The region of Calgary, Canada is doing all it can to attract cryptocurrency businesses. Calgary Tries to Rebrand Itself as a Crypto Haven Crypto is often known as the “Wild West” of the financial world, and to be fair, regions like Canada – given its history with Quadriga CX and similar ventures – doesn’t have the best track record when it comes to digital currency ventures. Thus, it looks like the country is trying to reshape its reputation and bring its ever-growing...
Read More »Warren Buffett Protege Joel Greenblatt Doesn’t Understand BTC
It looks like Warren Buffett has gotten to another class-A investor about bitcoin. To be fair, the person in question – Joel Greenblatt – is a “student” of Buffett that has been molded by the veteran real estate mogul, but it’s always disappointing when someone is so against bitcoin and crypto. Joel Greenblatt Doesn’t Think BTC Has Value Joel Greenblatt said in a recent interview that he has never bought bitcoin. He does not own any units of the world’s number one...
Read More »Opinion: Is the Biden Crypto Executive Order All It’s Cracked Up to Be?
Joe Biden – despite being a perpetual screw up since his first day in the White House (or the White House studio set) – has managed to grease the wheels somewhat with crypto analysts and traders in the United States after he issued an executive order a few weeks ago calling for American government agencies and officials to look at regulating crypto and analyzing its risks. Joe Biden Is Still Getting Things Wrong The executive order also opened the door to a digital...
Read More »Bitcoin Cash Analysis: Bulls Struggle Below $400
Bitcoin cash price started a fresh increase from the $320 support against the US Dollar. The price is now trading above the $360 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $362 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $350 support zone. Bitcoin cash price is showing positive signs above $360 against the US...
Read More »Sail GP and Blockchain Firm NEAR Join Hands to Release New NFT Line
Global league Sail GP, founded by software tycoon Larry Ellison, is on the verge of having an entire team that’s owned and operated by crypto fans. The group is set to begin its fourth season in the latter half of 2023, and things look like they’re about to change up dramatically. Sail GP Is Bringing Crypto to the Forefront Sail GP has joined hands with blockchain development firm NEAR to allow crypto enthusiasts to engage with both their favorite athletes and teams in a...
Read More »Rio de Janeiro Permits BTC Payments for Real Estate Taxes
If you’re a bitcoin lover and you own real estate in the city of Rio de Janeiro, Brazil, there’s a good chance you’re feeling pretty lucky right about now. The city government has announced that those who own real estate in Rio de Janeiro can pay their real estate taxes with bitcoin and other forms of crypto. Rio de Janeiro Is Pushing Crypto Forward The move is proof, once again, that Latin America and crypto appear to go hand in hand. Several countries in that neck of...
Read More »Bitcoin Almost Reaches $50K
The price of bitcoin has jumped to its highest point this year and is currently trading for more than $47,000 per unit. The currency is beginning to show signs of life once again as the asset has surged by nearly $3,000 in just the past day. Bitcoin Is Beginning to Explode Again Bitcoin has had a rocky start to 2022. The world’s number one digital currency by market cap spent the first three months of the year meandering between the mid-$30,000 and the low $40,000 ranges...
Read More »EOS Price Analysis: Rally Could Extend Above $3.20
EOS price started a fresh increase from the $2.20 zone against the US Dollar. The price is now trading above $2.80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $3.02 resistance zone. EOS price is showing positive signs above $2.80 against the US Dollar, similar to bitcoin. The price could...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Rally Above $135
Litecoin is eyeing an upside break above the $135 resistance against the US Dollar. LTC price is now trading above $122 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $135 resistance zone. Litecoin price is gaining pace above $125 against the US Dollar, similar to bitcoin. LTC...
Read More »ExxonMobil Is Getting Involved in Crypto Mining
ExxonMobil – one of the biggest gas and diesel providers in the United States – is taking a page out of the ConocoPhillips book and is looking to mine bitcoin in North Dakota. ExxonMobil Seeks to Use Natural Gas to Mine BTC This is a testament to how big crypto mining has become in America. Not long ago, ConocoPhillips – a major provider of gas and oil – announced that it would be selling excess energy to mine the world’s number one digital currency by market cap. Now,...
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