Tag Archives: Bitcoin News

Buying a house is never easy. Between finding the right one, mustering up the funds necessary for a down payment, and signing all the required paperwork, it can be rather overwhelming, and it’s probably one of the biggest and most important decisions you’ll ever make. You Can Buy a House with BTC or ETH Up until this point, buying a house was especially difficult for crypto fans, as many mortgage companies were not willing to accept cryptocurrency in exchange for a valid...

Several crypto mining firms are trying very hard to transition to renewable energy. Crypto Mining Energy Sources Are Still Points of Heavy Arguing The arguments surrounding crypto mining have been permeating the space for years. While there are some analysts and industry heads out there who claim the space is not as damaging to Earth’s atmosphere as one would think, there are many environmentalists who claim otherwise, no matter what’s thrown at them. It also doesn’t...

Bitcoin and other forms of crypto have been experiencing a heavy pullback as of late. BTC, the granddaddy of all digital currencies, is now trading once again for just over $40,000, a slump it managed to get away from a few weeks ago. Bitcoin Has Stumbled, but There May Be Hope However, now it looks like things are going back to “normal,” and when we say normal, we mean back where bitcoin has been for most of 2022. For the most part, this year has not been terribly kind...

Colombian app Rappi – which delivers food and other household items directly to customers – has announced its intention to accept crypto payments in the coming future. Rappi Will Accept BTC Next Year The move is essential to the crypto space in that it brings the initial goals of bitcoin and many of its altcoin cousins closer to being accomplished. What many people likely forget is that bitcoin and other digital currencies – while primarily taking on speculative forms –...

Arthur Hayes – the co-founder of BitMEX, one of the biggest digital currency exchanges in the world – is worried the price of bitcoin could drop to $30,000 by June. Arthur Hayes Thinks Bitcoin Is Going Down Heavily Bitcoin – and several other forms of crypto – have been on a downward spiral in recent days. The world’s number one digital currency by market cap recently encountered something of a short bull run, in which the asset gained about $8,000 to hit $48,000 in just...

Not too long ago, spring breakers enjoying the great outdoors and time away from their studies shared their thoughts on cryptocurrency, and they all seem to agree that digital assets are the financial tools of the future, asserting the idea that millennials are likely the most common audience members for the growing crypto space. Millennials Think Crypto Is the Future of Finance For the longest time, it has been assumed that crypto pertains primarily to millennials and...

A retired nurse has been fired from her part-time job and lost her life savings – which amounted to roughly $43,000 at the time of writing – after falling for a cryptocurrency scam. How a Nurse Became the Latest Crypto Scam Victim The nurse from Buffalo, New York – who remains anonymous at press time – claims she was tricked into sending money through a bank wire transfer and a bitcoin ATM to unknown parties after a fake pop-up on her work computer appeared telling her...

We’re only four months into the new year, but 2022 has already proven to be a busy year for cryptocurrency scam artists. According to the Richmond RCMP, roughly $2.6 million in crypto funds have been stolen from unsuspecting victims thus far, and it looks like that number is slated to grow. The Richmond RCMP Tells People What Precautions to Take According to the RCMP, most crypto scams come in the form of romance scams, fake investment schemes, or individuals pretending...

The Wikimedia Foundation has voted to stop accepting payments or donations in cryptocurrency, a huge blow to the industry. Wikimedia Votes Against Future Crypto Payments Many of the world’s biggest crypto assets were initially designed to serve as payment methods that could potentially push things like checks, credit cards, and fiat currencies to the side. However, this has been a slow journey given how volatility they tend to be. Assets like bitcoin, Ethereum, and many...

A crypto mining facility in Wichita Falls (part of Clay County, Texas) has been active for some time. The funny thing is that nobody seemed to notice it. Texas Is a Big Crypto Mining Haven The mining facility has been extracting bitcoin and other forms of digital currency for several months. Judge Mike Campbell once joked that there were more cows than people in the area that the mining facility had made its home in. Developed by Dexa Resources, the company is taking...