The crypto winter is really wreaking havoc on crypto miners everywhere. While large scale miners are still doing “ok” in the general scope of things, those who have simply made mining a hobby and who are doing it from home have either been forced to leave the industry completely or really scale back so they can save money on their operations. Crypto Miners Have Seen Profits Really Fall Many of the at-home crypto miners to emerge in recent years say they have seen their...
Read More »Dr. Rohit Jaiswal, Plastic Surgeon, Says He’ll Accept Crypto Payments
If you’re interested in paying for a butt lift or tummy tuck with digital currency, it appears the stars are aligned with your goals. Dr. Rohit Jaiswal – the head plastic surgeon at Atelier Plastic Surgery – has announced he will be accepting digital currencies like bitcoin as a method of payment for cosmetic procedures. Dr. Rohit Jaiswal Opens His Heart to Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many...
Read More »Sam Bankman-Fried: Most Assets Are Ponzi Schemes
Sam Bankman-Fried – the crypto executive behind the growing and increasingly popular digital exchange FTX – has said many of the digital currencies out there are “empty products” with “real crash potential.” Sam Bankman-Fried on Many of the Newer Assets His words come at a time when the crypto space is arguably suffering like it never has before. Assets like bitcoin, for example, have lost more than 70 percent of their value at the time of writing, with the world’s...
Read More »Coin Switch Hires Sudheer Tumuluru as Its Main Crypto Engineer
Coin Switch – a digital currency investing app – has announced Sudheer Tumuluru as the head of its crypto engineering department. Coin Switch Has Added Many People to Its Payroll Sudheer previously served as the vice president of engineering for fashion for the e-commerce company Myntra. He has worked extensively with big data, cloud, and infrastructure platforms, and with several companies in both the United States and India. He’s excited to be bringing his wealth of...
Read More »Elon Musk: I Never Forced Anyone to Invest in Crypto
Elon Musk has come to his own defense following a recent lawsuit that has been thrown in his direction. The suit is coming from a group of investors who claim they lost millions of dollars on Dogecoin investments after listening to Musk talk it up. Elon Musk Says He’s Not the Bad Guy Musk has always been a crypto bull, especially when it comes to Doge. He was long rumored to be the new CEO of Dogecoin, though sadly, this later turned out to be just an internet rumor....
Read More »Will October Be a Big Month for Bitcoin?
Could bitcoin increase its price by as much as 30 percent in the coming months? Bitcoin May Come Back from Oblivion in Two Months There are many analysts out there that seem to believe October of this year will be a major turning point for bitcoin. They believe the asset could add as much as 30 percent to its value, which per its price at the time of writing, would mean that it would shoot up to about $28,000 or $29,000. That’s not much of an improvement, but it’s...
Read More »Tom Brady Featured in New FTX Crypto Commercial
American football star Tom Brady – who has recently become the celebrity front man for FTX, a new yet increasingly-popular digital currency exchange – was recently featured in an odd, yet interesting advertisement for the platform in which he melted a block of ice containing a single bitcoin with a flamethrower, thus symbolizing that no crypto winter can stop the space from flourishing. Tom Brady Is Seen Promoting FTX In the ad, Brady is seen standing next to a pool. He...
Read More »Despite Falling Prices, Crypto Startups Continue to Attract Investors
The crypto space has been doing rather poorly as of late. Bitcoin, for example, has lost more than 70 percent of its value and is trading in the low $20,000 range after hitting a new all-time high of roughly $68,000 per unit in the final months of 2021. Many other digital currencies are following suit, and it looks like the industry has lost trillions – not billions or millions – in value. Crypto Startups Remain Popular Despite all this, crypto startups keep popping up...
Read More »Analysts Discuss the Recent Bitcoin “Steadiness”
The world of crypto has experienced something of a steady period. While many of the world’s leading digital assets are nowhere near the highs they achieved in the final months of 2021, it’s good to see that bitcoin, for example – after hitting $19,000 and $20,000 – is flirting with the $22K mark, and other leading assets like Ethereum are beginning to follow suit and hovering at the $1,100 level. What Is Going on with Bitcoin? Stephane Ouellette – CFA and founder of FRNT...
Read More »Reno, Nevada Is Beginning a New Blockchain Project
Reno, Nevada – often dubbed the “biggest little city in the world” – has some massive cryptocurrency ambitions. It’s now looking to establish a city-based blockchain system to help residents ease their way further into the world of web3. Reno, Nevada Is Eager to Enter the Blockchain Space Mayor Hillary Schieve serves on a committee known as the Conference of Mayors, which also features Francis Suarez of Miami. Suarez has long been a proponent of bitcoin, even going so...
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