A report into Bitcoin mining has determined that Bitcoin is not the environmental disaster it is often painted as in the media. It turns out that the sophisticated computer units securing the network are mostly being powered by clean, renewable energy. The revelation comes at the same time that Bitcoin hash rate is close to…
Think back to the peak of they 2017 hype bubble and recall the dismay of investors who either missed out on buying Bitcoin cheaper, or regretted not buying more of the then skyrocketing crypto asset. Then the bubble burst, the price of Bitcoin crashed well over 80%, giving crypto investors the chance they had hoped…
According to Google Trends, the term “Bitcoin” one of the most popular right now on the planet’s leading search engine. In fact, it’s currently outperforming some of the most consistently popular search terms of the last few years. Interestingly, the web analysis tools also shines some light into internet users’ preferred nomenclature. It appears most…
To most in the cryptocurrency community, Bitcoin (BTC) is a paradigm-shifting asset with unlimited potential. But to Warren Buffett, one of the world’s most well-respected investors, it is something with little-to-zero intrinsic value, and resembles “rat poison” more than it does shares in his favorite companies: Coca-Cola, Dairy Queen, or GEICO. Since Buffett and his…
Since the start of April 2019, there have been many changes occurring across the crypto market as Bitcoin surges once again. The bearish sentiment of the year prior turned into disbelief and soon after, into hope that another bull run has started to emerge out of the depths of the bear market lows. As the…
Bitcoin (BTC) and the entire crypto markets have been facing some levels of instability as the markets experience a bout of sideways trading after losing the upwards momentum that they have incurred over the past several weeks. Although Bitcoin’s recent drop into the $7,000 region appeared to have put its bullish momentum in jeopardy, analysts…
One of the largest names in European football has just announced a partnership that will allow it to sell tickets and merchandise for cryptocurrency. Lisbon-based Benfica will be working with the crypto asset payment processor Utrust. Whilst there have been other examples of football clubs welcoming digital currencies in some capacity in recent years, none…
In 2017, the explosion of initial coin offerings (ICOs) – a new fundraising method where startups could issue tokens in exchange for early capital they otherwise wouldn’t have access to – helped fuel the crypto mania alongside Bitcoin’s meteoric rise. The new opportunity for crowdfunding rewarded investors who were able to get in on the…
BTC down 11.5 percent Samsung, Facebook and now, Apple finding opportunity in crypto Apple plans to upgrade and release a new cryptographic developer tool replacing its superb CommonCrypto. All in all, it is a favorable decision following the steps of Samsung. At the time of writing, Bitcoin is stable and struggling against determined sellers. Bitcoin…
Just as fast as Bitcoin (BTC) began to rally, the crypto market has begun to falter. In the past week, the leading cryptocurrency has lost approximately 15% since its local peak — $9,100 — as altcoins have posted similar losses. Since Tuesday’s drop, however, the selling pressure has widely subsided, with Bitcoin finding a semblance…