Bitcoin

According to news gathered by a crypto news site—Reuters, Bitcoin has tumbled about 9%, dragging other smaller tokens along with it. This was due to the announcement from health professionals, saying a potential vaccine-resistant variant of coronavirus has been discovered. The news led to panic among investors, causing them to dump riskier assets for those […]

The long-awaited Bitcoin upgrade became a reality at exactly 5:15 UCT(00:15 EST) on Sunday, 14th November. The upgrade–taproot activated at block 709, 632, providing access to developers to add new features for privacy, scalability, and security improvement on the network.  The lock-in for the upgrade happened in June when more than 90% of miners decided […]

With the trend of Bitcoin and the attitude of investors, it looks as if Bitcoin is used as an investment against the rising price of goods and services- inflation. The Bitcoin whales aren’t making things better as they continue to buy, increasing the price as panic can no longer be contained. This bolsters the case […]

The ever-popular Bitcoin continues to tumble. This is linked by the touch talk by China authorities on prosecuting those who are caught trading Bitcoin.  The price of Bitcoin fell by about 5% to the current value of $42,496, according to the report given by Coin Metrics. Also, Ether, the second-largest crypto, dropped by 7% to […]

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 […]

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 […]

For the first time since June 16th, Bitcoin traded for a record high at $39,000; not only is this a sign of good days in the crypto world, its sixth consecutive day in the green leaves most crypto analysts with nothing but positive predictions for the numero uno of cryptocurrencies. The price of Bitcoin has […]

On Wednesday, a Republican senator, Chuck Grassley, called out Bitcoin for supporting crime with its anonymous exchange mechanism. He backed his claim using some ‘distorted estimates’ to run down the bitcoin image Uphill. Cryptocurrency has been facing several battles in breaking the seedier assumptions of its Silk Road past. Senator Chuck had called for a […]

Longtime crypto bull and strategist Meltem Demirors told CNBC on Tuesday that Bitcoin is weeding out weaker investors. The shake-off comes after Bitcoin experienced a contraction.  Demirors who is the Chief Strategist Officer at CoinShares made the statement following a turbulent period for Bitcoin. The turbulent ride began with a great dip before it bounced […]