Who would’ve known that the term “HODL” came about by mistake? The term refers to someone keeping their bitcoin or other forms of cryptocurrency long-term and refusing to sell, no matter how high the price goes. It has become a staple term for the crypto industry in many ways, and yet it probably shouldn’t even exist. Where Does the Word “HODL” Come From? “HODL” was initially designed to be “HOLD,” a word that any English speaker would understand. The person writing it...
Read More »Scaramucci: BTC Will Hit $100,000 in 24 Months
Bitcoin hasn’t done super well as of late. The world’s number one cryptocurrency by market cap has ultimately lost approximately 20 percent of its value since the beginning of the year due to many harsh economic factors including the war in Ukraine and rising rates thanks to the Fed, but all this isn’t scaring Anthony Scaramucci, the former White House director of communications under Donald Trump. Anthony Scaramucci Has High Hopes for BTC Having started a bitcoin fund...
Read More »Malaysia Is Losing Power to Illicit Crypto Miners
People are stealing energy in Malaysia. Why? Because they’re looking to get rich through crypto mining, and now the national utility company in charge of electricity use has a few ideas it’s working to implement that will purportedly combat this growing crime wave. Malaysia Looks to Stop the Theft of Its Energy The company – known as Tenaga Nasional Bhd. – says it’s looking to impose a new tariff on bitcoin mining operators. The idea is to ensure that nobody can get away...
Read More »Steve Wozniak Sure Loves Bitcoin
Steve Wozniak – the co-founder of Apple – has long been a fan of bitcoin and crypto. In a recent interview, he referred to bitcoin as one of the biggest mathematical miracles of all time. Steve Wozniak Believes in Bitcoin Calling it “pure-gold mathematics” to be precise, Wozniak made it clear that while he loves bitcoin and the technology that supports it, there are other elements of the digital currency arena that he’s not too fond of, non-fungible tokens (NFTs) being...
Read More »Biden Slated to Implement New Crypto Regulation
Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Further Crypto Establishment Given Biden’s history with crypto, traders should be a little worried about what’s to come. Remember last summer’s infrastructure bill? The document opened the doors to more than a trillion dollars in spending. With a name like infrastructure, one...
Read More »Virginia Banks Are All Set to Provide Crypto Services
The line between banks and crypto is becoming a lot thinner thanks to republican politicians in Virginia. A new amendment will be signed into law by the state’s conservative governor Glenn Youngkin that will allow banks in Old Dominion to offer crypto assets and services to their customers. Virginia Is Plowing Headfirst Into Crypto Last week, the state senate of Virginia unanimously voted to move forward with a bill amendment that focused on digital currency custody. The...
Read More »JP Richardson Requires All His Employees to Be Paid in BTC
JP Richardson – the CEO and founder of crypto wallet firm Exodus – is doing what many companies would consider unthinkable. He’s paying all his employees in bitcoin, and he’s broadcasting their salaries on the blockchain to ensure transparency. JP Richardson Is Pushing the BTC Initiative Richardson began his company in 2015. Initially, everyone working with or through the firm would be required to download separate wallets for each form of crypto they invested in. This...
Read More »Bitcoin Falls Again as Investors Fear War in Europe
Bitcoin has fallen again. After a week or so of the world’s number one digital currency rising back above $40,000 and staying within that range, it looks like the asset has taken another tumble and at the time of writing, is trading for around $39,000 per unit. Bitcoin Takes Another Dive It appears the fight between Russia and Ukraine continues to bear heavy burdens on the digital asset. While some – such as Mark Mobius – have claimed that the battle in eastern Europe is...
Read More »Is Crypto Regulation Necessary? Analysts Weigh In
Crypto regulation has long been a rather controversial topic. Traders and analysts everywhere seem to be split right down the middle on it. How Necessary Is Regulation? Some of the experts out there believe it’s completely necessary, and they’re all for it. Tally Greenberg – head of business development at All Nodes – explained in a recent interview: Regulations will come up and they must come up at some point, which would stabilize the market even further. That protects...
Read More »Bill Miller Is Still Confident in BTC Despite Recent Dips
With Russia and Ukraine taking up all the spots in the news, many are wondering what will happen with bitcoin and the world of crypto. Several altcoins and digital currencies have dropped once again now that the fighting between the two countries has allegedly intensified, and many are wondering if the world’s number one digital currency can be used as a form of financial protection. Bill Miller – a legendary investor – is still very bullish on BTC despite its recent...
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