Imagine you run an illegal business in which people pay for your marijuana with bitcoin and other forms of crypto. Where would you hide all that money? Where would you put it?Marijuana and Bitcoin Don’t Always Go TogetherClifton Collins in Ireland recently found himself facing this dilemma. Collins garnered as much as 55 million pounds in bitcoin units from an illegal cannabis business he had been running for as long as 15 years. All these bitcoins came with specific codes that would allow...
Read More »Analyst Claims Whales Are Driving BTC Price Swings
Bitcoin has been experiencing heightened volatility over the past few weeks, and it’s likely due to the reemergence of whales according to one source.The Whales Are Back in the PictureBitcoin whales are individuals who house several million dollars-worth of cryptocurrencies in their digital wallets. Often, they possess so much in a single account that the slightest maneuver of money could potentially cause the entire industry to suffer a shift of some kind. Usually, the cryptocurrency...
Read More »Michael Bloomberg Proposes Clarified Bitcoin Regulation If He Takes the White House
It looks like bitcoin and crypto are gearing up to be regular, hot debate topics during this year’s U.S. presidential election.Bitcoin Is Gearing Itself UpAs we all know, Andrew Yang was originally serving as the “crypto candidate” for Democrats throughout the country. Among Yang’s plans were to alleviate some of the tension in the regulatory space by making the rules surrounding crypto activity and trades less complicated and easier to understand for normal, everyday traders.Yang, however,...
Read More »Bitcoin Loses $600, but Is This Latest Drop Just a Fluke?
What the heck is going on with bitcoin?Bitcoin Has Fallen… Again!!Just yesterday, we reported that the currency was again above the $10,000 line, but now, it seems the currency is incurring a major drop and has fallen into the mid-$9,000 range overnight. At the time of writing, the world’s number one cryptocurrency by market cap has dropped by more than $600.And yet, there are analysts that still stand by the currency and say it’s experiencing its greatest trends in some time. Tone Vays, for...
Read More »#818 Ein Bitcoin $1300, Gericht beschlagnahmt 52 Millionen Euro in BTC & Schweden E-Krone
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 818. Heute sprechen wir über folgende Themen: 1.300 US-Dollar für einen Bitcoin, Gericht beschlagnahmt 52 Millionen Euro in Bitcoin & Schweden testet neue digitale Zentralbankwährung. 1.) 1.300 US-Dollar für einen Bitcoinhttps://www.btc-echo.de/1-300-us-dollar-fuer-einen-bitcoin/ 2.) Gericht beschlagnahmt Bitcoin im Wert von 52 Millionen...
Read More »How Brian Armstrong Went from a Simple Coder to a Crypto CEO
Brian Armstrong is a man with a plan. From an early age, he showed a very entrepreneurial spirit in everything he did and he’s now exhibiting that same attitude, only on a much larger scale.Armstrong Is a Crypto PowerhouseAs the 37-year-old CEO of Coinbase – one of the largest and most popular cryptocurrency exchanges in the U.S. – Armstrong recalls a time when he wasn’t involved with digital assets, instead spending his time after university traveling and working remotely on an education...
Read More »Coinbase and Visa Join Hands to Give Customers Crypto-Backed Debit Cards
For the first time in history, a major credit card company is working hand-in-hand with one of the world’s leading crypto exchanges. Visa has granted full membership benefits to Coinbase – one of the largest and most popular crypto trading platforms in the United States – and is allowing the company to begin issuing cryptocurrency-based debit cards to its customers.Coinbase and Visa – Together At Last?The cards are being released starting this month, though the partnership was initially...
Read More »Bitcoin Is Once Again Back Over $10,000
After the past few days of rolling through the mid and high $9,000 range and giving the crypto community something of a big scare, it looks like bitcoin is back in the game and trading above the $10,000 mark once again.Bitcoin Is Now Back Where It BelongsBitcoin has gone through a strange weekend – a strange week if you want to take things a step further. The currency gave everyone the burn when it decided to drop by roughly $400 late last week after trading for approximately $10,400 for some...
Read More »#817 Bitcoin Flash Crash, EU-Fördergelder Blockchain Startups & BitcoinSV CoinGeek Livestream
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 817. Heute sprechen wir über folgende Themen: Bitcoin Flash Crash, EU-Fördergelder bis 30.000 Euro an Blockchain Startups & BitcoinSV CoinGeek London Conference Livestream. 1.) Bitcoin Kurs Flash Crash – BTC bricht mit 9% um 900 USD einhttps://cryptomonday.de/bitcoin-kurs-flash-crash-btc-bricht-mit-9-um-900-usd-ein/ 2.) Blockpool vergibt EU-Fördergelder von bis zu 30.000 Euro an Blockchain- und...
Read More »Friend of BTC Mike Novogratz Has Laid Off 13 Employees
It’s one thing to say that bitcoin and crypto in general are doing well, but crypto-based companies? That could be an entirely different story, and Mike Novogratz may be proof of that.Mike Novogratz Is Laying Off Staff MembersNovogratz is famous for building Galaxy Digital, a commercial crypto bank. It was announced that the company has laid off about 13 individual workers – approximately 15 percent of its total employees – back in January, though at press time, it doesn’t look like these...
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