Tag Archives: News

The debacle in Afghanistan continues, and the incompetence of Joe Biden and his cronies in the U.S. is becoming more evident than ever. Figures like Muhammad Ali sought to bring a whole new level of crypto-based innovation to the country before the Taliban took over. Now, Ali finds himself not a crypto-based business developer, but a fugitive on the run. Muhammad Ali Cannot Engage in BTC Activity in Afghanistan In a recent interview, Ali claimed that he was fleeing...

Leading software firm MicroStrategy has purchased another $177 million in digital currency and bitcoin. This brings the company’s total investment to a whopping $5.3 billion at the time of writing, making it the biggest institutional holder and supporter of BTC over the past year. MicroStrategy Now Holds More than $5 Billion in BTC MicroStrategy initially began investing in bitcoin about a year ago in August of 2020. Since then, it began a series of purchases that...

A new politician running for office in Illinois is accepting cryptocurrency donations for her campaign. Holly Kim, a registered democrat, is running for another term as Lake County Treasurer, and is officially the first politician in the state to say “yes” to bitcoin and various altcoins to boost her campaign. Holly Kim Loves Her Crypto The process began when a supporter gifted her with three dollars in Litecoin. The supporter also said that they would be sending more...

Florida has gained access to another cryptocurrency exchange today through Blockchain.com, making this the third official exchange Floridians can utilize for trading, buying, and selling digital assets. Florida Citizens Are Now Permitted to Trade Through Blockchain.com Valued at approximately $5 billion at the time of writing, Blockchain.com is based in London but is looking to hire dozens of people in Miami, a city known as a growing tech hub and crypto base. Thus far,...

El Salvador was serious when it said it was making bitcoin a legal currency within its borders, and anyone who didn’t believe the nation’s regulators are likely getting a good kick in the pants right about now. El Salvador Is Moving Up the Crypto Ladder The Central American country has begun rolling out bitcoin ATMs to begin allowing individuals to trade their crypto for fiat and vice versa. Thus far, about 200 separate machines have been installed. The country is still...

Jack Dorsey has proven himself to be a major bitcoin fan over the years. Now, he is taking that fandom to a whole new level. Jack Dorsey Is “Trying” Mining The man behind both Twitter – one of the largest social media platforms in the world – and Square, a digital payments platform, announced that he is trying his hand at bitcoin mining. This shouldn’t come as a surprise to anyone who has been monitoring Dorsey’s bitcoin career, as the man was one of the first...

The strange and crazy circumstances surrounding the recent hacking of the Poly Network have reached an odd, yet definitive conclusion. The Poly Network Is Rich Again! Not long ago, the Poly Network – which hosts several blockchains including those of Ethereum, Binance and of course, Poly – stated that it was the victim of a hack that saw more than $610 million in digital funds practically vanish overnight. The company halted all withdrawals and deposits and said in a...

Bitcoin cash price started a fresh decline from the $700 resistance against the US Dollar. The price is now trading below the $650 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate lower if it breaks the $600 and $580 support levels. Bitcoin cash price is moving lower below $625 against the US Dollar,...

Substack – a content platform backed by Andreessen Horowitz – will allow users to access VIP content in the future granted they pay with cryptocurrency. The content can be accessed utilizing the company’s new payment processor known as Open Node. Substack Is Pushing the Bitcoin Agenda Further This is a big deal in the sense that the firm is now pushing the initial goals of bitcoin and cryptocurrency closer to reality. The fact is that bitcoin and many of its altcoin...

Bitcoin and cryptocurrencies are surging as of late – so much so that the $2 trillion valuation barrier has once again been breached. Not long ago, bitcoin rose back up over the $50,000 mark, and it looks like things are continuing in this bullish train, though BTC has fallen back a bit by about $2,000 at the time of writing. Bitcoin Could Find a New Enemy in Quantum Many technologists are now claiming that the bitcoin software needs to be updated. They warn that if this...