Tag Archives: News

Several crypto mining firms are trying very hard to transition to renewable energy. Crypto Mining Energy Sources Are Still Points of Heavy Arguing The arguments surrounding crypto mining have been permeating the space for years. While there are some analysts and industry heads out there who claim the space is not as damaging to Earth’s atmosphere as one would think, there are many environmentalists who claim otherwise, no matter what’s thrown at them. It also doesn’t...

Bitcoin and other forms of crypto have been experiencing a heavy pullback as of late. BTC, the granddaddy of all digital currencies, is now trading once again for just over $40,000, a slump it managed to get away from a few weeks ago. Bitcoin Has Stumbled, but There May Be Hope However, now it looks like things are going back to “normal,” and when we say normal, we mean back where bitcoin has been for most of 2022. For the most part, this year has not been terribly kind...

Colombian app Rappi – which delivers food and other household items directly to customers – has announced its intention to accept crypto payments in the coming future. Rappi Will Accept BTC Next Year The move is essential to the crypto space in that it brings the initial goals of bitcoin and many of its altcoin cousins closer to being accomplished. What many people likely forget is that bitcoin and other digital currencies – while primarily taking on speculative forms –...

Arthur Hayes – the co-founder of BitMEX, one of the biggest digital currency exchanges in the world – is worried the price of bitcoin could drop to $30,000 by June. Arthur Hayes Thinks Bitcoin Is Going Down Heavily Bitcoin – and several other forms of crypto – have been on a downward spiral in recent days. The world’s number one digital currency by market cap recently encountered something of a short bull run, in which the asset gained about $8,000 to hit $48,000 in just...

Cryptocurrency investors with WAGMI United are said to have purchased League Two side Crawley Town, a professional soccer club. The organization had failed to purchase Bradford City last year and is now looking to make up for what it considers a missed opportunity. WAGMI Has Entered the World of Sports WAGMI says it is looking to unveil a new line of non-fungible tokens (NFTs) based on the team and its players to give fans a stronger method of connecting to their...

Not too long ago, spring breakers enjoying the great outdoors and time away from their studies shared their thoughts on cryptocurrency, and they all seem to agree that digital assets are the financial tools of the future, asserting the idea that millennials are likely the most common audience members for the growing crypto space. Millennials Think Crypto Is the Future of Finance For the longest time, it has been assumed that crypto pertains primarily to millennials and...

A retired nurse has been fired from her part-time job and lost her life savings – which amounted to roughly $43,000 at the time of writing – after falling for a cryptocurrency scam. How a Nurse Became the Latest Crypto Scam Victim The nurse from Buffalo, New York – who remains anonymous at press time – claims she was tricked into sending money through a bank wire transfer and a bitcoin ATM to unknown parties after a fake pop-up on her work computer appeared telling her...

Bitcoin cash price started a fresh decline from the $354 resistance against the US Dollar. The price is now trading below the $340 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $338 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $315 support zone in the near term. Bitcoin cash price is struggling below $330 against the US Dollar,...

We’re only four months into the new year, but 2022 has already proven to be a busy year for cryptocurrency scam artists. According to the Richmond RCMP, roughly $2.6 million in crypto funds have been stolen from unsuspecting victims thus far, and it looks like that number is slated to grow. The Richmond RCMP Tells People What Precautions to Take According to the RCMP, most crypto scams come in the form of romance scams, fake investment schemes, or individuals pretending...

A man has been charged with running several illegal bitcoin and crypto ATMs in New York that were set up in laundromats throughout the state. Robert Taylor, 35 years of age, has been charged with criminal tax fraud in the third degree, offering false instruments for filing in the first degree, and operating an unlicensed transmission business. Robert Taylor Has Been Charged with Running Illicit BTC Kiosks The bitcoin kiosks working under Taylor are believed to have...