Tag Archives: News

Bitcoin and many other altcoins haven’t been doing too well as of late. These currencies are dropping and shedding value faster than anyone could have anticipated. However, their falls have given rise to stable coins, which have ultimately taken the spotlight over the course of the past week or so. Stable Coins Are Growing Like Mad Stable coins are digital assets with value that doesn’t move. This is because they are tied to fiat currencies like the U.S. dollar. When...

Over the past few months, we have seen a string of celebrities looking to cash in on the cryptocurrency craze. Between Matt Damon, Reese Witherspoon, and Larry David, one could argue that celebs – no matter how much money they earn – will always look for ways to earn more, and crypto is providing them with an additional financial outlet. However, there’s one celebrity – Ben McKenzie – who’s also talking about crypto, but in a rather negative way. Ben McKenzie Doesn’t...

The bitcoin agenda in El Salvador has produced some unexpected side effects. The country is experiencing a huge boom in tourism thanks to its newfound love of crypto. El Salvador Is Seeing a Lot More Visitors El Salvador announced last year that it was going to make bitcoin legal tender. It was the first nation to do so, and right now, someone can walk into a store or organization and purchase items and services with digital currency along with fiat. While the use of...

Analysts are convinced that Russia may utilize cryptocurrency to avoid sanctions recently imposed due to its attack on Ukraine. What Will Russia Do with Crypto? Last week, the U.S. imposed sanctions on Russia for its invasion of Ukrainian territory, but many industry experts believe that these sanctions aren’t going to go anywhere, and that Vladimir Putin could potentially turn to digital assets to avoid whatever’s been imposed on his nation by the American government....

Now that Russia has invaded Ukraine, many are worried that the United States could be entering the brink of war. We have made it clear to our enemies that if democracy is threatened anywhere in the world, the country will intervene. Warren Buffett – the mogul behind real estate giant Berkshire Hathaway – says that investors should avoid things like bitcoin and gold for now, and they should instead put all their money into stocks, as they are the safest bets in times of...

Colorado has set forth a new law that will allow people to pay for taxes and fees with cryptocurrency. Colorado Says “Yes” to Crypto Payments for Tax Fees Governor Jared Polis announced the news late last week, commenting: In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for a number of years. We see it as a critical part of Colorado’s overall innovation ecosystem. The initiative pushes forward the primary goals of bitcoin...

Bitcoin hasn’t been doing too well as of late. The invasion of Ukraine by Russia and several other factors have caused the world’s number one digital currency by market cap to fall heavily over the past week or two, and now – according to Du Jun, the chief executive of crypto exchange Huobi – bitcoin isn’t likely to experience another bull run until the end of 2024. Du Jun of Huobi Thinks Bitcoin Will Stay Low for Nearly 3 Years Du Jun recently made headlines when he...

Bitcoin is great and having a romantic relationship with someone can also be rather rewarding, but as we’re learning in recent days, the two don’t always go together. A woman that used the dating app Hinge now has an empty wallet after someone posing as potential boyfriend material scammed her out of more than $300,000 in bitcoin. Bitcoin Was the Target, Not a Romantic Relationship The unnamed woman – who is 33 years of age at the time of writing – says that she became...

It looks like Russia has invaded Ukraine. The announcement was made early this week and the results are a lot of fear hanging in the air and the price of bitcoin continuing to behave in a bearish manner. Bitcoin Incurs a Major Slip The currency was ultimately doing better than it had been in previous weeks. Bitcoin had shot up to $40,000+, and after traveling south during the final two months of 2021, it appeared that maybe 2022 was going to be the time for bitcoin to...

It looks like cryptocurrency could really help with remittance payments and boost worker salaries in Africa. Study in Africa Shows the Power of Crypto A study was conducted in Nairobi, the capital of Kenya. In this nation – and several other nations of Africa – a new industry referred to as microwork has emerged over the past ten years. Microwork is the practice of breaking up large tasks into smaller ones so they can be tackled by many people at once. This is a huge...