Thu, November 28

Cathie Wood’s ARK Plummeted More Than 46% to $82.25

ARK has plummeted 46% to $82.45 at lunchtime on Jan. 10. Encompassing 18% of the portfolio was lost on Roku, Teladoc and Zoom. The Nasdaq has increased by at least 80 basis points since investors acquired ARK Innovation shares five years ago and had well over 250 percent gains. After

January 14, 2022 1 min read

VeChain (VET) Annually Emits 2.4% Carbon Associated With Single Bitcoin Mining

Blockchain technology from VeChain enables sustainability-focused targets. Each transaction on VeChainThor used around 0.000216KWh. Bitcoin’s stunning environmental effect has gotten a lot of attention recently. Although attempts are being made to lessen the cryptocurrency’s carbon footprint, some investors opt to leave the cryptocurrency in favor of greener alternatives. Significant technological

January 14, 2022 2 mins read

Jack Dorsey Led Block Inc Announces Building Open Bitcoin Mining

In order to verify transactions, Bitcoin uses a proof-of-work (PoW) architecture. Block is building a hardware and software team of engineers and designers. As the newly renamed company tries to grow outside its payment industry and into new technologies like blockchain, Block Inc CEO Jack Dorsey said in a tweet

January 14, 2022 1 min read

Former Tonga MP Hints at Adoption of Bitcoin (BTC) as Legal Tender By November

The House of Representatives will get the bill by September or October. Considering long-term savings, the concern is Bitcoin’s benefits in remittances. Former Tonga MP Lord Fusitu’a has stated that the country’s legal tender law for Bitcoin is “modeled on” and “almost identical” to El Salvador, which has enacted a

January 13, 2022 2 mins read

Crypto Startup Conned of $300K in Fresh Bitcoin Scam!

7.18 Bitcoin were exchanged for 23,166,023,166,023 RMTX. Mike Pazuki, CEO of RMTX, has been a victim of Bitcoin fraud. In tandem with the growth of the Bitcoin ecosystem, frauds related to Bitcoin have also increased in number. Scams using Bitcoin have cost several hundred thousand dollars to crypto-startups recently. Three

January 12, 2022 1 min read

Jack Dorsey Proposes Bitcoin Legal Defense Fund to Aid BTC Developers

The fund will cover the costs of independent legal advice, if necessary.  To begin, the fund will be run entirely by volunteers and part-time attorneys. Former Twitter CEO Jack Dorsey is assisting in developing a new fund that will aid in defence of Bitcoin developers in the event of legal

January 12, 2022 1 min read

Bitcoin Miners Accumulate Over 5000 BTC Per Day

Bitcoin mining has increased at its quickest pace since May 2021. The total number of Bitcoin reserves was 1.859 million on Monday. Bitcoin prices have shown signs of revival in the past two days after a terrible start to 2022. That’s because of the massive buildup of miners over the

January 12, 2022 1 min read

Morocco Becomes North Africa’s Leader for Bitcoin Trading

Morocco becomes North Africa’s leader for Bitcoin trading. The Egyptian pound is surging on the Moroccan Dirham for BTC trades.  Morocco will continue to lead the charge in North Africa. In 2021 the Kingdom of Morocco, found to be the leader for Bitcoin trading across North Africa despite it illegal

January 12, 2022 1 min read

NBA Star Klay Thompson Agrees to Receive Part of Salary in Bitcoin (BTC)

Thompson returned against the Cleveland Cavaliers. Carolina Panthers star Russel Okung had also agreed similarly. Klay Thompson and Andre Iguodala have declared that they will take part of their salaries in Bitcoin when it comes to their paychecks. They’re partnering with Cash App, which recently recruited Aaron Rodgers and OBJ

January 11, 2022 1 min read

Can Bitcoin (BTC) and Ethereum (ETH) Rebounce Again?

The Bitcoin price rebounded on Sunday, January 9, ending a six-day sideways trend. At press time, Bitcoin was trading at $41,898, with a $792 billion market value. On-chain data and RSI levels have been suggesting a trend reversal. The US Inflation Data due on Wednesday will be a significant factor

January 10, 2022 2 mins read