It appears First Lady Melania Trump likes bitcoin. She was just one of several people over the past day or so to congratulate the world’s number one digital currency on its 13-year anniversary. Melania Trump Is the Newest “Face” of Crypto Melania put out the following tweet: It is widely reported that bitcoin’s market cap exceeds USD $1 trillion. Today marks the 13th anniversary of the bitcoin genesis block. Happy anniversary, #SatoshiNakamoto, #MelaniaNFT. The First...
Read More »Kosovo Says “No” to Crypto Mining, Follows in China’s Footsteps
The European nation of Kosovo has banned all bitcoin and crypto mining as a means of saving electricity. The country is currently facing one of the worst energy crises it’s ever experienced, and it’s allegedly due to production outages. Kosovo Becomes the Next Country to Ban BTC Mining Artane Rizvanolli – the economy and energy minister – explained in a statement: All law enforcement agencies will stop the production of this activity in cooperation with other relevant...
Read More »Matt Hougan: The Government Won’t Harm Bitcoin
Matt Hougan – the CIO of Bitwise Asset Management – has stated in an interview that the U.S. government is likely seeing bitcoin as a threat to the dollar, which may be why they’re so eager to regulate it and get in the way of its potential success. Matt Hougan On BTC: It’s Not Going Anywhere However, Hougan was quick to say that the U.S. has no choice but to “play along” when it comes to bitcoin, and that the currency’s size and scope really gives them no choice. The...
Read More »Cantaloupe Survey: Many People Want to Use BTC for Purchases
Per a new survey conducted by Cantaloupe, more than a third of users between the ages of 18 and 54 own cryptocurrency. However, this isn’t the big clincher. The good news is that approximately 67 percent of those taking part in the study said that they are willing and able to use their digital currency for purchases if their money is linked to a mobile wallet. Another 19 percent said they would consider using crypto for payments if they could do so through a mobile...
Read More »Thomas Peterffy Has Become a BTC Fan in Just 5 Years
Thomas Peterffy was once a bitcoin skeptic. Now, he has changed his mind, suggesting the cryptocurrency has come much farther than he – and several others – ever could have imagined. Thomas Peterffy Seems to Like BTC Bitcoin began its financial journey about 13 or 14 years ago. The asset was first brought to our attention through a 2008 whitepaper and the currency was first mined in early 2009. Since then, while it had something of a slow start, the currency has risen in...
Read More »Abu Dhabi Wants to Be the World’s Biggest BTC Haven
Abu Dhabi – the capital of the United Arab Emirates (UAE) – has stated that it is looking to become one of the biggest crypto hubs in the world. The region is looking to reduce its reliance on standard gas and oil while boosting its investments in the crypto space. Abu Dhabi and Crypto… A Solid Match? The UAE was one of the first nations to establish regulation for the growing crypto space, having done so in 2018. Since then, many new digital currency trading platforms...
Read More »EOS Price Analysis: Bears In Control Below $3
EOS price started a fresh decline from the $3.30 zone against the US Dollar. The price is now trading below $3.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $3.10 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear break below the $2.75 support. EOS price is showing bearish signs below $3.00 against the US Dollar, similar to bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bearish Below $150
Litecoin price declined sharply below the $150 zone against the US Dollar. LTC price is now trading below $150 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $145 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $130 support. Litecoin price is gaining bearish momentum below $140 against the US Dollar, similar to bitcoin. LTC...
Read More »“Let’s Go Brandon” NASCAR Driver Accepts Crypto Endorsement Deal
Brandon Brown – a NASCAR driver that’s inspired the many “Let’s Go Brandon” chants heard at sports arenas and gatherings across the country for the past several months – is now being sponsored by a cryptocurrency established through the chant in what has become a unique (and amusing) circle. Brandon Brown Steps Into the Crypto Circle “Let’s Go Brandon” has been a trend for months now and is designed to hide what speakers are really saying, which is “F*ck Joe Biden.” The...
Read More »FTX Is Entering the World of Womens’ Sports with New Crypto Deals
The worlds of sports and crypto are now only separated by a very thin, blurry line. Both arenas are finding more ways to become connected, with the most recent example coming in the form of the Alabama women’s softball team and its new partnership with popular cryptocurrency exchange FTX. FTX Is Blurring the Line Between Sports and Crypto The trading platform has recently announced a new NIL offer that was made to the team. This is the second partnership of this kind to...
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