Cryptocurrencies


Cryptocurrency Ends the Week in a Slump
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Author: Michael Stern

To say the least, Friday capped what was an up-again, down-gain week for crypto. After China took a second swipe at Bitcoin in less than three days, traders were aggressively selling. At the end of the day, Bitcoin fell by 12 percent, Ethereum by 20 percent, and Dogecoin by 18 percent. The drop in the […]

26 May 2021
New York State Proposing a Ban on Bitcoin Mining
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Author: Maria Andretti

New York State Senators Kevin Parker and Rachel May have introduced a bill calling for a three-year moratorium on Bitcoin mining. The objective of the bill is to allow for an environmental assessment designed to determine greenhouse gas emissions, and the effect such emissions have on wildlife in the state. The bill is currently being […]

14 May 2021
Turkey Bans Cryptocurrencies, Investors Are Losing a Fortune
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Author: Jeffrey Taylor

Turkey is in the midst of a crisis. Not unlike problems facing other emerging economies, Turkey is seeing out of hand inflation, a rapidly falling demand for its debt, and a high rate of unemployment. Two weeks ago, what had been speculation and rumor came to an end when plans were revealed to ban digital […]

3 May 2021
Ether Is Robbing Bitcoin of the Limelight
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Author: Michael Stern

Late last week, Ether hit an all-time high. On the other hand, the longtime dominance of Bitcoin waned. Based on market value, Ether is the second-largest digital currency. Thursday morning saw it hit a new record price of $2,800, this according to data provided by Coin Metrics. Bitcoin, the number one digital currency slid slightly […]

3 May 2021
Why Did Crypto Crash Over the Weekend?
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Author: Michael Stern

It was only a matter of time before the market crashed, and it finally happened. The bull run that preceded it resulted in several coins being overvalued, although that’s not actually what caused the market to crash over the weekend.  The cryptocurrency market dipped dramatically after Bitcoin shed over 10% in the space of a […]

20 Apr 2021
Visa Moves to Allow Payment Settlements Through Cryptocurrency Blockchains
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Author: Jeffrey Taylor

One of the biggest issues that crypto has faced while moving into the mainstream is adaptation. Despite how technologically promising coins like Bitcoin and Ethereum are, there is hesitance from corporations to start taking advantage of them.  We’ve begun to see a shift in that stance, starting with Elon Musk and TESLA moving some of […]

8 Apr 2021
Yet Again, All the News Outlets Got Cryptocurrency Wrong
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Author: Michael Stern

If you’ve read the news recently, then you’ve probably heard that the next crypto doomsday was meant to come. There have been countless articles and experts predicting a price correction, but it has yet to come.  Despite constant claims that the industry was meant to be in for a shock, Bitcoin, as well as almost […]

27 Mar 2021
India Sets to Ban Crypto While Developing a State Endorsed Coin
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Author: Michael Stern

Cryptocurrency has split the world’s powers straight down the middle, and rightfully so. For the first time in modern history, people have a financial alternative to government-backed banks.  Crypto takes the financial monopoly away from authorities, so when those authorities make moves to ban it, it’s going to cause an uproar.  That’s exactly what’s happening […]

17 Mar 2021
Heavy Resistance as Bitcoin Drops Below $47,000
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Author: Michael Stern

The crypto bears have been out in full force over these last two days. Following a period of remarkable support, those levels seem to have finally broken as Bitcoin plummets to below $47,000 in value. This is the first time this month that the currency has been below $50,000 and may be setting a precedent […]

5 Mar 2021