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Tag Archives: Bitcoin News

Jared Kenna Thinks the Crypto Industry Hasn’t Changed for the Better

Some people don’t seem to enjoy bitcoin no matter how far it goes, but when one of those people is Jared Kenna – a man who ultimately got rich off of it – the odds don’t look too great.Jared Kenna Discusses His “Bitcoin Plight”Kenna is one of bitcoin’s earliest millionaires, but his presence within the crypto tech world has ultimately faded over the past three years. This has been for several reasons, the biggest one being that he’s lost his “love for the industry,” according to a recent...

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U.K. Report Suggests Institutional Investors Very Interested in Crypto

Perhaps institutional players aren’t that hard to come by. Perhaps they are interested in crypto after all, and perhaps they do want to diversify their portfolios with new technology.Institutional Investors Are More “Forgiving” Than We ThoughtThat’s the sentiment of a London-based OTC firm known as BCB Group. According to a new report issued by the organization, institutional investors are still intrigued by bitcoin and its crypto cousins despite the nasty price falls we’ve been witnessing as...

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Google’s Supercomputer Puts Fear in Crypto Miners’ Hearts

Last month, Google made a shocking announcement: that it had developed a supercomputer that could potentially solve very long and complicated mathematical equations. For some analysts, this meant only one thing: that bitcoin was about to become obsolete.A Supercomputer that Makes BTC Obsolete?Data pertaining to the computer was eventually published to NASA’s website, though the information was ultimately taken down potentially because it had not yet been confirmed.As we all know, bitcoin...

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School Looks to Lower Emissions from Bitcoin Mining

There’s no denying that bitcoin has great promise. Since it first emerged on the financial plane roughly ten years ago, the currency has come a long way and is changing the world of monetary trading as we know it.Bitcoin and Its Carbon EmissionsUnfortunately, not everyone is convinced that it has something to offer. One of the big problems with bitcoin that continually gets in the way is its carbon footprint, which according to some analysts is bigger than one might expect. In the past, it’s...

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Delphi Digital Issues Report Discussing Bitcoin’s Price Fall

Delphi Digital has issued a new report suggesting why the bitcoin price could potentially spike to new heights over the coming months. At the same time, the report also acknowledges some of the bearish trends that could possibly take precedence. If this were to occur, bitcoin could ultimately fall to new lows.Delphi Digital Is Split When It Comes to BTCAt press time, everyone’s favorite cryptocurrency is trading for over $8,200, thereby showing slight improvement over the past few days. The...

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Bitcoin Price Analysis: BTC Recovery Facing Uphill Task

Bitcoin price is currently consolidating losses above the $7,600 and $7,800 levels against the US Dollar.The price is facing a lot of hurdles near the $8,500 and $8,800 levels on the upside.There are two key bearish trend lines forming with resistance near $8,420 and $8,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to struggle in clearing the $8,420 and $8,500 resistance levels in the near term.Bitcoin price is trading in a bearish zone below $9,000...

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Engineer Fined for Using Russian Supercomputer for Mining BTC

When will people learn that they shouldn’t be “mining on the job?” Unless you’re employed as a bitcoin miner, you should wait until you’re on your own time to engage in such activity.Mining Can Be a Tricky – and Sometimes Illegal – BusinessThat’s what one Russian engineer is learning this week. Denis Baykov, a worker at the Federal Nuclear Center in Sarov, has been fined roughly 450,000 rubles (about $7,000 USD) for utilizing a supercomputer inside the nuclear facility in which he works to...

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Band Capital Allows Users to Take Short and Long Positions on BTC

The main net of Band Capital, a decentralized finance network, began on Monday, September 30, and customers will now have access to the startup’s new decentralized application Bit Swing, which offers bitcoin binary trading options.Band Capital Is Live for Crypto TradersThe company is backed by a venture capital firm known as Sequoia India, and this is interesting in that India has had a very mixed relationship with cryptocurrency. The nation has repeatedly banned activity surrounding crypto,...

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WEG Helps Businesses Say “Yes” to Crypto Payments

German bank WEG is paving the way for retailers to begin accepting crypto payments in the year 2020.WEG Helps Institutions Say “Yes” to CryptoWEG Bank is owned by both the blockchain firms Nimiq and Token Pay, as well as by the Litecoin Foundation. In an interview, CEO Matthias von Hauff says that the establishment is beginning to accept applications from companies and businesses that are interested in accepting crypto in the future. He says:You don’t have to be a customer of the bank. All we...

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Fraud! Letters Emerge Asking for Crypto to Fund Brexit

We’re all aware that cryptocurrency fraud has taken a massive toll on the industry, but if you’re pretending to be Queen Elizabeth II to get your fingers on digital assets, you’re probably taking things a little too far.Crypto Fraud Is Taking a “Royal” TurnA letter circulating through LinkedIn and other social media platforms shows that alleged fraudsters are reportedly asking for bitcoin and cryptocurrency funds from specific investors who might have great interest in solving “Britain’s...

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