Tag Archives: Bitcoin News

Bitcoin and several of its altcoin cousins appear to have jumped back into action over the past few days. BTC – the world’s number one digital currency by market cap – is trading for just under $50,000 per unit, and many analysts think if the currency can move beyond this number and stay there for some time, a major bull run could be heading our way. Bitcoin Is Exploding Again If bitcoin hits $50,000, it will be the first time such a feat is accomplished since December...

A new survey conducted by Wirex – a crypto payments platform in the United Kingdom – and the Stellar Development Foundation (SDF) shows that more and more people are becoming aware of digital currencies, and usage is at an all-time high. Wirex and SDF Join Hands for Crypto Survey The survey also shows that cross-border payments involving crypto are occurring heavily in four distinct markets: the United States, Mexico, the United Kingdom, and Singapore. It appears many...

Experts are saying that a simple switch in the bitcoin code would be enough to make the crypto mining process a lot safer for the planet. Mining Arguments Continue to Permeate the Space The arguments surrounding crypto mining have raged for years. While many say that crypto mining really doesn’t use as much energy as environmentalists think, others say the process is very damaging and will ultimately cause the planet to turn an irreversible corner. Men like Elon Musk,...

The city of Brenham in Texas has always been a major crypto mining hub. Many residents have taken to crypto mining as a hobby or as a means of earning extra funds. They do not employ expensive machines or have large warehouses filled with mining rigs to do this. Instead, they just do it out of their own homes, a testament to how loose the city has been with its regulations. Brenham, Texas Is Scaling Back Crypto Mining Energy Usage However, it looks like the city of...

The region of Calgary, Canada is doing all it can to attract cryptocurrency businesses. Calgary Tries to Rebrand Itself as a Crypto Haven Crypto is often known as the “Wild West” of the financial world, and to be fair, regions like Canada – given its history with Quadriga CX and similar ventures – doesn’t have the best track record when it comes to digital currency ventures. Thus, it looks like the country is trying to reshape its reputation and bring its ever-growing...

It looks like Warren Buffett has gotten to another class-A investor about bitcoin. To be fair, the person in question – Joel Greenblatt – is a “student” of Buffett that has been molded by the veteran real estate mogul, but it’s always disappointing when someone is so against bitcoin and crypto. Joel Greenblatt Doesn’t Think BTC Has Value Joel Greenblatt said in a recent interview that he has never bought bitcoin. He does not own any units of the world’s number one...

Joe Biden – despite being a perpetual screw up since his first day in the White House (or the White House studio set) – has managed to grease the wheels somewhat with crypto analysts and traders in the United States after he issued an executive order a few weeks ago calling for American government agencies and officials to look at regulating crypto and analyzing its risks. Joe Biden Is Still Getting Things Wrong The executive order also opened the door to a digital...

If you’re a bitcoin lover and you own real estate in the city of Rio de Janeiro, Brazil, there’s a good chance you’re feeling pretty lucky right about now. The city government has announced that those who own real estate in Rio de Janeiro can pay their real estate taxes with bitcoin and other forms of crypto. Rio de Janeiro Is Pushing Crypto Forward The move is proof, once again, that Latin America and crypto appear to go hand in hand. Several countries in that neck of...

The price of bitcoin has jumped to its highest point this year and is currently trading for more than $47,000 per unit. The currency is beginning to show signs of life once again as the asset has surged by nearly $3,000 in just the past day. Bitcoin Is Beginning to Explode Again Bitcoin has had a rocky start to 2022. The world’s number one digital currency by market cap spent the first three months of the year meandering between the mid-$30,000 and the low $40,000 ranges...

ExxonMobil – one of the biggest gas and diesel providers in the United States – is taking a page out of the ConocoPhillips book and is looking to mine bitcoin in North Dakota. ExxonMobil Seeks to Use Natural Gas to Mine BTC This is a testament to how big crypto mining has become in America. Not long ago, ConocoPhillips – a major provider of gas and oil – announced that it would be selling excess energy to mine the world’s number one digital currency by market cap. Now,...