The price of bitcoin has fallen from around $51,000 to just over $47,000 at the time of writing, and several other forms of crypto are also feeling the heat. Ethereum, for example, has risen about 400 percent since the beginning of the year, though it is set to experience its worst month since March of 2021. Bitcoin Has Taken a Dip According to many analysts, the problems stem from growing Omicron cases – the new coronavirus variant – and from climate change. While many...
Read More »Elon Musk Thinks He Knows Who Satoshi Nakamoto Is
Elon Musk seems to think he knows who Satoshi Nakamoto is. Nakamoto is the pseudonym of the alleged creator of bitcoin, the world’s number one digital currency by market cap, and according to Musk, everything points to Nick Szabo – a computer scientist and legal scholar. Elon Musk Suggests Nick Szabo as a Nakamoto Potential The legend of Nakamoto has grown heavily over the years. Many people have contemplated who it could be, and there have been many guesses and even...
Read More »Bitcoin Stumbles Again; A Rocky Start to 2022
It’s 2022 and bitcoin is not starting the new year off well. The currency – which was recently trading for as much as $51,000 per unit just last week – has fallen to about $47,000 at press time. That’s $4,000 off its price in a rather limited period, and many are wondering if this is an ugly sign of things to come. Bitcoin Enters 2022 a Little Shaky Bitcoin is performing worse than it has in the past seven months, according to many analysts. The currency has fallen by...
Read More »Andy Yen On Using BTC to Enhance Privacy Measures
Andy Yen is the CEO of Proton, a privacy-focused company that has established a new encrypted email service. Now, the firm is working on bringing outside privacy tools onboard, some of which stem from bitcoin and blockchain technology. Andy Yen On Bringing BTC to the Table Yen sat down to an interview in which he discussed how he sees his company interacting with bitcoin and the growing crypto space in the coming years. He mentioned he’s a fan of bitcoin, and he would...
Read More »Mac Jones of the Patriots Gives His Teammates BTC
Mac Jones is a rookie quarterback for the New England Patriots football team. He’s had quite a year in 2021, having led the team to a new 9-6 record, and he’s now slated to be the official winner of the Rookie of the Year award. Mac Jones Seems to Love BTC To celebrate, Jones is giving bitcoin to all the team members that helped the Patriots get to where they need to be. He says he couldn’t have accomplished all he’s set out to do by himself, and he’s looking to share...
Read More »UAE Is Coming Down Hard On Crypto Fraudsters
The United Arab Emirates (UAE) is going to be hard on crypto scammers as it works to end all fraud in the industry. Regulators have stated that anyone taking part in a crypto scam of any kind will face up to five years in prison and be required to pay a hefty fee. This new law is set to take effect tomorrow on January 2, 2022. The UAE Works to Handle Crypto Scams 2021 was arguably the year for crypto. Bitcoin, for example, rose to a whopping $68,000 per unit – the...
Read More »India Is Still Contemplating What to Do with Crypto
Narendra Modi – the prime minister of India – has emerged to let crypto traders know that while the nation may have delayed its regulatory decision, it still has every intention of ensuring that crypto presents a safe environment for everyone within the country’s borders. India and Crypto… Where Are Things Headed? Not long ago, discussions emerged saying that bitcoin and crypto were no longer on the verge of being banned in India, and thus the country was instead going...
Read More »2022 Has Arrived! Will It Be a Good Year for Bitcoin?
What does 2022 have in store for bitcoin? While it’s impossible to assume what may or may not happen, there are a few patterns that have occurred in the currency’s short history that could give us some clues as to what we can expect from the world’s number one digital asset over the next 12 months. Bitcoin Has Had a Solid 12 Months Bitcoin had a big year in 2021. There is no doubt about that. Between the currency’s rising price and regions like El Salvador declaring it...
Read More »The Biggest Bitcoin Price News of 2021
As mentioned in an earlier article today, bitcoin had a big year in 2021. The asset itself and several other forms of cryptocurrency experienced many major developments and there were a lot of things revolving around the world of crypto throughout the past 12 months. How Was the Bitcoin Price Throughout the Year? But those were specific stories. It’s now time to look at bitcoin’s actual price movements throughout the year to see what patterns its followed and to better...
Read More »Gibraltar Is Trying to Revamp Itself as a Big Crypto Haven
The Gibraltar Stock Exchange (GSX) is permitting users to trade cryptocurrencies like bitcoin and Dogecoin alongside standard government bonds. Gibraltar Has Some Big BTC Plans Gibraltar is a tiny region owned by Britain. Housing just over 33,000 people, it is a small territory to say the least, yet it boasts an economy worth more than 2.4 billion pounds at the time of writing. Gibraltar is also overseen by a team of roughly 82 regulators, meaning the area’s finances are...
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