Tag Archives: News

Sustainable bitcoin mining and energy company Clean Spark, Inc. has announced a new acquisition that has garnered the firm an additional 1,061 Whatsminer machines ready to extract new BTC units from the blockchain. Clean Spark Is Building Its Mining Capabilities The machines are located at a mining plant hosted by Coin Mint. They will give Clean Spark an additional 93 peta-hashes per second of computing power, thus boosting the firm’s abilities tenfold. Zach Bradford –...

Kain Roomes is a 29-year-old crypto trader that has seen his wealth plunge in recent weeks following one of the most horrendous crypto crashes in history. How Much Has Roomes Lost? The digital currency scene has been one of ugliness and depression as of late. The digital currency arena has lost more than $2 trillion in overall valuation, and it looks like it may take a while for things to recuperate. The world’s number one digital currency by market cap (bitcoin) for...

EOS price rallied over 15% and climbed above the $1.50 resistance against the US Dollar. The price is now trading above $1.40 and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $1.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.40 and $1.34 support levels. EOS price is rising above $1.40 against the US Dollar, similar to...

Popular cryptocurrency exchange Bitfinex has announced it will be donating approximately 36 bitcoin units as well as $600,000 in Tether funds to the Central American nation of El Salvador. The company says this is all part of its ongoing efforts to support the nation. El Salvador Is Getting BTC from Bitfinex El Salvador has long been a bitcoin-loving nation. The country was the first to declare bitcoin legal tender in September of last year, claiming it was doing so to...

The number of romance scams involving crypto have exploded in recent years. Not long ago, Kevin Sam of Antioch became the latest victim of one such scam, and he’s lost hundreds of thousands of dollars in digital currency funds. Kevin Sam Has Lost a Lot of Money Sam says he met a woman online that he’s not naming at press time. She described her as such: She was very kind. Still to this day, she’s kind of empathetic. He commented that their relationship continued to grow...

Thomas Peterffy – a brokerage pioneer and billionaire investor – explained in a recent interview that he thinks bitcoin will eventually become worthless given inflation is slated to last for several more years. Thomas Peterffy Says BTC Will Fall to Zero The 77-year-old founder and chairman of the online trading platform Interactive Brokers took note of the fact that inflation in America has reached 9.1 percent, a new all-time high for the most powerful country in the...

Crypto lending platform Celsius Network has been in the news several times over the past few weeks. The company has made repeated headlines given that it took a big step towards centralization and ultimately paused all customer withdrawals as a means of coping with ongoing market volatility. Celsius Is Filing Bankruptcy Sadly, things didn’t quite stop here. Word has since been received that Celsius is now entering bankruptcy proceedings, hinting that maybe this crypto...

A new poll is suggesting that most people think bitcoin will hit $10,000 per unit in the coming weeks and months rather than $30,000. Will Bitcoin Fall Down to $10K? The survey in question asked, “What do you think bitcoin will do first? Hit $30K or $10K?” Many of the survey respondents said that the latter number would be struck, suggesting sentiment surrounding bitcoin in recent weeks has become rather negative. The world’s number one digital currency by market cap is...

Hyosung America is joining hands with Digital Mint, a premier cash-to-crypto platform, so it can launch a new API-based app store. Digital Mint Is Looking to Ensure Safe Access to Crypto The big clincher with Digital Mint is that customers can purchase bitcoin instantly at both ATM and teller locations throughout the U.S. The company also has its own software companies can implement if they are interested in engaging in bitcoin sales. Founded in the year 2014, Digital...

ADA price started a fresh increase above the $0.54 resistance against the US Dollar. The price is now trading above $0.54 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.536 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.530 support zone. Cardano price is showing positive signs above $0.530 against the US Dollar, similar to bitcoin. ADA price could...