Crypto Bankruptcy was Big Last Year, but was There a Positive Note to It All? 2022 was a year wrought with bankruptcy and the exiting of several crypto companies, but many analysts do not feel this was necessarily a bad thing. Bankruptcy was Big in 2022, but Things Might’ve Been Better Than We Thought On the surface, one could argue that 2022 was the worst year for crypto since 2018. […]
Millennials Are Throwing More Money Into Crypto Despite all that’s happened over the past 12 months, millennials see value in crypto. In fact, they’re betting big on digital assets and relying on them to comprise their retirement portfolios. Millennials Are Still Big Crypto Fans This is good in that millennials clearly understand the value of the crypto space. They see the arena […]
Report: North Korea Has Made Off with More Than $1 Billion in Crypto The top spy agency of South Korea stated its neighbor North Korea has stolen an estimated $1.5 trillion won worth of cryptocurrency funds over the past five years. This is equivalent to about $1.2 billion in USD. More than half of that money was stolen in the year 2022 alone. North Korea Is Still Stealing […]
MicroStrategy Sells Some BTC… Then Turns Around and Buys More MicroStrategy – the famed software giant turned institutional bitcoin bull – has done something many of us thought it incapable of doing: it’s selling some of its bitcoin. MicroStrategy Sells, Then Buys, BTC MicroStrategy announced it had sold some of its BTC reserves on December 22, 2022. The company says it did so for tax […]
Bitcoin Price Analysis: BTC Rally Could Extend Above $22K Bitcoin price started a fresh increase from the $18,750 zone against the US Dollar. The price is now trading above $20,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $20,950 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could […]
Andy Yen Is in Favor of Crypto Regulation Andy Yen is the CEO and co-founder of Proton, a privacy-centered organization that seeks to provide a whole new (autonomous) version of the Internet. Yen Wants to See Change in the Crypto Space In a recent interview, he gave his thoughts on bitcoin, crypto, and what traders can expect in terms of legislation and what […]
Gold Is Making Bitcoin Look Pretty Bad It appears bitcoin is taking another beating, only this time, it’s from its rival gold. The precious metal has long been considered a solid commodity and a hedge against a wide array of economic problems and similar troubles, but it looks like the asset has recently hit a new six-month high and is now trading […]
Two Men in Nigeria Arrested for Crypto Fraud Two men in Nigeria have been arrested for allegedly taking part in crypto fraud. The pair obtained quite a bit of money by cheating investors and lying to them about their potential returns. Two Arrests for Crypto Fraud in Nigeria Force PRO – which is the national cybercrime force in Nigeria – said that the […]
Mining Pool BTC.com Hacked; $3 Million Goes Missing It’s happened again, folks. Another crypto hack is in the books. This time, the victim is alleged to be BTC.com, one of the biggest crypto mining pools in the world. BTC.com Hacked; A Lot of Money Gone The mining pool is believed to have lost as much as $3 million at the time of writing, […]
Bitcoin mining difficulty reaches all-time high Crypto miners resume work after a stormy winter to find bitcoin mining difficulty has jumped to 10.26, a new record high since last October. According to data from BTC.com, the bitcoin (BTC) mining difficulty rate is at its ATH of 37.59 trillion. This represents an increase from last year’s readings, which were 36.76 trillion on […]
Mark Cuban: Forget Gold, Invest in BTC Despite everything that’s happened in 2022, Mark Cuban is doubling down on his love of bitcoin and says he’s hoping to purchase more of the world’s number one digital currency by market cap should it drop even lower. Mark Cuban Doesn’t Like Gold That Much 2022 was a rough year for bitcoin and the crypto […]
Crypto Magnates Like Changpeng Zhao Saw Their Net Worth Crash in 2022 2022 was a year of loss, and many crypto billionaires – from Changpeng Zhao of Binance fame to the Winklevoss Twins who run the Gemini exchange – have lost a ton of money. So much in fact, that in just nine short months, many of them have seen their net worth virtually collapse – in […]
Australian Authorities Say Crypto Is Too Often Used for Money Laundering Australian law enforcement agents are claiming that crypto has become the number one go-to tool for those looking to commit money laundering or financial fraud. Australian Authorities Issue Crypto Warning Senior executives of the Australian Transaction Reports and Analysis Center (AUSTRAC) claim crypto has become part of the “money laundering tool kit,” and that using […]
Warren Buffett: Forget Gold and BTC, Invest in Stocks! Warren Buffett is telling all his followers that buying bitcoin or gold during times of war is a terrible mistake. He is telling them all to avoid these assets and to avoid hoarding cash and to put all their money into stocks, as these are the only safe assets that can assuredly build wealth in […]
Didi Taihuttu Is Moving All His BTC to Defi Platforms Didi Taihuttu and his family – often dubbed the “bitcoin family” due to their devotion to the world’s number one digital currency – are still confident in bitcoin and aren’t letting last year’s price flops and the collapse of FTX get to them. However, things have changed enough that they’re moving their bitcoin over and […]
Cynthia Lummis: Congress Needs to Pay Attention to Crypto Republican Senator of Wyoming Cynthia Lummis says what happened with FTX is exactly why Congress needs to begin paying attention to cryptocurrency. She cited the bipartisan bill she established in early 2022 with New York congresswoman Kirsten Gillibrand (a democrat from New York) and said U.S. regulators need to give the bill their full attention […]
Crypto Pioneer Tiantian Kullander Passes Away Tiantian Kullander – the founder of digital currency firm Amber Group – is alleged to have passed away in his sleep on November 23 according to a statement from the company. Tiantian Kullander Has Passed On Kullander launched the enterprise in 2017. At the time of his death, the firm was valued at more than […]
Oregon Tells Residents to Avoid Crypto Investments The state of Oregon has put out a notice to all its residents warning them that investing in crypto could be a costly mistake. Oregon to Investors: Avoid Crypto The warning stems from the Oregon Division of Financial Regulation (DFR) and comes fresh off the heels of the FTX collapse, which arguably sent ripples throughout […]
Ethereum transaction volumes soaring, but bitcoin is still more popular Ethereum (ETH) transaction volumes have been on the rise since last year, surpassing that of bitcoin (BTC), according to on-chain data sourced from Nasdaq and Ychart by reddito321. Thanks to its support for smart contracts, non-fungible tokens (NFTs), and various decentralized finance (DeFi) activities, Ethereum network outperformed Satoshi Nakamoto’s bitcoin (BTC) in terms of transaction volume […]
2023 Has Arrived. Will It Be a Good Year for Bitcoin? 2023 has finally arrived. Happy New Year to all digital currency enthusiasts out there! Here’s to hoping that all bitcoin players are greeted with kinder, gentler, and more loving maneuvers to their crypto stashes than what was doled out in 2022. Could Bitcoin Recover Soon? To say 2022 was a bad year for crypto would […]
