JP Morgan, one of the largest banks in the world, is concerned about the future of Bitcoin miners. This is because the reward was halved after the halving, from 6.25 to 3.125 BTC per block. According to JP Morgan analysts, the average cost of producing 1 bitcoin is around $45,000. At the time of writing, […]
Tag: bitcoin
Joe Biden doesn’t even know what cryptocurrencies are, says Donald Trump
During the presidential campaign Donald Trump answered questions about cryptocurrencies and took advantage of the topic to mock his main competitor, Joe Biden, the current US President. Although he was once a strong critic of Bitcoin and even claimed it was a scam, Trump recently changed his position. In addition to launching several collections of […]
Another Bitcoin wallet leaves the US citing regulatory pressure
Yet another Bitcoin wallet with privacy features has decided to leave the United States. The current project is Wasabi walletleaving Americans without access to all their services. According to an announcement published on the wallet’s official website on Saturday evening (27), the ban applies to US citizens and residents. “If you are a U.S. citizen […]
China warns citizens mining cryptocurrencies in Angola
The Chinese Embassy has issued a warning to Chinese people living in Angola, reminding them that they could be arrested for mining cryptocurrencies in the African country. The statement comes days after Angola banned mining activities. According to the statement, miners could face a prison sentence of one to five years, in addition to the […]
Bitcoin whales go shopping before halving and could spark another rally
Bitcoin rose again this Friday (19), surpassing $65,000, after trading below $60,000 during the week. Data from IntoTheBlock shows that whales are behind this recovery with purchases of almost 20,000 bitcoins (R6.6 billion). In the same report, analysts state that these purchases often precede Bitcoin’s appreciation. In other words, it is possible that the market […]
BlackRock CEO says he is ‘impressed’ by Bitcoin
Larry FinkCEO of Black rockThe world’s largest asset manager with $10 trillion in assets under management said yes ‘impressed’ with the staggering growth of Bitcoin Exchange Traded Funds (ETFs). In a recent interview with Fox Business, the businessman revealed his optimism about the future of digital currencies, praising Bitcoin in every way possible. “I was […]
Photo of Sam Bankman-Fried in prison leaks and ex-con says he’s “not showering”
Sam Bankman-Fried, founder and former CEO of FTX, was once one of the richest people in the world, but today he is locked up in one of the worst prisons in the US. This Monday (19), journalist Tiffany Fong unveiled the first photo of the former billionaire in prison. This is the first and only […]
Uncontrollable fire engulfs largest Bitcoin mining company in Paraguay, newspaper says
An uncontrollable fire engulfed one building under construction of the company Flytec, located in the heart of Cidade do Leste, in Paraguay, more than four days ago, triggering a large-scale emergency operation that is still difficult to resolve. The fire, believed to have started from a short circuit on the 12th floor, quickly spread to […]
Hayes says Bitcoin will break a record in 2024 and talks about ‘points’, the new market trend
Arthur Hayesfounder of BitMex, believes Bitcoin will reach $70,000 later this year, breaking the 2021 price record. Speaking to Ran Neuner, of the Crypto Banter channel, Hayes also talked about the next big story in the cryptocurrency market. On Bitcoin, Hayes still remains focused on the failure of US banks. According to his thesis, the […]
Victim of human trafficking was forced to scam using cryptocurrencies
Dark stories of human trafficking and financial fraud are beginning to emerge from the shadows, revealing a disturbing reality that many cannot imagine. One such story is that of ‘John’, a Malaysian man whose job search led him to a nightmare. During an interview with CBC, the man told how he saw a job posting […]