Tag Archives: News

Winemakers in upstate New York are not happy that they’re having to share land with bitcoin and cryptocurrency miners. New York Is Seeing Its Winemakers at Odds with Crypto Miners The state of New York features what are known as the Finger Lakes, a series of thin bodies of water in its upstate region. This area has become popular amongst winemakers given the clean air and wholesomeness of the dirt. The Finger Lakes is fantastic for those looking to grow grapes and create...

Crypto miners in Texas must get approval from ERCOT to connect their rigs to the state’s power grid. Texas Requires New Permissions Before Crypto Can Be Mined It has come to the attention of the crypto world that Texas has become the place to be if one wants to set up a crypto mining business. The state provides vast open spaces and low electricity rates, and it appears many miners have moved their operations to the state to take advantage of Texas’ offerings. The state...

The Tennessee Titans football team made history a few days ago when it announced it would be accepting bitcoin as a method of payment for tickets and other items, making it the first football team to say “yes” to crypto in this way. Titans Say “Yes” to Crypto Digital currencies like bitcoin were initially designed to serve as payment tools that could potentially shove fiat currencies, checks, and credit and debit cards to the side. However, this has been a slow journey...

Mexican billionaire Ricardo Salinas Pliego says that bitcoin is the best tool to have if you’re an investor. He took part recently in the Miami Bitcoin Conference and explained that roughly 60 percent of his portfolio is made up of bitcoin, while the rest is composed of hardcore stocks tied to oil, gas, and gold mining companies. Ricardo Salinas Pliego Thinks Bitcoin Is the Best Investment Tool He also went off on bonds, claiming they were a joke and not likely to do...

Peter Thiel – a legendary billionaire investor and the co-founder of PayPal and Palantir Technologies – explained in a recent interview that too many companies have gone “woke,” and are thus at risk of being controlled by the government. However, he doesn’t see bitcoin taking this route. Peter Thiel Is Confident in the Future of BTC In his discussion, Thiel also went off on Warren Buffett, calling him an enemy of bitcoin. He said plenty of other unpleasant things about...

The Miami Bitcoin Conference is underway, and several sports stars have flooded the arena to share their love of bitcoin and talk about how the world’s number one digital currency by market cap is going to make serious waves in the payment world. Among the sports players to make their bitcoin support known was Aaron Rodgers of the Green Bay Packers, legendary tennis player Serena Williams, and Odell Beckham Jr. Aaron Rodgers and Other Sports Legends Talk BTC Rodgers was...

Solana price started a fresh decline from the $120 resistance against the US Dollar. The price is now trading below $110.00 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle forming with support near $124 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $108 to start a decent recovery wave in the near term. Solano price is struggling to stay above $100 against the US Dollar, similar to...

Bitcoin price started a major decline from the $45,000 zone against the US Dollar. The price is now trading below $42,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $40,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below $40,000 and $39,500. Bitcoin price is struggling below the $41,000 resistance against the US Dollar. BTC...

Fighters in the Ultimate Fighting Championship (UFC) will soon be eligible for digital currency-based bonuses thanks to the enterprise’s partnership with Crypto.com. Crypto.com and the UFC Work to Bring Crypto to Popular Fighters The fighting organization and the digital currency exchange are working together to unveil a new string of crypto bonuses that will be paid to the most popular or successful fighters as chosen by event watchers. Known as the “fan bonus” system,...

Following the death of Libra and what appeared to be a long-term crypto dream, Facebook – now known as Meta – is making another stab at crypto innovation with something called Zuck Bucks, the name of its latest form of digital currency. Will Zuck Bucks Help Facebook Make Money? Taking its label from the surname of Mark Zuckerberg, the billionaire behind Facebook’s creation, Zuck Bucks would be a centralized form of digital currency in that it would be directly controlled...