Bitcoin shot up again in early March, and investors have been given another hopeful boost. Bitcoin Hikes Its Price Up a Bit in Early March The currency experienced a bit of dip towards the end of February. The world’s number one digital asset by market cap had shot up to a six-month high of about $25,000 per unit during the midway point of the month, though just a few weeks later, the asset had fallen to about $23,000, roughly $2,000 less than where it had been shortly...
Read More »A Woman Who Runs a Vegetable Vendor Has Begun Accepting BTC Payments
A “grandma” (rather an old woman that is old enough to be a grandma) was recently featured in a crypto-related Reddit video. The story of the video is that the woman – who runs a vegetable kiosk – made her first bitcoin sale, and she couldn’t be more pleased about it. A Woman Begins Accepting BTC for Her Vegetables The clip is proof that it doesn’t matter how old you are. Whether you’re in your 20s, 30s, or your early 90s, you’re never too young or too elderly to...
Read More »Bitcoin Halving 2024 Is Just 1 Year Away and This Is Not April Fool’s Day Joke
The digital currency received a significant boost entering this year and despite the tough regulatory crackdowns and Fear, Uncertainty, and Doubt (FUD) that gripped the industry, the price of the cryptocurrency remained resilient. The most significant event in the history of the Bitcoin (BTC) blockchain – the Halving event – is now slated for April 2024, implying that it is exactly a year away. While the timeline for this event is often known beforehand, the fact that April is here has...
Read More »A Group Has Formed to Stop the SEC from Hurting Crypto
An advocacy consumer group has formed that’s designed to go after the Securities and Exchange Commission (SEC) and stop it from getting in the way of crypto innovation. The Digital Currency Trader’s Alliance (DCTA) is now featuring commercials for the group online and is calling for retail investors to speak with their state politicians about joining the battle. The SEC Is Now Facing Some Opposition The SEC seems to be under the impression that it has the right and the...
Read More »Italy Data Regulator Imposes Ban on ChatGPT for Allegedly Breaching Data Privacy
In a press release, the GDDP said it is investigating ChatGPT following a ban on the wildly popular OpenAI chatbot. Italy has become the first Western nation to officially ban the artificial intelligence chatbot ChatGPT over privacy concerns. The European country seeks to launch an investigation regarding suspected breaches of its data privacy rules. This investigation would also ascertain whether the OpenAI chatbot complied with General Data Protection Regulation. On Friday, the Italian...
Read More »Pennsylvania to Host Nautilus, a Nuclear-Powered BTC Mining Facility
Northeast Pennsylvania is the present home of a new bitcoin experiment. Known as Nautilus, the experiment is about to go live online, and it’s hosted by a firm called Terawulf. Nautilus Will Soon Be Online Nautilus is a mining facility. At first glance, this doesn’t sound all that exciting given mining is something all crypto fans are used to hearing about. After all, mining is what gives birth to crypto units like bitcoin. However, what’s unique is that Nautilus is set...
Read More »More People Are Using BTC’s Lightning Network
There is good news and there is even better news. The good news is that bitcoin has been doing relatively well as of late. The currency recently hit a six-month high and many investors are becoming more hopeful that the horrors of 2022 are finally being left behind for good. The even better news is that bitcoin adoption appears to be growing, as use of the Lightning Network has hit a new high. Use of the Lightning Network Is More Common Than Ever The heavy use of the...
Read More »Elon Musk Reportedly Planning to Visit China to Meet with Premier Li
Tesla CEO Elon Musk appears set to visit China amid an increasingly frosty relationship between Beijing and Washington. Elon Musk reportedly plans to visit China in April to meet with the country’s Premier Li Qiang. However, inside sources explained that the timing of Musk’s visit remains subject to Li Qiang’s availability. The Elon Musk trip to China would be the first time the Tesla (NASDAQ: TSLA) CEO would visit the East Asian nation since Covid. Musk last visited China when President...
Read More »Coinbase CEO Is Against Call to Suspend ChatGPT Development
Though the Coinbase CEO is very clear in his support for ChatGPT, many other tech leaders blatantly disagree with him. Brian Armstrong, the Chief Executive Officer (CEO) of American publicly traded crypto exchange Coinbase Global Inc (NASDAQ: COIN) has come out to kick against the call to stop the development of ChatGPT, the chatbot developed by OpenAI. Armstrong took to his Twitter page to dissociate himself from the call for the halt as he noted that for advancement to be made, fear must...
Read More »Morgan Stanley Predicts a Rocky Period for BTC and Crypto
The prices of bitcoin and various other forms of crypto have been doing well these past few weeks. Spikes have occurred that have brought assets like bitcoin to new six-month highs, though Morgan Stanley is now saying that a massive stock crash could come along soon that may bring the prices of these digital assets down. Morgan Stanley Thinks Things Will Be Rough for BTC This Month The sentiment for 2023 thus far is that it will be a bullish year. There are several...
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