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Tag Archives: Bitcoin News

China Penalizes More Than 20 Mining Firms

The Inner Mongolia region of China is a prime hotspot for bitcoin miners. The energy is cheap and plentiful, so if you’re looking to potentially be part of the extraction process for new coins, this is probably the place to do it in.China Takes Quick ActionHowever, if you show up to do business within this region, make sure you don’t lie on your application form, and always be clear about who you are and what you’re looking to accomplish. Approximately 21 mining farms – including those of...

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Winklevoss Twins Suggest $500K Price for Bitcoin

The Winklevoss Twins – the head executives of the Gemini Exchange in New York – believe that the price of bitcoin could potentially reach $500K in the coming future.The Winklevoss Twins Are Pushing BTC All Over AgainWhile they didn’t give a date regarding when people can expect the world’s number one cryptocurrency by market cap to reach this figure, they did say that with the current state of the dollar and with gold on such a meteoric rise in recent weeks, bitcoin is looking better than...

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U.S. Initiates Lawsuit Against North Korea Over Stolen Digital Currencies

The United States is saying “enough” when it comes to the hacking history of nuclear state North Korea. The country is now suing its rival for control of more than 200 separate bitcoin and Ethereum accounts which allegedly contain crypto funds that were taken illegally from two trading exchanges.North Korea Is Being Taken to CourtNorth Korea has a long history of stealing cryptocurrency to fund its illicit programs. The country is allegedly the home of Lazarus, a hardcore hacking organization...

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Bitcoin Wallet Stashes Just Keep Getting Bigger

The number of digital wallets containing more than 1,000 bitcoin units has grown to an all-time high. According to the Bitcoin Rich List, roughly 2,190 separate wallets contain 1,000 units of bitcoin or more each, which makes sense considering the circumstances that have surrounded the world’s most popular – and largest – cryptocurrency by market cap as of late.A High Number of Growing Bitcoin WalletsAs it stands, more and more people are beginning to view bitcoin in a positive light. In...

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Egor Kriuchkov Charged in $1 Million Bitcoin-Computer Crime

Another instance of bitcoin crime is in the books. This time, the culprit is potentially a Russian man named Egor Igorevich Kriuchkov who sought to pay the employee of a Nevada-based company $1 million in bitcoin to install malware onto the company’s network.Kriuchkov Is Currently Being Held to Await TrialKriuchkov entered the United States on a tourist visa and through a Russian passport. He initially met with the employee of the company several times before initiating the plan, according to...

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#958 Bitcoin 16k oder 9,6k & Wash-Trading-Verdacht – Razzia bei Bitcoin-Börse Coinbit

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 958. Im heutigen Video geht’s um folgende Themen: Bitcoin auf 16k oder 9,6k & Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse Coinbit 1.) Traders say Bitcoin now faces 2 main scenarios: $16K or $9.6K — Here’s whyhttps://cointelegraph.com/news/traders-say-bitcoin-now-faces-2-main-scenarios-16k-or-96k-heres-why 2.) Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse...

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Riot Blockchain to Purchase More than $17 Million in New Mining Equipment

Riot Blockchain has announced that it has signed a $17.7 million purchase with China’s Bitmain – the largest and most dominant crypto mining firm in the world – and that it will buy more than 8,000 next generation Antminer machines to extract new coins.Riot Blockchain Is Expanding Its HorizonsAccording to the terms of the purchase, Bitmain will deliver approximately 2,000 machines per month to Riot Blockchain beginning in January of next year and ending four months later in April. Riot is a...

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With Inflation Again on the Rise, Bitcoin Could Soon Explode

Many people are seeing bitcoin as a potential hedge against inflation, but as of late, that sentiment is growing, largely because of Jerome Powell, head of the Fed.Bitcoin Could Potentially Surge in the Coming WeeksAs the U.S. Federal Reserve chairman, Powell will be speaking this week at the annual Jackson Hole conference in Wyoming. He’s expected to lay down the law and instill a new set of rules and regulations that will potentially bring inflation in the United States even higher. Among...

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The Way People Stored Cash Is Now How They’re Storing Gold and BTC

Everyone is so worried about inflation as of late that we’re starting to resort to the old ways of keeping cash stuck between a mattress, only this time, it’s not cash that has been the object of everyone’s affection. Rather, everyone is looking to stock up on bitcoin and gold as much as they can.Gold and Bitcoin Are Getting AheadRichard Hodges of London says that he’s been preparing for moments like these for many years. He bought his first physical bar of gold in the year 2009 and has been...

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#957 Bitcoin Zyklen, FTX kauft Blockfolio 150 Millionen & MicroStrategy findet Nachahmer

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 957. Im heutigen Video geht’s um folgende Themen: Bitcoin Zyklus verlängert sich, FTX übernimmt Blockfolio für 150 Millionen US-Dollar & Bitcoin-Rücklagen immer populärer. 1.) This Unique Perspective Makes It Clear Bitcoin Cycles Are Lengtheninghttps://www.newsbtc.com/2020/08/27/bitcoin-cycle-comparison-chart-lengthening/ 2.) FTX übernimmt Blockfolio für 150 Millionen...

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