Category Bitcoin

Environmentalists are Enraged by a Bitcoin Mining Facility

Environmentalists are enraged by a bitcoin mining power facility. Finding enough inexpensive electricity to run the massive, power-hungry computer arrays that create and transmit. Bitcoin is a challenge for large-scale bitcoin mining. Environmentalists are enraged about an innovative solution devised…

Bitcoin and Ethereum Prepare for a Big October Surprise

Bitcoin and Ethereum

Bitcoin and Ethereum prepare for a massive October surprise after the crypto market price suddenly surged. After a disastrous September, bitcoin and cryptocurrency prices have soared in October. The bitcoin price has reached $50,000 per bitcoin for the first time…

Bitcoin Mining: US Currently Beats China

After Beijing’s crypto crackdown in September, the US became the largest site for bitcoin mining, according to data released last week by the Cambridge Centre for Alternative Finance. Two years ago, China accounted for 75% of total bitcoin hashrate, while…

Cryptocurrencies Have Risen so Much

Cryptocurrencies have risen so much in value over the last year of the COVID-induced market craze. Bitcoin has increased by around fivefold, while many other crypto projects have increased by substantially more. Even hesitant Wall Street banks have begun to dabble…

Chinese Investors Heading the Crypto-Wild West

Chinese investors are heading to the ‘crypto-wild west.’ Following Beijing’s ban on bitcoin investment, decentralized finance is gaining traction in China. As part of China’s anti-cryptocurrency effort, bitcoin mining activities were shut down in May. This has coincided with the…

Mortgage Lender Abandons Bitcoin Payment Plan

Homebuyers in the United States appear uninterested in paying their mortgage with cryptocurrencies such as bitcoin. United Wholesale Mortgage, which went public in January following a special purpose acquisition (SPAC) merger, began testing cryptocurrency payments in August, a first for…

How Crypto is Impacting the Market Today?

Cryptocurrencies are based on a technology known as blockchain. Cryptocurrencies are electronic tokens that could be used to buy and sell goods and services over the internet. Blockchain is a distributed, unchangeable ledger. And these makes recording transactions and managing…

Boosted by a New High, The Bitcoin Bull

After boosted by new high, bitcoin bulls are aiming for the moon. There’s elation, euphoria, and then there’s the unbridled rapture that descends on Bitcoin’s intrepid bulls. When the cryptocurrency reaches a new high. Bitcoin was trading at around $64,650…

Crypto Oversight: Does the White House Want It?

According to persons familiar with the situation, the Biden administration is considering issuing an executive order on cryptocurrencies. As part of an effort to establish a government-wide approach to the hot asset class. Federal agencies would be require to examine…

Crypto Wallets for Robinhood as Bitcoin Increases

A new feature in Robinhood’s crypto expansion allows traders more control over digital assets. Crypto wallets will be tested with select clients next month, the newly public brokerage stated Wednesday. They can trade, give and receive digital currency as well…