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Bitcoin

Central Bank Of Indonesia Intends To Use Its CBDC To Fight Private Cryptocurrencies

Kavon Hyatt | December 25, 2021 | Leave a comment
The central bank of Indonesia contemplates introducing a CBDC being a financial instrument to confront private cryptocurrencies. The financial organizations of the country consider that an incredible competition would be provided by a CBDC to the altcoins as well...
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Bitcoin and Ethereum to Face Major Corrections Since May 19

Brian Oldham | December 25, 2021 | Leave a comment
It has been an ongoing show since 19 May 2021 that the crypto market is slowly destabilizing, and volatility is getting stronger every passing day. A few weeks earlier, Bitcoin was behaving all weird, falling down the $55K resistance...
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US Senator has Questioned the Environmental Footprint of Bitcoin Miner Greenidge

Brian Oldham | December 24, 2021 | Leave a comment
Senator Elizabeth Warren has written to the CEO of Greenidge generation holding, inquiring about the excessive impact that their Bitcoin mining operation has imparted to the environment. This mining facility is currently operating in upstate New York and at...
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Vladimir Putin Believes Cryptocurrencies are “Highly Risky”

Brian Oldham | December 22, 2021 | Leave a comment
Cryptocurrencies represent a risk in terms of Putin’s opinion despite the fact that many people wow at the revelation of how significant these are. It is also unclear whether or not if decentralization represents the future of finance just...
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Bank Of Canda Believes Crypto Is Not A Major Risk To the Economy

Kavon Hyatt | December 21, 2021 | Leave a comment
The Bank of Canada considers that cryptos do not present any massive systemic risk to the country’s economy due to their functioning on the margins of the financial system. In contrast to the neighbors thereof, The United States perceives...
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Australian Tax Office States It Cannot Depend On Cryptocurrency Investors Own Records

Kavon Hyatt | December 21, 2021 | Leave a comment
The ATO (Australian Tax Office) states it cannot depend on the crypto investors in the matter of keeping track of their crypto transactions as well as profits, although the majority of investors are trying their best. Chris Jordan (the...
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Meta Modifies Advertisement Policy to Allow more Crypto Ads

Brian Oldham | December 21, 2021 | Leave a comment
Facebook made international headlines this year when the company decided to rebrand itself to a new title Meta. The word Meta is an illusion to the association of the social media platform with the Metaverse. It is a concept...
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Jack Dorsey Wants to Make Bitcoin his New Business Venture after Retiring from Twitter

Brian Oldham | December 17, 2021 | Leave a comment
Jack Dorsey has finally decided to step down as the CEO of Twitter, and the decision has been made official. Before that, it was merely a rumor without any solid proof, but now a full official statement is out...
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US Authorities Intend To Sell Crypto Worth $56M To Compensate Victims Of BitConnect Scam

Kavon Hyatt | December 16, 2021 | Leave a comment
The Department of Justice of the United States is looking to sell off the 56 million USD worth of crypto seized after the BitConnect scam. This came out in a press release from the Department of Justice where it...
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Senator Lummis Asks Hillary Clinton To Use Bitcoin For Stabilizing USD

Kavon Hyatt | December 16, 2021 | Leave a comment
A Bitcoin (BTC) devoted Republican Senator for the state of Wyoming, Cynthia Lummis, has answered Hillary Clinton for warning against cryptocurrencies by suggesting the adoption of BTC as a large-scale economic solution. She asserted that it has the potential...
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