News


Bitcoin Mining Generates More Electronic Wastes Than European Country
Avatar

Author: Maria Andretti

A new study included in the December 2021 edition of Resources, Conservation and Recycling, a journal curating the waste reduction pursuits of our world, states that Bitcoin mining generates more than 30,700 tonnes of electronic waste annually. According to the researchers, each Bitcoin transaction generates over 9.5oz of waste which is over 50% more than […]

26 Sep 2021
Traders In Nigeria Verges into Innovative Bypass of Country’s Crypto Ban
Avatar

Author: Jeffrey Taylor

On Thursday, the Nigeria-based cryptocurrency platform, Luno, announced that it has approved a solution to enable Nigerians to withdraw and deposit crypto and tokens into their bank accounts directly. This is positive news considering the fact that the country’s crypto activities were almost entirely halted by a national ban on the use of crypto in […]

21 Sep 2021
Mayor Raises Funds to Give Free Bitcoin to Residents of His City
Avatar

Author: Michael Stern

Residents of Cool Valley will forever remember their current mayor if he gets to pull the funds for his proposed gift of $1000 worth of Bitcoin. His idea is for his residents to keep the coins till the value is about $500,000 per coin, so they don’t ‘regret’ selling. Cool Valley is a small city […]

26 Aug 2021
There is Increasing Support For The Fed to Announce Tapering Bonds For September Purchases.
Avatar

Author: Maria Andretti

The recent frequent shifts in economic data created opportunities for the Federal Reserve to announce the decision to taper assets purchase in September. This will further lead to a decrease in buying a month later.  Speaking with public officials has shown increasing support for a faster timeline than the timeline the markets have expected. Part […]

23 Aug 2021
Terra and Solana Hit All-Time Highs as Last Week’s Attack Takes No Toll on The Market.
Avatar

Author: Jeffrey Taylor

The prices for Solana and Terra SOL and LUNA tokens have gotten to an all-time high as the capitalization for the two cryptos reached $2 trillion since May. The price increase is significant since the token prices represent two projects built for the decentralized finance sectors DeFi – indicating that investors were confident about the […]

22 Aug 2021
Despite consumer sentiment index letdown, stocks eke out a record close.
Avatar

Author: Maria Andretti

There was a slight change to Stocks on Friday afternoon as the prices were set to increase, narrowly surpassing their record high; investors tried to understand the large economic data from the earning results. The S&P 500 and Dow were among those that set the intraday highs from Thursday’s record, which made it post profits […]

19 Aug 2021
Crypto Thief is Sentenced to 8 Years in Prison as the U.S Senate Passes a Bill for Crypto Tax.
Avatar

Author: Jeffrey Taylor

This week, a 27-year-old man Afek Zard got an 8-year sentence at the Beer Sheva district court for crypto theft, Israeli news reported. The culprit stole about 75,000 DASH, which is estimated to be 22 million Israeli shekels at the time it was stolen. But the current value of the coin is almost twice as […]

15 Aug 2021
Job Opening Surges Surpass 10 Million For The First Time, But New Coronavirus Scare Dampens Celebration.
Avatar

Author: Maria Andretti

The U.S economy has received an all-time high job opening; reaching 10 million openings in June. This is the update from the Labor Department on Monday. This number is the highest record since the recent recovery from the coronavirus shutdown in August 2020. The month of May had a record of 9.2 million openings, but […]

12 Aug 2021
Binance US CEO Calls It Quits as Binance GameFi Reaches 10 Million Daily Transactions
Avatar

Author: Jeffrey Taylor

Just after four months of being in charge of the Binance US platform, Brian Brooks calls it quits sending a shock wave to the world largest crypto exchange. Many thought his Twitter account had been hacked when he tweeted his resignation on Friday, but he confirmed in a mail to CoinDesk that his account was […]

10 Aug 2021