According to the Bloomberg Terminal, the head of the Russian Central Bank, Elvira Nabiullina, has stated that digital ruble trials will begin in 2022. Previously, the country’s central bank voiced its plans …
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Bitcoin Miners Cease Operations In China After Vice Premier’s Comments
Chinese Bitcoin miners are scrambling to shift or shut operations after the latest round of ‘crypto FUD’ initiated by the government, a report on news outlet Reuters said today. Crypto exchange Huobi suspended all …
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Illinois Will Create Law Favorable For Bitcoin By Issuing Digital Asset Charter
Illinois will soon become the 3rd state in the U.S. to pass legislation that would favor Bitcoin with a new digital asset charter, which will be granted to a special purpose …
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Crypto Miners In Iran To Get Rooted Out By Government Spies
Iran’s Ministry of Intelligence has established committees around the country to locate and seize farms that are mining cryptocurrencies without a license. Iran has been an appealing place for crypto miners because …
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Bitcoin (BTC) To Reclaim $40,000 After Record-Breaking Crash
However, it has bounced back considerably, creating a long lower wick with a magnitude of 22%. BTC decreased significantly yesterday, reaching a low of $30,000. This validated the $30,000 area …
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MicroStrategy To Buy The Dip, Acquires $10M In Bitcoin (BTC)
Business intelligence firm MicroStrategy has scooped up another $10 million worth of Bitcoin (BTC), signaling the company’s relentless conviction in the digital asset amid the latest price collapse. The cash …
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MicroStrategy To Announce Another Major Bitcoin (BTC) Purchase
According to its May 18 SEC filing, the business intelligence company has purchased yet another $10 million worth of Bitcoin at an average price of $43,663 per coin. It currently holds 92,079 …
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Elon Musk explains that Tesla did not sell a single bitcoin: BTC spikes $2,500
After several controversial Twitter comments on bitcoin and Tesla, the electric vehicle giant’s CEO clarified that the firm still holds all of its coins. As a result, the price of …
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The banking system consumes twice as much energy as bitcoin
Amid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network. Michael Novogratz’s cryptocurrency firm …
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BlackRock CIO Says Bitcoin Is Durable And Will Be Part Of The Investment Arena For Years To Go
The chief investment officer of the biggest asset management firm in the world is calling Bitcoin an asset with staying power. Rick Rieder, CIO of global fixed income and head …
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