfect Pair? Manasquan Bank is a community-based mutual bank that manages nearly $3 billion in assets. The bank’s retail clients will now be able to sell, buy, and hold digital currencies through the firm’s new services, which are being initiated through Bakkt, a crypto custody enterprise designed...

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Crypto Salaries Are Becoming a Regular Thing

More and more companies out there are looking to pay their younger workers in crypto as a means of keeping them aboard. Why More People Are Getting Paid in Crypto One example comes in the form of Stephen Gerrits, who is a senior at Clemson University in South Carolina. He has a part-time job with a startup and gets paid in crypto, something he’s clearly pleased about. He said in a recent interview: Why not take the chance or the opportunity to kind of strike it rich, get...

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Eco Penguin Seeks to Limit Carbon Emissions in Crypto

Eco Penguin – a company designed to offset carbon emissions in the crypto industry – is partnering with a non-profit company known as Carbon Offsets to Alleviate Poverty (COTAP). It is the first carbon-offsetting company to accept crypto as a method of payment. Eco Penguin Is Hoping to Limit Carbon Emissions from Crypto The goal is to help all crypto firms accept responsibility for the damage they allegedly cause to the environment. This has been a heavy topic over the...

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La musique du documentaire « Le Mystère Satoshi » disponible sur les plateformes de streaming

Composée par Grégoire Terrier, la bande originale du documentaire Le Mystère Satoshi de Rémi Forte est désormais disponible sur le site de l’artiste ainsi que sur Deezer, Apple Music, Soundcloud, Youtube et plusieurs autres plateformes de streaming [1]. Pour soutenir le travail de Grégoire Terrier : 1HQB9tgD1ipEPbxPVHUiKvdZzoChVsf365 (50% des bénéfices reversé à l’ONG Human Right Foundation)....

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World Chess Champion Magnus Carlsen Competed in a 1 BTC Prize Bullet Tournament

In 2021, many celebrities across different fields got involved with the cryptocurrency space in various ways. Chess grandmaster Magnus Carlsen competed for the top prize of 1 Bitcoin (approximately $51,000 at the time of writing) in the bullet tournament “Agadmator CakeDeFi Christmas Arena” on the 21st of December. Apart from Carlsen, the 2-hour featured some of the very best bullet players in the world, including Hikaru Nakamura, Alireza Firouzja, Andrew Tang, Daniel...

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While Bitcoin Maintains $50K, Bitcoin Cash ABC Up 50% (Market Watch)

Despite retracing after the latest two-week high by several hundred dollars, bitcoin has remained above $50,000. Most altcoins are also slightly in the red following yesterday’s gains, with a few exceptions, such as Bitcoin Cash ABC, which is up by 50%. Bitcoin Maintains $50K Following a few consecutive weeks of consistent price drops, bitcoin finally initiated an impressive leg up yesterday, in which it broke above $50,000. Moreover, the cryptocurrency kept going upwards in...

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No Spot Bitcoin ETFs for American Investors This Year: SEC Shots Down Two Proposals

Reflecting on the past year, 2021 has been great for Bitcoin and the cryptocurrency market. It even saw the birth of two BTC futures ETFs in the States, but with just a week remaining until the end of it, American investors might not see spot one. SEC in no Mood for Spot Bitcoin ETFs According to the official document, the SEC rejected physically-backed Bitcoin ETFs proposed by Valkyrie and Kryptoin. The regulator cited similar market manipulation concerns while referring to...

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Chainalysis: 2021 Saw More Crypto Fraud Than Any Other Year

2021 was the year for crypto. Between bitcoin hitting the ultimate high of roughly $68,000 per unit last November and Pro Shares unveiling its new bitcoin-based exchange-traded fund (ETF), it can be argued that this was the ultimate time for digital currency transactions. However, with such developments came a crud-load of illicit activity, and 2021 saw the highest amounts of crypto fraud and theft ever recorded in the history books according to blockchain analysis firm...

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