It is still unclear whether bitcoin mining is creating havoc on the environment, or if it’s just a snide criticism that gets good headlines. Bitfarms Ltd., TSXV:BITF, OTC : BFARF) is the largest publicly traded bitcoin mining firm using more than 99% renewable electricity. It’s surprising that the majority of people are leaning towards the latter. Recent […]
After a report that claimed the Bukele family was secretly planning to release a stablecoin or a crypto wallet, a Salvadorian economist hit out at President Nayib Bukele. According to El Diario de Hoy’s website ElSalvador.com economist Tatiana Marroquin was a vocal critic of Bukele as well as the so-called Bitcoin Law – the act […]
CNBC reports that Nassim Nicholas Taleb reversed his position on bitcoin. In a recent paper, the author of “The Black Swan” stated that the largest cryptocurrency market cap had failed to meet the expectations of its use as a currency with no government, as an investment safety haven and as a hedge against inflation. He stated […]
Bitcoin and other cryptocurrency are on the decline, with at least 5% falling in the last 24 hours. Shares of crypto-related stocks are under pressure, including Coinbase global (ticker : COIN), down 2.6% to $245 on Thursday. Other crypto stocks also fell, including Grayscale Bitcoin Trust(GBTC), Riot Blockchain(RIOT), MicroStrategy [MSTR], Silvergate Capital (“SI”) and (SQ). There are many […]
On Friday, Ether surpassed bitcoin in active addresses. This is a sign of waning demand for the largest cryptocurrency in the world as its counterpart grows in stature. Bitinfocharts data shows that ethereum is leading with 757,859 active address, approximately 49,154 more than Bitcoin, which has 708,705. From its April peak of 1.01 million, the total […]