The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks. On Friday, CNBC posted an interview with …
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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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Bitcoin Whales Depositing BTC to Exchanges, More Short-Term Downside Action Inbound?
It’s been a tumultuous couple of days in the cryptocurrency market following the latest declines. According to a reputable analyst, however, the short-term downside might not be over, though other …
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XRP Is Greener Than Bitcoin: CNN’s Julia Chatterley Corners BTC Influencer
On Thursday, prominent entrepreneur, investor and Bitcoin influencer Anthony Pompliano (aka Pomp) went on CNN to discuss Elon Musk’s sudden move to quit selling Tesla cars for Bitcoin. Host Julia Chatterley assumed …
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Cardano, Dogecoin, Ethereum Classic Will Benefit From This Happening To Bitcoin
DOGE’s altseason might have come to an end a few days ago on the back of Elon Musk’s lukewarm SNL appearance, but other alts such as Ethereum, Cardano, and Ethereum …
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Square is not planning new Bitcoin purchases, saying carbon footprint needs to be addressed
Amrita Ahuja, the chief investment officer of payment company Square, recently told Financial News that there were no plans to buy more Bitcoin: We don’t have any plans at this point to …
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MicroStrategy Not Fazed by Musk’s $300 Billion Crypto Market Crash – Continues To Spend Millions On BTC
Bitcoin’s status as a viable asset hasn’t withered even as the market takes a hit from Elon Musk suspending Bitcoin payment for Tesla cars. In fact, it seems that shrewd entities …
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Why Bitcoin (BTC) is the solution to the ‘Powell problem’
Legendary investor Stanley Druckenmiller gave an interview to CNBC’s Squawk Box strengthening the theory of Bitcoin as a store of value. Druckenmiller talked about the possibility of the U.S. dollar losing its …
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Palantir accepts bitcoins for payments and is considering adding BTC to balance
Software & analytics company Palantir has announced that they will be accepting Bitcoin as a payment method. Palantir will also consider purchasing Bitcoin or other cryptocurrencies to store on their …
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EU Country To Reduce Cryptocurrency Tax By 50% To Attract “Billions” To Its Budget
Hungary’s economy minister Mihály Varga announced Tuesday that the tax on cryptocurrency earnings would be slashed to 15 percent in 2022, which is roughly half of the current rate of 30.5 percent. The move is expected to attract billions of Hungarian forints to the …
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